This is far too important for me not to write just
Post# of 5282
This is far too important for me not to write just because of personal problems even if no one is reading this.
In an ever changing situation it is necessary to keep up with exactly what is going on. There is no doubt in my mind that the short man is trapped like a rat but even a rat will run crazy trying to get out of the trap. When we left off on Friday there were 570 shares offered at $13.50. Any way you slice it that is a good deal. Small buys under 100 should be filled and what you must remember is that $13.50 is 6 1/2 cents per share. If anyone dreamed of buying shares at 6 1/2 cents I would have said it could not happen.
So let's see what those shares are. There could be someone who has held for a very long time and wishes to just get out and may even need the money for something more important. That would be a shame for them but a gift for others. I have no feeling one way or the other about that because it will not harm the bulk of us. No matter what this company is making major strides in a field that is just getting started.
The other thing is that the shares are being offered by the short man in an attempt to take it down which he will find soon enough is stupid. With most stocks the idea is to keep you broke and always looking for money and then slowly take it down. Any buys for more than 100 may be met with a lower price fill to take it down. They have tried that before. What's the thing about doing the same thing over and over again ? Should there be any significant buying their answer will be to raise the ask to $100.00. We will deal with that when it happens.
So where does that leave us ?? From here you get the same old, same old. Hold what you have and buy if you can. Getting as many shares as you can before the world finds out about us.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.