How many shares do you have and at what
Price did you get them? I will see if I can get
A few more friends to come in and buy them.

If someone came here to flip they came to the wrong board. Either someone didn't read the board or look at charts or level 2 or do due diligence on the company.

A five year graph of TelVue stock will show this stock has made steady, steady gains for years and years. This is a real company, with real executives, real products, a real market and real customers. They have an Angel investor and they are not going anywhere. There are very few graphs in the PINK/OTC that look like that on 5 years trend.

The present. There is no way you can get out today and probably tomorrow, etc. etc. The Bid/Ask spread has been like this for MONTHS if not years. This must have been noticed when the stock was bought.

I don't recall anyone posting here that someone should buy a few shares and flip this thing and make $50. I don't think you will find that here. If someone missed what is happening here, start at post 2993 and come forward.

It's been posted on this board forever that if you are going to buy TelVue you buy some shares and hold them. Buy and hold. Buy and hold. TelVue has a total of about 260 investors last time I checked. And a 10M float.

Do what you want or say what you want. There have been very few weeks this year when I didn't pick up a few shares out of that meager paycheck of mine. I am used to getting my orders filled at bid when I ask for them at ask. Not because NITE is my friend or neighbor or brother-in-law but only because there is only 1 job he has and that is to take the stock down.

If you cannot see that by looking at level 2 and seeing that the next buy takes us DOWN to 20 from 25, then you won't be able to understand what is happening here and this is not the stock for you.

If anyone feels cheated (note the stock is up today) then sorry, but I don't think anything posted here has ever promised a quick buck. I have not sold a single share of TelVue. Gerry Lenfest has not sold any of his 37M shares. There are no SEC filings showing a change in share structure = no dilution.

The only way to win this game is to accumulate and hold.

The day-to-day market maker tricks and the shakey hands and all the circus that goes with it doesn't cancel out the fact that this is a real company with a low float and a bright future.

TEVE up 25%.

This has to be the highest volume I have seen in ages.

TEVE up 25% again.

I see NITE is way cheaper on the Ask than the other market makers - what else is new.

Wouldn't want this thing to go up, would we.

That's fine I got me some cheapies today. I'm still well up on those shares I got at 9 and 12 cents. Even the ones I got at 14-17.

TelVue up 56% YTD is nothing to sneeze at.

TEVE. Thank you again. Come visit our board sometime. Never a dull moment.

TEVE. Thanks very much for this. I may be reading this chart wrong but there seems to be something wrong with. Stock pulled back 4 cents to 20 cents, down 16.7% but this chart is showing down 3 cents and 15%. Delayed quote?

Looks like a buying opportunity. Earlier NITE asking 24 cents for shares, now only asking 20 cents. He's 10 cents cheaper than AUTO!

Slight pullback on TEVE. Stock is still up 87.5% YTD. Time to get in. Ask = 20 cents but don't be afraid to try to buy at Bid. NITE is loving to sell at Bid over there.

A reminder for those that do not have Level 2.

You can still get Bid and Ask quotations by market maker for TelVue here:

http://www.otcmarkets.com/stock/teve/quote

Right now ETMM is on the Bid for 16 cents. NITE is on the Ask at 24 cents, a full 5.8 cents cheaper than AUTO (what else is new).

Reply from the compliance department of my broker:

[salutation]
"The orders in question were placed through a [redacted] managed route which had confirmed issues on Friday afternoon. [redacted] is our clearing firm, and orders placed on the web trading platform are managed by the [redacted] route. According to the web platform developers, during the last minutes of trading on Friday, they experienced an issue that resulted in some orders being delayed in processing. Some orders entered prior to 4:00 could not be processed until after the market closed, causing them to go into a 'Queued' state, and not be sent to the market. Those orders were released to the market on Monday morning. The developers of this 3rd party platform have confirmed that they are looking into the cause of this issue and will resolve it as quickly as possible. I sincerely apologize for the inconvenience caused." [signed]

That explains Friday.

On Monday, well that's another story. 1000 shares ordered. 40 minutes and 2 phone calls later order is finally executed. Excuse given: you clicked AON (all or nothing). I didn't think 1000 shares would take 40 minutes to put together.

It would appear there is no regulation stipulating the time in which a trade must be executed but there are reporting requirements. This is the link for the requirements:

http://taft.law.uc.edu/CCL/regNMS/rule605.html

I have a very short email here from CEO CPOW, Mike Shenher.

He says: "Still in China but keep watch."

I guess he means watch for news because that's what I asked him for.

Get off your butt and take this message to Garcia.


Qtip is referring to an Essay written in 1899 by Elbert Hubbard. We have discussed this here before but new people come along and they don't go back to post 2993 and read forward. If you are joining us here now, prepare to have your day disrupted.

Per Wikipedia:

According to language expert Charles Earle Funk, "to take a message to Garcia" was for years a popular American slang expression for taking initiative and was used by many people who were unaware of its origins.

The full essay can be found here:

http://www.birdsnest.com/garcia.htm

Grab a dictionary because you are going to need it. Those that could read in 1899 had bigger vocubularies than we do now. You may choose not to read it but I suggest you do. It says a lot about what is wrong with business today in less words than most of the books you will find on this subject.

Back to TelVue. The I-Box gives you some details. The company's nice website can be found at www.telvue.com. I uploaded 2 videos over the weekend and they can be found and watched, both under 3 minutes. Read up on the company. This is not some pie in the sky. We've got 2 things going on here:

1) A good company with good products, a good future, an expanding communications market and a customer list that is to be envied by many OTC companies. Don't forget the Angel Investor who is also the Chairman of the Board. TelVue is an OTCQB company. The future: uplist to NASDAQ. Dividend Payouts. Institutional buyers. Etc.

2) A short squeeze. This fact will be contested again by those that claim shorting of penny stocks doesn't happen or what is seen on RegSHO lists are only temporary shorts as things settle and yadda, yadda, yadda. Fine, if this is the case, there is no reason then for FINRA's new regulations (28 Feb) about short selling. Think about this. Every finance website you can find: Bloomberg, Yahoo Finance, Google Finance, etc. gives TelVue float at over 10M shares. That's a low float compared to most "penny stocks". Still 10 million shares - well that's a pretty big stack of paper. And looking over the volume here, we find a big day on TelVue trading is between 15-30,000 shares trading. Hm. A few thousand shares trading and a 10 million float. Should be no problem, right, to get some shares. But oops! TEVE appears 5 times on the SEC Fail to Deliver lists in the last half of March and believe me April is going to be worse when the SEC puts that list out. THIS PART HAS NOTHING TO DO WITH THE COMPANY. They show up for work, maybe after having grabbed a coffee at Starbucks, and they get to work and they bring us 1000 PEG (Public Education and Government) TV stations, servers that can handle this type of work and web based TV (WEBUS) and other products. Meanwhile, over in market maker land, well they have some problems it would seem with delivering the shares. 10M float. Can't find a few thousand. Someone got some 'spaining to do, Lucy. Need some shares, market makers? Then why don't you raise that Bid and get someone to sell you some so you can deliver those that others want to buy. I thought you were there to "make the market." If so, then WEAR YOUR HAT AND DO IT. Oh, this time it's my mistake. Your job is to take a shareprice down so you can cover. I guess in that respect you are "doing your job." How long can you keep up that little charade when the company being shorted is not going anywhere and when volume is picking up and more people are coming to the table, buying and holding.

You don't have to own a ton of TelVue. You just have to buy some and accumulate. But that first step of buying some is up to you - takes some initiative.

The very first shares I got of TelVue I put in a buy order at Ask and got them at bid - 9 cents. I don't mind horribly if you get shares below Ask but I'd like to hear if you do. In another time maybe Level 2 will be regulated differently and appear differently. For now, a trade executed closer to Bid than Ask is marked in red and called a SELL. A trade executed closer to Ask than Bid is marked in green and called a BUY. When shares get bought at Bid sometimes folks think someone is selling. It is actually pretty rare for someone to sell shares. Just ask the market makers with their butts hanging out on the Fail to Deliver list.

Over here we like to accumulate and not sell until the time is right. You'll know when that is.

TEVE. 26% gain yesterday. 18% gain Friday. Low float play.

TEVE. Indeed so. Financials due 5/15/2011 for 1Q.

TEVE. Up 18% on Friday. Up 26% today.

Visit the board.

TEVE. TelVue up 26.3% today after being up 18% on Friday.

TEVE. up 26.26% today.

Well I got some shares today but it took 40 minutes and 2 follow up phone calls to fill it.

TEVE. I would like to think so, yes.

Come visit us on the TEVE board.

More about TelVue:

TEVE. Telvue up 15.8% today after being up over 18% Friday.

TEVE. up 15.8% today. up 18% on Friday as well.

I thank you for this.

I guess we will see what happens with TEVE come Monday.

The transaction of 750 shares in question was not at Ask it was ABOVE ask. This took place on Friday near day end as TelVue Level 2 was showing the Ask going up. I thought we were headed into a run. I wanted shares. The market closed at 4pm. 750 shares were ordered and not delivered. The broker was called. A report was filed. When I mentioned this occurrence I never expected all this controversy. There may very well be a logical explanation for what happened but I don't have it. Never happened before. I have bought small lots of TelVue many, many, many times this year. Every trade was executed in SECONDS. I am going to apologize to you all in advance for opening this can of worms. I saw what I saw and that's my reality. If you challenge it that's fine. Believe me, don't believe me, I don't care. There is nothing I can do on a Sunday to shed any further light on this. On Monday when my brokerage is open again I will try to obtain a statement from them and I will let you all know. I cannot guarantee they will respond to a complaint I filed at the end of the week by the end of the business day on Monday. You will hear when I hear. If there is a good and logical reason for what happened here I will be the first to let everyone know what it is. Don't think I haven't been trying to figure it out myself, it is quite vexing. I ask myself maybe it's because it was above the Ask but that doesn't make sense. Maybe because I clicked All or Nothing but the order was so small!! It wasn't like I ordered 10,000 shares. Is it that hard to get me 750 shares? That was my question.

I have read over the SEC website last night and there is this statement:

No regulations require a trade to be executed within a certain time
There are no Securities and Exchange Commission regulations that require a trade to be executed within a set period of time. But if firms advertise their speed of execution, they must not exaggerate or fail to tell investors about the possibility of significant delays.

http://sec.gov/investor/pubs/onlinetips.htm

The poster that has challenged me has said a transaction has to be executed within 2 minutes. That's what I thought too. I have heard that many times. But now I can't find that anywhere and that info is contradicted by the SEC statement above. When the end of the trading day was approaching and I wanted those 750 shares, that 2 minute time limit datum was on my mind. When I made my infamous post Friday night I was thinking with that datum. Now I have read the above statement and I am going to myself maybe I am wrong, maybe the order was overlooked, maybe someone was ahead of me, maybe, maybe, maybe. I don't care about the reason the transaction didn't go through. I know it happened. I have the screenshots. I will not post anything more on this matter until I have called my broker Monday. I will not disclose the name of the broker on this board even when I have their response.

I will not disclose ANYTHING that I don't feel like disclosing. Last time I checked it was a free country. Don't like it? Put me on ignore and skip over my messages. I don't know you. You don't know me. You don't want to know me. I am a grumpy guy. It's the internet people and everyone is here for a reason.

TelVue is a good company and a good investment. Don't decide whether you want to be invested in TelVue or not because of me. PLEASE. Phrantic is correct that message board messages are not a basis for buying and selling stock. This applies to his messages. My messages. Any message. He's right - SEC filings are best. There is an SEC filing (8K) where Gerry Lenfest has extended the terms of his loan to the company to 1 Jan 2016.

Here's that link again:

http://ih.advfn.com/p.php?pid=nmona&article=47015480

Read that all and make your own decision on what it means.

As usual, Qtip knows how to make a point. Good post.

According to the Adobe Flash animation intro at the TelVue website, www.telvue.com, their PEG TV stations now number over 1000. This is the only correction I would make to that post.

For a list of TelVue customers visit their website or scan over the I-Box.

I've told two DOZEN.

Not all of them are broke like me and unable to buy more than 750-1500 shares at a time.

The point has again been raised over here about the debt owed to Gerry Lenfest by TelVue. In case this was "missed", the terms of the loan were extended to 1 January 2016. Here's the link:

http://ih.advfn.com/p.php?pid=nmona&article=47015480

Good luck to TEVE investors. Have a great rest of the weekend.

When I wrote my last post at 2am last night and then turned my attention to other pursuits, namely sleep, I had no idea I had spawned the discussion that has ensued all day today over here on the TEVE board. Some of us work weekends. I want to thank Hockmir, Qtip and JZ for defending me while I was at work. I am, however a big boy. This thing has become rather a mess and I am accused of spinning a web. If you ask me, I haven't spun the web but my words have been twisted around a bit. I am not sure I can easily clear this up but I will try. This post is about TelVue and my effort to get some TelVue shares on Friday, the failure to get those shares and the filing of a complaint on this matter. I really don't care what other posters think about me and I don't have any ill will toward other posters. In the interest of full disclosure I have blocked a certain poster which is my prerogative.

Firstly, I will refer anyone who really cares to my original post. It has not been edited since I posted it around 12:29AM EST.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62605729

I described how 750 shares had been ordered at above the going Ask and no shares were delivered to the account. I explained my call to the broker had them confirming that the order went in and scratching their head why no fill. The orders expired at 4pm with the close of the market.

Another I-Hub user posted the following:

Why aren't you calling your broker for that?

To this I responded that I had called the broker and that fact was in my original post.

At 1:52am this same poster posted a message which included this statement:

If you'd like the phone numbers to all the market makers, I'll post them for you. Also have a link to the SEC and FINRA for filing complaints I can post.

I have never called a market maker directly and cannot see what purpose that would serve.

One minute later, at 1:53am, the same poster:

Did you ask them to file a complaint on your behalf? There was nothing in your post alluding to calling your broker.

To this, I responded:

I'm way ahead of you on filing the complaint.

I already have the phone number of the SEC rep that is evaluating NITE's handling of this stock.

You will notice in this thread that I at no time did I say I had called or filed my complaint with the SEC. There are 2 separate points here. One is filing a complaint. Next paragraph and point is me stating that I already have contact info for an SEC contact. The poster had offered to give me a link to the SEC and FINRA for filing complaints. I didn't need the link offered I know my way around the SEC website and I have a contact who I will contact if and when needed.

A little later, the same poster replies to me (by this time I was tending to my bedtime):

Please post the name and number of the SEC agent you spoke to, I'd like to give them a call Monday.

I never said I spoke to someone at the SEC. I said I had filed a complaint and I have the number of an SEC contact. I didn't say my complaint was filed with the SEC and I didn't say I called someone at the SEC.

Here I quote the SEC website:

http://www.sec.gov/investor/pubs/howoiea.htm

How should you handle a problem with your broker or adviser?
Act promptly! By law, you only have a limited time to take legal action. If you can't find a quick answer or solution to your investment problem on our website, talk to your lawyer or follow these steps to solve your problem:

Talk to your broker or adviser and explain the problem.

Note: If you believe your broker engaged in unauthorized transactions or other serious frauds, be sure to put your complaint in writing right away and send it to the firm. Your written complaint may be the only way to prove that you complained to the firm about unauthorized transactions. For more information about unauthorized transactions, please read our "Fast Answer" on that topic.

If your broker or adviser can't resolve your problem, then talk to the branch manager.

If the problem is still not resolved, write to the compliance department at the firm's main office. Explain your problem clearly, and tell the firm how you want it resolved. Ask the compliance office to respond to you in writing within 30 days.

If you're still not satisfied, contact one of these offices that oversee the securities industry:

The SEC's Office of Investor Education and Advocacy. If you have a complaint, please use our online complaint center.


The nearest office of the Financial Industry Regulatory Authority (FINRA), which regulates most securities firms and brokers. You can also fill out a complaint form on FINRA's website.

Your state's securities administrator. You can find links and addresses for your state regulator by visiting the North American Securities Administrators Association's website.


My complaint has been filed with the broker as above. 750 shares were ordered, none were delivered. My orders normally get filled in seconds and believe me I have placed plenty of orders for TelVue shares this year, granted they have all been fairly small but there have been many. The human I spoke to Friday at the brokerage had no idea why the order wasn't filled. I have the order ID screenshot with notation of acceptance. I have the screenshot of order expiration. NITE was cheapest on the Ask at 24 cents. These were limit orders above that Ask. I consider the broker responsible and they can file their reports on proper channels and I guarantee you they will if I have something to say about it. I will call them again on Monday. Hopefully there will be no problem getting the 750 shares on Monday that I asked for on Friday. If there is, maybe THEN I call the SEC.

Who is the broker? None of your business. I haven't met anyone on this board in person. It's my prerogative what information I share about myself, who I talk to, what my trades are, what broker I use, etc. This is about TelVue, buying and selling TelVue, what happens with TelVue shareprice, etc. not me. I will remind everyone that if the 750 shares asked for had been filled at Ask, TelVue would have closed with a shareprice of 24 cents and not 19. I am sure anyone that owns TelVue shares (real investors) would have prefered a close at 24 over a close at 19.

I was under the impression we were all on the same team of wanting a return on our investment.

Granted my message was long winded even for me, but it was in there:

A stock with a 10 million share float and you cannot come up with 750 shares? The reader may assume there was some problem with the order. Well, I thought the same thing so I called customer service of my online brokerage firm. They confirmed the order went in and they were scratching their heads why the order wasn't being filled. Kind of points up the fact there is something wrong though, doesn't it, when a market maker (NITE) cannot seem to find 750 shares but yet he will block another market maker (AUTO) from filling the order. Didn't I mention I was willing to get them from AUTO at 29 cents?

Have a good weekend.

I'm way ahead of you on filing the complaint.

I already have the phone number of the SEC rep that is evaluating NITE's handling of this stock.

Enjoy your weekend.

I guess you didn't read my message. I did call them. So did others that use a different online broker than I do when their orders didn't get filled.

My customer service rep was astounded that a small order for 750 shares couldn't be filled. He did try to bypass NITE and get AUTO to fill it but no joy. I guess we will see what happens on Monday.

Have a great weekend.

You're up late.

Next financials due 15 May.

Shareholder conference 2 June.

Or how about just a whole lot of people coming in to buy.

I wasn't the only one that had orders that didn't get filled today. Care to guess how many went unfilled at Ask?

Some I-Hub members have messaged me asking about TelVue -- TEVE. I'm getting a little tired repeating myself so I'm going to write something here and hopefully it will make sense. If it doesn't, I apologize. And as if this wasn't already clear, these are my viewpoints and no one has to take them as the gospel truth.

The principles of OTC trading are supposed to be fairly simple. There are 2 sides of a ledger. There is the BID which is how much you will be paid if you are selling your shares. There is the ASK which is how much you have to pay to buy shares. The market makers are supposed to make the market. On something called Level 2 you can see the market makers and their Bid and Ask prices. Your orders are routed to the market maker with the best price. If you are buying shares you are entitled to get them at the cheapest price available.

Here's the closing Level 2 for TelVue -- TEVE -- today:
http://www.otcmarkets.com/stock/teve/quote

As you can see, the market maker with the lowest Ask price was NITE with an Ask of 24 cents. AUTO was next in line at about 29 cents. I like TEVE and I have been accumulating it for months. Some money finally cleared in an online trading account I have and I really wanted some more shares. To make SURE that I would get them, I put in a Limit Order for 29 cents which is what AUTO was asking. What SHOULD have happened was that NITE should have filled the order at 24 since he was the cheapest. And if he didn't have any shares, he should have gotten the hell out of the way and let AUTO fill them at 29. Instead, NITE let my order expire. Seriously dude, was it that hard to find 750 shares? I know, it's not that many shares. It's embarassing I am so broke I can only order 750 shares. But what gives? A stock with a 10 million share float and you cannot come up with 750 shares? The reader may assume there was some problem with the order. Well, I thought the same thing so I called customer service of my online brokerage firm. They confirmed the order went in and they were scratching their heads why the order wasn't being filled. Kind of points up the fact there is something wrong though, doesn't it, when a market maker (NITE) cannot seem to find 750 shares but yet he will block another market maker (AUTO) from filling the order. Didn't I mention I was willing to get them from AUTO at 29 cents?

Alright, so here we have the crux of the matter of why I am buying this stock at all. Some will get it and some won't. If you don't get it, there is nothing more I can say to clarify it.

If NITE has shares he should sell them. If he doesn't have shares he should raise his Bid, get some people to sell him some shares and then re-sell them to me for more than he bought them for. This is what market making is. If he is not willing to raise his bid to get some shares and he doesn't have any, he should not even be on the Ask at all. By the way, NITE's Bid for TEVE is 13.22 cents. He really doesn't want to buy any now does he? He will sell them to you for 24 cents -- or in my case NOT sell them -- but to get some for re-sell he will only pay 13.22 cents. How long before many, many others catch on to what is going on here and NITE has to raise that Bid out of pure survival to cover? How high will that Bid go when TEVE investors won't sell their shares?

SOME WILL COME TO THIS BOARD AND SAY THAT NITE IS NOT SHORT AND I SHOULD PROVE THAT HE IS. Today when I ask for 750 shares and cannot get them for even 29 cents that is proof enough for me. The appearance of TEVE on the RegSHO A-N-D SEC Failure to Deliver lists (this combination can only mean the shorts are not temporary unsettled transactions) is further proof.

People either understand this or they do not. If they do not then they may not understand why TelVue is a place to come and buy and hold shares.

Why am I here? Why of all the stocks in the OTC do I like this stock?

1) Low float. 10M shares only and some of those are owned by insiders.

2) No dilution. The company does not dilute to finance itself.

3) Largest shareholder and Chairman of the Board of TelVue is a billionaire who recently extended the terms of loans to the company to 2016.

4) This is a real company with real products and real customers. 1000 PEG TV stations. Customers like Comcast, Homeland Security, the State Department, the Department of Transportation, cities, towns and universities across this great nation.

5) A market maker (NITE) that is always fighting to be the cheapest on the Ask. A market maker (NITE) that has a SHORT POSITION and who apparently cannot fill orders that are placed and yet won't let any other market maker do that or raise his Bid to get some shares to sell. Again, seriously why the obsession with being the cheapest market maker on the Ask if you aren't going to sell shares to people that want to buy them? Why not simply get off the Ask and let other market makers sell shares? There's only one answer to that and by now you either get it or you don't. If you don't, there are hundreds of other stocks to buy. THE ABOVE FOUR POINTS ARE NOT IN QUESTION. SOME WOULD DISPUTE THIS 5TH POINT AND ARGUE AND DEMAND PROOF OF THE SHORT POSITION. I SAY IF HE'S NOT SHORT THEN FILL MY ORDERS OR GET OFF THE ASK.

YOU DECIDE.

WELCOME TO THE MOASS.

TEVE up 18.75%. Closed at 19, closing Ask 24.

News out.

http://ih.advfn.com/p.php?pid=nmona&article=47476264

TEVE. Up 18.75%.

Great article.

It happens on occasion that stocks are sold at BID by a market maker. On occasion a market maker may buy back shares at Ask. These things do happen and they cloud what is really happening with a stock. There is one stock I buy almost every week and many times I have been sold stock at Bid. There are reasons why this happens but like the old long joke about the monk searching for the meaning of life, you have to be a market maker to know.

This thing is going on now:

http://www.bitlifesciences.com/wcbe2011/schedule.asp

It would be good to have some intel/due diligence on this.