Will they take it down again ?? I don't know. I ca
Post# of 5282
Will they take it down again ?? I don't know. I can tell everyone what has happened over the past week. On Wednesday there were 100 shares sold at $9.50. Those shares were shorted. This means someone with stones like the rock of Gibraltar has decided he (and or she) will be able in the future to buy back these shares at a price cheaper than $9.50. Another thing it does. It drains the pocketbook of those who honestly buy these shares and put them away and costs the shorter nothing to short at this time.
When they find out what it will cost them in the long run there will be big time bridge jumping.
The other thing that happened was that 100 shares were sold at $9.50 and they were not shorted. This means someone who thinks he id the last of the big time wheeler dealers has sneaked out the back door and sold those shares for $9.50. Wow. That should get you a small town in Spain.
People selling TelVue is just stupid as hell. You are collecting $950.00 and you are rolling in the tall grass with the big dogs.
OMG.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.