OK so let's take a minute to see where we are. It'
Post# of 5282
OK so let's take a minute to see where we are. It's a few weeks to yet again another quarterly report. I have been begging the company to tighten up for years and show a profit but they seem to wish to remain in the front of all the up coming action. I know we would take off with the many folks woh are waiting for a profit. Of course the new price of the stock does not help. I know there are some of you who would love to sell a few shares and getting the price to a trading point is important for you. Those of you who wish to buy and those of you who wish to sell then meet in the middle.
There is a major problem with that. If we meet in the middle. Let's say around $50.00 which is 25 cents pre split the battle to take it down returns. The only way out of this for shorty is to take it low and then he covers cheap. It's done everyday with many stocks. I know the story about if they take it low I'll buy a ton of it. That's cool except it costs money and penny players have everything except money. Besides t does not cost shorty any money to sell short shares.
The answer will always be the same. Hold what you have ill a profit is made and others run to buy and if you can then hold on to more.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.