GREY:TVETF - Post by User
Post by
SammyBoyon May 17, 1999 6:07pm
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Post# 851778
TVL does have a business to run
TVL does have a business to runI am not trying to knock the stock down. Infact, I am extremely positive about TVL (see my previous postings). I think TVL has an explosive potential, and I am currently holding TVL shares. I am riding TVL all the way to $10. However, the point I was trying to make is that TVL is a publically traded company afterall, and although the management at TVL does not sit there all day and watch how daytraders are reacting towards the stock, the performance of their share is of great importance.
This means that TVL does and will try their best to sustain the value of their share, and in order to do that, they have to announce something by tomorrow otherwise I can see the stock dropping a good 25%.
TVL does have other things to do beside monitor the stock price, but TVL's revenue compared to their market value is -272. Holding a big market value provides TVL with more publicity, more financing, bigger chances of a takeover ...etc.. and most importantly, more money.