Conversion Solutions Holdings (fka CSHD)

[The Real Deal]

OT: Sammy, do you make good money on penny stocks? I do not play the pennies. I find them to be too risky although I am trying to understand the penny market as I believe you can make good money if you can time your entry and exit points well.

I think this is a good time to look for shorts or puts on the NYSE or Nasdaq. The market, in my opinion, is about to correct 10% or so off the recent highs.

I recently bought puts on the QQQQ and am studying some other stocks that are looking weak.

I believe you don't fight the trend. Right now the trend looks to be heading down to me. When it finds support and the uptrend resumes then I would cover shorts and go long.