posted
The market is being more forgiving than I expected this morning for missing the 10Q date. I expected a strong selloff in the morning with a bounce in the afternoon.
The selloff is there, but it isn't nearly as strong as I'd expected. Seems many traders still think a pop is coming soon. I think there is a good chance myself. Not as big as if they had lived up to expectations and got the filing out yesterday but still should be a gain to be had.
BF
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
I just don't understand why these little bull$hit companies cannot file things on time . I'm seeing a trend here and most of these companies are full of $hit on other things as well .
-------------------- ----- Game Over -----
IP: Logged |
posted
Yesterday was not a deadline, persay, more like the first day back in the office after the holiday. This 10Q could be filed any day at any time this week (including tomorrow).
Bottom line, if CBAY wants to continue as a publicly traded company this report HAS to be filed soon. Hang tight, I think good things are to come. I plan on holding my shares until the next financial statement is released so long as the numbers in this 10Q are good.
IP: Logged |
posted
I'm going to have to turn my live stock feeds off, this is making me sick to my stomach. About the only positive thing I see out of this is all the buying going on by the bottom feeders. Alot of volume in the last hour.
Since their offices are closed until January 2nd, there is nothing more left to say or do until that 10Q comes out. Holding at .05 avg. See you on Tuesday.
IP: Logged |
Don't believe everything you read. Not saying the offices are open just saying don't take others words for it. And it don't mean that files can't be done remotely either...
You said it yourself, a lot of bottom feeders right now.
Wonder where they come from??\
Sounds like you are a longtermer here. Just take deep breaths and try to get first hand info.
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
Their offices are confirmed closed as I called and listened to the recorded message. That's ok though, it is a holiday week and time off is expected.
Tim (IR) has confirmed that the 10Q can and will be filed via a phone call to the accountant. Evidently their VP is stuck in bad weather (probably either due to high wind in SoCal or snow in Colorado). The VP probably has to sign off on the 10Q before it is officially released and so this filing cannot be completed until he comes home. I expect to see it on Tuesday.
IP: Logged |
For the moment, the panic is over. Shares at .04 are drying up, our chart still looks ok for a pop, and at this discounted price there will be more incentive for new buyers. We may not break even today but this will move up after lunch.
BF
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
quote:Originally posted by The Bigfoot: Thanks for the info cool orange but investors will not be happy about numbers until the quarterly comes out.
We know where the bottom is and our indicators survived it. Now it's time to slowly build and explore the top with a pop.
BF
No problem Bigfoot. For whatever reason those past numbers were released today on Yahoo. And it shows a good trend. I suppose that is why with all of the mistakes this stock has held up so well in the .04 area. A lot of anticipation for the 10Q.
IP: Logged |
posted
You are right, the numbers are impressive. A 6 Mil positive income would do wonders for this stock if the numbers are upheld in the 10Q. We are primed for a pop and such a statement would definately bring in new powder. Looking forward to January.
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
