Replies to post #35710 on Cal-Bay International Inc (CBYI)

[agapespreader]

It's at .0001. It can't go any lower than that. It seems like a pump will come at some point soon, which should bring some price appreciation. The only thing is that, if you buy, you may be waiting a few months for news before selling at a profit. Then again, news could come out today. You just don't know. Either way, you shouldn't lose any money.

[The Real Titan]

IMO i'd wait for the company to tell us what the heck is going on...lol


I'd not sink another penny into it, until it looks like there's a chance for us to get our bid back and move up. There's way to many other plays you could be making money on, rather then tying it up in this waiting game.

[keymaster]

The only reason to buy is to sit on your shares and hope for a pump to get it to .0002, sell and double your money. Buying the stock would not move the pps at all, as has been demonstrated... unless of course you were able to buy controlling interest in the company and issued a PR reporting such. That has also been previously demonstrated.

To make it worthwhile to sit on your shares for possibly a few months or more, I would think that you would need a few thousand dollars worth of shares. If I were going to put a several thousand dollars on the shelf, I think there are better companies to invest in.

One such hot company which dipped today is MA. It has already bounced back $3 since I entertained the thought of selling something so I could buy more of it on the dip.