posted
Coastal Holdings, Inc. Sets Record Date of Forward Stock Split
HOUSTON, TX -- (MARKET WIRE) -- 06/01/06 -- Coastal Holdings, Inc. (PINKSHEETS: CSJJ), today announced that it will provide notice by the end of the day to the NASDAQ Stock Market of the forward stock split. Stockholders of record on June 15, 2006 will be entitled to one hundred and fifty (150) shares of common stock for each share of common stock held on that date. The forward stock split will be effective on or about June 23, 2006, at which time the additional shares in certificate form will be mailed directly to shareholders without action on their part.
posted
What I would like to see is how CSJJ's statement of "Their price target of $0.06 indicates a strong short-term outlook." works into all this. No mention of this.....Hmmmmmmmmmmmmmmm!
Posts: 224 | From: Denver | Registered: Feb 2006
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quote:Originally posted by cool running: What I would like to see is how CSJJ's statement of "Their price target of $0.06 indicates a strong short-term outlook." works into all this. No mention of this.....Hmmmmmmmmmmmmmmm!
I'm sure there is more news to come!
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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quote:Originally posted by madOIL: what do u think the price will be after the split? .00000001?
.0001 is the lowest quoted price allowed on the pinks!
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
I wonder if Andrea is going to mail out all those certificates or if it will be his staff. Posts: 224 | From: Denver | Registered: Feb 2006
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quote:Originally posted by cool running: I wonder if Andrea is going to mail out all those certificates or if it will be his staff.
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
There was lots of sell in the recent days...some people lost patience. Now that they officially announced the date, we should see a nice reversal.
We need to get those MM on bids back and ask wall should fall as sentiment goes more positive.
posted
The bid is building at .0001 and number of MM's at the ask is dropping at .0002
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
20 million share dump at .0001 L2 still 7 x 9
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
Will these shares show up in my etrade account? What's the scoop with these certificates?
Posts: 871 | From: New York, NY | Registered: May 2005
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posted
I see a few promising .0001 stocks, JMCP, AWBV, CSJJ...As for CSJJ, any reason to not buy at .0001 here? Seems like it will run up a bit in the next 2 weeks...thoughts?
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
so, i have a question, i have a million shares for 100 bucks......will the value of my hundred bucks go up 150 times? help please
Posts: 59 | Registered: Mar 2006
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posted
If you have 1M shares, you get 150M after the split.
The price usually goes down accordingly except that, in this case, it's already almost at bottom cause you get go lower than .00001 (but impossible to see with regular L2 software).
It's the first time I see a stocks so low doing a forward split. As I'm concern, the momo to the FS date is more important than the shares I'll get after.
No matter how it moves going there, I'll keep some just to see if I can sell them all at .0001 after for a very nice % return.
quote:Originally posted by Malloy: Lots of nice buys all afternoon.
JEFF and UBSS have been on bid all day...might see a shift on L2 at opening.
Yea, it's good to see JEFF on the bid all afternoon, they're not a retail MM
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
Vice President Bush refered to this as something economics....Anyone....Anyone...Anyone..... Posts: 224 | From: Denver | Registered: Feb 2006
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quote:Originally posted by syracuseO: Hey Peaser01....
If you think Andree at Coastal Holding will mail out certificates for 150 Billion++ shares, then good luck to you.
If this is so positive, and, there are over 680 mil shares traded so far today, the price doesn't budge above .0002 ??
Anyone?
Has anyone tried to sell there shares, bought at .0001 for .0002 for 100% profit ??
Anyone?
Now come on O, you get a certificate (1) stating the # of shares you own.
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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posted
Ok...just a tad bit confused here. So if you bought one million shares for let's say $100, then after the split you would have 150 million shares valued at $15,000 if you were able to sell at .0001. Now I know you prolly will never be able to sell them,lol, but does that just seem a little too fairy taleish to anyone else???
And besides that, if each million shares bought would become 150 million, and at this price over the next couple weeks I'm sure there will be a ton of buys, wouldn't the total number of shares out there end up possibally breaking records, lol....I mean there could be over a trillion shares. My calculator broke when I tryed figuring it out based on just 100 mil being owned.
Can someone please fill me in here, lol.
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
Andrea is not going to be sitting around in his office filling investor certificates. Heck this dudes made enough money off of us to hire some company to do it for him. He might even hire some high schools kids to do it durring their summer break. It will be MY luck that when this split does take place and it will, he'll be sipping Pina Coladas on a beach in the Caymans thinking about his next exploit. I didn't spend much on this stock, maybe $100, but I piss away that much in an hour when I go to Vegas. All these sub pennies are a gamble and the house has the edge. Sometimes you hit on one, more often not. Posts: 224 | From: Denver | Registered: Feb 2006
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posted
I have held 2000 shares of CSJJ that I recieved as a divy from A.C.'s last little scam (I think it was CDVJ/PAVP) for a year and a half now, and I still can't trade em...go figure. Good Luck here guys but good ole A.C. isn't getting another dime of my money. He will tell you what you want to hear though...too bad it is always a lie...
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
This isn't really similar to the GVRP play. What made that play special was the fact that there was without a doubt a HUGE short position due to company insiders selling shares they didn't have.
When GVRP had an ask of .0001 there was a great incentive for those that were short to buy up the shares. It turned into a very profitable situation for some people who had Ameritrade accounts.
Posts: 3 | Registered: Dec 2005
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