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gabeh

08/11/14 10:58 PM

#17867 RE: Jackroch #17865

Well if people want to sell they sell at the bid. You must be with a full service broker. Selling at the bid still netted them $50 bucks after commission. Better than nothing, I suppose for someone who's had enough waiting.

kaymeyer

08/12/14 6:22 AM

#17868 RE: Jackroch #17865

Actually it may be of assistance to you to familiarize yourself more with trade executions. Each transaction requires both a buyer and a seller. In this instance what we had was someone heeding the desperate calls to buy 5 or ten shares. While this is most unfortunate for the investor who now has increases their Telvue position, it shows very clearly the desperation that most investors feel. Investors want out and as we saw here, investors are jumping at the chance to sell even 5 shares at a time and paying a commission to do so as they feel that they must jump at any chance to sell since these opportunities do not come along often. Investors are beginning to realize that there will be no disclosure, certainly no dividend, and their financial losses will be commensurate with the number of shares that they are unfortunate enough to own.