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Can BIDU sustain this move? IT's up $16... I've been watching it since $160
Someone just bought 25k shares? 25k shares = $7.50
WHoa risk taker.
What is the Volume record anyways???
I agree. THey got a Christmas gift here, being able to cover some. Still feel it will run, if it wouldn't we'd be at no bid again.
i.5B traded....that's crazy talk...People get too freaked by info. If the CEO is buying, then there's a reason.
I'm pissed... I go outside to take a cell call, then come back to see that it's 1 bid at 2. I used the rest of my free money to buy 4's, I would be on a purchase rampage if I had more. Hopefully there's time to put in more cash and get more shares...IMO we'll see at least .001 if not .01
This has blown me away, it's gone up over $100 in the last couple weeks hasn't it? I'm wondering if it can sustain.
Anyone have an update on the legal issues?
Just having some fun. I've gotten so killed with CBAY over the last 6 months, you gotta find humor somewhere. I had millions and sold down, If I see an .0004 print I'll blast into the ask, but I'm holding just my 50k now. This needs to solidify itself, but the MOMO will make it spike fast if we can break the 3's
How do you put ZEROs on the LEFT SIDE?
I only hold 50,000 shares, but at a .01 div, I'd be getting $500 which is more than I had paid into this past May. If the 1000:1 FS comes through I'd have 50M shares and a .01 Div would give me $500k. Now wouldn't that be a lottery...
CYPW needs to concentrate on either licensing out or making sales of their engine. These PRs about their successful tests do nothing. Successful sales and or showing some financials will do wonders for the stock
I have 50k left in Cbay. Not much any more, but enough to make it fun when it becomes 50M after the 1000:1 forward split.
I called Scottrade today to see if the 1000:1 forward was in their system for tomorrow. They called CBay and checked everything they had and came up with nothing. I'm not trying to trash this but you can't do a FS if DTC doesn't release it to the houses.
What's the real story here? I've been holding forever (seems that way) and I just want some resolution to all of this.
What I'd really like is a conf. call with this new owner so we can find out what's really going on.
Scottrade shows -1.00 bid at .0001 0 X 250000
WTF???
If Rizvi is trying to get all the shorts out, wouldn't this be the way to do it? Shorts profit when the price decreases and if a lot of them are short and now are 1000 times short, each up tick would create some pain. It can't go any further down and may be the play he's hoping for.
What does everyone think?
I have scottrade and it still shows me at .0001
Am I missing something?
Short Quote™
Stock Symbol:
CBAY $ 0.00
CalBay International Inc. 0.00
Shares Short 788,200
Days to Cover (Short Ratio) 0.0
Short % of Float 2.33 %
Shares Short - Prior 137,300
Short % Increase / Decrease 474.07 %
Squeeze Ranking™
% from 52-Wk HIGH ( 0.25 ) %
% from 52-Wk LOW ( 0.00 ) %
% from 200-Day MA ( 0.00 ) %
% from 50-Day MA ( 0.00 )
%
Price % Change (52-Wk) %
Trading Volume - Today 340,661,297
Trading Volume - Average 39,120,900
Trading Volume Vs. Avg. 870.79 %
Total Shares - Float 33,780,000
Total Shares - Outstanding 41,235,548
% Held by Insiders %
% Held by Institutions %
Market Cap 4,124
EPS 0.07
PE Ratio 0.10
Sector:
Industry:
SI Record Date 2007-Aug
Information Provided Without Warranty
Looks like all we can do is wait. Maybe RP knows that the shareholders hate him so much that he told this new guy to leak that he was terminated, knowing that nothing would make us more excited than to see him go. Buying 10% could have put him in a majority position. RP was selling everything he had and may have jeopardized his % of ownership. Maybe even to the point where 10% would give someone sizeable control.
Or maybe by this new guy buying up the 10% prior to the court date, he knew that he may be in a position of receivership and wanted to get a larger stake. Either way, this has become interesting again.
Hope to get some legit PR and something to get excited about.
I have my finger on the trigger to buy some more if I see that this can solidify itself.
I, on the contrary, don't like the stock at these levels. I do believe in the product, but you are correct in the questionable management of the company. If they were using shares to pay for PR, then it was a poor choice, being that most of us felt negativity to CTTJ. Without shareholder support, a company is nothing.
While you may want to get in on this when it reaches 10 cents, I find this more attractive when this hits $2.00 again. If they can solidify share price, that will prove to me that they have legitimate licensing and a marketable product. Obviously PRs mean nothing...but financial statements and POs are everything. Show us the money!!!
Why the big drop all of a sudden? Was it because of the antitrust news?
Is today's announcement going to be one of those that negatively affects price? Alot of times you see a price drop with apple after an announcement.
Any comments?
F-F-F-Frozen. Are the assets still frozen? Any updates?
So we're all dead in the water on this? Outside of RP getting the boot, are we stuck like this?
What is the deal with this stock? They have at least been smarter about not having so many PRs but why is it taking such a lashing?
Hey Pete...let me clarify. When I say you have no equity growth, this is what I mean. There's only 2 ways for your equity to grow in a home:
1. Paying down your mortgage
2. Your home appreciates.
If for some reason (follow me on this) I bought a house and it didn't appreciate at all over 30 years and I finally paid off my 30 year mortgage, in that 30 years, how much did I make on the house? Well on average if I paid $100K for a house, I would have paid $240K in payments over that 30 years. So if that house never appreciated, I didn't make anything.
My point is, that the amount one pays down on their equity has no bearing on appreciation, and appreciation is all that matters when it comes to a home. Home equity has a 0% growth rate. A homes appreciation is dependant on the area.
If people are concerned that their home value will go down, they bought in the wrong place.
Am I leveraging? Or am I just doing what the bank already does to me? Most people could pay their same payment and pay off a home in 12 to 18 years, with their same bank!! AND AT LESS RISK!! The finance game is changing and people need to realize it. Cramer wouldn't have to rant and rave all over YouTube because we need the Fed to cut rates. (wow, I sound like I'm preaching...lol...sorry folks)
Ended up ok with the 200's, if I wasn't greedy I would have done a lot better. But to respond to your statement, an 80/20 would take care of PMI but above and beyond that, why didn't these interest only clients take a 10 year locked interest only. My whole point was that the mortgage and investment industry game has changed.
Most people need the tax deduction from their mortgage interest. When you pay down the house, you continuously lose your int. ded. But beyond that, if you had 2 people, one who paid int only with nothing down and the other who consistently paid down interest, both homes appreciate at the same rate (all things being the same). All home equity grows at a ZERO % growth rate. Why would I put money into something I'm guaranteed not to make anything and in fact lose purchasing power, when I could even put that difference into a CD or even invest in the markets? My house appreciates regardless of the amount of my equity.
Goes back to my original statement, people went to mortgage brokers for financial planning advice. I wouldn't go to a car mechanic for advice about apple computers, I come to you guys.
I had bought them 2 months ago, when goog was on it's terror run up. Now, not so good
It's not the Zero Down mortgages that are at fault, it's the crooked mortgage brokers that only cared about commissions. What I don't understand is why someone would go to a mortgage guy for financial planning? Sorry I'm a little passionate about this topic, I see it day in and day out with my work. I hate seeing the everyday guy get burned cause they listen to the wrong people.
Put down 25% on a house? Wow, why would you do that? You get 0% growth rate on your equity. Sorry, I don't mean to criticize, I guess I just don't understand why anyone would pay down a house.
Crappy close, but up over $1 in after hours? What is going on here?
NO I don't think so, it's showing .0001 at .0002, maybe somehow a misprint.
All the MMs moved off the ask, anyone know why? Haven't seen .0002 ask in a looooong time.
What just happend at the close? It's showing --1.00bid at .0002 ask on Scottrade's streaming quotes.
Does anyone have a near term price target? Next 30 days?
I heard that they have a new price target of $37, does anyone have a near term target? Will we see $34 by October?
Then how come the millions and millions of trades? Doesn't make sense.
Is that how they are getting trades done? At .0000X ?
So at 1/100,000 of a cent? I didn't even know you could trade that low
I guess those Oct 35 calls weren't such a bad purchase. I did have some Aug 32.5's but dished out a bit early, should have held on to them a bit more.
IMO this has been great and I hope it keeps going
CSCO got a good boost from Cramer on MAD MONEY. Told his audience to buy CSCO even at $31. You'll probably see a lot of extra buying today.
Here is a great article
SAN FRANCISCO (Dow Jones) -- Pay attention to Ben Bernanke, but listen even more carefully to John Chambers.
That's the advice for a day when the Federal Reserve meets and Cisco Systems Inc. releases quarterly results.
Investors concerned with the broader market, especially those with big plays in financial services, are looking to Fed Chairman Bernanke for some relief from their mortgage meltdown pain.
They're unlikely to get it, according to one former Fed governor, but that won't stop a lot of eyes from being focused on the Fed policy statement.
But for those betting heavily on tech, what Cisco (CSCO) CEO Chambers says about the state of corporate IT spending after the close of U.S. markets will be more important for the direction of the Nasdaq.
Chambers has a long history of triggering Nasdaq swings, because his company's revenue growth rate is usually an accurate barometer of the pace of corporate spending on information technology products.
Exactly one year ago, Bernanke and Chambers both helped trigger the latest Nasdaq up leg, when the Fed ended its run of interest rate hikes and Cisco issued a bullish sales forecast for its fiscal year.
Now that year is ended, and Cisco shares have risen more than 65%, mostly because the company's top-line growth -- expected at 22% for the year -- topped even Chambers' aggressive forecast.
The Nasdaq has climbed 20% during those same 12 months, as corporations flush with cash have once again begun investing heavily in hardware and software
Definitely will get interesting.