Posted On: 06/05/2014 5:33:53 AM
Post# of 5282
Let's just suppose I offered to pay $30.00 per share for 5 shares of TelVue. Now why would anyone wish to do something simple minded as that ?? In knowledge there is strength and truth,
The market makers job is to sell shares or buy shares if there are any to buy. If I offer $30.00 per share and there are shares for $2.00 then they are mine and I will receive a fill. If there are no shares at $anywhere before or at $30.00 I will receive none.
So again if I offer $30.00 per share and there are shares at $16.00 I will get a fill. A chump change $150.00 gives you first hand knowledge of where the shares are. If anyone wishes to take it down that's good too. They sell you shares at $10.00 then you try it again. You don't lose because you either get filled or you don't spend your money.
If someone were to offer $30 for 5 shares this morning my guess is they would get shares at somewhere near $18.00 but we will see.
If your not interested and want to wait till the price is $300.00 then that's OK too.
IF YOU DON'T THEN I WILL YOUNEVER CAN TELL
WE MAY NOT EVEN NEED A MEETING
The market makers job is to sell shares or buy shares if there are any to buy. If I offer $30.00 per share and there are shares for $2.00 then they are mine and I will receive a fill. If there are no shares at $anywhere before or at $30.00 I will receive none.
So again if I offer $30.00 per share and there are shares at $16.00 I will get a fill. A chump change $150.00 gives you first hand knowledge of where the shares are. If anyone wishes to take it down that's good too. They sell you shares at $10.00 then you try it again. You don't lose because you either get filled or you don't spend your money.
If someone were to offer $30 for 5 shares this morning my guess is they would get shares at somewhere near $18.00 but we will see.
If your not interested and want to wait till the price is $300.00 then that's OK too.
IF YOU DON'T THEN I WILL YOUNEVER CAN TELL
WE MAY NOT EVEN NEED A MEETING
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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.
