Cal-Bay International Inc (CBYI)

[PennyMaven]

This stock CAN run, look at this data from Synergistic.

I mentioned this earlier today but I wanted to further analyze what happened in May '06 as CBAY rose from .12 to .96 in 15 trading days. As we all know, history tends to repeat itself in one way or another, especially in the stock market.

Here's how it happened:

May 10th - PPS .12
May 11th - PPS .18
May 12th - PPS .24 - in anticipation of 10Q-1
May 15th - PPS .27 - 10Q-1 filed
May 16th - PPS .28
May 17th - PPS .31 - PR on addition of $400,000 residential rentals in Aberdeen, Mississippi
May 18th - PPS .34
May 19th - PPS .38
May 22nd - PPS .37
May 23rd - PPS .49 - PR on addition of $1.2M Sports Facility in Dallas, Texas
May 24th - PPS .65
May 25th - PPS .48 - huge pps drop, probably mm's walking this one down before a final boom.
May 26th - PPS .70
May 30th - PPS .62
May 31st - PPS .96

As you can see, the road to .96 was rocky (especially towards the end) but with some good news peppered in after the 10Q, eventually CBAY got there

Great post Syner!