posted
We got day traded up and down today, with the last of the daytraders selling off in the end. Someone believed in the news... and it wasn't shorty. I predict a slow upward climb by EOD tomorrow... but nothing significant. Likely we will still be in dollar land as the day traders will leave this alone tomorrow.
posted
WOW..... MM's still in total control! EOD was perfect example. Who is selling at $1.00 now? After watching MM's power and control over this stock and others makes me realize THEY RULE. We are boxing with one hand tied behind our back.
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quote:Originally posted by Fredgrasshopper: WOW..... MM's still in total control! EOD was perfect example. Who is selling at $1.00 now? After watching MM's power and control over this stock and others makes me realize THEY RULE. We are boxing with one hand tied behind our back.
A few daytraders and manipulation.... picked up 19k at 1.01 near the end. The volume in the AM were daytrades and mirrors to control it. It was very hard to sell or buy shares today. The MM's have this in a chokehold. I feel that the MM's are still incredulous at this situation right now. It was business as usual for them today. They just got the PR last night and were mainly concerned with keeping the PPS from skyrocketing today. By the discussions with our brokers, i.e. Scottrade, they don't seem to have a plan yet. Until the brokers put the pressure on the MM's to settle the shorts.. it won't happen. With all the calls to the brokers and media today, it may sink in a little overnight and they may try harder to cover slowly tomorrow. Today they had to compete with the daytraders and the new excitement caused by this PR. If they joined in the frenzy and competed for the shares with outside buyers, the PPS would have spun out of control... likely for good. They concentrated on putting out the fire... now they can get back to a slow recovery at a low PPS. They may even have another attack planned for before the weekend to try to shake the shares loose. 1.8 million in volume today didn't even put a dent in the NOBO list, if we believe the list.
I still feel that if they knew this was a scam, they would let it loose, and only look to cover after Sept. 30. What they don't need now is high volume buying pressure, so they held off the buys. They effectively scared off the daytraders for tomorrow, and left the longs scratching their heads. Good plan... executed well by the MM's today. Let's see what tomorrow brings... EOD of 1.05 me thinks.
quote:Originally posted by TaxBack04: I am not saying that I think this is gospel. I just think it is hard for the calculations to be exact from two reporting companies. I have told you that my job is building finacial based applications. I spend alot of time looking at record set results looking for patterns so I can locate bugs in calculations. An example is when you round two numbers and then add them. If you add them and then round the answer, you are guaranteed to have different results eventually.
I don't want you to buyin to everything I am pointing out, you are right I do not work on their systems and I do not know how each company gathers their information. I am just saying that a factor of one on one side could be used for acuracy in managing books (DTC) while a factor of 3 on the other (Brokerage Reporting) could be to provide them supply and wiggle room in reporting.
All I do know is when you apply the 300% fudge factor, the list gets alot shorter and alot more focused on a few names.
ALL Just IMHO Hope it helps you, I think it calms me a bit.
Tax: assuming your theory is correct...what does this mean? Is this a good thing or a bad thing?
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
quote:Originally posted by St. Matthew: Tax: assuming your theory is correct...what does this mean? Is this a good thing or a bad thing?
Still a good thing...a very good thing. CSHD is shorted and I think we are all aware of that including the SEC after seeing their inbox today. I just think looking at deviation of the results or the possible accuracy + or - of the numbers softens the gap a bit.
I want a squeeze as bad as the next guy, I just am trying to see numbers for what is realistic, and it is hard for me to believe that practically every brokerage house that has shareholders holding CSHD stock took an instant (-300%) short position in this commodity.
quote:Originally posted by dog: For what it's worth off HSM:
Originally Posted by rbirnie First off, I have Ben's number on my speed dial and I have been trying for weeks, I finally got through and he did answer, I was so in shock, I had to run out of my work office, Anyway, it sounded like I had woke him up, I started off by asking if the main goal was to indeed reset the price, he said absoulety, So you guys released the pr last night as a bit of a warning for the mm's to cover, He replied by saying they have been trying to give them a heads up of what is comeing, I then asked what his opionon was about the no action on the pps today after the pr release, he said well the office's that are short and that do believe in our company will be the one;s that our covering, the office's that do not believe in us will continue shorting the hell out of this, I then started talking about the filings, I asked if they are still confident about getting the S-4 and 10k out before sept 30, he asuured me that it would be done, he then stated that the price reset would be in the near future, but he pretty much guarteed that they would meet all deadlines for all filings,
FWIW...this does sound similar to the way Ben speaks (imagine a banjo playing in the background). He answers his questions with one sentence. He is not a man of many words. He will answer just about anything you ask him, but he will be vague sometimes. If this was him, it's good news.
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
posted
I could be wrong... they could hedge all their clients bets, I don't really know. Just throwing out what my digging has surfaced.
I guess the real scary thing is that if I am completely correct and I stumbled on a method for determining the "Reported" short sales. Then none of the numbers posted today give us any hint to the "Naked" short sales. It leaves an unsettling feeling that is for sure.
posted
On another note I do think after looking at the two lists that there is some definite accuracy to them on both sides. I made a note to myself on RBC DAIN on the DTC list it shows 97560 shares, Listed as RBC Dain Rauscher Incorporated on the NOBO list it has 297560 shares listed... Exactly 200K more shares on the NOBO list. Coincedence? I don't know, but it does not follow the (% DIFF 3DTC) pattern that the others do. It is only 205% DIFF 3DTC, but the number being exact + 200K does lead one to believe it is probably accurate on both sides, just different in how the numbers are gathered/reported.
posted
OK I have been rambling on here for a while about my crazy, or not so crazy findings when comparing the DTC list versus the NOBO list posted on the http://cvsu.us web site.
I am finally going to get off my soap box for all of you. But one last time so that people trying to catch up with what I posted on the last three pages... I am compiling it in to one post. Sorry for the wasted screen space... just scroll past this if you have read it or just don't have time. I understand I don't even want to read it twice.
quote: OK I took a spread sheet of the DTC and NOBO to lunch combined the two and combed over it... I am feeling alot better because I personally feel I can poke a few holes in the NOBO numbers. I still have a picture that we are shorted but I do not think it is "as bad" as the 75 million.
I also have a clear picture of who the bad guys are and why Ameritrade is stopping transactions. It is all there just hard to see with the two lists and some generalized reporting numbers fudging on the NOBO. Good new is I believe now that many of the major players we had concerns about are NOT infact short, just reporting "trumped up" numbers to ADP. **********************************
One pattern in the two documents I was able to see is a 3:1 ratio in several companies. Examples would be R.W. Baird and Mellon. R.W. Baird had 2000 shares DTC and 8000 shares NOBO, while Mellon has 20 shares DTC and 80 NOBO, both supposedly had 4 investors. This is pretty odd. Especially for Mellon 20 shares of a dollar stock spread between 4 investors? Who trades like that? I think it is a "seed" number that you would find on every symbol they trade for reporting purposes. When I look at the entire table 70% of them fall really close to this 3:1 ratio NOBO to DTC... That is more than coinsedence IMO. **********************************
I agree Septor... please do not take my word for it. Check it out yourself. I just think it is wierd that all the companies listed below reported exactly 300% difference between the DTC and NOBO. Almost like they BUY 20 but reserve 80... Like they are keeping shares in inventory.
Ameritrade by the way is 278% reported... Etrade 271%, and Scottrade 271%...
But there are definitely some that fall way out of the pattern... Ameritrades MM UBS Securites is one of them. They are 12,340% reported difference between the NOBO and DTC. **********************************
Matter of fact if I had to make a list of "Bad Guys" who I believe are way short. It would be.
I am not saying that I think this is gospel. I just think it is hard for the calculations to be exact from two reporting companies. I have told you that my job is building finacial based applications. I spend alot of time looking at record set results looking for patterns so I can locate bugs in calculations. An example is when you round two numbers and then add them together. If you take the same numbers add them and then round the answer, you are guaranteed to have different results eventually especially the more numbers that are involved.
I don't want you to buyin to everything I am pointing out, you are right I do not work on their systems and I do not know how each company gathers their information. I am just saying that a factor of one on one side could be used for acuracy in managing books (DTC) while a factor of 3 on the other (Brokerage Reporting) could be to provide them supply and wiggle room in reporting.
All I do know is when you apply the 300% fudge factor, the list gets alot shorter and alot more focused on a few names.
ALL Just IMHO Hope it helps you, I think it calms me a bit. **********************************
Oh yeah for got the last part of my NOBO vs DTC investigations. If I take the (Diff 3XDTC) shares from the companies listed as "Bad Guys" the total number shares "extra" comes out to be 2,345,372 which is awful close to the reported shorts number that has us on the SHO list.
Anyway, I have never gotten my hands on a NOBO list before. It has been interesting to say the least to see the numbers. **********************************
quote:Originally posted by St. Matthew: Tax: assuming your theory is correct...what does this mean? Is this a good thing or a bad thing?
Still a good thing...a very good thing. CSHD is shorted and I think we are all aware of that including the SEC after seeing their inbox today. I just think looking at deviation of the results or the possible accuracy + or - of the numbers softens the gap a bit.
I want a squeeze as bad as the next guy, I just am trying to see numbers for what is realistic, and it is hard for me to believe that practically every brokerage house that has shareholders holding CSHD stock took an instant (-300%) short position in this commodity. **********************************
I could be wrong... they could hedge all their clients bets, I don't really know. Just throwing out what my digging has surfaced.
I guess the real scary thing is that if I am completely correct and I stumbled on a method for determining the "Reported" short sales. Then none of the numbers posted today give us any hint to the "Naked" short sales. It leaves an unsettling feeling that is for sure. **********************************
On another note I do think after looking at the two lists that there is some definite accuracy to them on both sides. I made a note to myself on RBC DAIN on the DTC list it shows 97560 shares, Listed as RBC Dain Rauscher Incorporated on the NOBO list it has 297560 shares listed... Exactly 200K more shares on the NOBO list. Coincedence? I don't know, but it does not follow the (% DIFF 3DTC) pattern that the others do. It is only 205% DIFF 3DTC, but the number being exact + 200K does lead one to believe it is probably accurate on both sides, just different in how the numbers are gathered/reported.
Appologies again... just reporting my findings good or bad.
posted
Conversion Solutions Holdings Corp Announces Results of Emergency Board Meeting of AISS and Additions to BOD and Infrastructure Thursday September 21, 7:08 pm ET
KENNESAW, Ga., Sept. 21 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation, announces the following current events have taken place. ADVERTISEMENT
CSHC would like to announce that during an Emergency Board meeting called for the Joint Venture Corporation of American International Smart Structure, it was voted and resolved to remove Dr. Thomas Mensah as President and CEO of AISS and to offer a share swap transaction to all Georgia Aerospace shareholders.
Notice: To all Georgia Aerospace shareholders, please contact Mitchell Sepaniak at 770-420-8270 Extension 2382 to arrange a share swap transaction for CSHC.
"This is a regretful situation but necessary. AISS is a JV corporation of CSHC and will continue to be so. We will escrow the funds for the project and proceed forward after the appointment of a new Board of Directors and Officers," stated Rufus Paul Harris, CEO.
CSHC would also like to announce the addition of Sabra Dabbs and Mitchell Sepaniak to our team of professionals.
Ms. Sabra Dabbs has been added to the Board of Directors as Corporation Secretary and Executive Vice President of Global Investments of Conversion Solutions Holding Corp. Ms. Dabbs is active in global asset management, investments, finance, business development and development of corporate infrastructure. Her experience includes more than twenty years in management; nine years of finance, mergers, and acquisitions; and five years in international business development and negotiations at the highest levels. She has first hand experience in emerging markets in the Far East, Latin America, and the Eastern Europe. Ms. Dabbs' business career has included ownership of several companies within the United States and internationally, covering a spectrum of interests within Corporate Management, Financial Advisory, Project Funding and Information Technology.
Mr. Mitchell Sepaniak has over 25 years of experience at the Executive management level with WebMD, ADP, National Data Corporation, Ciba, and Bausch & Lomb. Most recently, he was the CEO of Weida Corporation.
"Mitchell brings to CSHC experience in creating strategies and managing multi-national companies, a rich leadership background in blue chip, mid-size and start up firms. His success in building companies, products, and brands, through organic and business development means will greatly enhance our success with each investment project," stated Sabra Dabbs, EVP.
"Ms. Dabbs and Mr. Sepaniak are a wonderful addition to our team. Their abilities to resolve issues in an expedient manner is nothing short of amazing," stated Rufus Paul Harris.
About Conversion Solutions Holdings Corp
CSHC is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHC's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHC is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.
posted
what is up with this swap shares thing, I better read this again, mensah fired from his company, means he must have been bashing or impatient, but swap shares ?????
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posted
Thoughts...Good or bad thing...I'm thinking good, but we may tank a bit tomorrow because of this. People will read this the wrong way...again, thoughts???
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
posted
The shares in the trust? AISS shares are not traded..sooo I don't see why Rufus can't swap those shares out and not allow them to trade...(restricted)???
quote:Originally posted by driver4t3: what is up with this swap shares thing, I better read this again, mensah fired from his company, means he must have been bashing or impatient, but swap shares ?????
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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Hope it helps you, I think it calms me a bit. ![[Wink]](wink.gif)
But one last time so that people trying to catch up with what I posted on the last three pages... I am compiling it in to one post. Sorry for the wasted screen space... just scroll past this if you have read it or just don't have time. I understand I don't even want to read it twice. ![[Big Grin]](biggrin.gif)
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