With 2 Large PR's out the last 2 days adn a nice chart, were ready to go!
Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes Monday April 10, 8:00 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--April 10, 2006--The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio. ADVERTISEMENT
Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.
The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.
The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.
The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.
The company is currently in negotiations for several additional properties in the Pacific Coast region.
Forward-Looking Safe Harbor Statement
Cal-Bay Announces Development Plans for Luxury Condominiums on Company's Downtown San Franciso, California, Property Thursday April 6, 4:05 pm ET
SAN DIEGO--(BUSINESS WIRE)--April 6, 2006--Cal-Bay International, Inc. (OTCBB:CBAY - News) announces plans for the development of 12 luxury condominiums on the company's downtown property. ADVERTISEMENT
Cal-Bay's Board of Directors today announced the company has initiated the process for the planning and development of 12 luxury condominiums on the company-owned 9th street property in downtown San Francisco, California.
The development is expected to yield over $10.5M upon completion which should add over $4M to the company's bottom line within the next 12 months.
The property is located in one of San Francisco's premium downtown redevelopment areas within blocks of the new ballpark. Cal-Bay purchased the San Francisco property earlier this year for $2.65M. Newly constructed adjacent condominium properties are currently being marketed in the range of $1400 per square foot.
Forward-Looking Safe Harbor Statement
Posted by adlai on :
It's time to dust this one off and bring it to the front of the boards... these next few weeks are going to be a good play for cbay...
We are looking at bottom play here, near the 52 week low and nowhere to go but up...
I like CBAY... money in the bank...
Posted by adlai on :
divi released last week has been climbing since... I like...
Posted by adlai on :
I normally don't play stocks being suggested by the pumper web pages... I just can't resist this one... consider me in first thing on monday...
Posted by adlai on :
I keep reading more and more news, and hearing about more and more growth and revenues... BOTTOM PLAY>>> don't miss this double up oppurtunity soon...
Posted by AgentGPF on :
You read all of that in 5 minutes? Probably a bit more out there to read. Posted by adlai on :
I posted in 5 minutes becuase I forgot to put some stuff in there... 3 things to be exact...
I spent all day yesterday researching next weeks picks... granted not all of it was dedicated to cbay... much of it was, no reason not to buy...
I have had nothing short of a 100% on anything this year... this one will be no different agent...
and check other boards... as for me looks like the next group play...
Posted by adlai on :
indef... we should do more group plays... we would all be fuggin' loaded man... except for the newbies left holding the bag... : )
Posted by adlai on :
I like cbay... I'm still in ndol as far as pennies go but I love to flip stocks like cbay... I'l be doing it all week...
Posted by adlai on :
Indef... I think you got the wrong symbol there bud... do your dd...
Adlai_
Posted by indef on :
quote:Originally posted by adlai: Indef... I think you got the wrong symbol there bud... do your dd...
Adlai_
oops... you're right... did too much DD... lots of talking about CBAY on HSM and HUB... still not sure that these groups could bring enough volume - will see on Monday... By the way - count me in...
Posted by adlai on :
Just wanted to add here that CBAY is opening a real estate division in May of this year... less than a month... more revenue, stock is going to continue the rise...
This week is gonna be great... I'll be holding for the next few weeks though...
May is going to be huge for this company...
Adlai_
Posted by adlai on :
Just put in my order for tomorrow, I'm going to try and get in tommorrow at .29... fingers crossed...
With all the weekend hype and last weeks fall... I see this thing spiking through the first of this week... steady climbs through may guys... don't miss this one... read the chart then the news...
Don't try to catch the run on this one...
Adlai_
Posted by johnny14511 on :
nice,,,,,,,,
seems like adlai really likes CBAY
Posted by edgewise on :
I do like how this company sounds. And the price seems very good right now.
Definately one to keep an eye on tomorrow to see how it acts.
Posted by dmxbr9 on :
great company...cash divys are soon too.....
Posted by ChrisPy on :
Well Im in on this at opening bell. Hope the gap isnt too high but I cant be here to buy first thing in the AM so I placed my buy for 15k shares at Market for the morning. This looks like a good buy to me.
GLTA on this one!!!
Chris
Posted by adlai on :
cbay is bottomed out... time to rise... with this and ndol in my penny portfolio... I'm looking at some sweet gaines these next few weeks.... cbay is the way....
Posted by 7 of 9 on :
CBAY - Cal-Bay International, Inc. Common Stock Declaration Date:
-- Ex Date:
04/21/2006 Record Date:
04/25/2006 Payment Date:
05/25/2006 Dividend Type:
Cash Dividend Dividend Amount:
.01 Notes:
This div will happen on Friday.
See the chart of PTSC to see what a real, cash divy can do to the OTC.
I repeat, CBAY has paid the div to NASDAQ. Its baked in, a done deal.
Posted by SuperSniper00 on :
CBAY looks great, bottom play plus a real cash dividend = mad money $$$!!
IDWD shot up like crazy just on the mention of a cash dividend. This one has actually been filed.
Posted by SuperSniper00 on :
An $8 million position for Cal-Bay looks to mature as one of the largest home builders closes escrow on a West Palm Beach, Florida property. First mortgage position was occupied by Cal-Bay. Cal-Bay purchased the first mortgage position in late 2005, being aware of the contract with National Home Builder and Developer in regards to the 289 acre parcel of land in West Palm Beach, Florida. The distributions of funds are expected to be in the region of $8 million after fees and costs. The investors that had assisted in the capitalization of the project will see a return of almost $2 million, including interest. The proceeds will net the company about $6 million in all. The funds are to be used specifically for the development of existing properties and the acquisition of additional properties for the company.
A leading edge in real estate acquisition, Cal-Bay International acquires, develops and manages a vast portfolio of diversified commercial, industrial and residential properties in high growth areas. The company’s current portfolio includes $22.5 million in properties and an equity position of more than $12 million. Each property is put through a due diligence test before it may be acquired by Cal-Bay.
I just couldn't resist. This sounds so nice, and the bounce alone has huge potential. Not to mention the dividend stuff and all the stuff this company really has going for it.
Looking forward to the next few days.
Posted by adlai on :
14 percent annual div. is sweet on a penny... ss and 7 of 9 I'm glad to see both of you ... keep this one at the top of your wl guys... adlai
Posted by adlai on :
Just got on my computer... not as hot as expected but glad to see this thing isn't continuing the drop from last week... the chart is ready to bounce...
Adlai_
Posted by adlai on :
Looks like all the shorts left us today... get in this week before the divi guys... this is still my biggest penny player, all the way to the top... this thing will double before you know it... cbay is the way...
Adlai_
Posted by adlai on :
One more thing guys... go through and do some dd on this stock... look at the news, read the charts... this REAL ESTATE stock is a no brainer...
Adlai_
Posted by coalkickin on :
Looks good...will watch it tomorrow
Posted by adlai on :
Watch all week coal... if you didn't get into ndol in the .20 range... this is your play... both are awesome plays but I think all in all cbay has a better gain potential in the coming weeks imho...
Adlai_
Posted by adlai on :
by the way... looks like 16 million shares outstanding... way undervalued... I stress WAY!
Adlai_
Posted by 7 of 9 on :
short have hit the road on this stock
they are going to cover this week
remember, PTSC has delivered a series of small cash divies, and gave longs 15 bags
CBAY could give a series of divs in order to keep pressure on the shorts. theyll find other victims.
Posted by adlai on :
I agree 7 of 9... no reason why this stock isn't going to give longs big numbers...
Anybody who knows numbers and technical analysis is going to buy this stock... WAY too much going for them... and WAY too much potential...
glty... get in while it's low guys...
Adlai_
Posted by edgewise on :
Looking forward to tomorrow for this one!
I've got 1600 shares.. seems so small when i compare it to the hundreds of thousands I have of my other stocks.
But whatever, it still stands to give me a pleasant gain. .50 by the end of the week really seems realistic to me. Any other thoughts?
Posted by adlai on :
edge... 1600 is cool man... when I started it was anything I could get my hands on... you know what I mean?...
.50 is realistic, if you're long you won't regret it... did you read the sec filing that was released today... our shares are worth well over .50, just give it time...
Also, this is a fairly new business (I think just over a year as Cal Bay) and they've aquired some awesome property... my family owns 3 real estate offices in my area and I'm telling you, I know real estate... this stock is going to be huge...
edge... just work on aquiring more shares, you won't regret it man...
Adlai_
Posted by edgewise on :
Yea, I'm tied up with a big holding over in RSHN, which is good, cuz I think it's still got plenty to keep goin on back up again.
After my other stocks make their decent runs, this one looks like a good longer-term-play. The news sounds huge. And I don't know much about real estate, except that I'm from South Florida, and I know that the West Palm area is really high growth, so I liked seeing that in there, plus California's a huge market no matter what.
All the good stuff this company has going for it, along with the massive pull-down the other day really tells me that this thing has some good pps raises in its near future.
I mean, this thing was .59 less than 2 weeks ago, and it's had good news. Looks to me like an MM play to pull it down to bring it back up for a real hefty profit.
Glad to be here!
Posted by adlai on :
edge... glad you're here man...
Adlai_
Posted by KublaKhan on :
How is this good?
quote:Cal Bay generated $5,785 in revenues for the year ended December 31, 2005 compared to $185,794 in revenues for the year ended December 31, 2004. Operating expenses for the year ended December 31, 2005 were $2,442,077 compared to $673,484 for the year ended December 31, 2004. Total net loss for the year ended December 31, 2005 was $2,442,077 compared to $570,422 for the year ended December 31, 2004.
The company believes that in order to maintain its current real estate holdings and to close escrow on the properties currently in escrow, the Company must raise additional capital. The Company has no current plan in place to raise additional capital. The Company may sell additional stock, arrange debt financing or seek other avenues of raising capital.
Posted by Birkoff on :
Anybody know what's the float on this one?
Posted by adlai on :
That sec filing was for a period that ended Dec.31, 2005... have you been reading the PR's for the past two months?... Last year was their first real year in real estate, and trust me, it's never good...
Read the news on the recent 8 mill maturity... you don't buy a stock for the way it has looked, you buy it for the potential it holds in the near future... real estate is always cash money... and quite frankly it's always red at the start...
And the fact that they are looking to open a real estate office... huge... you can't grow if you're begging for cash...
Bottom line... you're looking at a penny stock... 3 and a half months is a long time... i read that statement myself and shrugged it off... that's the business of real estate...
Donald Trump once passed a bum and mentioned that he, the bum, had 8 million dollars more money than trump had, making the bum the richer man... Trump was in 8 million dollars of debt at the time... I'm not sure that's really an issue now...
KublaKhan... i said the same thing about RSHN in the begginning, did you know that in 2002 their beverage was discontinued to merchants?... not anymore...
glty... I hope you don't miss out on this opportunity Kubla...
Adlai_
Posted by adlai on :
Birk... I thought I had printed that off... I'll see if I can dig through my crap here...
Posted by 7 of 9 on :
quote:Originally posted by edgewise: Looking forward to tomorrow for this one!
I've got 1600 shares.. seems so small when i compare it to the hundreds of thousands I have of my other stocks.
But whatever, it still stands to give me a pleasant gain. .50 by the end of the week really seems realistic to me. Any other thoughts?
Here are my thoughts.
Cash divies on the OTC are extremely rare.
Those of you who have suffered huge losses in other stocks know the weakness of the OTC.
If a co has no cash, it can and will be shorted. This is the brutal world we live in.
CBAY has proved to all mms that they have money. The divy cash is already paid. More divys will come.
It seems to be the only way to get the shorts to move away.
Contrast LFWK which is fighting the shorts but has not paid a divy with PTSC that has paid more than 1 divy.
Holding 6k shares
Posted by adlai on :
I'm excited about this one... more excited than I was about RSHN or NDOL in the penny playing field...
CBAY's hot...
A note... Keep in mind that the sec report released today does not... I repeat... does not reflect anything that has taken place the entire 2006 year...
GLTY... Adlai_
Good night all... can't wait for opening bell...
Posted by adlai on :
Trading starts in 45 minutes...
CBAY Adlai_
Posted by adlai on :
Three cents down and no one has anything to say... I've been in a meeting all day and haven't had time to post...
Did anyone get some more shares today... I picked up some more and my average is around .28 give or take...
Don't let this one slide past you guys... just be fortunate we didn't have a day like ndol or rshn...
Adlai_
Posted by adlai on :
If I knew how to drag the chart into a post I would guys... go look at the chart and see the pattern CBAY plays all the time... I'd buy this stock on chart performce alone...
I hear people ask all the time for a good penny stock that would be a good bottom play... where are they now?... I imagine they are chasing the ndol run... doesn't make much sense...
glty... this week we lose the shorts... don't wait until next week when it's on the run...
do your dd... you'll buy, I guarantee it...
Adlai_
Posted by opieone on :
the PR on this stock looks good I went ahead and bought in on it. Alot of my holdings are in sttk for the press release + positive PR. Hope I bought in at the right time wish me luck guys.
Posted by paulbest on :
quote:Originally posted by adlai: indef... we should do more group plays... we would all be fuggin' loaded man... except for the newbies left holding the bag... : )
Yeah, that was me with RSHN and VRDM. I'm a newbie got left holding the bad ...you dogs But I like this idea of group plays. Runs up the vol, generates attention from other investors, so basically we act like a private club, we pump and then dump...nice i'm with you guys on the next VRDM type stock.
paul
Posted by paulbest on :
OK I'm back...ck out the post time of the above post. 19:24 and look at this post time. like 3 minutes yes? Well thats how long it took me to do my DD on this comapny. Its true, i'm both thumbs up on this one. But what i don't understand is why so few shars out? Like 1.5M.
Paul
Posted by cassity on :
Hey Adlai, you still in NDOL?
Posted by adlai on :
There's more than 1.5 mill shares out... look back at some previous posts... it still is WAY undervalued however...
This week is a result of shorts leaving... you still have plenty of people getting into CBAY, but plenty of shorts draggin it down... we're seeing above average volume this week...
I truly believe this is one of the best buys in the market... and I was promoting it before I bought shares... kind of dumb, but proof I'm not just some a**hole pumper...
This won't be a pump and dump, I have played way too many real estate stocks... and this is at the top of my list as far as gainers...
Good luck guys, and don't be upset about the prices this week, just worry about how you are going to buy more and more shares... I'll be doing it all week if the price stays like this...
Be glad you won't be a chaser and buy at the top... bottom play always makes bank...
Adlai_
Posted by adlai on :
cassity... I have to be honest... put in my order to sell all my shares of NDOL this morning and glad I did... might buy some before May 1st though...
Put most of it into CBAY... I just really think this is the better play... put the remainder in BLMC... not a penny but I have been investing in it for so long it's like my little savings account (BLMC has a 20% return in divs alone)... another real estate related stock I might add...
I still think NDOL is a good play but I was happy with my 100% gainer... always my short term goal...
Hope I didn't let you down cassity... glty...
Adlai_ ps... Cassity, you in CBAY yet?
Posted by cassity on :
I've been checking it out, but everything still tied up in NDOL!
Posted by cassity on :
Adlai, by the way what do you think is fair price for CBAY's future. Do you think this is a Long play.
Posted by adlai on :
I'm expecting a 400% minimum return... that's not to say I won't sell before that and ride on some free shares... I just really think this will be above a dollar before we know it... look at the chart... it was at a dollar just not too long ago, with news not near as good as we have heard in the past few weeks... the stock has been in this state before and it reached the dollar mark... it'll happen again easy... plus my 14% annual div... it's a beautiful thing, and a hell of a play...
and that's what I'm countin' on... Adlai_
Posted by cassity on :
Sounds very intresting, I'll try to free up some cash. Kinda off the subject, but LSMJ is in some what the same boat, it looks like it could go to a dollar with some decent news. What's your thought?
Posted by adlai on :
Cassity... LSMJ... looks interesting... I would definitely stay away from companies that that can't be contacted however... looks kind of iffy to me... If you know something I don't know let me know... but at this stage I think you're better off buying hundreds of dollars worth of lotto tickets lmao... in my honest opinion stay away from it... and i'm not saying that so you'll buy some CBAY ... glty, let me know if you turn to the cbay side...
Adlai_
Posted by adlai on :
Hey Cassity... what's your golf average... I saw that was one of your interests...
Adlai_
Posted by cassity on :
I'm about a 10 handicap. If I get in CBAY you have to let me know when your jumpin ship!
Posted by adlai on :
I always do cassity... the purpose of me posting is to gain knowlege from other investors and in turn provide an insight of my own, not to pump and dump...
I still think it would be genious of us all to do nothing but group plays... we would be so fuggin' rich...
My handicap varies throughout the year... I might give you a run for your money though... next time I'm in Utah I'll look you up... I'll just look for Cassity in the phone book lmao...
glty... let me know if you need some more info on cbay...
Adlai_
Posted by cassity on :
I agree group play would be swwweeet. Keep me updated and thanks for the info. (You'd probably kick my a-- at golf too!)
Posted by adlai on :
Well my sexy hot wife just came home... good night to everyone and good luck trading tommorrow...
Adlai_
Posted by adlai on :
Okay... my sexy hot wife just went to bed...
No thoughts on CBAY since I got off?... what's the deal... I can't wait till this thing runs like mad an everyone jumps aboard...
CBAY is the way... Adlai_
Posted by edgewise on :
Well, I don't really have anything to say... But I'm looking forward to the ride!
I don't have any classes tomorrow, so I can actually track this one as it goes, and hopefully it goes upward.
Here's to tomorrow!
Posted by BallBallmon on :
Is the dividend is around 0.04 ? IMO it won't give a bounce so high
Please correct me if I am wrong
Posted by SuperSniper00 on :
The dividend is .01.
Posted by hawkdriver on :
OK I have a question. I'm not trying to scare anyone but I found this DEF 14C on the company's web page the effective date is 11 Jan 2006. I don't see any past R/S this year on my chart. Did this actually occur?
This Information Statement is being furnished to stockholders of Cal Bay International, Inc. , a Nevada corporation (the "Company"), to advise them of corporate action taken without a meeting by written consent of a majority of stockholders to amend the Certificate of Incorporation of the Company to reclassify its share structure as follows:
Summary of Amendment of the Certificate of Incorporation:
A. Reclassification of shares:
Shareholders with shares prior to the effective date shall automatically and without any action on the part of the record holder thereof be reclassified as and changed into one (1) new share for each (25) old shares.
Posted by adlai on :
I think that rs did take place early this year... I'm in a meeting right now so ill get some for sure numbers on that... quite frankly that rs did this co. a lot of good and increased the value of our shares.... the .01 is a quarter div... I multiplied that by 4... this company is going to release a bigger div next quarter... I would almost guarantee it... adlai
Posted by 7 of 9 on :
PTSC
The fist div was only .02
pps went up like 10X do to short covering
Posted by hawkdriver on :
I agree that the R/S would do this company good, by reducing the OS I just don't want to buy before an R/S happens. If it already happened then I would be in.
Posted by SuperSniper00 on :
what is going on with CBAY?? falling thru the floor
Posted by edgewise on :
Sorry guys. It would appear as if I have the 'golden touch' for buying losers. Even the winners that I do get, I sell for losses before they run.
I dunno what to do with this one. I thought this one had a reasonable floor to bounce off of. But we'll see. Still holding what I got for now.
Posted by 7 of 9 on :
there are no buyers
thats true for the whole otc right now
but wait till tomorrow
shorts will be buying
tomorrow is the action
last day for divy
Posted by gatorboy2424 on :
finally got in guys... it cant go anylower with what the company has done in the past... i expect a hefty rise in the next couple of days.
Posted by edgewise on :
waiting on a couple of my stocks to turn around. this one should be good for tomorrow. my other, FNIX, started to pick up some momentum towards the close, so that could be good for tomorrow. and my other other, RSHN, seems to be done with its bad mood swing, and should kick back in gear now.
some good days better be coming up to make up for my bad recent record.
Posted by paulbest on :
What makes you think this will go up tomorrow? I think its NEXT weeks play. You are one week too early, maybe 2 weeks too early.
We'll see,.
Posted by edgewise on :
quote:Originally posted by paulbest: What makes you think this will go up tomorrow? I think its NEXT weeks play. You are one week too early, maybe 2 weeks too early.
We'll see,.
Wishful thinking. And the fact that I know that if I were to sell now for a loss, this thing would run soon after. So it's just a matter of a short time-span that this thing will leave these price in the dust.
I mean, I still don't see a reason for the rapid fall-out of the price from where it was at .50, so I don't see it hanging out down here much longer. At least, that's how I see it. I could be very wrong, of course. Either way, I'm learning patience here day by day.
Posted by adlai on :
Okay... another meeting today so I couldn't post much... did manage to get in a few more cheap shares today so I'm fairly happy...
I'm not concerned at all with the price today and this stock is nowhere close to being a loser... I never pick a loser...
People who are waiting for the run are just missing out... Me, I'm planning on holding on because I want in on the div... by that time it'll just be like a little extra spending money on top of what I'll have already made by that point...
This week is just the beginning... glty everyone... don't freak...
Adlai_
Posted by gatorboy2424 on :
adlai, i got in at the end of the day also but i still but what are you basing your speculations on? why do u think this is goin to run back up?... which i hope though.... its chart looks like a beauty and it looks like a strong company, i was just wondering if u knew anything else
Posted by paulbest on :
quote:Originally posted by edgewise:
quote:Originally posted by paulbest: What makes you think this will go up tomorrow? I think its NEXT weeks play. You are one week too early, maybe 2 weeks too early.
We'll see,.
Wishful thinking. And the fact that I know that if I were to sell now for a loss, this thing would run soon after. So it's just a matter of a short time-span that this thing will leave these price in the dust.
I mean, I still don't see a reason for the rapid fall-out of the price from where it was at .50, so I don't see it hanging out down here much longer. At least, that's how I see it. I could be very wrong, of course. Either way, I'm learning patience here day by day.
Yeah I guess what you are saying is that its pretty near the bottom, and so no reason to sell. Could go up at any time in the comming week/weeks with good PR. I give it a soft buy and hold pattern. Nothing too big an investment. But look for any volume/spike. I'll try to go in soon, as cash becomes avaliable.
Paul
Posted by edgewise on :
quote:Originally posted by paulbest:
quote:Originally posted by edgewise:
quote:Originally posted by paulbest: What makes you think this will go up tomorrow? I think its NEXT weeks play. You are one week too early, maybe 2 weeks too early.
We'll see,.
Wishful thinking. And the fact that I know that if I were to sell now for a loss, this thing would run soon after. So it's just a matter of a short time-span that this thing will leave these price in the dust.
I mean, I still don't see a reason for the rapid fall-out of the price from where it was at .50, so I don't see it hanging out down here much longer. At least, that's how I see it. I could be very wrong, of course. Either way, I'm learning patience here day by day.
Yeah I guess what you are saying is that its pretty near the bottom, and so no reason to sell. Could go up at any time in the comming week/weeks with good PR. I give it a soft buy and hold pattern. Nothing too big an investment. But look for any volume/spike. I'll try to go in soon, as cash becomes avaliable.
Paul
Yea, I'm just holding this one for now. I strongly believe it should bounce nicely in the future. But, no big investment in it. If you want, check out FNIX. It might have a nice bounce coming up as well. But, it'll probably raise a couple of your 'red flags'. Regardless, I'm looking for a nice run on it.
Posted by adlai on :
I believe in cbay so strong for the reasons you just listed and more... good chart, good company...
Others...
Penny with a cash div... means they have one thing most penny companies don't... cash...
New real estate company and they performed extremely well their first year, this is just the beginning...
Recent pr's will promote stonger investors... And the pr's are all about numbers and in my opinion kick ass...
This company is opening a real estate diviion office in May and on top of what they hold this will bring in additional revenue for the business..
Nothing but good news for CBAY... the price is fantastic...
Just waiting for it to bounce... give it just a little longer... and don't sell because it isn't moving right away... patience...
glty... Adlai_
I hope I covered enough there...
Posted by adlai on :
I believe in cbay so strong for the reasons you just listed and more... good chart, good company...
Others...
Penny with a cash div... means they have one thing most penny companies don't... cash...
New real estate company and they performed extremely well their first year, this is just the beginning...
Recent pr's will promote stonger investors... And the pr's are all about numbers and in my opinion kick ass...
This company is opening a real estate diviion office in May and on top of what they hold this will bring in additional revenue for the business..
Nothing but good news for CBAY... the price is fantastic...
Just waiting for it to bounce... give it just a little longer... and don't sell because it isn't moving right away... patience...
glty... Adlai_
I hope I covered enough there...
Posted by adlai on :
I believe in cbay so strong for the reasons you just listed and more... good chart, good company...
Others...
Penny with a cash div... means they have one thing most penny companies don't... cash...
New real estate company and they performed extremely well their first year, this is just the beginning...
Recent pr's will promote stonger investors... And the pr's are all about numbers and in my opinion kick ass...
This company is opening a real estate diviion office in May and on top of what they hold this will bring in additional revenue for the business..
Nothing but good news for CBAY... the price is fantastic...
Just waiting for it to bounce... give it just a little longer... and don't sell because it isn't moving right away... patience...
glty... Adlai_
I hope I covered enough there...
Posted by adlai on :
my computer goofed there... just in case you missed it the first time... my computer decided to give it to you three times... sorry about that guys...
Adlai_
Posted by edgewise on :
Not the most positive stock these past few days, but the way the red candles are curling and accellerating their downward direction make me think it's getting ready for a real bounce soon.
Plus, volume's been picking up some.
Friday would be a good day for a nice bounce back to .40, at least.
Posted by Mr. Berbician Seventy Seven on :
Edgewise, and what about FNIX that you mentionned not so long time ago ? That one was sooooooo bullish today...
Posted by 7 of 9 on :
We should get a .01 cash divy tomorrow.
CBAY - Cal-Bay International, Inc. Common Stock Declaration Date:
-- Ex Date:
04/21/2006 Record Date:
04/25/2006 Payment Date:
05/25/2006 Dividend Type:
Cash Dividend Dividend Amount:
.01
Does the pay date of 5/25 mean we wont get the div until then?
Posted by edgewise on :
quote:Originally posted by Mr. Berbician Seventy Seven: Edgewise, and what about FNIX that you mentionned not so long time ago ? That one was sooooooo bullish today...
That's a stock I'm just keepin in my back pocket till it bursts up to .025, which I really do believe will happen within 2 weeks. Green's still green, either way.
As for this one, I'm gonna hold it till around .50, hopefully. I mean, the RSI is 21.15. I'm pretty sure that's a good sign for a turnaround here.
Posted by adlai on :
7 of 9... that's exactly what that means... May 25th will be the day you get your check...
This stock is very bullish... all you chickens that sold out today will soon regret...
Sorry I didn't post today... work was slammed...
GLTY guys... congrats if you got some shares in today...
Adlai_
Posted by edgewise on :
Cool. My check for 16 bucks should clear the commissions I spend on this. That's nice.
I'm still holding, waiting for the big day to come that this thing works its magic.
Adlai.. do you have any good theories as to why this thing dropped so much back on the 10th and 11th? It was right after the dividend announcement, so I would think that that would bring the pps up because of the high demand...
But at the same time, I'm thinking (actually hoping) that what happened was an MM pull-down, knowing that if they bring the pps way down, they could get a ton more shares (since they're cheaper) before the ex-divy date, and then after today, since they're all loaded up now and will be getting the divy, they'll bring the pps right back up and make a good profit from it that way as well.
What do you think?
Posted by adlai on :
this is mm manipulation without a fuggin doubt edge... sometimes you just have to play their game and pick up the cheaper shares if it drops.... adlai
Posted by renrob05 on :
Not saying it is...but could it be dilution?
Posted by SuperSniper00 on :
why would you dilute and give out cash dividends?
they would dilute and sell after the price goes up 10 fold
either way it better go up soon because im sitting on 9500 shares
Posted by renrob05 on :
give the dividend to get rid of shares...but i don't think it's that...i think it is MM manipulation...it's on the SHO list for awhile now, so that means the MM will drive it down,
I like it, gonna buy a position tomorrow possibly
Posted by 7 of 9 on :
i agree with mm manipulation
they do not always roll over and give up.
shorts may be planning to actually pay the dividend, and then short cbay more to get the cash back.
who really knows.
Posted by gatorboy2424 on :
im ready for tomorrow thats abt it
Posted by adlai on :
I said it a while back... I planned on a 400% return... I don't take losses and I don't give up on any stock that has a few down days...
Read the chart, do your dd... this stock will climb and climb in the comming weeks... wait till the div news is finished and out of the way so that we can see what this new real estate stock is going to offer us in the next quarter...
Revenue and bigger divs to come... I'll guarantee it...
Adlai_
Posted by dmxbr9 on :
i know for a fact this had heavy promos which were paid in shares...maybe they will finish dumping soon...
Posted by SuperSniper00 on :
Press Release Source: Cal-Bay International, Inc.
Cal-Bay International, Inc. to Acquire California-Based COBS Homes LLC Friday April 21, 10:16 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--April 21, 2006--The Board of Directors of Carlsbad, CA-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced the Company signed a Letter of Intent for the purchase of California-based COBS Homes, a premier online homebuilder support services company. ADVERTISEMENT
Cal-Bay International's President Roger Pawson announced the news after the Board of Directors confirmed the company had entered into an LOI for the purchase of COBS as a wholly owned subsidiary of Cal-Bay.
COBS (Complete Owner-Builder Services) was founded to help people through the process of building their own homes. The company has developed an A B C program to help with finance, real estate, and construction decisions. COBS provides services to help you with construction loans, home plans, building lots, building materials, construction budgeting, and the entire process of building a home. COBS was founded by President Rob Mackle in 2000 and has had consistent growth and success in the online Owner-Builder Services arena. COBS' annual revenues are currently in excess of $5M per year and through the Cal-Bay alliance COBS has plans for major growth and expansion. COBS has business partnerships with several major nationwide hardware chains; COBS' revenues for 2004/2005 are reported to be in the region of $5M per year. COBS has assisted with the building of over 6,000 homes since inception. www.cobshomes.com
Cal-Bay's President further added upon successful completion of the acquisition COBS would relocate to Cal-Bay Corporate Offices in Carlsbad, California, bringing the total number of employees at the corporate location to 40 people.
Pawson further commented, "We are delighted to have the opportunity to expand the horizons for both companies by way of the acquisition, many joint venture projects are available within the internal operations of the companies, and Cal-Bay will make available the resources to the COBS subsidiary to expand their operations and marketing needs to further grow the company, resulting in maximized market awareness, expanded corporate sponsorship, increased revenues and profitability. The combined revenues for Cal-Bay and COBS, based upon Cal-Bay's current Property Portfolio and COBS' current revenues, will equate to almost $10M per year."
The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006.
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Contact: Cal-Bay International, Inc. Public Relations Department: Steven Knoller, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com www.calbayinternational.com
-------------------------------------------------------------------------------- Source: Cal-Bay International, Inc.
Posted by edgewise on :
this is a good thing, right?
maybe the news just hasn't gotten anyone else's attention yet.
Posted by SuperSniper00 on :
It's going up.
Nobody is paying attention to cbay because its not related to A. oil B. gold C. bird flu.
Posted by edgewise on :
lol. very true.
Posted by uprightdeb on :
I'm with you, waiting for 400% gain, got nothing but patience.
Posted by Bland on :
I'm in at .21. Run baby, RUN!
Posted by adlai on :
the run has began... this is just the beginning.... all I see is more and more revenue... anyone else...
Posted by SuperSniper00 on :
Giving out CASH dividends making more and more acquisitions...these are things sucessful companies do. Not shells and companies that are in debt.
Posted by kkt6zv on :
What are some other good Message Boards, besides ragingbull, ivestorshub, and allstocks?
Posted by adlai on :
SuperSniper... I love you man... It's nice to see someone who has good taste in stocks...
Todays pr should have set the record straight... they have cash! they are setting up the perfect equation for more and more revenues and higher and higher dividends... and higher and higher stock prices...
No fuggin' brainer...
You don't buy, you're going to miss out... plain and simple...
Adlai_
Posted by SuperSniper00 on :
yup! i am sitting on 11500 shares...hopefully it takes me somewhere
Posted by SuperSniper00 on :
why is nobody talking about this one?!!
Posted by edgewise on :
quote:Originally posted by SuperSniper00: why is nobody talking about this one?!!
cuz we're patient. all the other boards that are overly active over the weekend are teeming with people that can't wait till the market opens and they're itching in their chairs for their runs. plus, there's a ton more followers of the other stocks since they've already been running, so there's a lot more love on those.
but i don't mind the quiet here for now... it'll be fun to see all the people come flooding to this late once we're makin' our big runs.
give it time.. this thing will be the top post of the board once people start to realize its potential.
Posted by HorseRider on :
Hi everyone. A very new member on allstocks. Just gambling with a portion of my portfolio on otcbb s and pinks. Looking at cbay. I am wondering what in the charts looks good. Seems on my charting the indicators look pretty flat and the volume is up on negative days. What indicators are you using? I have seen charts on here but do not know how to post them as yet.
Posted by adlai on :
i never use those chart indicators... cbay is paying a div and in the pink world it's easy for mm's to keep price down to pick up shares... this stock is worth way above recent prices... notice there's no imo behind that... it's just the facts... riding on over 15,000 shares at this point, tried to pick up more on fri but had too much money tied up else where... glty...
Adlai_
Posted by adlai on :
11 hours... money money...
Posted by DmnCndn17 on :
the chart looks good anyways. from where im standing it looks like a nice bull pullback to me, disagreements? I am a little inebriated off of red wine.
Posted by 7 of 9 on :
ill tell you people someone should call the ta tomorrow and confirm the os on cbay
jst trying to help, but i can feel something is not right.
where is all the dumping coming from.
OS = 2m
Cash divy
and down it goes
there is something here we dont know.
maybe cbay has diluted vast shares to make that "purchase". maybe the seller is already selling their shares.
maybe there is toxic financing not yet reported
just thots.
Posted by adlai on :
I don't know guys... up strong today... I like...
Posted by edgewise on :
yea.. matto gave this one his blessing earlier. and it responded nicely.
Posted by redmax on :
This should have a real nice run for the rest of the week. I think it will close the week in the 37-40 cent range
Posted by adlai on :
steady these next two weeks... i'm gonna make bank on this one...
all last week I said to get in... remember that when it's trading at one dollar...lol
Adlai_
Posted by CTMum on :
What's up with this one, no activity in almost two hours?
Posted by Hold-em-er-fold-em on :
It has been a slow trading day all around!!
Posted by gatorboy2424 on :
all its action was earlier.. prolly the same dealio tomorrow
Posted by 7 of 9 on :
maybe the shorts have finally fled
Posted by Bland on :
Green is green and I'll take it!
Posted by matto on :
yes me to. this puppy is going to have a good week
Posted by adlai on :
matto!... glad you're on board too... up over 13%... we got a mover... give me a amen...
Adlai_
Posted by gatorboy2424 on :
i hope this is the week, adlai where u think this is heading?
Posted by adlai on :
GREEN! Hold on for a couple weeks... I might hang on to most of my shares for the next divi release, although I wouldn't expect everyone to hang on that long...
Won't surprise me if it hits .40 within the week... might be shooting the moon, but its got potential to get there...
I'll be surprised however if we see a single red day all week... make that two weeks... that's a strong statement but the shareholders in at this point won't sell until the next earnings release imho...
take it for what it's worth...
do your dd guys... glty
Adlai_
Posted by SuperSniper00 on :
Posted by 7 of 9 on :
Has anyone received the cash divy?
Posted by DmnCndn17 on :
Just put in a market order for 3000 shares. Seems kind of amaturish but i really want in this stock, the chart is GREAT.
Posted by SuperSniper00 on :
quote:Originally posted by 7 of 9: Has anyone received the cash divy?
you dont get it until the pay date
Posted by matto on :
looking good today just need to break .25
Posted by DmnCndn17 on :
doesnt matter, im in untill this thing hits 80 cents again.
Posted by DmnCndn17 on :
Trading at 26 cents on higher then normal volume. This is the third day in the green. Looks like a major break out could be just strating. Remember this stock was over $1.00 just 50 days ago, and fell on no news really.
Great chance at a 4 bagger, maybe more. Time to load up.
Posted by adlai on :
three in the green and counting... take this one to the bank... in my opinion this stock hasn't come close to its threshold... money... adlai-
Posted by redmax on :
I'm so excited about this one. Great great opportunity. I think I may fund my account to purchased another lot of 20,000
Posted by iamsparticus on :
You can be right or you can be rich Adlai...which one do you prefer? If it runs just sit back and enjoy. I love pennies...but boy can i can hate them b*tches too
Posted by adlai on :
i don't know... I've always been both... looks like some people that bought at .19 and .20 are dumping now that we've gained... idiots...
Adlai_
Posted by redmax on :
Just got in on 20,000 more at 23 cents
Posted by Bland on :
I'm shocked that we closed in the RED. I guess there was more profit taking than I thought there would be.... Maybe a gap in the AM.
Posted by 7 of 9 on :
somebody call the ta and get the os
i smell a skunk
Posted by adlai on :
7 of 9... no skunk... just people taking small profit... we finished in the red due to the fact that some idiot sold at close... ask was .235 at close...
don't freak guys... your divs were recorded today and it looks like the shorts are gone... i'm still expecting to be .40 by end of week...
so 7 of 9... don't call the skunk patrol yet... jesus, I think NDOL finished more in the red than we did... wait till end of week to freak... markets all together have been down...
Adlai_
Posted by redmax on :
Just look at the chart. It's down from $1, 50 days ago, and there has only been good news. If this one doesn't atleast double in the next 10 days I'll be astonished. I'm selling a lot of my underperformers in the AM and picking some more up. This is as close to a sure thing anyone is going to get IMO.
Posted by matto on :
if it doesnt run in the am i am out i am playing a great bio stock and will rebuy before the 15th. just so u all know my position.
Posted by 7 of 9 on :
quote:Originally posted by redmax: Just look at the chart. It's down from $1, 50 days ago, and there has only been good news. If this one doesn't atleast double in the next 10 days I'll be astonished. I'm selling a lot of my underperformers in the AM and picking some more up. This is as close to a sure thing anyone is going to get IMO.
wrong wrong wrong
the only sure thing on the otc is losses, horror
Posted by redmax on :
not for me Posted by Ja Rule on :
Lots of red flags on this....I got out. Not bashing, but here are direct quotes that don't jive to me.
From PR..."The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced a quarterly cash dividend payment for the quarter ended December 31st, 2005 of $.01 per share.....We are delighted to share the success of our company with our shareholders"
From 10K..."Cal Bay generated $5,785 in revenues for the year ended December 31, 2005"
From 10K..."The company believes that in order to maintain its current real estate holdings and to close escrow on the properties currently in escrow, the Company must raise additional capital. The Company has no current plan in place to raise additional capital. The Company may sell additional stock..."
So, to summarize, the company needs money, didn't make any last year, but is giving it away for the great 4th quarter it had last year (in which revenues were less than $6k).
thought some would like to know....gl
Posted by adlai on :
Ja Rule...
1. Those 'revenues' are only from the lease they have on one of their buildings... that does not include their real estate positions... I'm glad they had any revenues for their FIRST YEAR... most companies in their business are upside down for years, and have absolutley NO revenues.
2. The end of DEC. 2005 was scary... to raise additional capital they have done two things this year: 1) Aquire COBS homes llc which reported 5 mill in revenue 2) at the start of may are opening a real estate office... coming from a family that owns three, we have been very successful to say the least...
3. I'm not sure why the cash div didn't jive with you... cash always jive...
The recent prs are their plan to increase rev... don't run away pissing your pants ladies...
Adlai_
Posted by Ja Rule on :
FIRST YEAR?
Again from 10K
Cal Bay generated $5,785 in revenues for the year ended December 31, 2005 compared to $185,794 in revenues for the year ended December 31, 2004
Posted by adlai on :
Ja Rule... do some research, read the 10k that was released 3/30/2005... what did they do at that time?... doesn't look like real estate to me...
do some real research and then come back and tell me what you think...
Adlai_
Posted by adlai on :
When I said FIRST YEAR... I meant first year as a real estate aquisition company...
Do your DD, come back and tell me what you think...
Adlai_
Posted by adlai on :
A quote directly from the 10K...
"In January of 2005 we underwent a reorganization with the focus towards real estate acquisitions, management and development."
It's always important to read the whole thing...
Sorry... I'm just a little razzled that you can come in here and bash something you obviously know nothing about...
Less than an hour till trading... good luck...
Adlai_
Posted by iamsparticus on :
Alright fellas. Ad, lets not get ridiculous here. He stated clear comments and concerns in a certainly non-bashing way. We do not need to belittle people by saying they know nothing about something because they question something. Hey was just raising concern and you could have answered politely and "educated" him without the rude comments. So shake hands, kiss and make up.
Posted by DmnCndn17 on :
iamsparticas, poop on you.
Posted by iamsparticus on :
Stupid canoodian. I hate frickin canoodians always looking down on people. Posted by DmnCndn17 on :
Its not my fault im taller than you.
Posted by iamsparticus on :
Yea, your mom. I have 5 stars so who is better.
Posted by redmax on :
Back on topic please. Up 9% on the day Posted by BeginnersLuck on :
Yeah but volume is only at 6,000
Posted by DmnCndn17 on :
9%...can we see 50-80 please?
Posted by DmnCndn17 on :
9%...can we see 50-80 please?
Posted by DmnCndn17 on :
There is no volume. PR please?
Posted by DmnCndn17 on :
Someone just bought 500 shares....thats 115 dollars...who buys only 115 dollars of a .23 cent share. The chart is perfect, i dont understand this.
Posted by iamsparticus on :
The News is out!!! 500 shares just traded!!! That makes a total of 7000 shares today. Buy now! Buy NOW!!!
Posted by Bland on :
What's with this volume? A ton of shares were traded yesterday and now we're at a stand still?
Posted by adlai on :
no one wants to play today... which means no one wants to sell either... we have had days like this before... not to worry... wait till they release they had 5 mill in rev with a few million shares outstanding... do the math... its money
Posted by BeginnersLuck on :
When will that be comming out?
Posted by iamsparticus on :
Lets not start the speculation PR crap on this board too please.
Posted by adlai on :
I'm not speculating any pr... the company they just aquired cobs home llc... had 5 mill in revenue last year and from what I'm hearing, is planning on having more this year... I'm not saying the pr will come this week, but the revenue is there... I'm holding till the next quarterly report... this one is going to kick ass guys... lets look at the math...
1. Millions of dollars in real estate aquisition...
2. 5 million in revenue from newly aquired company...
3. REAL ESTATE...
I bought a real estate stock a few years back... symbol is BLMC... last year they issued a $8 a share annual divi... at the price I bought it at that was nearly %30... real estate companies have little overhead, sometimes if any... the long and strongs get rewarded greatly in the end... and the day traders are left pissing their pants...
Real estate is not oil, and it isn't gold... it's real estate and its value has always been steady over time...
This stock has little o/s for its price... they are staring to build and sell 400 homes... who takes the profit... in real estate stock it's always the shareholders... I know it isn't glamorous but it's money...
Adlai_
Posted by adlai on :
Weird volume... normal though after a day like yesterday with over 1 million shares traded...
Adlai_
Posted by BeginnersLuck on :
not money today
Posted by adlai on :
I know... I did pick some shares up though after some funds had cleared... that puts me at over 20K... nice mm manipulation lately... I'm expecting 500% now... still money...
Adlai_
Posted by 7 of 9 on :
what a wonderful stock
Posted by redmax on :
Amazing it closed at 19 cents. I am definetely going in for some more in the mornign at these prices.
Posted by realperson on :
O k Ok Im interested I shall start my do do before the am Chart looks good at a glance
Posted by BeginnersLuck on :
I'm happy with any green...i'm in at .26
Posted by Bland on :
quote:Originally posted by BeginnersLuck: I'm happy with any green...i'm in at .26
Now would be a good time to average down...
Posted by DmnCndn17 on :
woooo, im tapped out on all sides with 5 different shares....wish i could buy more than my 3k cbay tho!
Posted by adlai on :
my first buyin was .29... been buying ever since... I think I'm at a .23 or .22 avg... hell of a position at this point...
Who took my 7of9 thread off... lmao...
Adlai_
Posted by redmax on :
I'm surprised this one is not being talked about as much as it should be. I guess its better for us accumilators Posted by gatorboy2424 on :
guys gotta convince me more not to sell... i got in at .23 and i am getting sketched out abt this one.... why the drop today with such low volume?
Posted by adlai on :
why would you sell for a loss... Never sell for a loss... what goes down, always comes up...
Hang on to your pants and wait for more revenue news... it'll come... mms are picking up shares like crazy, don't freak... give her another week... if you aren't seeing green dump...
Adlai_
Posted by DmnCndn17 on :
Im in the same position as you gatorboy....but look at the charts...you dont get much better than that. But the thing that scares me is the average volume for the last year....Nothing. Most of the volume of this year was a giant sell off. People have been accumulating this for a while. We need to have some good PR for this to get some volume.
Posted by redmax on :
Looking much better this morning. Hold this one a week or two and it will have a break out IMO.
Posted by indytrader on :
What does Matto have to say at this point? Inquiring minds want to know :-)
Indytrader
Posted by edgewise on :
quote:Originally posted by adlai: why would you sell for a loss... Never sell for a loss... what goes down, always comes up...
Adlai_
I sold for a loss. And then put that money into something that's actively going up. And made back the loss. I think that's why a person would sell for a loss. JMO.
I may get back in if this dips again, though. It can make nice runs.
Posted by DmnCndn17 on :
Dips to what edgewise...look at the charts man, this this is at one of the lowest points its ever been. If this thing runs back to its previous low, .40 cents we'll all double our money....If it hits its high, around a dollar....well Im going to buy myself a new car.
Posted by edgewise on :
quote:Originally posted by DmnCndn17: Dips to what edgewise...look at the charts man, this this is at one of the lowest points its ever been. If this thing runs back to its previous low, .40 cents we'll all double our money....If it hits its high, around a dollar....well Im going to buy myself a new car.
that's what i told myself around .25. but then i started to think that there must be a certain reason the price fell so sharply. i was in long enough to qualify for the divy, so that's cool. but i don't know. this is just my opinion, for whatever it's worth. the thing could take off tomorrow for all i know. it wouldn't be the first time i sell for a loss and then the stock skyrockets. lol.
i'd rather just wait till it looks like it's starting to turn around before jumping back in.
Posted by Schwabie on :
yea, i got out with my money.. shoulda taken the $200 profit when i had the chance... its okay tho... i think i qualify for the divy
Posted by BeginnersLuck on :
It just doesn't have any volume
Posted by DmnCndn17 on :
Yeah, i think ill be holding this for a while....I entered in too large of a position to back off.
Posted by gatorboy2424 on :
the chart looks promising, it just needs to become recognized. the oil sector is sucking up everyone's investments,now its our turn!
Posted by DmnCndn17 on :
Let the oil run! All my other investments are in oil. But this definately needs to move. The movement in this chart is a perfect example of a bull pullback.
Posted by redmax on :
Back to 22 cents Up 15% on the day. Volume looking healthier then yesterday as well.
Posted by Bland on :
The low volume was really bothering me, but it looks to be on the up and up.
Posted by BeginnersLuck on :
a 21% yeild on the dividend isn't too shabby either
Posted by DmnCndn17 on :
when did you have to get in in order to receive the dividend?
Posted by Mambo7 on :
payable to shareholders of record as of April 25th, 2006. The dividend will be paid on or before May 25th, 2006.
Posted by SuperSniper00 on :
last day to qualify for the div was to own the stock at the end of day the 21st of april. you must own the stock at close the previous day of the exdate....record date means nothing to shareholders
Posted by DmnCndn17 on :
thanks Sniper.
Posted by gatorboy2424 on :
how do dividends get paid out, will i receive a checkt to my house or does my broker get it nad just put it in my account?
Posted by adlai on :
I've always just recieved checks in the mail... anyone else...
And don't be too concerned with volume... that won't be the deciding factor in the end... it's all abot div's and revenue in real estate stock... I've seen real estate stocks run up with no volume and great news...
Adlai_
Posted by DmnCndn17 on :
too bad i missed that div. Got in the 25th.
Posted by adlai on :
Lets go tomorrow... moooooove... pr would be fantastic...
This week has been soooo slow all around for me... in between comods and stocks... jesus...
Adlai_
Posted by SuperSniper00 on :
interest rates are too high for real estate
Posted by adlai on :
working in a bank and my family running real estate offices... so far the rates haven't had any effect on real estate...
Posted by invester on :
quote:Originally posted by gatorboy2424: how do dividends get paid out, will i receive a checkt to my house or does my broker get it nad just put it in my account?
It goes your trading account.
Posted by Mambo7 on :
Cal-Bay International, Inc. Cal-Bay Announces Quarterly Cash Dividend Payment to Shareholders of Record The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY) today announced a quarterly cash dividend payment for the quarter ended December 31st, 2005 of $.01 per share, payable to shareholders of record as of April 25th, 2006 . The dividend will be paid on or before May 25th, 2006.
Posted by DmnCndn17 on :
Damn, took me forever to find this post.
Posted by iamsparticus on :
Its cause you are Canadian
Posted by DmnCndn17 on :
lol, I can be canadian, at least im not gay!
Posted by iamsparticus on :
ewwww....good one. You told them.
Posted by DmnCndn17 on :
LoL how about i walk over to your cubical and body slam you.
Posted by iamsparticus on :
How? You are in GA and I am in San Antonio. Thats what my screen says atleast. BTW...what the hell is this stock doing anyway? I thought yall said this is the next get rich quick stock out. God, what was I thinking listening to this board. j/j
Posted by adlai on :
lol... this will be that stock that shoots 150% in one day and all you could do was wonder how much money you could have made in one day if you bought before the jump... just wait... I've already got a 200 check from the divi... you can't beat easy money...
Adlai_
Posted by DmnCndn17 on :
Trust me adlai, im not selling out on this one untill we are at least up to 150%
Posted by indef on :
quote:Originally posted by adlai: I've already got a 200 check from the divi... you can't beat easy money...
Adlai_
??? distributed already? when you get it? I need my 300+ as well Posted by adlai on :
not distributed yet... I meant to say it was on the way... sorry about that...
Adlai_
Posted by SuperSniper00 on :
quote:Originally posted by adlai: working in a bank and my family running real estate offices... so far the rates haven't had any effect on real estate...
What do you think sparked the housing boom? Low interest rates
What do you think squashed the housing boom? The fed raising interest rates
Posted by adlai on :
ss... the first increase in rates this year and we saw a 25% increase in the new housing market in January... I'm telling you... the real estate market is NOT in a slump... and that's looking at it from three completely different directions... lending, real estate broker, and trader...
Adlai_
Posted by indef on :
Just curios - how long CBAY is on short list? Will this help to raise the share price in this week? Opinions?
Posted by BeginnersLuck on :
Down again....Taking a huge hit on this one past week
Posted by gatorboy2424 on :
up today... everyone watch out for this one in the upcoming week!
Posted by DmnCndn17 on :
Gatorboy, any particular reason why? We are doji'ing up right now. Tomorrow i can see this running back up a little. But we need some good news. I looked back on the chart and compaired it to news received recently. The news was all great and there should be no reason this stock is not going through the roof. I think there was just a big selloff scare and so far we are lacking the volume to bounce back. Other than that this is a great company whose average stock price is around .50 cents a share. This is definately a money doubler. Just wait for the next PR.
Posted by DmnCndn17 on :
Yahoo! My Yahoo! Mail Make Yahoo! your home page Sign In New User?Sign Up Finance Home - Help
Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes Monday April 10, 8:00 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--April 10, 2006--The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio. ADVERTISEMENT
Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.
The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.
The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.
The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.
The company is currently in negotiations for several additional properties in the Pacific Coast region.
Forward-Looking Safe Harbor Statement
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Contact: Cal-Bay International,Inc. Lisa Padilla, 760-930-0100 Fax: 760-930-0200 IR*calbayinternational.com www.calbayinternational.com Posted by DmnCndn17 on :
Cal-Bay International, Inc. to Acquire California-Based COBS Homes LLC Friday April 21, 10:16 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--April 21, 2006--The Board of Directors of Carlsbad, CA-based Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced the Company signed a Letter of Intent for the purchase of California-based COBS Homes, a premier online homebuilder support services company. ADVERTISEMENT
Cal-Bay International's President Roger Pawson announced the news after the Board of Directors confirmed the company had entered into an LOI for the purchase of COBS as a wholly owned subsidiary of Cal-Bay.
COBS (Complete Owner-Builder Services) was founded to help people through the process of building their own homes. The company has developed an A B C program to help with finance, real estate, and construction decisions. COBS provides services to help you with construction loans, home plans, building lots, building materials, construction budgeting, and the entire process of building a home. COBS was founded by President Rob Mackle in 2000 and has had consistent growth and success in the online Owner-Builder Services arena. COBS' annual revenues are currently in excess of $5M per year and through the Cal-Bay alliance COBS has plans for major growth and expansion. COBS has business partnerships with several major nationwide hardware chains; COBS' revenues for 2004/2005 are reported to be in the region of $5M per year. COBS has assisted with the building of over 6,000 homes since inception. www.cobshomes.com
Cal-Bay's President further added upon successful completion of the acquisition COBS would relocate to Cal-Bay Corporate Offices in Carlsbad, California, bringing the total number of employees at the corporate location to 40 people.
Pawson further commented, "We are delighted to have the opportunity to expand the horizons for both companies by way of the acquisition, many joint venture projects are available within the internal operations of the companies, and Cal-Bay will make available the resources to the COBS subsidiary to expand their operations and marketing needs to further grow the company, resulting in maximized market awareness, expanded corporate sponsorship, increased revenues and profitability. The combined revenues for Cal-Bay and COBS, based upon Cal-Bay's current Property Portfolio and COBS' current revenues, will equate to almost $10M per year."
The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006.
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Contact: Cal-Bay International, Inc. Public Relations Department: Steven Knoller, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com www.calbayinternational.com Posted by gatorboy2424 on :
im going by past news, revenues and upcoming projects... theres no way it can go any lower with the float it has going. All it takes is a couple days and some volume till this one explodes and more and more people will realize the future of cbay
Posted by DmnCndn17 on :
When they start to sell off some of these properties they are building right now there will be a serious rise in the stock. That may be a while though.
Posted by adlai on :
This won't take long... we've been holding for what, two weeks now, a month might be considered a long time, two weeks, not so much...
We saw green today which is always better than red... I sent the company an email today, I'll let you know when I hear back...
In a few months when the next quarter financials come out... dollar at LEAST!... keep it on the watchlist while I'm keeping it on the hold list...
Adlai_
Posted by BeginnersLuck on :
I'm currently holding close to 33k shares...def on a hold at the current moment. Anyone know when the next dividend gonna be ?
Posted by adlai on :
next quarter...
Posted by P Rowds on :
yes i'm new and i'm NOT bashing... i have no reference to back this up but curious what you all think, i was under the impression that the housing market was supposed to take a hit sometime soon. any thoughts? and adlai, i know your watching close, i'm not trying to deter ppl from this stock just something i heard. the news and bottom bounce on this looks great
Posted by indef on :
for all "bagholders" (no offence, I'm in as well )
from the latest PR: ********************************* The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006. **********************************
!!!NO LATER THAN MAY 15, 2006!!! CBAY stock should move north with additional 5mil/year revenue from COBS...
Posted by adlai on :
I have no intent on selling and I haven't posted much in the past week due to the fact that my grandfather has been in the hospital...
P Rowds... the next fed meeting is May 10th if I remember right, from everyhting I have read it doesn't look like rates are going to continue to climb...
Working in a bank, today alone I took 3 NEW customers looking to buy homes and every week it seems I have more and more customers...
My families business is booming and we are looking to open another office...
But aside from personal experiences... the housing market has been "expected" to take a hit since the feds first lowered rates... I hate to say it but this isn't so much a stock play as it is a real estate play...
It's like commodities... you buy kc wheat when you know there is a chance it is going to be raining in eastern kansas... you buy chicago wheat in anticipation it will be raining up north... not to mention the demand of the different types...
You buy this stock in anticipation that real esate will always be huge and the recent cobs home aquisiion will help to build cash flow in the company...
And P... I have heard a lot more hurtful bashing than that... you're okay to question...
glty
Adlai_
Posted by Mu Meson on :
Has anybody called to get the current OS?
Just curious.
Posted by Mr. Berbician Seventy Seven on :
Where does this sales pressure comes from ? Made some close watch to last sessions, looks that some big buyers are ready but... still watching or so... Are MMs alone on this fall ? I have doubts, since they have their hands full for long - looks that nobody wants to accumulate at a same level... mmm Company Assets are so big compared to the current SP... could not last much longer... any day now, any day could pop...
Posted by adlai on :
45 minutes... is today the day...
Adlai_
Posted by adlai on :
hehe... this stock is amazing:)... smart mm's playing this one... I have picked up over 20K shares yesterday and today... holding about 45k now... just waiting...
Adlai_
Posted by gatorboy2424 on :
may i ask why are u so sure about this, 45k is like 1/10 of what its usual volume is...plus where the hell is the volume in this one at this low of a price
Posted by Mu Meson on :
I called the transfer agent for CBAY Pacific Stock.
They said that the OS has not changed at 16M shares.
![[Smile]](smile.gif)
![[Embarrassed]](redface.gif)
...you dogs ![[Razz]](tongue.gif)
![[Big Grin]](biggrin.gif)
![[Wink]](wink.gif)
![[Roll Eyes]](rolleyes.gif)
)