NEWS OUT after market!!! the huge volume spike signals that the selling is done and its ready for a bounce IMO..Really nice news!!!! more to come, and way undervalued imo
Cal-Bay Announces Development Plans for Luxury Condominiums on Company's Downtown San Franciso, California, Property
Business Editors / Real Estate Writers
SAN DIEGO--(BUSINESS WIRE)--April 6, 2006-- Cal-Bay International, Inc. (OTCBB:CBAY) announces plans for the development of 12 luxury condominiums on the company's downtown property.
Cal-Bay's Board of Directors today announced the company has initiated the process for the planning and development of 12 luxury condominiums on the company-owned 9th street property in downtown San Francisco, California.
The development is expected to yield over $10.5M upon completion which should add over $4M to the company's bottom line within the next 12 months.
The property is located in one of San Francisco's premium downtown redevelopment areas within blocks of the new ballpark. Cal-Bay purchased the San Francisco property earlier this year for $2.65M. Newly constructed adjacent condominium properties are currently being marketed in the range of $1400 per square foot.
this one will do well imo...moves really easy
the last time this stock was at these levels it exploded over $1
near 52week low....Huge bounce coming....hearing news monday!
bottom chart and imo ready for bounce!
More to come!!
Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes
Business Editors
CARLSBAD, Calif.--(BUSINESS WIRE)--April 10, 2006-- The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio.
Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.
The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.
The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.
The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.
The company is currently in negotiations for several additional properties in the Pacific Coast region.
finished strong today! they announce chash dividends .01 per share...WEEEEEEEEE
Chart bottom here, great buy opportunity imo, Technicals are pointing up, Macd crossed, RSI gaining momo, the next few weeks should be good for this company. Americanbulls also confirmed buy! check it out .18 closed at today with nice volume
(http://bigcharts.marketwatch.com/charts/big.chart?symb=cbay&compidx=aaaaa%3A0&ma=1&maval=9&uf=8&lf=1&lf2=2&lf3=4&type=4&size=2&state=11&sid=2172826&style=330&time=6&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8313&mocktick=1)
very low O/S and Float...
Check out some more info
http://www.lendance.com/personal-finance/04-03-06.html
also PR should be out next week about the close of their newest acquisition! read the recent PR's this is going to be a great year for this company! I also confirmed it with one of the IR guys that next week is the huge PR!! call urself
"The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006."
http://www.calbayinternational.com
possible short squeeze on the way ;D
http://www.stockhouse.com/news/news.asp?tick=CHRT&newsid=3549254
CHART BReAKOUT....no 1 likes this 1 i guess....lol o well .25 high of day.....this is going to be good next few weeks
http://stockcharts.com/c-sc/sc?s=CBAY&p=D&yr=0&mn=6&dy=0&id=p58323481410&a=76970077&r=956
looks like a new uptrend, looking really good...we brok .31 resistance yesterday...just waiting to hold it next time...GL all
about a 100% gain so far from call, the most important thing is that we started a new uptrend...hope shorts dont kill it again! gl all
nice call :)
chart still looks pretty good IMO. perfect example of 50RSI cross and volume preceeding pps. Wish a had the free funds a few days ago...oh well, GLTU dmx
thanx charger, make sure u free up funds and check out GHLT b4 it gets higher.... ;) GL to u too bro
looking good for next week, but GHLT looking better.... http://www.investorshub.com/boards/board.asp?board_id=5811
gotta try to get a few shares of both...dont have a lot of money to invest, just starting over from big losses last fall, getting my feet wet again :). Thanks for the help.
Hi dmxbr9
Liked chart on this one and decided to join in on the ride. Bought today @.359. The chart is based on 32 day MA that is what I use as a buy signal when price crosses over it.MACD is about to crossover centerline. All signals are pointing up, let's hope it goes.
Goodluck to all holding
CBAYE broke out of channel that its been in for a few weeks and broke the 50 MA today which is .23.
Decent vol. today, nice and steady pps rise.
Wondering if it could be in for a continued rise.
julia
Julia...
Here is an up to date chart that more accurately portrays the EOD close. CBAYE closed above the 50 MA (.23) at .249...My Track lists the float at under 10 million and the Q that was released today has the O/S listed as 22,797,501...The last time CBAYE ran it hit .96...this one looks primed. ;)
(http://img182.imageshack.us/img182/7587/scoh7.png)
CBAY hit its gspot today at .145...went to high of .195, then pulled back during am....news just came in.
Watch for a possible continuation.
Monday, October 09 2006 11:07 AM, EST
Cal-Bay & COBS Homes Complete Headquarters Consolidation
Business Wire "US Press Releases "
CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY) announces the company today completed the integration of the COBS Homes subsidiary to Cal-Bay's Corporate headquarters in Carlsbad, California. Cal-Bay and its wholly owned subsidiaries now occupy over 7500 square feet at the Palomar Road, Carlsbad location where over 40 employees are now situated.
Cal-Bay CEO Roger Pawson commented the completion of this move will significantly enhance the management operations for Cal-Bay subsidiaries, particularly in the financial administration area. Cal-Bay appointed COBS financial controller Liz Nicol as Group Financial Controller today.
Roger Pawson further commented there will be some additions to the Board of Directors in the near future.
Julia, I was just checking this one out......
You must have read my mind :D :D :D :D
Applaud for your work here and the update....... ;)
52wk Range: 0.07 - 1.10
Volume: 4,662,075
Avg Vol (3m): 913,067
Technicals
Close Above the 13-day EMA
Last Price Quote is:
13.25%above 13-day EMA
-21.45%below 50-day EMA
Thanks Setravis :) And I would love to be able to read ur mind...i'm sure i would be alot better at trading if i could...lol.
Yes, i bought some this am...just waiting for a pop...well..i hope it does anyway...lol.
Gl Buddy!
julia
Press Release Source: Cal-Bay International, Inc.
Cal-Bay International Retires 11.25 Million Shares of Common Stock in the First Round of the Company's Stock Cancellation Program
Tuesday November 7, 9:01 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Cal-Bay International, Inc. (OTCBB:CBAY - News) Announced Cal-Bay's Board of Directors announced the company had submitted 11.25 Million shares of Cal-Bay common stock to the company's transfer agent for cancellation.
ADVERTISEMENT
Cal-Bay's Board of Directors commented, "This is the first batch of shares to be cancelled within the program and other cancellations are due in the very near future."
Cal-Bay implemented the program in an effort to reduce the "short position" in the company's tradable stock.
Cal-Bay has implemented a mandatory certificate exchange of the common and Preferred "B" shares as an additional measure to help combat the "short position."
CBAY is ready to move up too!
chart update:
CBAY is risky but could be ripe for a cheap buy and reversal. Currently right at the bottom of the channel.
Longer term - downside break of a large falling wedge. Could be a fake-out, but CBAY could also be going to new lows. Amazing that the company has lost 95% of its share price from highs 6 months ago!!!
If it reverses, it could well be good for a quick double.
CBAY files 8k. To retire 31 million shares. quote.com
Reversal at last? Tomorrow will tell.
Funny story on this today. Some clown on the Yahoo board posted a fake article stating the company was claiming Ch 11. The company issued a press release today saying the FBI is getting involved. I went and read the post and to me it was obviously a joke but apparently the company didn't see it that way.
"CBAY.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.
All history on a stock pick in 1 thread is awesome.
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.
Thank You....and good luck with all your trades....make some $$$
Risk reward$ Time to clip a few?
Mirrus Systems, a CBay Group company, enters into acquisition agreement with AMSplus
The addition of physician billing services significantly expands
Mirrus' portfolio of revenue cycle management solutions.
Boston, MA – August 15, 2007 — Mirrus Systems Inc., a CBay Group company, announced today that it has signed an agreement to acquire AMSplus, Inc. AMSplus is a 200-employee provider of medical billing and practice management services, with offices in six cities across New England.
The acquisition of AMSplus further expands the scale and scope of Mirrus' position into a top tier player within the estimated $27B U.S. market for revenue and clinical cycle management solutions.
"We are very pleased to have made this important acquisition," said Nanda Krish, President and CEO of Mirrus Systems. "AMSplus brings over 25 years of experience and an exceptional reputation for helping physician practices drive down their AR days. This is an excellent complement to existing Mirrus services, and fits well with our focus on helping hospitals accelerate cash."
As a national provider of Patient Financial Services, Mirrus helps health care providers, including health systems, hospitals, and academic physician faculty practice plans strengthen their bottom line. From maximizing cash flow, to resolving payer delays, to managing government reimbursement, Mirrus's unique technologies and processes solve payment problems and generate high ROI.
"The complexity of physician practice reimbursement has created a huge need for the services that AMSplus provides," says Krish. "Managed care plans, government sponsored plans and private health care bureaucracy have made it difficult for small physician practices to keep up. AMSplus' advanced billing platform, dedicated team of billing experts, sophisticated analytics and reporting and hands-on services provide real relief and help physicians run their practices more profitably."
Marc Bolh, President, and founder of AMSplus, will remain active in the business over the next several years and will continue as President, reporting directly to Nanda Krish, President and CEO of Mirrus Systems. Mr. Bolh will also become a member of the Mirrus Executive Management Team.
"Teaming with Mirrus offers great new opportunities for our 500-plus physician practice customers," says Marc Bolh, President of AMSplus, Inc. "Mirrus, and their parent company, CBay Group, share our passion for helping physician practices and hospitals operate with greater efficiency and profitability, plus CBay offers additional services such as medical transcription that can help our clients reduce costs and improve quality. We remain focused on our long-term commitment to our customers and helping them achieve even higher levels of success."
Would like to see a share buy back announcement.
The rest looks very good.
http://www.cbaysystems.com/en/about/career_opportunities.htm
Radar. News due out. CBAY medical in perfect condition. CBAY real estate coming of the bottom.
Press Releases
Mirrus Systems, a CBay Group company, enters into acquisition agreement with AMSplus
The addition of physician billing services significantly expands Mirrus' portfolio of revenue cycle management solutions.
Boston, MA – August 15, 2007 — Mirrus Systems Inc., a CBay Group company, announced today that it has signed an agreement to acquire AMSplus, Inc. AMSplus is a 200-employee provider of medical billing and practice management services, with offices in six cities across New England.
The acquisition of AMSplus further expands the scale and scope of Mirrus' position into a top tier player within the estimated $27B U.S. market for revenue and clinical cycle management solutions.
"We are very pleased to have made this important acquisition," said Nanda Krish, President and CEO of Mirrus Systems. "AMSplus brings over 25 years of experience and an exceptional reputation for helping physician practices drive down their AR days. This is an excellent complement to existing Mirrus services, and fits well with our focus on helping hospitals accelerate cash."
As a national provider of Patient Financial Services, Mirrus helps health care providers, including health systems, hospitals, and academic physician faculty practice plans strengthen their bottom line. From maximizing cash flow, to resolving payer delays, to managing government reimbursement, Mirrus's unique technologies and processes solve payment problems and generate high ROI.
"The complexity of physician practice reimbursement has created a huge need for the services that AMSplus provides," says Krish. "Managed care plans, government sponsored plans and private health care bureaucracy have made it difficult for small physician practices to keep up. AMSplus' advanced billing platform, dedicated team of billing experts, sophisticated analytics and reporting and hands-on services provide real relief and help physicians run their practices more profitably."
Marc Bolh, President, and founder of AMSplus, will remain active in the business over the next several years and will continue as President, reporting directly to Nanda Krish, President and CEO of Mirrus Systems. Mr. Bolh will also become a member of the Mirrus Executive Management Team.
"Teaming with Mirrus offers great new opportunities for our 500-plus physician practice customers," says Marc Bolh, President of AMSplus, Inc. "Mirrus, and their parent company, CBay Group, share our passion for helping physician practices and hospitals operate with greater efficiency and profitability, plus CBay offers additional services such as medical transcription that can help our clients reduce costs and improve quality. We remain focused on our long-term commitment to our customers and helping them achieve even higher levels of success."
About Mirrus Systems
Mirrus Systems, a CBay Group company, is a health care organization specializing in the provision of accounts receivable management and medical reimbursement services. They provide Accounts Receivable Management ("ARM"), Disproportionate Share Hospital payment processing ("DSH") and Crossover Bad Debt Recovery Services (Medi-Medi) for over 300 hospitals and provider groups, including many of the largest and most prestigious organizations in the United States. Their national team has offices in Boston, MA, Dallas, TX, Virginia Beach, VA, Walnut Creek, CA, North Hollywood, CA, and Fresno, CA.
Mirrus is a CBay Group Company, a family that includes some of the fastest-growing providers of Health Information Management (HIM) and Patient Financial Services worldwide. To learn more about Mirrus, visit www.mirrussystems.com.
For additional information, please contact
Megan Blickley, Garfield Group
Tel: 215.867.8600 x213
[email protected]
Just found the latest, news. Lets see the London stock exchange sort this out finally.
August 27, 2007 — CBaySystems and Services, Inc., a leading global provider of transcription, BPO services and technology, and eScription, Inc., a leader in Computer Aided Medical Transcription, announced today their recent business alliance which will expand both companies service offerings in the medical transcription field.
eScription's enterprise- wide software is designed to streamline medical transcription and reduce costs. CBaySystems is dedicated to offering full-serviced transcription to hospitals, healthcare networks, and medical clinics. "This win-win partnership will offer customers an end-to-end transcription solution including broader services and additional value, stated Christopher Foley, President, CBaySystems and Services, Inc.
Both companies are dedicated to improve the quality and speed of medical transcription, while saving hospitals and physician practices time and money. eScription has accomplished this through their proprietary speech recognition engine, EditScript creates formatted draft documents from clinicians' dictations, which medical transcriptionists (MTs) subsequently review and edit, often doubling their productivity. CBay continues to excel in the area of transcription services through proper management and execution of the medical transcriptionists workflow.
"We are excited to be joining efforts with CBay. The combination of CBay's enormous transcription capacity and eScription technology will deliver significant value to our joint customers.," said Ben Chigier, CEO of eScription.
CBaySystems provides full-service medical transcription services and technology to thousands of leading hospitals, healthcare networks, medical clinics, and physician practices, including some of the most prestigious institutions in the world. eScription computer aided medical transcription technology is currently being used organization-wide across numerous specialties and work types.
"CBay and eScription share a similar mission," says Foley. "Improving the quality
and speed of medical transcription, while saving hospitals and physician practices time
and money."
About eScription
eScription, Inc. is a pioneer and leader in Computer Aided Medical Transcription (CAMT). The company's software is based on the simple premise that it is faster to edit than to type. With its solution deployed enterprise-wide at healthcare organizations throughout the United States, eScription is helping streamline processes, speed turnaround time, and save costs of medical transcription, without interfering with clinician workflow. For more information, visit www.escription.com.
About CBaySystems
CBaySystems is a leading provider of medical transcription and healthcare technologies to large hospitals, healthcare networks and physician practices throughout the United States and has a growing presence as a provider of patient financial services to hospitals and hospital-based physician practices in the United States. The company utilizes secure Internet technologies combined with its global-based delivery model to deliver its service and product offerings to healthcare providers.
Since it was founded in 1998, CBaySystems has been acknowledged by some of the industry's leading publications and ratings institutions, including Forbes.com — Ten to Watch, Healthcare Informatics 100, Deloitte Technology Fast 500, and Inc. Magazine —One of the Fastest Growing Privately Held Companies in America.
Medical Transcription Outsourcing — For Hospitals
The technology solution for medical transcription that gives your hospital ultimate control and flexibility.
CBaySystems offers the single-source medical transcription outsourcing solution that gives you total control over the entire medical transcription process. Our advanced, web-based platform lets you easily manage the entire medical transcription lifecycle — automating everything from dictation capture, routing, and transcription, to returning documents to multiple print destinations, and back to the customers' repository EMR.
Outsourcing has many advantages.
When you outsource your medical transcription, you no longer have to own a dictation system or worry about upgrading to the latest equipment. In fact, all your capital expenses for supporting dictation and transcription are greatly reduced. CBay's medical transcription outsourcing service also lets you reduce direct labor costs, management expenses, and more.
Outsourcing medical transcription is easy and secure through our password-protected process. Authorized personnel can log-on to a user-friendly interface and search, view, edit, print, sign, fax, and forward medical transcription reports.
A technology platform with built-in advantages:
Fully integrated dictation capture, medical transcription, and web-based document management — allowing you to transparently monitor, track, and manage the entire medical transcription process.
No IT investment required. Our technology platform integrates seamlessly with your existing Health Information Management system (HIM).
Outsource your entire medical transcription process or just the overflow. We structure your solution to fit your needs.
Fully secure, HIPAA-compliant, and a fully certified TQM, ISO9000, and Six Sigma services provider.
Now trading on the London Stock Exchange, AIM.
Looking for that interest cut.
New CEO and Insider buying.
Sep 5, 2007 CAL-BAY INTERNATIONAL INC
Beneficial Owner (10%) direct Buy 0.0001 37,000,000
Good news today for CBAY 0.5% rate cut.
Volume. Nice to see the CEO buying. This could turn out to be a nice gainer.
CEO buys large.
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5434994
Volume high. More news to come. CEO buying open market. With it now trading on the AIM, should be a 6 month mover.
We'll see. Worth $0.10 + from here.
nice call on CBAY ..
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5440911
CEO buys close to 2 billion on open market. Last buy 700'000'000 om 24th September.
Heavy accumulation at $0.0002. Just waiting for the news.
Something good should come of $330'000 dollars worth of buying from the CEO.
Track for the news.
Buying, and current market interest rate cuts indicate an uptrend.
Press Release Source: Cal-Bay International, Inc.
Cal-Bay International Announces Appointment of New Company President
Tuesday January 22, 12:47 pm ET
HENDERSON, Nev.--(BUSINESS WIRE)--Cal-Bay International, Inc. (OTC: CBAY - News) today announced the appointment of Shaun Bailey as the new Company President.
ADVERTISEMENT
Shaun Bailey's appointment as company President and seat on the Board of Directors today is simultaneous with the resignation of Mr. Roger Pawson.
Mr. Bailey has an extensive background in business management and corporate operations, along with a Bachelors Degree in Business. A full bio will be available when the company's new website is completed.
Mr. Bailey commented he is looking forward to resolving past issues that have surrounded the company and believes Cal-Bay has many opportunities for investors, and shareholders as the company returns to profitability.
Mr. Bailey further commented, Cal-Bay will continue to pursue all aspects of former real estate holding issues that the Company has encountered, along with the legal pursuit of all monies owed to the Company.
The Company plans to announce further additions to the Board of Directors in the near future along with the launch of the Company's newly constructed website and revised domain.
http://www.cnbc.com/id/15837275?q=cbay
Draak,
I don't want to come across here the wrong way or anything, but not knowing your trading experience I feel it necessary to warn you about this company.
First thing is do not believe the O/S is only 41 million shares..... that is not true..... This company has a very dubious history.... court battles, tax problems on properties, the ex President CEO Rodger Pawson seems to be hiding for fear of getting beat to death or worse, has stepped down several times, some say -- out right lied, make fraudulent statements, scammed.... --
Don't get me wrong I still believe I will make money in this stock.... but I am looking at it as a scam or pump and dump that can be made to grow in value at least temporarily .... But unless something major happens ... I will only play it as a pump and dump.... as you see I will not pump.... but when it happens... and I am sure it will... I will be more than happy to sell as many shares as people will buy.....
Just make sure you know about this stock... and please investigate anything said about the company before putting any more money in it than you can afford to lose... because most people have lost bad on this stock....
Just trying for a friendly warning to you.
New Ticker Symbol.......
"CBYI.PK" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;)
All history on a stock pick in 1 thread is awesome. ;)
Thank You....and good luck with all your trades....make some $$$ ;D
I will leave you the chart while I am in this thread.....
Below is the 1 year chart...