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Re: Charlie48 post# 73527

Wednesday, 09/13/2006 5:19:55 PM

Wednesday, September 13, 2006 5:19:55 PM

Post# of 169278
Here's something interesting about the 144 filers.

http://finance.yahoo.com/q/it?s=CSHD.OB

In the value column you will notice a cash value with a little (1). Now head down to the footnote and you will see that it relates to "1 = Potential proceeds estimated by the filer."

Once doing the math on each filing, I noticed that most of these filers expected to sell their shares at or around $1, with the most recent filer, Darrell Lunsford expecting to sell his shares just under $1.20....
I found this interesting, as CSHD hasn't traded that high in quite some time, so this is an obvious forward looking prediction on his part.
This tell me that those previous 144 filers have most likely sold, as their potential proceed estimates would have been met. It also tells me that the "potential proceeds estimates" are not automatic calculations done on the date of the filing in relation to the stock price. It seems that each filer individually stated what they expected to sell their stock for. I don't see any of them holding out for the magic reset, do you?
So for those who are speculating that some of the holders of these restricted shares filed a month and a half early for the hell of it, I suggest you look a little deeper.

This is my last post of the day so I won't be able to respond to any comments, however, I would like to congratulate everyone for sticking it out. The merger is done, that is what you were all waiting for. How does it feel to be an instant multi millionare?


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