posted
What i the heck is going on, all non-pumping post on i hub are getting deleted and I can't find the HSM thread, this stock is a massive fiasco tonite. Major haircut for CSHD in the AM. ARggggg!
IP: Logged |
posted August 16, 2006 09:58 -------------------------------------------------------------------------------- Remember a couple weeks ago when I said that it could go for the .60 level.....I think we are gunna see it ....Support today around .62.....
Man this pizzez me off!!! __________________________________________________
I didn't mean it!!!!!
What a biotch!!! Sorry gang!! I'll keep my thoughts to myself from now on....
Truth is ..... Support was breached..... I will rip the charts up in a bit and toss a thought out at ya.... (for what it's worth)
I'll be back in a bit....I hope..
God! I hate commin home to see this much carnage.. Especially when I saw it commin'...
IP: Logged |
quote:Originally posted by dog: P Rowds . . . is it your understanding that a quiet period does not apply here due to the reverse merger status?
not too sure dog, but i was going to post and clarify that this isn't an IPO... so not all those rules will apply. however, someone brought up that they are sure his lawyer would want him quiet and i believe that too be true. if you think about it, when this first started... rufus was spewing out information... now that this is getting down to the wire, i can definately foresee rufus not saying too much just to cover his ass. i do agree that shareholders need to be "in the know" but, i don't agree shareholders need a PR everytime a price drops stating, "it's ok, everything will be alright." we should all know that things take time but i am definately watching close and almost exited today... with shaky ppl on board, god knows how low this may go IMO. However, as rufus stated... he doesn't care what the pps is at before the reset... so i guess thats food for thought...
I'd prefer silence to "it's ok..everythings alright".
That's the kiss before getting fu****.
It only pacifies the simple minded... gimme the 10K in the next week....
posted
Yea dog, thats what i was trying to say earlier. Im tired of the same old spoon fed unofficial information that has been thrown our way to appease us temporarily. If they dont have concrete news then they should just hold off til they do.
IP: Logged |
quote: o, tell me this: Why in the HELL would the CEO of a company buy back a bunch of shares for YOUR BENEFIT and give YOU a free ride to hundreds of thousands or even millions without you even lifting so much as a finger in support?????? Not a very Capitalistic ideology, is it?
Get a damn clue, people.
Ok, i'm done.
Because they can dilute at 15.00 and make 1500% more than diluting at .50.
IP: Logged |
posted
Hey CAT... I would just shut up, then put up... I think Rufus warned us that it's going to get bumpy.
I don't see how these guys made any money out of this deal so far... the monster pay off is in the backend for them. They can't just cash the bond and run off to the Caymen's like people are alluding to.
posted
Agreed. I think the methods of them "getting paid and running off" have been beatin to death. I havent seen one good explaination as to how they made out on this deal thus far.
IP: Logged |
quote:Originally posted by atomictraders: What i the heck is going on, all non-pumping post on i hub are getting deleted and I can't find the HSM thread, this stock is a massive fiasco tonite. Major haircut for CSHD in the AM. ARggggg!
could it be because it's all nonsense posting... i rarely see a good post quoted here with good DD...
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN?
IP: Logged |
posted
and for all those that claim rufus isn't sticking to his word.... i do remember hearing an interview from him saying, something on the lines, well who knows... maybe we won't even release the 10k before the ticker change. maybe we'll do it afterword. sooooo, that knocks that out. Remember... i could be wrong, but i do remember him saying that.... i think...
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN?
IP: Logged |
posted
Hey where's BB? She always seems to dig up something juicy. Maybe we should send her down to Georgia as an emissary. I'm sure Rufus would at least say "Howdy".
quote:Originally posted by Absolut_Swing: Wait, one last thing:
In our society, we adore and put on a pedestal the idea of Capitalism. Most people here are Republican Conservatives who live by Capitalism as your main religion. Capitalism is beautiful because a person can attain independent wealth by working hard for themselves and earning their way into independence. No Capitalist wants to give someone else a free ride. Capitalists hate taxes! They hate legislation that requires them to pay welfare or support or equal wages to lowly workers making minimum wage. Capitalism is all about greed! Right??
So, tell me this: Why in the HELL would the CEO of a company buy back a bunch of shares for YOUR BENEFIT and give YOU a free ride to hundreds of thousands or even millions without you even lifting so much as a finger in support?????? Not a very Capitalistic ideology, is it?
Get a damn clue, people.
Ok, i'm done.
hahahaahahahhahah...you would be very surpised here....clearly you do not read here enough.
-------------------- - "Pay it Forward"
IP: Logged |
posted
alright, i'm going to the gym... i'll check back in later tonight. you guys have fun and good luck to us all tomorrow... (pretty sure we'll need it)
oh, i do hope everyone *does* have an exit plan... i'm fortunate, got in early, just losing profits so not a big deal to me. but i'm seeing alot of "reassurement" by others... you don't want to end up making premature accusations like txprincess... i know most of you know this, but just afraid some are "falling in love" with the stock... thats all
-------------------- NDOL(well before the crash)FPPL BLDV CSHD WWEN?
IP: Logged |
posted
PR is right with the exit plan...unlike IHUB I see most here prepare....because all the old timers and some of the newer drum it in to you from the start.
-------------------- - "Pay it Forward"
IP: Logged |
posted
I bought 300$ worth as a gamble, thinking it would go down quite a bit if no news. I figured I was in enough to make good money if it opened at 15$.
Now I can buy more and have the same potential. I am learning a little at a time.
posted
hey dog im here. had a lot of catching up to do!!!
johnny's is my favorite post that ive read. it kinda says it all to the panic-y bunch.
isnt txprincess the chick that mortgaged her house to invest? if i remember correctly.
sounds like the iHub popular clique got a room. it reminds me of school. silly.
Question: if only people that suffered losses are allowed into the palTalk room tonite... how do they prove it? sillllllyz!
absolut must be a teacher, what with the grammatical fanaticism and all.
well, that was kind of a waste of time, so long story short...
nothing happened today eh?
maumee, whats the report? let's remember most news for this company comes on fridays.
~BB
quote:Originally posted by JohnnyRotten:
quote: o, tell me this: Why in the HELL would the CEO of a company buy back a bunch of shares for YOUR BENEFIT and give YOU a free ride to hundreds of thousands or even millions without you even lifting so much as a finger in support?????? Not a very Capitalistic ideology, is it?
Get a damn clue, people.
Ok, i'm done.
Because they can dilute at 15.00 and make 1500% more than diluting at .50.
posted
So, am i understanding this right? Some folks created a private room to discuss their losses and attempted to invite Rufus to the room?!! Riiiiiiiight
IP: Logged |
posted
My only post from Monday: Okay, I've been reading the posts on this for a while. I've got some issues. First, I am holding CSHD. I would like someone to explain to me how all of the sudden the price will be "reset" to $15 a share. I'm not a trading expert, but that sounds like a reverse spilt. But that is not what is being talked about here. We are talking about a merger where once the company halts trading they will then "reset" the price to $15 pps. That would be awesome we will all make at least 15x our investment. Too good to be true, I argue yes. Then there is the talk about the shorts forced to cover to make it an even more spectacular play, doubtfull. If this were really going to happen wouldnt the big guys be all over this? Why would they just leave all of that pps gain to us penny investors? Maybe their was no issue with selling CSHD in the past couple of days (you know the talk about being cought in a short position if you sold). Maybe the people who were posting that were trying to keep people from selling. Please let me know where I am mistaken. Oh and none of that "come on people what so hard to understand" or "now you starting to get it" crap! Price prediction (remember I'm long) .57 pps 9.1.06
Too bad my average pps is .87 should have listened to myself. It looks like it may all be true!
IP: Logged |
quote:Originally posted by atomictraders: What i the heck is going on, all non-pumping post on i hub are getting deleted and I can't find the HSM thread, this stock is a massive fiasco tonite. Major haircut for CSHD in the AM. ARggggg!
It's not the stock that is a massive fiasco it's some of the people posting about it. Massive bashing and personal insults are what closes threads. CSHD was not the first thread ever closed on HSM. They usually send them to something called the Twilight Zone so that moderators don't have to spend all their time cleaning it up.
As far as Rufus talking, what can he say that hasn't already been said. The last time Rufus and Ben spoke they said the 10K would PROBABLY be out the end of this week. They also said that they would not divulge anything as to an exact time or date. The inference was so as not to give (naked) short positions the advantage of knowing when. This was said right after they had discussed the fact that the DTC did not have any certificates for the new symbol so how were any shares trading.
It has also been stated many times that this is NOT an IPO and those rules do not apply. The basis, for the reset from my understanding is the reorganization which will add assets to the stock and therefore increase it's value. Can this be done? Many say no. Yet Rufus, Ben and their Attorney have said yes. Before any possible reset can occur the 10K followed by the SB4 must be filed.
There is a lot we don't know. There is a lot we do know. Extensive DD has been done by many individuals. No one enjoys seeing a PPS decline and it does create a sense of panic. Those who feel this is too risky should consider selling their positions. Those that feel the Reward is worth the risk will probably hold.
posted
This is a great read for folks that are having a rough time with the idea of Reverse Mergers. Its amazing how many quesitons ive had or seen the past few weeks that are answered here.
Anyway, i think ill store this one in my favorites........
EDIT : Here are two significant paragraphs. Did someone post this site before? It looks familiar to me now
Tax Implications & Initial Share Price
Almost all Reverse Mergers take advantage of the tax free, stock-for-stock reorganization provision of the Internal Revenue code. Capital gains tax is paid when the individual shareholder sells the stock in the public stock market (usually after the minimum one year holding period for control persons). That is, the shareholders of the newly merged company do not recognize a capital gain until after they sell the stock, even though the stock may have a much greater value after the merger is complete. The timing of the stock sales can be determined by each individual investor to suit their investment or tax consequences.
Once a Reverse Merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, can determine the initial price for the stock. Perceived value, track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management's ability to relate the company's potential to investors are of key importance. Ultimately, the public market acceptance of the company will determine the market price for the stock.
IP: Logged |
posted
mr engineer, about 2 weeks ago tex and myself posted irs code 368 and other links that stated that the BOOK VALUE of the pps could be reset after audit, NOT THE MARKET PRICE. the irs could care less about the market value of a firms stock on their tax returns or financial statements. but what do we know? its probably around page 40 of this thread. feel sorry for the longs but experiences like this made me a day flipper. GLTA
-------------------- I'm from Missouri - Show Me!
IP: Logged |
posted
hey dog what's shakin man? you are right. profits and/or losses on sales of stock are recognized for tax purposes when the stock is actually sold.
-------------------- I'm from Missouri - Show Me!
IP: Logged |
quote:Originally posted by 66inxs: mr engineer, about 2 weeks ago tex and myself posted irs code 368 and other links that stated that the BOOK VALUE of the pps could be reset after audit, NOT THE MARKET PRICE. the irs could care less about the market value of a firms stock on their tax returns or financial statements. but what do we know? its probably around page 40 of this thread. feel sorry for the longs but experiences like this made me a day flipper. GLTA
If you had actually read what Ciatta posted? Please reread this part.
Once a Reverse Merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, can determine the initial price for the stock. Perceived value, track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management's ability to relate the company's potential to investors are of key importance. Ultimately, the public market acceptance of the company will determine the market price for the stock
IP: Logged |
posted
i understand what you are saying wallymac. except the stock in already being traded.
Ultimately, the public market acceptance of the company will determine the market price for the stock
this has already been done as the pps as actually traded is something like .598 per share. that is what i get out of ciatta's post. the initial price was when chsd opened forr trading imho.
glassman also had a point that even if a mm trades one share at 15.00, that has been meant. also keep in mind that fhal became cvsu became chsd.
very interesting play. many valid observations. however, the final proof is the pps of the stock.
-------------------- I'm from Missouri - Show Me!
IP: Logged |
quote:Originally posted by 66inxs: i understand what you are saying wallymac. except the stock in already being traded.
Ultimately, the public market acceptance of the company will determine the market price for the stock
this has already been done as the pps as actually traded is something like .598 per share. that is what i get out of ciatta's post. the initial price was when chsd opened forr trading imho.
glassman also had a point that even if a mm trades one share at 15.00, that has been meant. also keep in mind that fhal became cvsu became chsd.
very interesting play. many valid observations. however, the final proof is the pps of the stock.
This is, of course, if the reverse merger is indeed "complete". I believe that we are currently in the process of a merger and when its complete, the share price will be reviewed.
Then again, im not sure what constitues a "complete" merger. Isnt that why we are waiting on these filings? The merger isnt complete without them correct?
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Razz]](tongue.gif)
![[Smile]](smile.gif)
