TelVue is a winner
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thanks for your buy and for helping this along.
Thanks for posting this.
Your help is appreciated and we are going up again.
63% increase today is just the tip of the iceberg.
TEVE, TelVue, up 63%. Company will execute a 1 for 200 reverse split in the next 2-3 weeks. Shareholder conference 12 March.
There are no shares available anywhere but they will invent a number and sell you the shares anyways. It is illegal to no fill an order if you are willing to pay Ask. The situation is that they have been selling air shares (naked shorts) for so long that's all they can do until someone (an idiot) starts to sell shares back to the market maker to sell to other investors.
If the reverse split were to occur today, each share would be worth $62.00 at a 1 for 200. Imagine if the stock hits $1.00 before the split. $200 a share is 10x what GE and Ford are trading at.
I for one would like to see that.
Hm. I wonder why yesterday he was offering 5000 at 18 cents and today it is 5000 at 31. Wait I know the answer.
TEVE. Up 63%.
TEVE up 15% on light volume.
They MUST sell them to you at Ask if you are buying them. I don't mind if you bidwhack and get them at 10 but if you put in for them at ASK and they do not sell them to you, you must call your broker and have them file a report.
This was a company that did a pump without consent of mike about a year ago. The post card is junk mail. See some of the recent postings about this card.
Can you repost this with the individual buys?
Thanks to a typo, I picked up 50 (instead of 500) shares at 18 today.
That is interesting although it blew AUTO completely off the Ask at least. Now the only thing between us and 22 cents is NITE. Gee why I am not surprised he always has the cheapest shares?
The game is always to take it down so shakey hands sell back to the market makers who then cover for less than you paid. This happens all over the penny market day in and day out. But the difference here is that TEVE investors don't sell. When the stock goes down, we BUY cheaper. Like me. I got 600 at 18 today. Don't worry, shorty will have to cover in a few weeks.
I'd buy 60,000 shares not only 600 if I had any money at all. What I buy is bought with loose change I find in the couch cushions because its all I have. And NITE sells me air shares that seem limitless.
I just picked up 600 at .18
I feel lucky to be able to buy this low.
This comes as no surprise. I am pretty sure any time the quarter is about to come out they have taken it down "coincidentally" to make it look like investor reaction to the financials. This is so expected as to be laughable. Like I will part with my shares over a less than 6% drop. I say that nite and auto should take this down to a penny for me so I can buy a ton more before the reverse split. But I doubt they have the stones to drop it more than 10% in one day since we know that forces a cover by sec regs.
Tomorrow most likely.
TEVE about to break out.
News today.
http://ih.advfn.com/p.php?pid=nmona&article=51191951
A half dozen press releases this year, all positive.
10Q due tomorrow.
Reverse Split 1 for 200 coming in about 30 days.
TEVE. News out.
http://ih.advfn.com/p.php?pid=nmona&article=51191951
10Q tomorrow.
Reverse Split 1 for 200 in a month.
Yup. I am still not totally sure what is going on with this. Someone knows something.
TEVE. Reverse Split 1 for 200 to occur in the next month. 10Q out tomorrow. News out NOW.
http://www.marketwatch.com/story/annenbergs-learnerorg-selects-telvue-cloudcasttm-for-streaming-video-2012-02-14
TEVE. 10Q out tomorrow. News out NOW.
http://www.marketwatch.com/story/annenbergs-learnerorg-selects-telvue-cloudcasttm-for-streaming-video-2012-02-14
Well tomorrow brings the 10Q. We will talk more about that.
You're right the report is inaccurate. I bet EVERY share was shorted today because no one is selling. The short interest report is equally BS. I bet the actual number of shorted shares is in the millions.
Good luck to you, Sir.
Thank you for this.
Over half shorted.
All I know is that I am trying to bidwhack this thing and pick up cheapies but so far no joy. I may have to slap the ask. I guess who cares if I pay 10 cents or 19 cents. Scarcity makes things valuable and shares of telvue are more scarce than diamonds.
Telvue is now powering Philly cam.
http://www.telvue.com/2012/02/07/phillycams-grand-opening/
Two words.
SAFE HARBOR.
Good luck to you, Sir.
January 31, 2012
Stock Drop ERISA Case Develops For Kodak Execs
By Evan Weinberger
Law360, New York (January 31, 2012, 1:22 PM ET) -- An Eastman Kodak Co. employee on Friday launched a purported class action alleging the bankrupt photography icon's top executives and directors allowed employee benefit plans to invest in the company's stock even as it careened toward its Chapter 11 filing.
In a complaint filed in federal court in Rochester, N.Y., Kodak employee Mark Gedek alleged that the company's President and CEO Antonio M. Perez, Chief Financial Officer Antoinette P. McCorvey, several other top executives and the entire board of directors had breached their fiduciary duties to workers by allowing the Eastman Kodak Employees’ Savings And Investment Plan and the Kodak Employee Stock Ownership Plan to purchase company stock even as they knew it was not a prudent investment.
“Their fiduciary duties notwithstanding, defendants failed to protect the plans’ participants’ retirement savings from being imprudently invested in company stock, and as a result, the plans, and ultimately their participants, suffered losses,” the complaint said. “A prudent fiduciary facing similar circumstances would not have stood idly by as the plans lost tens of millions of dollars.”
Kodak, a onetime photography giant, filed for Chapter 11 bankruptcy protection Jan. 19 after failing to sell some of its digital patents and stem the ballooning losses that have long plagued the trailblazer. The move came after Kodak's ongoing struggle to right itself in the face of intense competition from new technologies.
The company had been refashioning itself since at least 2008, focusing more on its digital and commercial offerings and winnowing its film and consumer products.
According to the complaint, Perez, McCorvey and the other defendants were in breach of their fiduciary duties under the Employee Retirement Income Security Act because they continued to purchase Kodak stock even as the company's share price, and revenues, plummeted.
Kodak's stock has lost 99 percent of its value since 1999, the complaint said.
The stock, once valued at more than $80 per share, was hovering around the $1 mark as of November 2011. Once a component of the Dow Jones Industrial Average and traded on the New York Stock Exchange, Kodak shares began trading on the over-the-counter pink sheets in January, just before the bankruptcy filing, the complaint said.
The collapsing stock price did not stop fiduciaries of the two employee benefit plans from investing in the company stock. As of Dec. 30, 2010, the plans held more than $30.2 million in Kodak stock, the complaint said.
The company's executives and directors held more than 4.2 million shares, or well over 1 percent, of the total employee take of Kodak stock, representing a potential conflict of interest, the complaint said.
The complaint lists a proposed class period ranging from Jan. 1, 2010, to Jan. 27, 2011, the date the complaint was filed.
Kodak said the complaint was "without merit."
"We will defend vigorously against it," said company spokesman Christopher K. Veronda.
Counsel for the plaintiffs could not immediately be reached for comment.
Gedek and the purported class is represented by Nadeem Faruqi, Jacob A. Goldberg, Gerald D. Wells III and Robert Gray of Faruqi & Faruqi LLP.
The case is Gedek v. Perez et al., case number 6:12-cv-06051, in the U.S. District Court for the Western District of New York.
--Additional reporting by Hilary Russ. Editing by Kat Laskowski.
I wish they would go after the bigger fish...
Could not get that link to work but I found this one:
http://www.cmkxsting.com/the-wall-street-conspiracy/
The same 5700 shares that AUTO was trying to sell are now being sold by NITE and AUTO is nowhere to be found. Where have I seen this before? Oh, here.
These guys to keep off the Fail to Deliver (FTD) list will pass around shorted/non-existent shares forever.
More MM games.