Replies to post #71873 on Conversion Solutions Holdings (fka CSHD)

[bluediamonds]

Ameritrade did the same thing to PAIV, which turned out being a 20+ Bagger because of short covering.

FWIW:

Posted by: rookiecrd1
In reply to: Purl Gurl who wrote msg# 70543 Date:9/9/2006 9:56:51 AM
Post #of 70544

Wrong, Ameritrade did the same thing to PAIV, which turned out being a 20+ Bagger because of short covering.

Ameritrade saw the 8k filing before the rest of us and thus decided to limit buying so that they could cover all there shorts and so that the price doesn;t go up too much after the public release of the last 8k. They also made selling commision free. They need shares as cheap as they can get, as quickly as they can get them, plain and simple.


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