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Re: Jmoove post# 6211

Thursday, 07/20/2006 10:17:48 PM

Thursday, July 20, 2006 10:17:48 PM

Post# of 169275
Be careful.. just because a company opens at $15 doesn't necessarily mean it will go up (or go up immediately in this case)... if it is true that the company owns most of the float then it is likely (and I do stress likely) that the stock will not plummet down to rediculously low levels. The only scenario I think this will happen is if there is no interest in buying this stock and MM's walk it down to some arbitrarly price level. However, you can expect that a lot of people will be trying to unload their shares once it hits around the $15 mark as many people here bought (and probably will be buying) up shares just to unload it when it does hit the dollar range to get the quick profit.
However, if Rufus was able to convince CVSU investors to take a hit with their shares and it is going on the NASDAQ.. you can bet that eventually this stock will stabilize to some level, especially if the military contracts prove to pan out, and may go up in the long run or even in the short run depending on who than can convince to invest in their stock.
But again, I suspect that many people will unload (and they will even unload a lot before the merger if the stock goes up between now and then).

Again, this is only just speculation... I could be all wrong about this... worst case scenario if you are scared is to take the short term profit between now and the merger, assuming there is one (imo).

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