I'll cut right straight to the chase. We will be watching the level 2 this morning. What has been appearing so far is sometimes there are 100 shares offered at $19.00. So let's deal with first things first. Is that someone who is willing to short 100 shares or is that someone who wishes to sneak out the back door and take chump change for shares that are worth a fortune. I don't know but it makes no difference. Shares offered at $19.00 will slowly disappear because people don't have that many to begin with. More and more people are asking that same question. What would happen if someone wanted to buy a few shares ?? OK so forget about 5500. Let's talk about 500. What would it cost ??
I am very surprised those who try to talk down our stock have not accused me of selling some. Let me tell you why I have not nor will I ever. I am a pumper. I pump TelVue stock for ever. I don't lie about it. If I see something wrong with the company I call them on it and no I do not mean call them on the phone. I am the one person in the world they would never talk to. I know TelVue is a winner and I will continue to pump it. Well you see the SEC may have something to say about that. People who pump a stock and then sell it for a profit are committing a crime. It is called "Pump and dump". I don't commit any crimes so it is easy for me to tell the SEC to stick it in their ear. I will make money on this one no matter what. I will make it in dividends and forward splits and I will not sell. Yes I will pay my taxes and the IRS can do the same as the SEC. Those who hold their shares will also make money and a lot of it. The only reason I feel sorry for some is because just as it always is the big man will make the most. Somewhere along the way they will shake the trees and the little, scared money, shaky hands will sell. They will run it up a bit and then stop and take it down one click and little money will run to sell. That's where the big money steps in and buys. How do you think they got all the money in the first place.
There are shares that have been offered at $19.00. Will they offer them today of will they change their mind whoever they are. $19.00 is chump change to the big guys. It's less that 10 cents per share pre split. They are not ready to cover just yet but when they do you need to step aside. You could get run over.
AlanC is in the hospital fighting for his life with cancer and infection. He is a strong supporter of TelVue. If you have any pull with the really big guy please ask him to help. GO ALAN.
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There is no limit to the loss of someone has been caught in a short squeeze.
