posted
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...
posted
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...
posted
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!
-------------------- Hindsight is 20:1. It's like printing money.
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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
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...
posted
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...
posted
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...
posted
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.
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
-------------------- Do not invest on any of my suggestions
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posted
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
-------------------- Do not invest on any of my suggestions
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posted
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...
posted
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...
posted
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...
posted
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
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...
posted
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...
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... glty, let me know if you turn to the cbay side...
