Many may not understand exactly what’s going on
Post# of 5282
Posted On: 12/18/2013 1:31:39 PM
Many may not understand exactly what’s going on with TelVue stock lately and for that matter many issues on the OTC market. With a change in the rules by SEC and Finra it becomes more transparent as to exactly what is going on in the OTC market where less than 100 shares are bought or sold. It’s no longer a secret but if I were to post this on the dark-side board it would be deleted.
Those who short shares have one course of action. Take the share price down. It has been said before and will be said here again.
PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. WHEN A STOCK GOES DOWN IN PRICE PEOPLE RUN TO SELL.
CONVERSLEY PEOPLE RUN TO BUY A STOCK THAT IS GOING UP.
LAST RULE. PEOPLE WHO OWN TELVUE STOCK DO NOT SELL AT THESE PRICES.
As we speak I have orders to buy TelVue at $15.00. If you look at level 2 you’ll will see people who are willing to buy 100 shares at $13.50 and $13.00. If they come across 100 at $13.50 and sell them to the bottom fisher at $13.50 then we would officially be at $13.50 and who the hell cares. My bids would get me low priced shares at $13.50 and a few at $15.00.
No one cares if the share price goes down here. The real important news is the fact that you can still buy small lots at less that 7 cents per pre split share. There will be no fire sale here. This company is making money. This company has 55,000 in the float and will shortly pay dividend to shareholders.
If you have no orders in at $15.00 you are wrong.
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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.
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