I think it would be safe to say that most of you
Post# of 5282
I think it would be safe to say that most of you get the idea that "NO ONE BUYS A STOCK THAT IS GOING DOWN". Therefore it is safe to say this stock will not be rising in the near future. The last transaction price of this stock is being manipulated on a weekly basic to get you to sell. If you are the type of person who fixates only on price this is not a good place to be. If you can put up with the games you are home free. There is nothing on the face of the earth that can stop someone from buying shares of a stock at what ever price it takes to gather 100 and then selling them at a cheaper price to take the share price down. If the share price is ever taken down low enough then any shorts will be covered at that time. None of what you are reading is secret. It happens on a daily basic everywhere in the penny market. The difference here is Telvue is not going out of business. If they have a failing it is trying for too much business.
They have always needed money to continue and for the most part it has come from Gerry and was paid back without diluting the shares. There are still 55,000 in the float. The test comes on weather they can make it thru the next three months with out more borrowing. If they do borrow and shares are offered you will here more about the word dilution. If they get thru the next three months without needing outside funding that will be the best of both worlds. Those who hold their shares no matter how much they are manipulated down are the big winners.
There are 69 people watching this stock on the other board. I do not know how many lurkers are here. and of those there are some flippers who wait to see if this one would be good to flip. Flippers buy it and run it up and dump to take a profit and then rince and repeat. I don't know how that works so I do not know if this will be a good flipper. There are otheres who wait for the asking price to drop. We will see how that works for them.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.