Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Or there is a large open order in front of you @ .0002. Until its filled nobody gets nothing.
Ever tick is a trade a buy and sell.
Yes the bid is absorbing the the volume.
LVL 2 9x5 all day.
The thing about bashers is even though many of them are idiots, since these stocks have such high failure rates, they eventually end up being right.
I know these types, they are not the types to leave 200x profits on the table for 2000x profits.
Investment professionals have "no balls" whatsoever.
I am a big CBAY gambler here but .20 is crazy man.
Maybe 1-3 cents for a few days with crazy momo and back down.
All these companies have financing issues that eventually kill the pps growth during runs. .20 would be near impossible. The OS would have to be under 50 million shares for something like .20
I agree, people for some reason with a great run right in front of their face are getting impatient.
Theres a classic qoute, "Money flows from the impatient to the patient.
You cant sell form 4 shares for 6 months, he could dilute new shares onto the market b ut by doin so he would devalue the 330k he just used.
Of course, people need to realize every company down here is a large pile of crap with financing issues. However from time to time these piles actually run and make people money.
The CBAY hate is laughable, the company/ceo bought back at least 1/3 of the entire tradeable OS, WITHOUT A PR!
It doesnt take a rocket scientist to realize
1) Why buy back anything that isnt going to make a profit.
2) Why not PR the buyback? Many pink companies PR news not even close to the impact of this buyback.
Something BIG is happening here, I saw QBID run from .0001 to .029. I ended up not buying QBID until .004 because people here at IHUB said the same things they are saying now with CBAY. It's a scam, the price targets are too high.
Understand this, none of this crap matters, because the idea of placing an investment valuation on a pennystock is crazy to begin with.
USXP is a huge scam stock that went from .0003 to the .04's with billions of shares outstanding.
I wish CBAY was a scam like that.
Its a funnything when you hold more shares then the daily volume.
If that was the case, he could of done a R/S, and diluted all the way down without risking a dollar.
Just a hunch something is coming, there was no reason for the CEO to buy the .0003's if nothing was on the horizon short term.
Plus this dry up in volume without a significant drop foreshadows news of some kind.
Money should flow into CBAY this afternoon and tommarrow. I expect some type of release b4 the week end.
I think its safe to say we will trade sideways till the next major news release. MM's wont take it too high or too low based on the current info thats outhere, the problem is new info could strike at any moment and no one will want to miss this run.
Have we seen an official resume yet on the new ceo?
If you see Etrade stoping internet buys then the squeeze will be on. MOASS!
We are gonna trade sideways till the next major news event.
LVL 2 has done a dramatic shift in CBAY's favor, yesterday there were 13 MM's on the ask today its down to 9.
DOMS who is one of the MM's supplying the downward pressure is now @ .0005 and on the bid.
"but like i said, cbay is displaying signs of being technically detached from the fundamentals - that's all that should matter to the short term traders"
Theres no such thing as fundamentals on the pinks.
Given a short squeeze MM's have to pay whatever the market dictates.
Anything is possible in pinkyland.
Thats one possibility
#2 there is a massive short squeeze about to take place
#3 possibility of a merger with Lenox(the new ceo's other company)
#4 we are all about to be scammed hardcore.LOL!
Short covering imo. MM's will use this time before the next major news event to play between .002-.004. Over .0004 you got a massive chart break and not alot of peeps holding their .0001's to knock it down.
When we see .0005's again buckle your seat belts.
LOL you gloom and doom people will never learn.
Just remember Pigs can fly in pinkyland.
We are in a holding pattern from the company, remember BHUB really didnt go ballistic until they updated the pinksheets.com OS #.
I posted a 6 month weekly either gives you a better picture of the reversal.
GN, we know you got crushed here, we get it. Are you more scared of this running to .0025, .005, .01 or us possibly losing some cash here?
Let us deal with the worry.
Until we get an idea of the OS/AS its hard to make any longer term predictions.
I think the preferred were cancelled in January via 8k, I am too lazy too look it up today.
51% of the OS given there are no preferred voting shates.
So are you saying we still may have only 41 million shares OS? I cant see Rizvi buying control of the company to dilute his own position.
Heres the weekly, doesnt get much better for a reversal pattern. Notice the candle sticks and volume.
MNCS had two company officers trading stock back and forth for months.
Hey MOMO post a weekly chart for CBAY.
The Dragonfly pattern would have more significance if it was ending a downtrend.
Take the chart as a whole rather then as one candlestick.
If you really want something to get excited about look at the weekly chart.
Thx, I can tell you without question there is a huge conflict between the academic world and the real world when it comes to the market.
Yeah just wanted your opinion on it.
I am starting my masters in investment portfolio analysis right now and I had a teacher tell me that stocks can only be shorted at the ask. Makes Sense.
I still want to know the mystery of the "0" trades we see on lvl 2 from time to time.
Has anyone called this #
Contact Information:
CAL-BAY International, INC.
SYED HASAN RIZVI - (760) 930-0100