For the sake of argument let's say there is not one share
For the sake of argument let's say there is not one share of TelVue short. Let's also imagine I know what I'm doing in the penny market and have tons and tons of money and am looking to make more. One thing that would be great for me would be a company that fly's under the radar and has put together a fabulous empire with all the best customers and that's selling the worlds greatest products. The asking price is sometimes $50.00 and sometimes $100.00. I'd like to own many shares. If I start to buy at $50.00 and $100.00 the price will start to sky rocket.
PEOPLE RUN TO BUY A STOCK THAT IS GOING UP.
Let's try this. There are small lots available at all different prices and if I buy under 100 it's a secret. I can sneak around and buy what I want. I don't care what it costs because first I have boat loads of money and second I spend money to make money. If I order one share at $50.00 when the ask is $50.00 and I receive one share at $22.00 I then order anything under 100 at $22.00.
If you think I am accumulating to hold like normal investors you would be wrong. I'm getting together a few 100 share lots to control your mind.
If the last is $20.00 and there are no bids except the one at $15.00 I take the share price down. I shake the trees and if nothing falls out I do it again. With the situation TelVue is in today all I have to do is buy 100 at $15.00 and I do two things. I get 100 really cheap shares and I take the stock price down.
The only thing wrong with this great master plan is we are TelVue people. We have earned what we own. We are holding what we have and we are adding when we can.
PEOPLE WHO OWN TELVUE SHARES DO NOT SELL THEM AT THESE PRICES.
WANT TO BUY MANY SHARES SO YOU CAN MAKE A FORTUNE THEN PAY THE ASK .
Telvue Corp (TEVE) Stock Research Links
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.
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