VLXC: $2.97 was an error. The highest trades were between $2.05 and $2.08, with excellent volume - many trades of 5000 or 10000 shares.

I added to my position at $2.02 and $2 near closing.

I think you probably can get around $2.3 or more by this Friday, 6/17/05.

VLXC's trading activities are excellent for the up trend to sustain. I will continue to add on weakness and new break, such as today's close.

Also added RAE at $3.01.

Bought more VLXC $2.02 & $2.00.

On VLXC's trading:

Maybe so, but in what time frame? If it gets to $3 in a week, I'll certainly sell and take my profits and run. But if it gets there, say in 1-3 months, with a steady bullish chart, I will continue to hold and buy more during minor retracing.

It takes time and trading volume to repair the technical damage, and digest the overhead supplies.

The only unfilled gap that I can see is on 5/13/05, which is a small gap (1.01 to 1.05). I expect VLXC to settle at $2.1-$2.3 in 1-2 weeks. I'll add to my small position if it retraces to around $1.4-$1.5.

If it trades below $1.4 for any length and volume, then something is wrong, at least from technical point of view.

http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=vlxc&time=&freq=

Added VLXC today $1.7.

Sam:

Technically, VLXC most likely will trade at $2.1-$2.3 in 1-2 weeks.

I bought in at $1.41.

George

Technicals on VLXC is very bullish. It is a break away to the upside. The 1-2 week target is $2.1-$2.3. ($1.45-$0.75=$0.7; $0.7+$1.45=$2.15)

I'd like to see a little pause before the advance to $2.2 area. This is how a strong base is built.

I bought in today at $1.41. Will look to add on weakness.

Another stock that I took a much larger long position today is RAE, which is already in AMEX.

Pay up on VLXC. Bought a little $1.41

OCA stopped out $2.23. Switch to RAE.

Bought RAE $2.75

On OCA: I trade from minutes to hours to days. Charting I use 1 min all the way to monthly.

My key on OCA trade is actually volatility and daily range. Will sell my $2.2 around $2.6- $2.8.

My stop is now $2.25.

OCA is making all time low. I have no clue how to value it fundamentally. My trade is a pure technical nature. Will day trade and swing trade for a few days while volatility is great.

Bounce high of $5.15 on 4/14/05 to break point of $3.7 is $1.45. Take $1.45 from $3.7 is $2.25.

Bought OCA $2.2. Will buy more in the next few days. Massive shorts will take profits for a bounce soon.

VLXC: Excellent point on using "under valued stock as currency" - not prudent on Matin's part, and a warning signal for the shareholders.

Look at what happens to OCA when accountings are not clean.

I think VLXC is coming to lower half of the Bollinger Band, after a few days of distribution around $1.3.

You may be correct about calling VLXC's low market valuation as under value if the share counts remain about the same. There are a lot of stocks for sale and are being sold at $1.3-$1.35. Where do the shares come from?

It seems that market makers are determined to jam the prices at around $1.3 with some selling from retail customers taken away by market makers at $1.2 - $1.25.

I wonder if anyone has the OS count update?

Is there a good fundamental analysis about LLLI? I could only learn a little from this release:

http://biz.yahoo.com/e/050523/llli.ob10qsb.html

Please correct me where I am wrong. There are over 50 mm shares outstanding. There has been no sales. I do not have info on balance sheet.

At this point, the stock, in my opinion, is way too hot and over bought. It has market cap of $185mm at $3.7/share on zero sales. It might be a pump and dump scheme in the near term. I'd avoid it or take profits (at least partial profits)if I had the shares.

The way VLXC has been priced by the market of PE of 1, $1 mm profits is worth exactly $1 mm.

Good point that VLXC could pay cash from operations for acquisition. If so, why not proudly spelled it out in the press release that X amount of cash from profits will be sued for the purchase? Doing so certainly will be more specific about facts and add credibility to the press.

I'd probably buy some shares because of it if they had done it.

I predict VLXC will slowly bounce up and down in the Bollinger Band, until the band becoms 10-15 cents in width.

I understood that. I am saying "fees have been paid" should accompany every release that OTCGrowth.com promotes on behalf of VLXC.

After a while, it can be misleading to many small investors who read the press the very first time.

The release should have stated that Fin Walstad (OTCGrowth.com) had been paid a fee.

On DRL: It took over 3 1/2 years to rise from $10.8 to $49.4, which it gave it all up in just 5 months. What is it that goes wrong? More ugly stories to come than this?

http://biz.yahoo.com/ap/050527/doral_financial_mover.html?.v=1

I own shares of some private firms. I am getting much better reports, including details of ownership and financing, from them than VLXC.

Also, I do not believe all pinks are like VLXC -- almost as if Matin is hiding somethings important from the investing public.

I think it is more of the credibility of the management (Matin) than anything else.

Matin is just not credible.

Except if the new VLXC shares are issued at a substantial premium to market price.

The capital structure (ownership especially) and details of financing (including equity) deals of VLXC is one of the most important piece of missed information to me.

For TA to be effective, the aforementioned data is crucial.

For FA to be confirmed with TA, we need that data as well.

I am amazed at how a public company could get away without full disclosure of this information?

I guess maintaining the price at a specified range for a period of time is also part of the deal.

VLXC is in trading range $0.9-$1.3 - Bollinger Band.

On VLXC: Normally the equity financing loan shark cuts a deal with the co. to get the shares at a discount to market price (or average of market price for a period). For example, if a deal were made today, then the likely price would be $0.75-$1/share. Then, they would together work on pump and dump (to the investing public) schemes for the financier to get out of the shares at higher prices, say between $1.5 to $2.

All this happens during a period of 3-6 months.

Bought more IDEV $3.25

Bought a little IDEV $3.2

http://www.investorshub.com/boards/read_msg.asp?message_id=6434492&txt2find=bcgi+

I got caught BCGI at $4.8 just before the halt on Friday.

I think it is a short any bounce into the $4-$5 range.

May be so. But, I just took my bitter medicine, sold BCGI $2.4, a loss of $2.4.

Took my bitter medicine, out of BCGI at $2.4, loss of $2.4.

BCGI- Yahoo shows $72mm in cash and no debt. The appeals and reversal of the jury decision is their biggest hope. The infringements cover 90% of BCGI's revenue which is disastrous.
Another hope might be reduction in award and a favorable licensing agreement is reached.

I'll try to find an acceptable exit on my $4.8 share, or will be forced to double down in a few days when the dust settles.

This jury award againt BCGI could end it as an ongoing concern. BCGI is done unless a miracle shows up quickly.

A huge hair cut is expected in its share prices when it resumes trading.

T/A. It's a no trade for me.

VLXC has to attack $1.5 and stay above it with expanding volume to get me interested.

A one day spike and then languish lower with ever shrinking volume on "very positive press release" is a negative divergency on news.

http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=vlxc&time=&freq=

The chart indicates a basing pattern with lower high ($1.4 vs $1.32) and higher low ($0.74 vs $0.83). It most likely will trade between $0.9-$1.3 for a while with petty volume until next pump.

Thanks. This morning my low bid onBCGI was filled at $4.81 just before the halt. I wonder where it might go when it resumes trading? I'll buy more at $2.5-$3.5.

Is BCGI halted? I could not find any news.

Joined you on ABRX near close $6.22. Will trade it and hold it. Will buy more in the low 5 if made available in the next few days when margin calls hit.

Roger:

What you described certainly can be possible.

Net profits of a corp. normally means after all expenses, including interest payments, depreciations and taxes.

$11mm net profits a year is just too much money for Matin or anyone else not to try to grab it for his own sake, especially when it can be had at current market valuation of $8mm.

By the way, I think there was a typo in your post. It takes $25,000,000, not $2,500,000, at 4% to generate $1,000,000 for one year. Additionally, you would have to pay taxes on this $1,000,000.

It will take $275,000,000 at 4% (assuming tax free) to generate $11mm for a year.

George

Sam:

What prices do you think the newly issued shares Matin got for the co? If you think $3/share, think again.

If VLXC is making $11mm/year, it will have plenty of cash to make acquisitions in the size of $1mm-$3mm without further dilutions with cheap shares.

What Matin is saying thru press release just does not add up with a simple reality check.

George

Sam:

In one way you are right. What I meant was anyone would buy the whole co at $8mm if it really makes $11mm a year any day of the year.

There is a limit to value investing. P/E of less than 1 with 20% plus growth rate is just too good to be true.

Matin would have convinced himself to buy the whole co at $8mm even if he had to borrow. After all, VLXC is making $11mm a year. Why would he bother to convince the market that it is wrong?

Then, one day he can sell the whole co at, say, P/E of 10 at $110mm. And it is all his $110mm. And, before that day, he will be making $11mm and more every year and no need to be bothered by the investing public. What a life that will be.

George

Mushroomman:

Thanks for your well composed reply. When the market values a company at less than the earnings (P/E less than 1), I am curious to see what the deal really is.

There are many possibilities. The only one that I do not believe is $8mm market cap can make "net profits" of $11mm which is the only message in the press release. Anyone will take this "money machine" private.

That bothers me.

Thanks a gain,

George