What would happen if someone made the mistake of b
Post# of 5282
Posted On: 10/18/2013 5:18:26 AM
What would happen if someone made the mistake of bidding for 100 shares at $50.00 ? Well first they would receive 100 shares. Shorted shares I will grant you but shares none the less. The last price would go to $50.00 and some would get excited. Would they rush out and buy shares ?? No because penny players do not fund their accounts so the three day thing comes into play. While they are waiting for those three days shares would be offered for around $45.00 and someone would buy them taking the last price down and then using the shares they just bought at $45.00 they would sell them at $35.00 to take the last price down again. Now we are at the "PEOPLE DON'T BUY A STOCK THAT IS GOING DOWN STAGE".
Why ? Because if something has worked for you for years you may have difficulty understanding it will not work here. If someone counts on people selling a stock just because the last price is going down and it does not work it may be difficult for them. "It's worked for years. What's going on here" ??
Welcome to the world of TelVue. People who buy shares of TelVue try for the lowest price they can get and they try for as many shares as they can handle and they truly enjoy it when the last price goes down because there may be a chance for cheap shares.
Paying $50.00 for shares this week is as insane as someone thinking shaking TelVue's tree will work.
Next week may be a different story. If you were forced for some reason to buy shares then the price you would have to pay has no upper limit.
Why ? Because if something has worked for you for years you may have difficulty understanding it will not work here. If someone counts on people selling a stock just because the last price is going down and it does not work it may be difficult for them. "It's worked for years. What's going on here" ??
Welcome to the world of TelVue. People who buy shares of TelVue try for the lowest price they can get and they try for as many shares as they can handle and they truly enjoy it when the last price goes down because there may be a chance for cheap shares.
Paying $50.00 for shares this week is as insane as someone thinking shaking TelVue's tree will work.
Next week may be a different story. If you were forced for some reason to buy shares then the price you would have to pay has no upper limit.
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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.