Penny Stock Signals Alert Forum

[Eric]

I predict a monster profit being posted from you soon off of this green wall that was generated today.

[Penny Stock Signals]

. You will see it later today. Unfortunately I locked in profit of 2/3 of my holdings earlier today.

[Penny Stock Signals]

Gap or dip tomorrow, there are definitely enough eyes on this one to make some more profits.

[Eric]

More profits may be an understatement; have you seen section 2.6 of the 8-k?
http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmergersigned.htm

2.6 AVERAGE CLOSING PRICE ADJUSTMENT.

       In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.

There's a strong implication that this will see $15/share.

[Penny Stock Signals]

Yes. I am definitely holding on to my shares i got at .162. Also playing the dips.

[DaFloorGuy]

Nice call here, watched it hit $1.50 or so today...way back down now though.

[Penny Stock Signals]

I don't think the run is over yet. I bought some when it dipped back below $1 at .93. I think it will gap tomorrow at the least.

[Eric]

The downturn today was healthy; it had no breathing room from around .70 to 1.5.  I was expecting a haircut, but having it drop that much was probably due to a panic-selling snowball after profits were starting to get taken.   

Regardless today was still an up day. 

Although not as much UP as PAIV   

[rchilton090]

i am extermly new to this. i read 2.6 of the 8K.  Could this really hit $15 a share.

[Penny Stock Signals]

"Upon the S-4 registration of the CVSU shares received through the merger agreement, the company will have 3 options at hand.

1.) If the Market Closing Price on the Completion date exceeds $15.00 (Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU) may option to maintain that days Market Closing Price.

2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price.

3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders."

There is a high upside potential, and it looks as though the new ticker CVSU will start at 15.0, but that doesn't leave out the possibility of the stock tanking.

[rchilton090]

is there a deadline for these options?

[Penny Stock Signals]

There is no way of telling what will happen, but the upside potential on this merge is mind blowing. If you made a profit on FHAL, why not keep some freebies in and let it ride?

[rchilton090]

what happened to FHAL today?

[Penny Stock Signals]

Trying to figure that out.

[Penny Stock Signals]

It appears that the MN1.com people who interviewed Rufus, the CEO from FHAL held an overall unorganized interview and may have bashed the stock.

This price dip will provide for some nice entry points.