posted
I think this is a great buying opportunity. They retired over 12 million shares recently. Low O/S, and good news recently. This has been over $1 per share in the last 6 months or so.
Posts: 1053 | Registered: Mar 2006
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posted
My projection is 5 cents +/- for the next few weeks. Unless you think they've got news up their sleves. Like the $100M louisiana property dev they will announce later this month. I may hold, bought in at 8 cents.
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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quote:Originally posted by Baxt06: .057 x .057. Good sign
ahhh make that FIVE and 1/2 cents. I recall someone posting a few weeks ago on one of Cbay's many threads. Cbay...SOS This guy knew something at that time when it was selling at .085 And so he was right. What does Cbay have to do in 2007 in order to get the price of its stock on a consistent growth pattern. ?
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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posted
Got as low as .047 - in at .051, looking pretty oversold now. Not a big fan of all those preferred shares hanging out there- and worry about them diluting out the back door, but was too irreistable to not take a stab at her...
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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posted
moving nicely today coming out of oversold don't have much settled funds debating whether to put in it this one or mobl
Posts: 550 | From: MI | Registered: Nov 2005
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posted
Cal-Bay International Completes Acquisition of Imperial Beach, CA Motel and HBO TV Series Location Contract Business Wire - November 13, 2006 08:30
CARLSBAD, Calif., Nov 13, 2006 (BUSINESS WIRE) -- Cal-Bay International, Inc. (OTCBB:CBAY): Cal-Bay's Board of Directors announced the company completed the acquisition of the El Camino Motel, In Imperial Beach, Calif., on Friday November 10, 2006. The acquisition was consummated along with the recent signing by one of HBO's production companies for an eight month lease of the Motel location, commencing November 20, 2006, for the filming of a new HBO Drama series, "John from Cincinnati."
Cal-Bay's Board of Directors commented, "The $5M Motel property acquisition was significantly enhanced by the execution of the HBO contract, which will generate several hundred thousand dollars in additional revenue over the next eight months."
The cast of the HBO Drama series includes Rebecca De Mornay and Luke Perry. A detailed coverage of the story is available on the San Diego Union Tribune Website, South County Edition, dated September 13, 2006. This story was published after the successful Pilot version of the series was filmed at the Imperial Beach Motel Location.
Cal-Bay Executives announced the Motel Site is located in a prime Southern California redevelopment area and the company plans to significantly enhance the value of the location in the late summer of 2007 by way of redevelopment by COBS Homes LTD, a wholly owned subsidiary of Cal-Bay International, Inc.
Cal-Bay acquired the property in all cash terms acquisition from Madrid Ranch Estates, LLC.
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.
posted
Was up over 30% today, now -2%. Volume is coming in, anyone else think this is a good time to jump in for EOD run??
Posts: 68 | From: San Diego | Registered: Nov 2006
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posted
Here goes nothing, I'm in at .052. Volume seems to be coming in strong and is b/a is moving up.
Posts: 68 | From: San Diego | Registered: Nov 2006
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posted
I think you're pretty safe at that entry point moneymaker. May not be a big flip for the day, but I think you could see real good profit in the next month or so. IMO
Posts: 1053 | Registered: Mar 2006
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posted
I just picked up another 3K shares for .055 . I'm sitting on a total of 8K shares . Its not alot but should give me some good gains if it does decide to run .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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posted
Its not looking too bad right now but it seems to be having problems getting past .055. We'll see what happens in the last couple of hours. I hope to see it hit .06 by EOD.
Posts: 68 | From: San Diego | Registered: Nov 2006
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posted
CARLSBAD, Calif.--(BUSINESS WIRE)--Cal-Bay International, Inc. (OTCBB: CBAY - News) Cal-Bay President & CEO Clarification Statement of Issued & Outstanding Shares of Cal-Bay International, Inc. Cal-Bay Issued & Outstanding Common & Preferred B Shares as of November 16th, 2006:
Common Shares: 78,230,998 With approximately 3,500,000 awaiting cancellation.
Class B Shares: 103,830,716 With approximately 6,000,000 shares awaiting cancellation
President's Comment: "There seems to be a rumor that the issued and outstanding shares are significantly higher than the accurate numbers reflected herein; therefore, this statement clarifies the actual outstanding shares reported by the Company's Transfer Agent as of today. Cal-Bay's market capitalization of the combined common shares and Preferred B shares based on the current stock price of $0.052 per share is approximately $9.5M. The Company's quarterly report to be published next week will reflect the Corporations assets are now in excess of $100M, and the equity position now held against the assets is in excess of $41M. This number is most cases would be the basis of the formula to determine the book value of the stock, and typically most company's stock trades at a multiple of book value. I hope this statement will assist clearly the long-term investors of Cal-Bay International."
Posts: 1053 | Registered: Mar 2006
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