He will try to buy back it but he will try to take the share price lower. He has not thought this out very well. He bought those shares at 2 cents many years ago. He will have taxes on what profit he makes and then try to get back in lower. How about if no one sells and the share price stays relatively low and people sit back and save their money to buy should it drift lower.
Wonder what he will think when shorty starts to drive this puppy thru the roof and he has lass shares. So far no great rush to sell. The reason he can't sell at $14.00
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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.