Posted On: 04/18/2014 1:43:14 PM
Post# of 5282
How to take a stock to penny-land. There is no secret here. If there is it won’t be secret long. The first thing you need is a lot of shares of the stock issue. Let’s say TelVue is trading at 2 cents as they were 15 years ago. You buy 10,000 shares for $200.00 and every time you find $200.00 lying around you buy 10,000 more. After awhile you have a lot of shares. Now come the rules.
RULE 1. PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. PEOPLE RUN TO SELL A STOCK THAT IS GOING DOWN.
HUMAN NATURE. DON’T ASK ME WHY. GOING DOWN IS CHEAPER BUT THEY DON’T BUY.
RULE 2. PEOPLE RUN TO BUY A STOCK THAT IS GOING UP. HUMAN NATURE. DON’T ASK ME WHY. GOING UP IS MORE EXPENSIVE.
PEOPLE RUN TO TELL THEIR FRIENDS WHEN A STOCK IS GOING UP.
RULE 3. THIS LAST RULE WAS ADDED BY MYSELF ABOUT 13 YEARS AGO.
PEOPLE WHO OWN TELVUE STOCK DO NOT SELL. THEY HOLD FOR THE BIG PRIZE.
So with any other stock except TelVue someone sells a few and takes it down. People sell a falling stock and more sell.
Sell some more and you have a fire sale. No one buying and every one trying to cell
”BEFORE I LOSE IT ALL “. Now that’s the expression that has always made me chuckle.
With any other stock you can make a penny stock out of it. Everyone except TelVue.
WHY NOT TELVUE. PLEASE REFER TO RULE THREE.
RULE 1. PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. PEOPLE RUN TO SELL A STOCK THAT IS GOING DOWN.
HUMAN NATURE. DON’T ASK ME WHY. GOING DOWN IS CHEAPER BUT THEY DON’T BUY.
RULE 2. PEOPLE RUN TO BUY A STOCK THAT IS GOING UP. HUMAN NATURE. DON’T ASK ME WHY. GOING UP IS MORE EXPENSIVE.
PEOPLE RUN TO TELL THEIR FRIENDS WHEN A STOCK IS GOING UP.
RULE 3. THIS LAST RULE WAS ADDED BY MYSELF ABOUT 13 YEARS AGO.
PEOPLE WHO OWN TELVUE STOCK DO NOT SELL. THEY HOLD FOR THE BIG PRIZE.
So with any other stock except TelVue someone sells a few and takes it down. People sell a falling stock and more sell.
Sell some more and you have a fire sale. No one buying and every one trying to cell
”BEFORE I LOSE IT ALL “. Now that’s the expression that has always made me chuckle.
With any other stock you can make a penny stock out of it. Everyone except TelVue.
WHY NOT TELVUE. PLEASE REFER TO RULE THREE.
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Holding TelVue shares has made it the billion dollar bomb shell it is.
There is no limit to the loss of someone has been caught in a short squeeze.
There is no limit to the loss of someone has been caught in a short squeeze.
