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yup, squeaked through in the green, still decent volume. Still screaming for a breakout, people are just waiting to hear the news, then that's it, to the moon.
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I'm afraid with no news soon we could see big dip... but I guess that means more cheap shares... those who flipped am... awesome job... wish I would have done it myself... see you guys tomorrow...
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Cal-Bay to Acquire Mississippi Residential Property Portfolio SAN DIEGO--(Business Wire)--May 17, 2006-- Cal-Bay International, Inc. (OTCBB:CBAY) announces agreement for the purchase of a 14 Home Rental Portfolio in Aberdeen, Mississippi. Cal-Bay's Board of Directors today announced the company has entered in to a contract for the purchase of a Portfolio of 14 Single Family Residence Rental Properties in Aberdeen, Mississippi. The properties would add approximately $400,000 to the Company's rapidly growing portfolio and increase annual property revenues. This acquisition is expected to close during the second quarter of 2006. Cal-Bay's real estate currently under contract, in escrow and owned by Cal-Bay is approaching 500 properties, with a market value in excess of $48M, with annual rental revenues approaching $4M. Cal-Bay recently entered an LOI to acquire Cobs Homes, LLC (Complete Owner Builder Services). This acquisition, when completed, is expected to add an additional $6M in revenues annually to the company. The Cobs acquisition is scheduled to be completed in May 2006. Cal-Bay is expanding its Carlsbad, California Corporate Headquarters facility to over 5,000 square feet of administrative space to accommodate the Cobs acquisition, and the increased number of employees. The expanded facility, which will accommodate the 40 employees, is scheduled to be fully operational by July 1st, 2006.
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.
Tim Garlin Public Relations Tim Garlin, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com www.calbayinternational.com
quote: Cal-Bay recently entered an LOI to acquire Cobs Homes, LLC (Complete Owner Builder Services). This acquisition, when completed, is expected to add an additional $6M in revenues annually to the company. The Cobs acquisition is scheduled to be completed in May 2006.
Well, the Cobs acquistion is still mentioned. We are halfway through May, it's only a matter of time. Woo hoo!
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
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No, a round trip (4 day trades allowed in 5 days) is when u buy stock ABCD in the morning, sell it the same day, and buy it again the same day. All three things the same day.
If you got it before and sold and rebought it today it does not count a day trade.
Hope this helps
quote:Originally posted by Doniboy: I sold and rebought today. Does that consitute a round trip?