TelVue is a winner
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I for one am in no hurry to sell any.
I am stupefied.
Would you care to explain level 2 to me?
NITE makes it's billions by ripping off unsuspecting OTC investors and selling them air shares and hoping they never have to cover.
But you knew that.
You sound so confident. The only collapse that will occur will be of those with a short position and their henchmen.
lol broken record.
the TA is not gagged. THE SHARE STRUCTURE IS IN THE DEF14 SEC FILING WHICH IS EASILY FOUND IN THE EDGAR SYSTEM.
I'm not worried but thanks for looking out for us.
I want everyone to take special note of something.
This level 2 shows that AUTO is offering exactly 7307 shares at .2999 - that's as of today Friday 3/2/12.
Remember these numbers and the date.
Now, take a look at this link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72760154
This was on Thursday when I bought 307 shares.
The transaction was shown as a rounded 300 shares but my account clearly shows I got 307.
Now look at THIS link from earlier that day (Thursday):
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72743616
Okay, I am not sure if you are getting this.
Level 2 on Thursday showed AUTO offering 7307 shares for sale at .2999. I put in an order for 307 shares and it was FILLED at .2999.
Alright, so let's get this straight. Thursday 7307 shares for sale at .2999. I buy 307 of those. Should be exactly 7000 left, right?
But at the close of the markets on Friday, AUTO is still #1 on the Ask with 7307 shares at .2999. Hm, someone failed 1st grade math.
Get this through your heads. The figures on Level 2 are a total joke. They don't even seem to keep track of what they sell.
Here's my bet. The 7307 shares will still be there Monday morning. They might be being offered for under .2999 at that point and they might even be offered by a DIFFERENT market maker than AUTO. I've seen it before. Two or 3 market makers passing the same non-existent offered shares between each other to keep them off the FTD list.
I will be watching.
Joe, do me a favor and print this off and add it to the evidence pile. If you need my trade confirmation on the 307 shares I will email it to you.
Jack
Keeping this all in perspective, TEVE has a 1 year return of over 100%.
http://www.bloomberg.com/quote/TEVE:US
Here's another article telling people to avoid the OTC. Expect to see more of this damage control going on in major publications. This one was in USA Today.
http://www.usatoday.com/money/perfi/columnist/krantz/story/2012-02-29/protecting-your-investments/53307028/1
Oh me too man.
I think a storm is coming for shorty and his hedgie stooges.
Nice gains over here. Well done to SNDY shareholders.
Nope still here. You can't get rid of me that easily.
Today's report from RegSHO:
20120301|TEVE|442|0|1250|O
Recent data from the SEC Fails to Deliver report:
http://www.sec.gov/foia/docs/failsdata.htm
20120103|87970K108|TEVE|16508|TELVUE CORP|0.20
20120126|87970K108|TEVE|200|TELVUE CORP|0.19
20120127|87970K108|TEVE|200|TELVUE CORP|0.19
The SEC website does not have any FTD data yet for the month of February which is when the increased volume was going on. I am interested to see that when the reports are released.
It has come to my attention that not everyone reading the board has heard about/understands the Reverse Split which is coming after the shareholder conference 12 March, subject to shareholder approval.
The filing for this is here:
http://www.sec.gov/Archives/edgar/data/839443/000110465912006253/0001104659-12-006253-index.htm
When someone is talking about this stock being $60 we are talking about post split. Right now the stock is at 30 cents and if it is still there when the 1 for 200 R/S happens, each share will be $60.00 at that time. If we are 20 cents it will be $40.00 a share and if we are at 50 cents it will be $100.00 a share.
The filing explains why the Reverse Split is being done and speaks for itself.
We won't object if shorty starts to cover BEFORE the reverse split and gets us up into the dollars range BEFORE the R/S. It's kind of time they realized they will have to cover.
No, I understood your point.
There is no minimum requirement for shares in TEVE, pre or post split.
Call the company and ask John Fell or Paul Andrews yourself.
There are approx 250 shareholders of record in TelVue.
That's not too many to keep track of.
Yes almost daily and also on the FTD list because the market makers failed to deliver shares.
Who cares whether you have 20000 shares that become 100 post reverse split. The amount of money will be the same. If we stay at 30 cents a share up to the R/S then each share will be with 60.00. 20000 at .30 and 100 at 60.00 are the same amount, dude. But nice try.
Listen NITE has an OTC desk and someone that runs that department and that guy and his juniors are making these decisions. We tend to over here personify NITE as an organization but at the end of the day its some employees we are really talking about. Those lesser fish are the ones that get investigated by the SEC when things go bad. I assure you those guys are paid better than you or I for what they do. I am in sales working 44 to 48 hours a week for peanuts. I won't feel sorry for them when the spit hits the fan -- they can afford the high powered lawyers. There is no freaking computer program over there selling shares below ask and dropping the ask less than 10% a day. Some jackhole is making the call on that and his bosses may or may not know about it. But there's something called plausible deniability and that guy will have his head on the chopping block when the investigations start.
Yes 6 trading days left until the shareholder conference.
PERT is on the Ask at 30 cents which is 5 cents cheaper than a couple days ago.
This link describes PERT as a "top retail dilutor".
http://stockalyzing.com/stock-learning/104-understanding-level-2-and-market-makers.html
Find out more about PERT here:
http://www.pershing.com/index.html
And here:
http://www.disclosureinsight.com/news/companies-news/doj-and-new-york-ag-just-latest-series-woes-bny-mellon
And don't be afraid to call them out on assisting NITE over here.
By the logic they are using, supposedly we are 10,000 shares away from 1.99 per share? Because PERT says 5000 at 30 and NITE says 5000 at whatever and then the 3rd one says 1.99. But we know they don't have any shares anyways so what is their REAL value? Scarcity makes things valuable. How valuable is something you cannot obtain such as actual shares, not air shares?
Okay so per this report PERT has 5000 shares at 30 cents. So I am supposed to believe that if I buy these 5000 shares he actually has them to deliver to me and they won't appear on the RegSHO list tonight? Riiiiiiiiiiight.
Those new to the board who wish to get in should know I really don't care what you pay for your shares. If you want to pay 10 cents put in orders for 10 cents. You may get them. I am not sure about 10 cents though because the bid is 15 so I would say 15 to 20 - somewhere in there - you have a good chance of getting some.
My first buys I was getting them below Ask routinely. Bidwhack the hell out of this thing - I know I am not going to get scared and sell any shares if this "goes down" because some newbies by cheapies. How's that for something different. I am actually encouraging you to help take the stock down by BUYING. No one is going to sell. People that own TEVE are either too busy to watch this every day or so in the know they don't really care about day to day share price.
Right now, PERT, NITE and AUTO are covering each other's asses and passing air shares back and forth to keep them off the FTD list. PERT says he has 5000 shares for sale but then cannot locate 250 measly shares and has to short them.
I'll tell you a little story. I had been buying shares at 7, 9, 11, 15, 17 cents over a period of months. Then one day the guy over at the NITE OTC counter (jackhole) was stuck in line at Starbucks or something and came in late. AUTO was on the ask for 49 cents and so I bought some. We went from 17 or 18 cents to 49 and then AUTO, NITE, UBSS worked together for a few weeks to drag this down slowly - not more than around 10% down per day. I kept buying and every buy was on the RegSHO list that night. I am not making this up you can go back and read my posts. You will notice UBSS is no where to be found on the bid or ask. That's because they got a little smarter after being fined by the SEC for naked short selling. I don't think you will find them in these parts anymore. Thing is, as excited as I was to have the stock in the 40s, it meant I had to pay more for shares and honestly I want SHARES, not a pretty little green line on a graph. We know we're going to get paid over here in the end. And not chump change like 49 cents a share. So get SHARES, not graphs.
Thing is, if people keep buying and are not selling the strategy of manufacturing shares that don't exist (because no one is selling and the float was so small already) will fall flat. Honestly, it's nothing we haven't been talking about here for well over a year but it looks like we have a few watchers now that never heard of TEVE before this month. We have good news here - actually the best news you ever heard. Here's the spot you can defeat shorty if you have the stones to do it.
We don't need heavy hitters over here, we just need people with courage and some small or regular buys. Look at me - I got 250 yesterday and they were shorted.
So you are going to argue the no shorts thing, huh?
250 were shorted today. Guess who bought those 250 shares - you are talking to him.
Tell me, how hard is it to locate 250 shares in a float of 48 million shares?
The answer. IMPOSSIBLE because there are NONE left unsold in the float and your poor little market maker cannot find any under the couch cushions.
Boo hoo.
You realize of course if I had more than 2 nickels to rub together I would buy 250,000 shares, not 250.
This reminds me a little of drug addiction. The addict knows that drugs will continue to destroy his life but he keeps doing them. Shorty doesn't know anything else but shorting and this is almost tragic.
Well I can tell you the 150 is mine. And it is 150 not 100 so someone cannot count somwhere. I put the order in last night for 40 cents thinking it might open higher this morning, having closed at 35. I got them for more than 10 cents a share cheaper. I didn't know that PERT owed me a favor or was a friend of the family or something. How generous to discount the shares. Amazing what can happen between 4pm and 9:30am on a low trading weekday.
I have been in this stock for a year. I can tell you with complete honesty that many, many times as I was buying, the total volume was shorted on the reg SHO list and also many times I got shares for lower than I ordered them for. In my opinion the only shorters here are NITE and AUTO selling air shares in this company for years. There are those on ihub who will distort and say naked shorting cannot and does not happen on the OTC. They are either stupid or on the payroll of some hedge fund or market maker. In this time and in this place, anyone who has ever lost their shirt on the penny market can come here, take a stand against shorting, and win. When this one is over and done you won't catch me anywhere near a penny stock again. I now know an opportunity like TEVE is one in a million.
My prediction. They will raise the ask just a little so that the stock is not more than 10% down today and they will short all shares. They will continue to try and drag this down less than 10% a day been now and 12 march. That's exactly what nite, auto and UBSS did last year when we got up to 42. As long as we don't sell and keep buying we have it made. Those jackholes will have to cover without our help and the stock being down means only cheaper shares for the longs.
Yeah that is why we are so excited over here.
Sad. Just sad. The float will reduce by a factor of 200. The shareholders will vote to authorize more AUTHORIZED shares. Does not mean the float will increase immediately. It's all in the SEC filings.
TEVE. News out. Up up and away (16% today, 63% Monday).
http://www.reuters.com/article/2012/02/28/idUS196491+28-Feb-2012+MW20120228
We already have a pretty good idea of the share structure here.
Per the DEFINITIVE PROXY STATEMENT:
As of the record date, February 1, 2012, 49,083,144 shares of Common Stock were outstanding. That's the float.
H.F. Lenfest 38,016,586 77.5%
Jesse Lerman 750,000 1.5%
Joy Tartar 93,952 0.2%
Robert Lawrence 47,535 0.1%
John Fell 316,667 0.6%
Paul Andrews 766,000 1.5%
Dan Pisarski 350,000 0.7%
Randy Gilson 528,467 1.1%
All Directors, Officers and Significant Employees as a Group (8 Persons) 40,869,207 83.2%
THIS MEANS OF COURSE THAT OUTSIDE OF "INSIDERS", THE ENTIRE REMAINING FLOAT OF TELVUE IS 8,213,937 SHARES.
IS THIS THE LOWEST FLOAT IN THE OTC? HAS TO BE CLOSE TO IT.
GO TEVE.
On the day of the shareholder conference, the books will be open and the holdings of each shareholder will be viewable. I will have my little calculator out and I won't be surprised to see that the totals add up to more than the float.
Every share that has been sold by a so-called "market maker" to investors above what should exist in the legally authorized float is going to have to be covered.
Good luck with that.
TEVE has doubled since 1 Feb. News out today:
http://www.telvue.com/wp-content/uploads/telvue_press-release_20120228.pdf
TEVE. Over 100% gain since 1 February. Could double again with imminent Reverse Split 1 for 200 to be executed after shareholder conference 12 March.
2012 Contest TEVE .35 jack_roch 2/28/12
No one is going to sell and no one CAN sell. This has got to be the biggest joke ever: that ANYONE would think we'd be stupid enough to sell a single share of TelVue.
WHY WOULD WE when the BID is a mere 10 cents? Look at that damned spread. Is it even LEGAL to have that kind of spread?
We're expected to believe that a stock that is trading for over 30 cents a share is only worth 10 cents if we sell a share?
It absolutely cracks me up, Joe, that anyone would come to this board and think that someone sold shares for 10 cents. The bid has been way higher than that in the past. If they didn't sell when the bid was 20 some months ago, why would they sell for 10? It's too early in the year for a "tax loss" and we saw that no one sold for tax reasons at the end of the year last year. And why would someone sell before the reverse split? You need TWO HUNDRED shares to even have one after 12 March.
I have to agree with you - I could almost care less what the pps is. I don't care if people bidwhack the crap out of this and get shares for 10, 15, 20 cents. Who cares? Yeah I am happy to see my portfolio has doubled this week. That is nice but now I want more shares and I will pay whatever I want for them.
EVERY SINGLE NAKED SHORTED SHARE WILL HAVE TO BE COVERED. So people should just keep buying if they can. Up or down we clearly have won this battle.
It must be a confusion at the OTC desk at NITE, AUTO and PERT. Those pathetic gentlemen are probably tearing their hair out every time an order comes in to fill with air shares. No one is selling back to them and no one will. Tough situation for them. I'll keep buying and bringing people in. One dozen folks I have brought to TelVue over a year time period and I am just getting started. WE KNOW A WINNER WHEN WE SEE ONE.
Somehow I cannot feel sorry for those guys.
I wasn't able to get any today but for sure I will get some tomorrow even if I have to slap the Ask.