Definition of a stock flipper. Someone who buys a
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Definition of a stock flipper.
Someone who buys a stock and sells at the next move up of the share price . People who are stock flippers are totally concerned about volume and spread. The best stock to flip is one that has a very tight spread. The spread is the price between what you are able to buy a share for and what ever you are able to sell it for. By definition a great flipper stock would be one that traded millions of shares and was at or near cellar boxed. If you buy a stock at the share price 0.0001 and you sell it at 0.0002 you have doubled your money.
100% profit is really great but then since you have sold your stock you must wait for the stock to go down again before you buy and wait for it to go up again before you sell. Well you could wait or you could become actively involved in helping it up or down. How do they help it go up or down well that is for another lesson.
Telvue is not a stock for flippers. There is not much volume and the spread is too great. The fact that flippers are not interested in Telvue shares is the best news you can get. A month ago I bought shares that were out there for $12.00. I told everyone they were there and you waited. A few weeks ago there were shares out there for $15.00. I told everyone they were there and you waited. Right now there are shares out there for $19.00.
Yes we had wonderful news last week with the deal that involved Microsoft's XBOX360 and no one bought that much stock. That does not matter one little bit. What does matter is the fact that no one sold. Shorty would have to be completely out of his mind to continue to short this stock. Well you see he would be if he had a choice but he has no choice. He must sell for the asking price and if someone gets tired of waiting and sells a few then if there are bids out there for less than 100 shares people are able to pick up bargains
HOLD WHAT YOU OWN. ADD IF YOU CAN. FLIPPERS NEED NOT APPLY.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.