Cal-Bay International Inc (CBYI)

[stervc]

USF11, kind of, but...

We just never know. If I was a guilty entity that had been naked shorting CBAY, I would want to cover before 15 Oct 07 to keep from becoming transparent for public confirmation. Heck, that "could" cause the stars to start to align a certain way I wouldn't want (LOL), especially if further news is released to bring unexpected buying pressure from the public/open market in huge amounts. So this just might be a naked short play to some.

I saw where you mentioned that CBAY is not a fundamental play. That's still yet to have been confirmed one way or another due to the amount of Assets that are unknown.

Still, what is known is that CBAY does have "some" Assets to the tune of millions of dollars which makes it a fundamental play for some as such is the reason why they are here and invested back when it was on the OTCBB.

"Assets" is a key variable that has always been used to asses some fundamental valuations since the market existed so it is a fundamental play to some. Observe the fundamental formula below:

Assets - Liabilies = Equity
Equity ÷ Outstanding Shares (OS) = Book Value (BV)

Some are here only for a quick trade from any kind of movement from hype and could care less about anything confirmed for being legit or not. We all are here for a variety of reasons. Kind of like what you might call as wind, another might call as air.

Depending on the news or filings, it will probably further confirm exactly what type of play it is to include a naked short or a fundamental play. IMHO

v/r
Sterling