I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
How do you get everyone breaking even? Even if your scenario were to happen and every person with the bonus shares decided to sell, there will be plenty of folks who get a price of $11.00, $10.00 and so on on the way down.
But your aren't ever going to see .30 again, anyway. And many folks are going to hold for the NASDAQ listing.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
Said that CSHD has met the requirements for uplisting since last Tuesday- and to watch for news.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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posted
So I would still sell my shares the first day I can, and then buy back in once the dump is over, but if one day people have 7 times the shares that they had the day before, you can be damn sure there will be a dump on day 1. I just don't see how the price would stay the same when the supply suddenly increases 7 fold. Just doesn't make sense economically.
quote:Originally posted by stocktrader22:
quote:Originally posted by PCola77: Ok, I've tried to PM this to a few people soas to not sound like a basher, but still can't figure this out.
Can someone tell me the flaw in this logic:
I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
Because they are going to Nasdaq wiht a book value of $11 with 7bill in assets, but Rufus has another 8mill contracted according to him, meaning higher book value when 10Q comes out. Later alligator!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: Ok, I've tried to PM this to a few people soas to not sound like a basher, but still can't figure this out.
Can someone tell me the flaw in this logic:
I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
That sounds correct. But it might be more like if everyone bought in at 1.80. Devide that by 7, so you get something like .257, and anyone that bought in and has an average devided by 7 below that value should be making money. Now when it goes up from there, the profits should be coming, and we expect it to go to 11.78, so it should be almost a 50 bagger from here.
So just take your number of shares, multiply them by .257, and then sell when you feel that you have made enough money at that point.
Me, I will probably be holding until around 10 bucks after I get all of my shares and the market has some kind of reaction to the addition of the shares. Anything over that, and I will definately be a millionaire after taxes.
-------------------- Muad'Dib knew that every experience carries its lesson. Posts: 216 | From: The Number Six | Registered: Jul 2006
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Listen carefully shareholders. Now you know why I said to hold tight. Now I will say it again. Hold tight because this will squeeze the shorts because they will have to deliver all FTD's so that the share dividends can be put into your accounts. Now they have no choice if everyone holds tight you could see the biggest squeeze in history. No flipping, no daytrading right now. You have no idea this is just only the beginning of things you have no idea about yet.
The cobra has struck with a furious vengeance. The shorts will never get out of this.
posted
No jo, it doesn't work that way. It would have the same effect as a split, in that at market open on day 1, buyers would know that the supply has increased 7 fold, and it would essentially "gap down" to 1/7th of the previous days close. Which if it is at $11 you'll all make good money. I'll just continue to be an interested observer, but I think claims of pots of gold at the end of the rainbow are a bit premature, that's all.
quote:Originally posted by Jo4321:
quote:Can someone tell me the flaw in this logic:
I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
How do you get everyone breaking even? Even if your scenario were to happen and every person with the bonus shares decided to sell, there will be plenty of folks who get a price of $11.00, $10.00 and so on on the way down.
But your aren't ever going to see .30 again, anyway. And many folks are going to hold for the NASDAQ listing.
Jo
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by T e x: re the blue diamond thing...and here's where the feet of my doubts start to "feel bottom," if you will...
if shorts are bound to deliver? Then it *is* a dividend...
One way peeps get screwed in the shorting process is that while their shares are loaned out, they miss divvies. So the lending brokerage makes compensatory payment to their client (whose shares they borrowed in order to effect the short), but said payment has tax implications that the divvy did not. Bottom line? client whose shares were borrowed usually loses some dough in the process...
So, if "due bills" involved? doubt this will work
i'm trying to follow it this way too Tex...
that's why i'm demanding a clarifying PR....
with the due bills attached? the PPS should go up as shorts try to acquire...
if they aren't attached? then they are toast already... the shares are not available
well, I don't "trust" PRs as far as I can punt your furnace... we've simply seen too many faulty PRs from confused CEOs/CFOs, etc...
however, I don't see how shorts could be in trouble either way... how have it both ways?
in fact, if due bills *not* attached? I'm thinking nekkid shorts have NO obligation, at all...
quote:Feels sorry for those that got out thinking they can jump back in before the 30th... eeek.
Rufus said this?
Wonder if he feels sorry enough to send a few thousand shares my way.
Or, heck, maybe he can just "amend" the 10k again, drop the price so I can get back in and then "amend" it again with the date of the 17th. Think he'll go for it?
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
A quick question. What time will have to hold on to the additional shares so that they are not considered short term gain? Specifically what date are they going to be considered to be ours? Will it be from the date that we receive them, or the date that we purchased the original shares? And what will be the value that they are calculated from so that we can know what our capitol gains are? Just a few things to ponder so I can know how much I am going to have to put aside at tax time.
And are we going to have to pay tax on the shares that we get this year even if we are long? The tax implications on this one will be very strange.
-------------------- Muad'Dib knew that every experience carries its lesson. Posts: 216 | From: The Number Six | Registered: Jul 2006
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posted
Your post is my exact fear. People are counting their millions already. Just be careful with your expectations is all I'm saying. If any of you truly make a 50 bagger from here, I'll gladly bow to you, but I am VERY skeptical that this will play out the way people seem to think it will.
quote:Originally posted by unclerudy:
quote:Originally posted by PCola77: Ok, I've tried to PM this to a few people soas to not sound like a basher, but still can't figure this out.
Can someone tell me the flaw in this logic:
I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
That sounds correct. But it might be more like if everyone bought in at 1.80. Devide that by 7, so you get something like .257, and anyone that bought in and has an average devided by 7 below that value should be making money. Now when it goes up from there, the profits should be coming, and we expect it to go to 11.78, so it should be almost a 50 bagger from here.
So just take your number of shares, multiply them by .257, and then sell when you feel that you have made enough money at that point.
Me, I will probably be holding until around 10 bucks after I get all of my shares and the market has some kind of reaction to the addition of the shares. Anything over that, and I will definately be a millionaire after taxes.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Feels sorry for those that got out thinking they can jump back in before the 30th... eeek.
Rufus said this?
Wonder if he feels sorry enough to send a few thousand shares my way.
Or, heck, maybe he can just "amend" the 10k again, drop the price so I can get back in and then "amend" it again with the date of the 17th. Think he'll go for it?
Jo
JO...
IF and i mean a BIG IF the 6 shares are attached to the sahres like Rufus said? you can still buy back in.. BUT?
you need to make sure somehow...
bug Rufus to PR and 8K it... a PR is OK, but an 8K makes it stronger..
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by unclerudy: A quick question. What time will have to hold on to the additional shares so that they are not considered short term gain? Specifically what date are they going to be considered to be ours? Will it be from the date that we receive them, or the date that we purchased the original shares? And what will be the value that they are calculated from so that we can know what our capitol gains are? Just a few things to ponder so I can know how much I am going to have to put aside at tax time.
And are we going to have to pay tax on the shares that we get this year even if we are long? The tax implications on this one will be very strange.
All great questions we are al thinking about. My guess is best to ask a tax attorney.
Posts: 942 | From: Wisconsin | Registered: Jan 2006
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quote:Originally posted by Jenna: "PPS should increase" "The shares you have right now have 6 more attatched if you dump your share you're dumping everything that goes with it"
this needs to be IN WRITNG folks...
i cannot stress this enough.. i can't get into SPR eoither.. somebody needs to tell Rufus to PUT THIS IN A PR if it's true
"The shares you have right now have 6 more attatched if you dump your share you're dumping everything that goes with it"
i believe it, but everybody needs to see it in writing..
This was one of my points earlier - with the due bills attatched (6 shares attatched to each share) - there is nothing saying that if I buy tomorrow that I won't get the due bills attatched to those shares - I can't believe they can just dissappear in the middle of the transaction. That would mean the more shares that are traded the less shares they would be giving out because the due bills would be dropping off - that would make no sense.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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posted
OK, this is the indider/leaker/saviour, right?
see my italic emphasis...
quote:Originally posted by Chartwalker: last tut post...
Listen carefully shareholders. Now you know why I said to hold tight. Now I will say it again. Hold tight because this will squeeze the shorts because they will have to deliver all FTD's so that the share dividends ... .
if a dividened? seriously doubt this will fly...
oh...not saying there's not a play in here, btw... and NO, lol, I haven't thought of it...
YET...
but, really doubt an unannounced, unfiled divyy will hold up...
quote:Originally posted by PCola77: No jo, it doesn't work that way. It would have the same effect as a split, in that at market open on day 1, buyers would know that the supply has increased 7 fold, and it would essentially "gap down" to 1/7th of the previous days close. Which if it is at $11 you'll all make good money. I'll just continue to be an interested observer, but I think claims of pots of gold at the end of the rainbow are a bit premature, that's all.
Can you stop spewing trash. The stock isn't going to tank, with the new O/S after the 6:1 shares given out, the book value is currently $11. You are being unrealisitic and a subtle basher!
quote:Originally posted by Jo4321:
quote:Can someone tell me the flaw in this logic:
I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
How do you get everyone breaking even? Even if your scenario were to happen and every person with the bonus shares decided to sell, there will be plenty of folks who get a price of $11.00, $10.00 and so on on the way down.
But your aren't ever going to see .30 again, anyway. And many folks are going to hold for the NASDAQ listing.
Jo
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by Jenna: "If you sell after today, you still get the 6 from whatever you owned today"---------OK----isn't that a contradiction?
YEA - the opposite was just stated a little while ago - this is just crazy.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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quote:Originally posted by PCola77: Your post is my exact fear. People are counting their millions already. Just be careful with your expectations is all I'm saying. If any of you truly make a 50 bagger from here, I'll gladly bow to you, but I am VERY skeptical that this will play out the way people seem to think it will.
quote:Originally posted by unclerudy:
quote:Originally posted by PCola77: Ok, I've tried to PM this to a few people soas to not sound like a basher, but still can't figure this out.
Can someone tell me the flaw in this logic:
I bought 100 shares today at $2.10. Come Oct 30th, I have 700 shares. Come November 1, I'm selling at any price I can get above .30, so that I make a profit. Most others do the same, and the price drops to .30 and everyone break even.
That sounds correct. But it might be more like if everyone bought in at 1.80. Devide that by 7, so you get something like .257, and anyone that bought in and has an average devided by 7 below that value should be making money. Now when it goes up from there, the profits should be coming, and we expect it to go to 11.78, so it should be almost a 50 bagger from here.
So just take your number of shares, multiply them by .257, and then sell when you feel that you have made enough money at that point.
Me, I will probably be holding until around 10 bucks after I get all of my shares and the market has some kind of reaction to the addition of the shares. Anything over that, and I will definately be a millionaire after taxes.
I am sitting at just below a 20 bagger right now, and if it goes to 5 bucks, I will have my 50 bagger. I am looking at making more money than I ever planned on having in a very long time. I got in around .1 back in the log deal days of FHAL, and have held on to my share with a vice grip. So seeing it go to anything above 5 bucks makes me very happy in the pants.
-------------------- Muad'Dib knew that every experience carries its lesson. Posts: 216 | From: The Number Six | Registered: Jul 2006
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quote:Originally posted by T e x: re the blue diamond thing...and here's where the feet of my doubts start to "feel bottom," if you will...
if shorts are bound to deliver? Then it *is* a dividend...
One way peeps get screwed in the shorting process is that while their shares are loaned out, they miss divvies. So the lending brokerage makes compensatory payment to their client (whose shares they borrowed in order to effect the short), but said payment has tax implications that the divvy did not. Bottom line? client whose shares were borrowed usually loses some dough in the process...
So, if "due bills" involved? doubt this will work
i'm trying to follow it this way too Tex...
that's why i'm demanding a clarifying PR....
with the due bills attached? the PPS should go up as shorts try to acquire...
if they aren't attached? then they are toast already... the shares are not available
well, I don't "trust" PRs as far as I can punt your furnace... we've simply seen too many faulty PRs from confused CEOs/CFOs, etc...
however, I don't see how shorts could be in trouble either way... how have it both ways?
in fact, if due bills *not* attached? I'm thinking nekkid shorts have NO obligation, at all...
Sorry!
yes, I could edit...but clarity-continuity, here's what I posted in reply:
quote:however, I don't see how shorts could be in trouble either way... how have it both ways?
What I intended was:
I don't see how shorts could NOT be in trouble either way... that is, how can they have it both ways?
posted
Gotta go to bed. Hopefully we will have a fun-filled day tomorrow and into the next couple of weeks.
Posts: 942 | From: Wisconsin | Registered: Jan 2006
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quote:Originally posted by T e x: re the blue diamond thing...and here's where the feet of my doubts start to "feel bottom," if you will...
if shorts are bound to deliver? Then it *is* a dividend...
One way peeps get screwed in the shorting process is that while their shares are loaned out, they miss divvies. So the lending brokerage makes compensatory payment to their client (whose shares they borrowed in order to effect the short), but said payment has tax implications that the divvy did not. Bottom line? client whose shares were borrowed usually loses some dough in the process...
So, if "due bills" involved? doubt this will work
i'm trying to follow it this way too Tex...
that's why i'm demanding a clarifying PR....
with the due bills attached? the PPS should go up as shorts try to acquire...
if they aren't attached? then they are toast already... the shares are not available
well, I don't "trust" PRs as far as I can punt your furnace... we've simply seen too many faulty PRs from confused CEOs/CFOs, etc...
however, I don't see how shorts could be in trouble either way... how have it both ways?
in fact, if due bills *not* attached? I'm thinking nekkid shorts have NO obligation, at all...
not sure i follow you Tex.... no obligation to what?
th enaked shorts still have to replace the shares...
the company knows exactly how many shares they are SUPPOSED to issue..they send them out...
some people don't get their shares...
whoever sold the naked short is obligated to obtain those shares onthe market to place them into the account they belong in...
the TA KNOWS...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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Either, the shares are attached and when you sell, you owe those shares to the buyer. Ergo, the buyer buys 1 share with the 6 attached.
OR, the shares are not attached and you can sell your 1 share and still keep your other 6. Ergo, a new buyer will only get to buy one share and no other 6 attached.
It can't be both ways. You can't lose your six shares by selling and have buyers not gain those same 6 when they buy.
It'd be the case of the disappearing shares.
But I guess anything's possible...this is CSHD afterall.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
How many people here will be millionaires if you get 7 times your shares and this goes to $15? Thats what scares me, OTCBB millionaires just don't happen that often...
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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