So you think $10,000.00 per share is impossible ?? Don't bet your life and give me one minute to explain.
You handle a hedge fund with railroad cars of 100 dollar bills stacked to the roof. You have been taking money from senile citizens for years by legal shorting and taking companies in to bankruptcy. Why would a zillion dollar hedge fund fool with little old TelVue. Because they short every stock in the poorly regulated OTC market.
That's where the zillions come from. They take the share price down. People don't buy going down. The company has no income from stock. The company goes bankrupt. The shorter never has to cover and moves on to the next company to ruin.
So why don't they do that with TelVue ?? Because they can't. You refuse to sell. The company does not need money from stock to survive.
The company makes money (which they are). The hole gets deeper for shorty and then the company says they are going to pay a dividend. There may be 10 different people or funds short on this one. I have watched for ten years.
Now you need to cover by law and you have to open the railroad cars.
Do you buy for $10,000.00 or do you go to jail.
Your choice.
Ask your self if you should own more TelVue shares for the short time they are around ??
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.
