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Re: qtipjoe post# 3637

Tuesday, 05/03/2011 8:43:33 AM

Tuesday, May 03, 2011 8:43:33 AM

Post# of 20680

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.

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