So why wouldn't it be a good idea to buy 100 at $3
Post# of 5282
So why wouldn't it be a good idea to buy 100 at $30.00. Well many people love to see the price go up. If you did that the price would go up for sure then shorty would rush to take it down. 100 would be offered probably by NITE for $24.00 and sold to a troll of NITE who would resell the 100 at $20.00. That would bring the share price back to $20.00 and the person who paid $30.00 would not like that.
PEOPLE DON'T BUY A STOCK THAT IS GOING DOWN AND SHORTY HAS A MISSION ACCOMPLISHED .
So how about a good strategy. Well someone hung an offer to buy at $20.00 and it took awhile but they were filled.
You may get shares doing that. You could do as I do and buy 20 or 30 at $30.00 and just keep chipping away at the shares and make them dig a bigger hole.
Only one rule here.
HOLD WHAT YOU HAVE.
IT'S ALL GOOD.. NOTHING OR NO ONE WILL STOP THIS TRAIN.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.