Telvue Corp. (fka TEVE)

[AlanC]

Some folks don't like to believe in anything they can't see or is easily proven. That is why some folks just can't grasp the importance of the cloud nor can they accept the fact that companies have been attacked by naked shorters. Heck, I know that 13 years ago when I first learned about naked shorting I was convinced that our government would quickly intercede and force those who had sold all the non existant shares to buy them back and implement laws preventing it from happening in the future.
That was then and I am no longer nearly as naieve as I now know that our regulators not only allowed it, they looked the other way and often times were rewarded for doing so with a high paying cushy job when their regulator career ended. During this years many companies including TEVE have been attacked with the intent of driving them into bankruptcy. Some have been able to survive like TEVE but many have not and investors lost everything. The good news is that more and more companies are fighting back and demanding justice from those able to provide it and for the first time those who naked shorted and those that aided and abetted them are facing real danger. The pendulum is swinging back and expect to see lots of perp walks over the next couple of years.
In the meantime some may find this news of interest:
http://www.foxbusiness.com/news/2012/12/03/wamu-trustees-seek-goldman-probe/print
The shorts who have attacked TEVE are going to lose and the longs are going to win bigtime. Go TEVE!!!