Many of you know how shorty does it and as a resul
Post# of 5282
Many of you know how shorty does it and as a result need not read farther. For the rest of you .
How Shorty does it.
A company comes to the penny market to get money to form and operate a company. They sell shares to people who hope to make the right pick and make a ton of money.
Years ago that worked fine. Some people lost because they picked a badly run company or the company was run by a crooked CEO.
Some people picked right. The company went on to greatness and made a ton and the investors profited.
Along comes shorty. He sees a company with a bad business plan and he sells shares short. When the company goes belly up he wins. Business in the penny market businesses fail 76% of the time so shorty made a fortune in the beginning. Leave it to the good old short man who got greedy. If a company was struggling but looked like it may make it why not go on the talk boards and help it fail. Why not sell shares for less every time the stock moved up.
PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. PEOPLE RUN TO SELL A STOCK THAT IS GOING DOWN.
Once shorty has the company down then flippers move in to pick at the bones. The company gets cellar boxed (0.0001) and shorty moves on to his next target. How many truly great business ideas been killed by these creeps ??
In Telvue we have a perfect storm. The company did not need money from the market because of Gerry Lenfest and his deep pockets. In the beginning they had the worlds worst business plan and were heavily shorted. The company continued because of Gerry. They went thru two CEO's. One worse than the other. They bought Princeton Server Group and the business plan changed. This company has the worlds best software and the hardware to go with it. Their customer base is the very best in the world of streaming video and cloud computing. These are two technologies that lead today's newest gold rush. I have suggested it may be smart to accumulate at a low price. When the world decides to buy shares they will be buying 100 at a time and the price will increase. Once the stock starts up all bets are off. WHY ??
PEOPLE BUY A STOCK THAT IS GOING UP AND RUN TO TELL THEIR FRIENDS. THERE ARE ONLY 30,000 YOU COULD BUY IF THEY WERE FOR SALE.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.