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Strategies & Market Trends : Conversion Solutions Holdings Corp. - A Scam? -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (615)8/27/2006 7:23:31 PM
From: Done, gone.  Respond to of 4624
 
Which part needs demonstration?



To: peter michaelson who wrote (615)8/27/2006 7:27:30 PM
From: scion  Respond to of 4624
 
It depends on whether or not the SEC is paying any attention to complaints.

Is there any purpose in demonstrating that CSHD is a scam?

It's the ever-increasing cast of characters involved in the charade that I find interesting.



To: peter michaelson who wrote (615)8/27/2006 8:03:34 PM
From: anniebonny  Respond to of 4624
 
PURPOSE Yes for the EXERCISE - as in Exercise in Futility.
not to mention validating how smart we all all! LOL!



To: peter michaelson who wrote (615)8/28/2006 8:04:08 AM
From: SI Bob  Respond to of 4624
 
Sadly, not really. There will be a large number of people flushed out of the market because they put all of their eggs into a rotted-out basket, a few will wise up only to later be called "bashers" when they see the inevitable next story that's too good to be true or believed and mention their past mistake, and a few desperate hopefuls will stick around trying to get answers from long-gone touts.

I think the closest thing to a "benefit" that can possibly happen is that one can hope that the nastier and most intentionally misleading of the touts will lose a lot of money, but that doesn't usually happen. It doesn't take a rocket scientist to figure out that when someone's trying really hard to get you to buy or at least not sell something, it's usually because they're selling it.

Fortunately, the thing was trading at a fraction of the current price not too long ago, so hopefully a lot of people will be able to get out relatively unscathed when/if they realize they need to.

Personally, I check in on it occasionally for entertainment purposes. Like finding out from the CEO that the "reset" price is now $54 rather than $15. Slacker. If you can set your stock's price at your whim, think GOOG. "Reset" it at $400 per share. Don't think Berkshire. That's just greedy. And a million:1 RS is a bit more difficult a sell as "a good thing".

But the main reason I watch it is it's so much like watching a play I've seen dozens of times, but with different actors, and occasionally someone will goof their line or improv something novel, but in the end, the butler still did it.

And when the curtain comes back up, there's nobody on the stage to take another bow save for the occasional peanut gallery inhabitant.