When they are long you have a habit of not reading
Post# of 5282
When they are long you have a habit of not reading them. Do yourself a favor. Bite the bullet. Read it.
Telvue is a small company in New Jersey with the worlds worst business plan in the beginning. They were giving out numbers to customers of cable companies like Comcast and allowing them to watch special events. Telvue charged a service commission for this and a pile of nothing was formed. When I mentioned it to someone that the cable companies could do that themselves they laughed at me and shorty took one look and said are you joking me. We will short this loser forever.
Telvue worked and shorty shorted. As the cable companies started to do their own numbering Telvue said "I have an idea". "Lets build a network of thousands of PEG Television stations across the country." Well they did and it cost more money than anyone should ever spend on anything. Telvue worked to build and Shorty shorted.
Then Gerry Lenfest said "We must equip these stations with the very best servers money can buy" So he bought Princeton Server group. and Shorty shorted. Gerry said "We must supplement our income by selling these Princeton Servers" and Shorty shorted. The sales department said "We can sell no servers because the economy sucks." so shorty shorted more. Then Gerry said "We will spend more money and give these servers the very best software money can buy" They did and the industry awarded them the Platinum award. Shorty shorted.
Gerry said "All these servers we can not sell because of the economy". "Let's sell them to ourselves and put them in a very large building and secure them". That's when I said "Hey Gerry why don't you call it the cloud". That , of course is a bare faced lie". The cloud is not a lie. Audodesk says so. Facebook says so. Twitter and Comcast and Carter say so. This company is on the verge of greatness and anyone who says no is simply not in touch with reality. There are only 30,000 shares available to start with and I don't know but I think that may be a float record. If you own Telvue hold what you have. You may not be able to get more but if you can you should.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.