Let's take a minute to see what's up. Years ago there were people much like myself who bought this stock for 2 cents. That was a long time ago and yet there is at least one person who is selling some shares at $6.00. If you do the math and count the 200 to 1 reverse split you will see that a stock that is at $6.00 is really the same stock that sold years ago at 3 cents. Talk about shaky money. When who ever it is sells all their shares here is what they will have. A tax bill because if you remember they bought for 2 cents and years later they are taking a 1 cent profit. Now work in inflation and you can see what people who know nothing do all day.
Trust me they do not have that many to start with. Anyone who is that shaky does not have the stones for this to begin with. If you can get shares at 3 cents you are the luckiest person alive. Hold what you have and if you can afford 3 cents per share then buy more. Someone has done all the hard work for you. They held the shares all this time and when the spit hit's the fan they run. If you buy 50 shares at $6.00 it costs you $3.00 for shares that were bought years ago for 3 cents. Oh well. Of course that could always be shorty selling shares he bought at $35.00 to make you run. They will do anything they can to make you sell. Don't.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.
