Since no one reads this anyhow I may just as well
Post# of 5282
Since no one reads this anyhow I may just as well spout off with a long one. Everyone can look at it and say I'm too busy to read that.
See if this sounds like something you heard before. Company goes to penny market for money. Hedge funds run to short the stock. 76 % of these start up companies fail and if they don't fail the hedge fund will hire people to help it fail. The first thing these drones do is scream no shorts. "There are no shorted shares". Computer programs are set up to pass around shorted shares just as the time limit on cover approaches and the clock is reset. In the case of Telvue the company has been shorted for years. They had the worlds worst business plan and they never made a profit. Good one to short. You bet.
Company changes and starts to show promise. Time to fire up the basher drones and take the price down. Shorty is so confident in what has worked and made him millions a day in the past he refuses to cover till the price is sub penny.
That's why this one wins. Weak hands run and I say good-buy. If no one sells shorty gets a hold of 100 shares and no matter what he paid for them he gives them to a whacker to take the share price down. Down is what he knows. I know and I'm going to puke but I must say it. People do not buy a stock that is going down. Conversely people run to buy a stock as it goes up. I wanted to wait and give Jesse and company one more chance to make the Q look better. After that there would be a reason to buy this dog with fleas. There will be too reasons to buy this one. Shorty will not cover till it is time to panic and that is good and this company will make money .
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.