CSHD recently had huge gains going from $.10 to $1.5 in just a week or so. Now it has settled back to 1.07 right at the 20 sma. It appears to be forming a nice bullish ascending triangle on reducing volume. This appears to be a healthy pattern, however, it seems I've seen alot of failing triangles lately. Maybe it is the market?
Anyone have comments on this one?
the stock was pumped because it merged with a holding company and became its shell. Supposedly the stock is going to halt one of these days and magically come back at 15$ a share. Its a lottery ticket, if it doesn't happen, it'll drop like a rock.
looks very interesting
HUGE NEWS !!!!!!!!!!! NICE !!!!! ;D :o :o :o :o :o
Conversion Solutions Holdings Corp Updates Shareholders
Friday August 18, 1:14 am ET
KENNESAW, Ga., Aug. 18 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.
CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
So besides it being up 60% on huge volume, what does that release mean exactly?
it looks very strong indeed :o
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
Any comments on the real meaning of this statement??
Thanks in advance to anyone who can explain this from an accounting point of view and put it into English.
Jason
gap filled yesterday; cshd should bounce today....my sell target 0.95
Breakout from Symmetrical Triangle, above $3 in play ;)
Incredible pick :)
Thank you Terliso, in and out for a quick profitable day trade ;D
Do you have a screener that you use to find your magic? I am working with wealth lab pro, but still VERY new to the chart script world!
Cheers and APPLAUD many times Joe
Quote from: Terliso on September 28, 2006, 12:30:57 AM
Breakout from Symmetrical Triangle, above $3 in play ;)
Target is made ;)
Quote from: joet on September 28, 2006, 12:39:44 PM
Incredible pick :)
Thank you Terliso, in and out for a quick profitable day trade ;D
Do you have a screener that you use to find your magic? I am working with wealth lab pro, but still VERY new to the chart script world!
Cheers and APPLAUD many times Joe
I just use the cheap one, www.stockfetcher.com ;)
& a quick glance on www.otcpro.com
Good Trading,
;D thanx Terliso will have to look into those!
Amazing run today here on CSHD 100%+ 3.52 as i write
I was out at 2.96 Happily, Like TNEN, just can never tell how high is posible and one does not want to lose a nice gain... As you have said "sell into strength!"
Are you still holding any? Tommorrow could be a top...
Cheers
joe
THIS BABY IS GOING TO @ LEAST $15 !!!! 5 BILLION EURO IS THE REAL DEAL ! CRAZY AMOUNT OF NAKED SHORTS STILL THAT NEED TO COVER !!!!! ;D SEE YA @ 15 !
My target on this one is around $3.23 it is now @ $3.90 that's 122.86% ;)
I sold some holdings lately & I still got AMKR I might sell it today for a loss..
Ganing from ALTI, PCCC, CHINA, neutral on SPRT, got in today @ market open in DIVX & this one CSHD bought & sold today for high profit
Going down now...... ;)
CSHD is down ONLY because of shorting and panic selling !
Howdie
Terliso, will you attempt to play CSHD again tommorrow? Finished quite strong!
you mentioned Holding companys.. thoughts on IAAC, only 4M float and looking strong as well!
Cheers Joe
Quote from: Terliso on September 28, 2006, 12:44:37 PM
Quote from: Terliso on September 28, 2006, 12:30:57 AM
Breakout from Symmetrical Triangle, above $3 in play ;)
Target is made ;)
Quote from: joet on September 28, 2006, 12:39:44 PM
Incredible pick :)
Thank you Terliso, in and out for a quick profitable day trade ;D
Do you have a screener that you use to find your magic? I am working with wealth lab pro, but still VERY new to the chart script world!
Cheers and APPLAUD many times Joe
I just use the cheap one, www.stockfetcher.com ;)
& a quick glance on www.otcpro.com
Good Trading,
Hi Terliso,
I took a look at that www.stockfetcher.com, was wondering if you suggest getting their Standard or Advanced package?
I'm just using the Standard, the cheapest one ($8.95/ month)
If you want free go to www.otcpro.com
-- click the the "winners" if you want to go long in a stock
-- check the Nasdaq, NYSE, & AMEX & click search
-- then just browse the gainers for that day & click "next" if you want to see more
This is a good source but time consuming but it's free, otcpro has complete 52week high stocks, winners & losers even OTCBB & canadian exchange ;)
Good luck!
Edit: The good thing I like in OTCPRO.com is they have this intraday price updates (completely free) that means you can check the site and enter in a particular stocks even though you did not do your homework before the market opens....I hope this help ;)
Form 10KSB for FURIA ORGANIZATION INC /DE/
16-Oct-2006
Annual Report
Item 7
Management's Discussion and Analysis of Financial Condition and Results of Operation
The Following information is provided as required by Item 303 of Regulation S-K (§ 229.303 of this chapter).
The following discussion of CSHD's financial condition and results of operations should be read in connection with CSHD's consolidated financial statements and notes thereto appearing elsewhere in this annual report. This discussion contains statements reflecting the opinions of management as well as forward-looking statements regarding the market and CSHD that involve risks and uncertainties. These statements relate to
expectations and concern matters that are historical facts. Words such as "believes", "expects", "anticipates" and similar expressions used throughout this document indicate that forward-looking statements are being made.
Although management of CSHD believes that the expectations and opinions reflected in its forward-looking statements are reasonable, these statements are not guarantees of future performance. They are subject to risks, uncertainties and other factors that could cause actual performance to differ materially from projected results. Additional risk factors are disclosed elsewhere in this annual report.
The Audited Financials notes to the financials of CSHD is incorporated herein by this reference to 8-K/A [html][text] 500 KB [Amend] Current report, item 2.01 Acc-no: 0001297077-06-000068 (34 Act).
Item 7A
Wow, the shares are so cheap now, wonder if there are any chance the company can come back a live. >:D