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there was no action needed if your shares were held in street name the brokers executed the share exchange whenever it was relayed to them by the TA
Then there was a share exchange done by the company to combat this. I dont think they would've gone through the trouble if it was only a few short shares
October 20, 2006 - 12:32 PM EST
Cal-Bay International Short Selling Position Update
Cal-Bay International, Inc. (OTCBB:CBAY) announced an update statement on the short selling position of the company's stock.
Company management today commented after a diligent review of the NOBO list (notice of beneficial ownership) dated October 13, 2006: "We feel there is a significant short position in the common tradable shares, which may be influenced by a position held overseas. The regulations for shorting against stock outside of the USA are generally more relaxed and the requirements to cover against a short position are often less stringent." Management further commented, "We are also investigating the probability of short-selling against the Preferred 'B' shares."
Cal-Bay management intends to issue a statement early next week on the company's plan of action regarding the short selling.
Are you including the shares from the overseas exchange?
i say we start mas emailing and calling the office to step the pressure up... alittle activism never hurt
Hopefully TG will throw us a bone
we need some news to stimulate it
is there a link to the last report on how many shares they are short?
SBSH losing his cool :)
I love it, nice steady move upwards :)
Lets Rock, CBAY going green
OT:dont forget "Swept away" he's a very good artist.
Is he the guy that sung the "Arthur" movie them song "caught between the moon and new york City?
make final system checks.. all L2's are functional and ready :)
no idea
always a peasure to see you post here on CBAY
Get ready for battle :)
you should call or send an email to the IR guy to suggest that. It's a great idea if they can execute it that way
Hopefully it will cover everything you mentioned , it will help the PPS no doubt about that
We should be hearing about the the 20.6 Acre Land Acquisition in Bonita, Southern California. It was Pr'd Nov 29th .
we can expect a PR within the next 3 weeks
today was another dog fight
Nice job.. now it's up to management to deliver us the great news.
yeah they tried to kill it today.. CBAYER's held the line strong today
L2's crashed ,we were running blind and there was no PR's from CBAY
MM's tried to kill CBAY today.. lets hope management comes through soon
Not bad considering the circumstances
where did it close?
dman, WTF is up with L2
whats L2 now? ARCA got knocked off
ok no prob save your posts
sorry i need up to the second updates :)
L2? and volume?
whats L2 where's ARCA located?
nice, whats the volume?
I smell conspiracy.. L2 works for all the stocks i type in, but for CBAY it doesnt
great thanks :)
ok ARCA's up
Let me know if ARCA gets knocked off or if ARCA needs to move up
ameritrade and many others are stuck