For those of you who have been a party to the penn
Post# of 5282
When you lose money in Vegas they give the suckers a winner once in awhile. It's the only advertisement that brings them back looking for the big win. Until now the only win in the penny market was in the very early years before shares were shorted up the wazoo. I go way back so I do remember a very young man in my town who made millions in the penny market and moved on. If you picked a winner you won big IN THE OLD DAYS. Then came shorty and his nonsense.
Many picked a company and so did shorty. He shorted shares of stock saying he would pay it all back when the company went belly up and it was cheap to buy shares back. Hundreds and hundreds of companies were sent to the scrap pile because if it looked like a company shorty stepped in to sell the company short and take the stock price down. He sent his cronies to the talk boards to scare people away. He did everything he could do to make the company look bad.
There it is. You heard it all.
PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. PEOPLE RUN TO BUY A STOCK THAT IS GOING UP AND THEY TELL THEIR FRIENDS TO BUY IT TOO.
Mind control 101. If I want to get you to buy a stock all I need do is let it go up awhile. "Hey it's going up. Let's buy it". If I change my mind and do not wish you to buy I change the stock price. It's easy. All I need do is buy 100 at market. Lets say $15.00 and then sell it for $6.00.
TelVue has won this sick game where millions and millions are stolen from senile citizens everyday.
HOLD EVERY SHARE YOU OWN. DON'T OWN ANY ? PRAY THEY TAKE IT DOWN AND BUY SOME CHEAP.
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Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.