The bid has been raised to $10.25. I know the bidder wants to buy shares and that's fine with me. Buy what you can as cheaply as you can. Every penny you put out there is more pressure on the short man. It may seem like a waste having money lay without much chance of getting filled but you will never know how much those bids mean to put the pressure on.
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.