Time to mention it again. Each time I have spoken
Post# of 5282
Time to mention it again. Each time I have spoken to anyone who reads these boards I have always said the very same things and wish to once again remind everyone here. I have always told you and everyone else
PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. THEY THINK OF SELLING IT AND IN SOME CASES SELL AND WISH THEY HAD NOT.
No that's not you ?? Your sitting here looking at a stock that has been beaten down by an ill advised 200 to 1 reverse split and the efforts of those who short and you do nothing. The fact that this company has a share structure that will only allow 55,000 shares to be owned by anyone except the majority owner Gerry Lenfest seems to mean nothing. My guess is that over the last two quarters they have done better but it is nothing more than a guess. I do not know and neither does anyone else who would try to talk you into selling.
Not only have I not asked you to run the stock price up so I could sell and make a profit quite the reverse. I have asked you to keep the price down so you and I could buy lower.
Why TelVue ?? Because over the years I have personally come to know that TelVue is the real McCoy. Bad business plan in the beginning ?? I came right out and told you that. Nothing to hide here. Two CEO'S in a row who could not find their butt with both hands ?? I told you that many times. Brash young CEO from Princeton who can't seem to get the idea that companies are for making money ?? Said that too. If a company has a bad business plan they are much more likely to be shorted over the years and they were.
We will see that this company will go forward one way or another as we gather for the shareholders meeting in a few short days.
For those of you who would like to see what a short squeeze looks like I suggest you watch LOTE in the coming weeks and months. It is being covered and shorted at the same time as those who play the short game scramble to cover and as a result make money shorting on the way down. The reason is the fact that there are zillions of shares in the float and another zillion shorted.
What do you think will happen when someone who needs shares stares at a price of $30.00 or $40.00 just to start to cover and finds out that no one is selling ??
PEOPLE BUY A STOCK THAT IS GOING UP. DON'T LET $100.00 PER SHARE SCARE YOU. $100.00 PER SHARE WHEN THERE ARE NONE IS CHUMP CHANGE.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.