posted
Looks to me like a merger with a shell that will convert CSJJ shares into the new shares, which could be very valuable, considering the minimum price per dhare needed to attain OTCBB.
posted
Just picked up another million. It finally went through. Just watch... With not revealing what OTCBB company they're aquiring, they'll probably surprise us shareholders that they just bought Playboy Entertainment or something. Now, not only will we be in the oil business but we'll be in the porn industry as well.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
this volume has really changed over the past few day from what it used to be i like it. what are some of you thinking about this stock any comments
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posted
Scottrade must be having a serious malfunction with their ticker... Showing a bid of .0001, an ask of .0002, but it says the last trade was at .001
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 09.06.2005 (115) days ago, when the stock price was 0.0006. Since then CSJJ has fallen -66.67% .
Are you still eager to buy? It is O. K., but patience is also a good virtue. The market is thinking to go up but still hesitant. It is better to get the buy permission from the market. Check first what happened at after hours trading and futures. Then, follow the next session very carefully.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY] Up or down the decision will come soon Buy when the bulls finally go to the moon
Today a Umbrella was formed. The long lower shadow shows the evidence for buying pressure, but the position of low price indicates that plenty of sellers still are around
-------------------- Trading is a blast!!
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posted
I dunno about this mystery company purchase that's going to put them in the green all of a sudden.
They've reversed twice before (1 for 125 in 2002 and 1 for 1200 in 2003 - check it out on pinksheets.com), and changed names 4 times in the last few years.
This is just my opinion, but it looks to me like they will reverse into a company with less shares (effectively --> a reverse split). It appears this is inline with other business moves they've made in the past.
Also, none of the following info is available since they are a pink and not voluntarily reporting:
- O/S - A/S - SEC filings - Financial statements
AND they are incorporated in Nevada.
To me, this sounds like a classic: "reverse-into-another company-that-is-listed-on-a-bigger-board-but-reverse-so-heavily-that-your-millions-of-shares-become-thousands-of-shares-and-thus-worth-a-whole-lot-less-after-they-dilute-the-new-sh ares-to-death".
Math: - 10,000,000 shares that you own * .0001 = $1000
- Your shares are now lessened, but worth the same.
- They dilute and force the pps down and you never recover your money.
BTW: So you don't think tis is all just conjecture, take a look at the pattern related to another company - PCCN on pinksheets.com. Yes, I once owned them when their ticker was PCOR. Company was PCOR in January 2005, then reverse 1-1000 and symbol change to PCLL. My 3 mil went to 3 thou instantly. The exchange of PCOR shares for PCLL shares happened Friday morning and the following Tuesday, the pps was down to 0.0036 (where I wised up, and promptly sold!). It was a nice 64% loss (one of my first trades and one heck of a learning experience).
PCOR became PCLL which became PCCN. Since I sold at my 64% loss, it reversed (1-1000) again - 3 MORE TIMES! ALL of them were 1 for 1000 reverse splits!
Here's pinksheets.com's history for them:
Capital Change=shs decreased by 1 for 100 split. Pay date=04/05/2002. Capital Change=shs decreased by 1 for 4 split. Pay date=10/07/1999. Div. 1 sh The Resourcing Solutions Group, Inc. Com for each sh Com held. Rec date=12-10-02. Pay date=3-7-03 Capital Change=shs decreased by 1 for 30 split. Effective date=3-17-03 Capital Change=shs decreased by 1 for 100 split. Effective date=2-25-04 Capital Change=shs decreased by 1 for 100 split. Effective date=9-13-04
I bought in December 2004: Capital Change=shs decreased by 1 for 1000 split. Pay date=2-25-05 Capital Change=shs decreased by 1 for 1000 split. Effective date=6-20-05
Most recent: shs decreased by 1 for 1000 split. Pay Date: 2005-10-25
If I had held, I would now own 0.000003 shares at a value of .0001 per share!!!
CSJJ looks to be following a very classic pattern to me. Be very careful with this one as it may come around and bite you instead of rewarding you.
JMHO
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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posted
Market Advisors Reaffirms Positive Outlook on Coastal Holdings, Inc. 08:30 a.m. 01/05/2006 Provided By Market Wire HOUSTON, TX, Jan 05, 2006 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (CSJJ) is pleased to announce Market Advisors has reaffirmed a positive outlook on CSJJ based on its analysis of the Company's projected growth and fundamentals. The complete, unedited analyst report appears below. JANUARY 2006 NEWS FLASH: Coastal Holdings, Inc. acquires and operates established technology companies that deliver mission critical technology solutions to a growing customer base and that are currently profitable or can be driven to profitability quickly. Gone are the days where the latest technology garners a billion dollar market-cap on thin sales and non-existent profits. Profits are crucial as without them small to mid-size companies struggle to win new business from clients who they know are in it for the long term. Joint ventures will allow Coastal Holdings to achieve its goals for rapid growth. In addition to reducing the financial requirements of expansion, market risk is significantly lessened by working with partners who already know their territory. COASTAL HOLDINGS, INC. (CSJJ) Investment Highlights
-- Technology and oil and gas stocks tend to be the best performers year after year -- Coastal Holdings could be a very successful company primarily because of an experienced management team, a proven track record and large potential market for their products or services -- Coastal HoldingS is fueling its growth by an aggressive acquisition strategy
Coastal Holdings, Inc. is a diversified holding company that seeks to invest in leading edge and viable emerging technology companies and in high-growth projects in the oil and gas industry. The company is acquiring private technology companies that possess valuable intellectual property and patents/licenses in the fields of nanotechnology and biotechnology. In addition, the company is focused on acquiring working interests in development oil wells that offer high revenue and profit potential. Management has directed the bulk of its efforts enhancing shareholder value and is doing so in our opinion. Evidence of this is supported by recent negotiations to acquire a 100% equity interest in an OTC-BB listed company. Coastal Holdings anticipates finalizing this acquisition and should have the Company's common shares listed on the OTC Bulletin Board by the end of the first quarter 2006. To get a leg up on Wall Street, good advice to follow may be to buy what Wall Street ignores. By moving to the OTC, CSJJ will become a full reporting company as opposed to non-reporting Pink Sheet Company. They will no longer be ignored. The OTC requires companies must file reports to the SEC and that means investors and institutions have access to more information and by doing so creates a great deal of information available to help build investor awareness. This is a needed move by Coastal and this is a major milestone for the company. ACQUISITIONS AND INVESTMENTS The listing of Coastal Holding's common stock on the OTC Bulletin Board will enhance their liquidity and more importantly their credibility, and enable them to expedite their pending acquisitions and mergers and better position them for future mergers and acquisitions. In particular, the Company will focus on expediting the completion of the following two acquisitions: (i) NO.3 HINES development oil well from BDT Energy Producers, Inc. and (ii) at least two Israeli high-growth technology firms that it has selected after performing due diligence on several firms in that market. Due to its location adjacent to BDT-owned and producing wells at NO.1 HINES and NO. 2 HINES, the purchase of the NO.3 HINES oil well is a low risk venture while still offering Coastal Holdings high revenue and profit potential in a well which could last for 30 years or more. Strategic investments and acquisitions like this will allow for dramatic increases in revenues, cost containment and improve overall operations. Coastal Holdings is enjoying financial strength as the company has secured commitments from several major investors who are willing to fund their acquisitions. The management team consists of technology experts and an experienced financial and marketing staff who are all committed to transforming CSJJ into a dominant, leading-edge diversified holding company. Coastal Holdings is well positioned to use its capital and management skills to evaluate new ventures, as well as implement plans for its current ventures. ANALYST -- Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have been frequently quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, The Dick Davis Digest, Moniresearch and many others. We have on staff the former editor of the Marketarian Newsletter; a nationally syndicated stock market newsletter published over twenty years. For more information please contact CEO Andrea Cortellazzi at (514) 288- 9699 or visit the Company website at www.coastalholdings.com .
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford
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