Replies to post #21627 on Conversion Solutions Holdings (fka CSHD)

[liable]

Thanks for talking sense on this board, I was beginning to think there wasn't much around.

[biphase]

Question for the board: Suppose, for example, on Monday morning they attempted to open trading at the "new" value of $15. Wouldn't they have to execute all good-till-cancelled sells at limit prices less than $15 BEFORE it can sell at $15?
If so, this $7.21 ASK might be a strategy to insure your order is executed BEFORE the mad rush for the exit at $15. I wouldn't expect the $15 price to hold for more than the 15 nanoseconds it takes everyone to hit the SELL button. Sort of like everyone in the country flushing their toilets simultaneously.