After two phone calls and three emails I feel ther
Post# of 5282
After two phone calls and three emails I feel there are some folks out there who still don't get it. My intention here is to attempt to explain what happens to a company when shorty get his hooks into that company. Let's talk about any company for a minute and say that the company has made a profit of a zillion dollars in a quarter. Let's also say that the same company has been shorted to the tune of a zillion shares since the very first minute they arrived in the penny market. Your thinking "Hey that's a good company" " I think I'll invest in it".
Since shorty has more money than God that they have stolen over the years from honest folks like yourself then shorty simply sells some stock for less. You say "wait a minute". "I don't buy a stock that is going down". What happens is simple. You don't buy.
Tell me how different you are. Tell me you are the one who goes against everything the sheep are telling you. No you don't. You know the story. PEOPLE DO NOT BUY A STOCK THAT IS GOING DOWN. Shorty does not want you to buy then all he must do is take it down and you and your mind belong to shorty. Let's say he has not drained every drop of blood from your body so all he has to do is let it go up a bit. PEOPLE RUSH TO BUY A STOCK THAT IS GOING UP. When you have spent all you have he takes it down again. There is only one way to beat these people.
Hold what you have and make them come to you to buy your shares. Do not give up your shares for chump change.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.