I'll say it again. I sat in a special meeting and begged that the company not do a 1:200 reverse split. Gerry Lenfest over ruled me as will happen from time to time when the man owns 94 % of the shares of stock. The reason I asked that they not do it was because I have watched time and time again as a company was taken down by short interests. They take it down and you think of selling. Please don't tell me that is not you. Shorty will buy a stock for $50.00 and sell it for $40.00 and you can not stop him. What we can do is hold what we have. Companies doing a reverse split are attacked right now and taken down to 0.0001. Shorty has attacked and you held. Yes , on paper, we lost money and should you leave now that loss would be very true.
We are in the first inning of a nine inning game and we have all the heavy hitters and all the pitching. This company will make money and the spit will hit the fan. Hold what you have and add when you can. Shares are there for 7 1/2 cents per share pre split.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.
