Whoever has placed 5488 shares of TelVue on the ask at
Whoever has placed 5488 shares of TelVue on the ask at $14.00 has total control of the last share price and I say who cares.
If anyone were to offer to buy 100 shares at $14.00 they could be sold to that person for $12.00 thus taking the last price down to $12.00 or any other price for that matter.
If that were to happen I would say thank you because $12.00 is cheaper than $14.00. At least it used to be.
People who buy TelVue stock do not sell their shares at these prices. $300.00 maybe but only a few. These shares are hard to come by and as a result we do not sell.
Just sitting and doing nothing is not an option for some. It is for me. It is for anyone who has bought TelVue shares and is holding them.
I can buy small lots at $14.00 or any other offered price and add to my pile. TelVue is making money and making more each day.
Those who hold shares will make quite a bit of money and those who add to their holdings will make all that much more.
There are some who argue for the company to buy these shares and retire them. I do not know if that is legal and furthermore I do not care. I will not spend my day arguing one way or another. If it was legal and they did it there would be 10,000.00 shares there tomorrow. Should the company then retire those also ?? If the company did that how would I be able to buy small lots at 7 cents a pre split share ?
It’s not good for some if the stock goes up. People run to buy a stock that is going up.
It’s not good for some if the stock price goes down because TelVue people buy cheaply and hold every share no matter what.
It’s not good for some if the share price stays where it is. TelVue shareholders have time and others don’t.
Telvue Corp (TEVE) Stock Research Links
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.
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