Telvue Corp. (fka TEVE)

[phrantic]

Take a studied look at this 6-month daily chart. Not only does it demonstrate flipping/daytrading within the annotated channel since last April, it also clearly shows a .10 range within which it occurs. Remember, it only takes .02 X 50,000 shares to equal a $1,000 gain, but clearly there's a significant difference between .02 and .10, right? This has been far more profitable for the gamer (singular) than it appears on the surface. Note the setup March 28th, expanded volume (an old trick to attract the herd) but in a very tight range, then the next day "they" buy the run creating a .30 price ascension and sell into the unwitting buying frenzy. Note how quickly price descends. No way to look at the chart and deny someone is playing this like a fiddle.
Again, until you guys formulate a strategy, this will continue ad infinitum. The chart and Level 2 will tell you how to beat them, study both.
Tip: Build a very strong bid for a backstop (leave in place) and avoid the ask like the plague. Once your backstop is in place, then place your buy orders in front of your backstop. Form your strategy around making the seller come to you., use Level 2 and the chart to accommodate your strategy. Make no mistake about it, one person will not defeat the "player", it will take a unified concerted effort, a oneness of mind among all that will listen and actively participate. Making the seller come to you deprives him of profit!!!