I used to work for a young man who insisted that people were not stupid but instead were uneducated. I am uneducated. I am not stupid. Each day on the dark-side board we have a few IDIOTS who will try to convince you that there are no shorted shares of TelVue even if someone has put up $76,000.00 to short 5488 shares at $14.00.. Why did this person wager $76,000.00 and give you the opportunity to pick up shares at $14.00 or 7 cents a pre split share ? Because they have to. They have to do something. They can not just sit and wait as TelVue puts on more and more customers each day. They must do something to get you to sell. They have shorted a zillion shares and you have them. Those who hold them win and those who add to their pile win bigger. It is much easier if everyone were to buy 20 or 30 than it is for one person to buy 100.
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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.