I have been amused over the past week as some thou
Post# of 5282
I have been amused over the past week as some thought that lote which had a symbol change and became loted. was a short squeeze. The trading on that issue will continue for months and shorty will win in the long run.
Why ?? Because that's the way they make their money. They are professionals. They have more money than God and stones larger than Gibraltar.
A true squeeze is someone having something others need. Definitive words being have and need. With LOTED there were 300,000,000 shares. And shorty simply bought up some and started the mind game and took it down till shaky sold.
It's not over because dumb money will come to buy and shorty will take that too. It won't be over till the poor man is poor and the rich man knows the poor man is broke and will leave him.
You own shares that people will not give up. They have been thru hell that started at $100.00 and went down to $5.00 and we only had two loosers leave thru all that. The people who own TelVue shares are solid.
Hold what you have. Don't want to buy more till someone smarter than you starts to buy and drives the price up so you can pay more. OK.
Happy Daze.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.