I have created a situation where it is necessary f
Post# of 5282
Posted On: 11/20/2013 5:58:53 PM
I have created a situation where it is necessary for me to answer my own question. As each of you know I have been constantly preaching about buying small lots. So the question arises why not just buy 100 at the asking price of $24.00 . Well if someone were to do that I have one of my predictions ready. Please mark this post so you will not have to look for where I said it.
The first thing that would happen is that NITE would show up on the ask at $20.00. A few minutes after a person who was assigned the duty of purchasing these shares would spring for 100 at $20.00 and a few minutes later they would sell the same 100 for $15.00.
What we would have is a falling stock price and the beginning of a mind meld where people do not buy a stock that is going down.
They would look at the $24.00 price and the falling prices of $20.00 and $15.00.
Another little trick that would be fun is to bid in between these points so that they would have to fill shares you ordered before the take down. Shares bid at $16.00 and $17.00 have a chance of getting filled.
So why small lots. Easy. They don’t keep running the price up and down. They allow you to gain shares and when the price takes off which is most likely just after the year end audited financials are posted.
One way or another. TelVue longs win this one. In the history of the penny market it’s time to be part of a fantastic winner.
IF YOU ARE LUCKY ENOUGH TO GET ANY HOLD EVERY SHARE YOU GET.
The first thing that would happen is that NITE would show up on the ask at $20.00. A few minutes after a person who was assigned the duty of purchasing these shares would spring for 100 at $20.00 and a few minutes later they would sell the same 100 for $15.00.
What we would have is a falling stock price and the beginning of a mind meld where people do not buy a stock that is going down.
They would look at the $24.00 price and the falling prices of $20.00 and $15.00.
Another little trick that would be fun is to bid in between these points so that they would have to fill shares you ordered before the take down. Shares bid at $16.00 and $17.00 have a chance of getting filled.
So why small lots. Easy. They don’t keep running the price up and down. They allow you to gain shares and when the price takes off which is most likely just after the year end audited financials are posted.
One way or another. TelVue longs win this one. In the history of the penny market it’s time to be part of a fantastic winner.
IF YOU ARE LUCKY ENOUGH TO GET ANY HOLD EVERY SHARE YOU GET.
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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.