The stock was hanging out at $12.00. There were sh
Post# of 5282
Many penny players do not have as much money as they would like to have. Many penny players like yourself have stock they have spent a fortune on and as the price kept falling they kept buying. PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. PEOPLE BUY A STOCK THAT IS GOING UP AND RUSH TO TELL THEIR FRIENDS. Penny players refuse to fund their account until they must. Then what ever happens does not happen for three days. Let's remember that three day thing.
On 08/20/2013 you bought 100 shares at $28.49. The stock went from a last of $12.00 to $28.49 in a day.
Many ran to fund their account. I got many phone calls with people asking me how they could get in. This stock was on the way up big time. Many were excited. PEOPLE BUY GOING UP.
Two days later 100 shares were offered for $24.95 and were purchased before the three day wait was up. The stock was shorted that 100 and the same 100 was sold a few days later to bring the stock down to $20.00. The stock people were excited about became a stock that was going down in price. PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN.
NOW YOU WANT A FORWARD SPLIT TO MAKE MORE SHARES AVAILABLE. The more shares available the more likely of a try for a fire sale. If you think about your recent past history you will understand a fire sale. I have set aside funds to prevent a fire sale that I do not think will be tried anyhow. With what ever funds I have before spending my reserves I will continue to buy. This month I will try for shares at $20.00 to $30.00.
Please, Please If you do not understand what I have written Please read it again.
Now that I have said it none of it matters. TelVue wins no matter who tries to do what. People who are not trying for cheap shares are wrong.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.