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


To: anniebonny who wrote (770)9/4/2006 9:27:56 AM
From: StockOp  Read Replies (1) | Respond to of 4624
 
Well first off I originally bought in to Fhal on rumors of the logging contract, which never panned out. At that time I believe the stock was .09. Then the merger was announced and it made that huge run, I sold off most of my position somewhere near the top, 1.36. So I already made a large profit on this.But now at these prices, sub $1 i still see this as an undervalued stock. A reset of $15-$54 dollars? Unlikely, even if it did it can't sustain these prices. But with the current bonds in the works, even if they can pull off just 1 or 2 of them and get them on the 10k, I think this stock could easily make $2.00. So to round it off, I'm not a sucker who is holding out for $15, would be great, but I doubt it. I'm the smart guy who is looking for another %100 return at this level. Which I think if you guys read the 8k throughly, don't even worry about all these other bonds, will see is very acheivable on release of the 10k. Just because you think the ceo is lying to people doesn't mean you still can't take advantage a make a smart investment yourselves to make a little cash, just let the other people be the ones to hold out for $54.