So far everyone of the shares that were sold since the phantom shares presented by NITE (the 5488 at $14.00) have been shorted.
“Oh no they weren’t” Oh yes they were . “Oh no they weren’t” oh yes they were. You get the idea. They were shorted.
Will they continue to be shorted as we and the company go forward toward the meeting of the BOD to make a decision as to how to handle the attack against the shareholders of their stock. Let’s assume there are 280 shares sold today. Will they be shorted. Sure they will. Let’s also you ordered 50 at $14.00. At what price would you receive these shares . How about someone else were to offer to buy shares at $14.00. Since there have not been any bids except the 100 at $13.51. How about after they sell 100 at $13.51 to walk it down will the next shares be offered at $10.00 ?? Two things you need to know. Every share that is sold short today and in the future will have to be covered sooner or later. One day someone will come and ask for those shares back
If you do not sell TelVue shares just because no one else does someone will come to you and ask how much you want for your shares The more shares you have at that time the more fun it will be trying to work out a price. Can the share price drop. Sure they can sell those shares at any price they like. What should you do to take advantage of lower prices ? Save your pennies and be sure to fund your account. Waiting three days to buy cheap shares is no fun.
HOLD EVERY SHARE YOU ARE LUCK ENOUGH TO OWN AND ADD IF THEY ARE CHEAP.
NOT CHEAP ENOUGH YET ? HANG ON AND BE READY JUST INCASE YOU FEEL YOU WANT TO HELP PROTECT YOU MONEY.
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.
There is no limit to the loss of someone has been caught in a short squeeze.
