Conversion Solutions Holdings (fka CSHD)

[thehavenots]

Thehavenots: they are sort of taking it seriously
Wall Street Dude: well they should... and don't get me wrong,, this thing could trade a 2.50 tomorrow... i'm not saying its going to zero... but it WILL go there.
Wall Street Dude: its just simply not real.
Wall Street Dude: they are trying to jam everyone up at DTC, and effect a short squeeze
Wall Street Dude: unfortunatly for them their exit strategy is to sell it all at 1.12
Wall Street Dude: so they take there 3 mil and run
Wall Street Dude: their i mean
Wall Street Dude: and ty for not giving up my name.
Wall Street Dude: and if they get away with it i will be surprised and amazed.
Wall Street Dude: but hey, they might.
Wall Street Dude: they are also (this is important) forgetting about how CNS works.
Wall Street Dude: CNS is 'continuous net settlement'
Wall Street Dude: if a market maker is naked short the stock, he stands to get bought in. HOWEVER, if the position changes at all,,, i.e. less short, more short... then there is a 3 day process all over again to buy him in.
Wall Street Dude: so in the words of my favorite boss 17 years ago... "UPDATE YOUR FAIL TO DELIVER BOY!" (in other words, just buy and sell 100 shares)
Wall Street Dude: and don't ever forget that market makers are just in it to make money just like the longs/shorts are... if a stock is going up, a market maker wants to be long...and visa versa.
Wall Street Dude: also a market maker is given word of an imminent buy in before it happens.
Wall Street Dude: in very rare cases a short squeeze can happen, but its even more rare that it happens with a company with 62 million shares out, (175 million if you read the filings, but i haven't looked into that), because there is an old addage at investment banking firms... "there is always a seller"
Wall Street Dude: and it seems in this case its the previous owners of Furia corp.