Before the shareholders meeting, after the meeting
Post# of 5282
Before the shareholders meeting, after the meeting and for that matter during the meeting no one will be selling one share of TelVue stock. The target here is quite simple and that is to start a fire sale. One person sells a few shares at the bid of let's say $7.00 per share and the next offer by the market maker will be $2.00.However the asking price will not drop right away so it will still be a high price to add. If by dropping the price enough you will be scared out of your shares then it's mission accomplished. The target price here is as it always is across the penny market $0.0001 and the stock is cellar boxed.
No matter who says what about anything there is one fact that will remain a fact thru it all. There are about 35,000 shares of TelVue stock available. Gerry Lenfest is not offering any of his 93% of the shares for sale and there are many of us here who refuse to sell no matter what anyone says.
A very interesting experiment would be for Gerry to offer to buy back 10% of the available shares at the cheapest price available. Not to make an offer so people with shaky hands would sell but to remove another 10% of the available shares since the price for these limited number of shares is cheap. I wonder what that would cost ?? It would cost the same as it would cost someone who, for some reason, found themselves in a position to be forced to buy shares.
HOLD THE SHARES YOU OWN AND IF THE OPPORTUNITY PRESENTS IT'S SELF THEN
PICK UP SHARES AT THE CHEAPEST PRICE YOU CAN. EACH SHARE IS GOLDEN.
EACH SHARE YOU PICK UP KEEPS ANOTHER SHARE AWAY FROM THOSE WHO NEED THEM.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.