Cal-Bay International Inc (CBYI)

[mastaflash]

The vast majority of FTDs are not reported, and in particular, FTDs generated by ex-clearing transactions (broker to broker). Actual FTDs generated could easily be MUCH higher. Naked shorters LOVE companies like CBAY, really they love them to death. But they really need this die now, because their Achilles heal is this: while they could not have borrowed shares to short, they can still provide collateral $ against short. Problem is, if the pps rises, the collateral requirements also rise. So either they cover ( which believe you me was never in their plans ), or they keep coming up with more $ to guarantee their position. I suspect the new CEO wants to make it easy for them to choose the former.

All IMO!