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Very well said Gratzi!
80 is so cheap. It is a much better buy now. It’s not only a company with a huge tax savings to either take advantage of when profits start rolling in, or to pass along to a suitor, or both, but it’s also going to be the largest provider of addiction treatment in the state of West Virginia where the problem is huge. When Mt Hope is opened up and generating revenue, 80 will look
incredibly cheap. When the others open, it’ll look even cheaper.
The “real run” is still ahead
We are just getting started Jasper! You’re pinching yourself and others will be kicking themselves for not buying this stock!!
Market orders from the inexperienced and uninformed. That’s all. Doesn’t change anything.
Looks like we go to 80’s to a buck soon, possibly by the end of the week. Like I said before, nothing stopping it now. No resistance. This is going to start getting noticed with this run. Patience has paid off for all of us. But the best is yet to come! The “real” run
So true Mikester! Very cheap
That’s okay. It’s to be expected. They’ll probably be buying back in at higher prices
Yep! Getting to be about that time! And there’s really no resistance above 55 so sky’s the limit!
Enjoy this ride all. It’s going to be a fun one. Leaving the 50’s behind next!!
Agree with you, and it seems to work almost every time
And MH will open when everything is in order. But not before. As you say, this team is very careful and deliberate in their approach. No fluff, no BS. They are building a substantial business and that takes time. If you are going to do it right!
Once it gets high enough it can be bought by institutional. Once it is no longer a penny stock, it will get a lot of attention IMO
At some point, and hopefully in the not too distant future, this stock will get a big following and when it does, we will reap the rewards of being patient holders
I think all or most of those questions will be answered over time, and a lot of your questions about timeframes. We can guess on timetables and reactions but I think Mt Hope has to be getting close to opening and it should be an almost instant success and begin generating revenue immediately. And of course any net profits from that operation and the other deal that was announced will be tax free until the Veltex tax loss is exhausted, which will take quite a while- has to be getting close to $200 mill now. I think a lot of answers might be obtained at the shareholder meeting next month, and maybe between now and then we get some more good news!
Some good bids in. Countdown for takeoff
It won’t be long before we say bye bye to the $.50’s notanindex!!
Bye bye $.40’s!!
Completely agree
Should be going into the 50s this week from the looks of things. Once we go above 55, who knows where this goes
If that’s the case then we are either out of, or very close to be out of, any cheap stock.
How are you calculating the float? I think it’s much higher than 2-3 mill
True that the buyer is good at scaring sellers but it’s good that he or she is cleaning out the small holders who dont want to hold until things really come together and significant revenue is being generated. But at some point the little guys will be gone and those low prints will also be gone. The short interest is puzzling. Not sure why anyone holds a short on this company right now. They’d be wise to cover if they haven’t already. But not my problem!
It’s finally begun. Doubt we will see any trades below $.40 ever again. The victories are going to pile up, and the foundation completed, so that the V rocket can be launched. If this stock gets any kind of a real following, as it moves toward $1.00 and beyond, it’s going to be a very fun ride. Either way, it’s great to be a Veltex shareholder! There’s at least a $.75 value in the massive judgment they got, and now they’re in one of the most important businesses of our time. Helping drug addicts. And it’s a very profitable area. Profits that will be tax free until we get past what? $175million? An amazing turnaround by the Veltex leadership. It’s been thoughtful, measured, consistent, and persistent.
Volume picking up today. For good reason! They’ve finally found a great match. Enjoy the ride folks!
Ha! I think the list in the US is growing and they’ll be big shareholders!
I would think all the answers you’re seeking will be addressed at the shareholder meeting. In any event, you’re so right. This is a VERY exciting time for Veltex shareholders!! Patience is going to pay off big time.
I think the word is getting out that something big has been hatched and this stock should is going to take off as a result.
MMs aren’t stupid. If they see what’s happening with this co, they’ll hang on and ride it up.
The bidding has begun folks
Have to think that news will be out before the shareholder meeting in July, just 8 or 9 short weeks from now. The stock is cheap but it won’t get bid up for real until we get some further clarification of exactly what the great Dr Harry is bringing to the table and how it will be monetized
The stock needs new buyers, new investors! Anyone who gets in now is going to do very well indeed. So spread the word folks! If the buzz gets loud enough the stock will go, and it should, because what’s ahead is very exciting. Especially compared to all these years of waiting. Dr Harry is the perfect partner. A brilliant doc but also, more importantly for V shareholders, a brilliant businessman.
This is now a matter of when, not if!
Don’t know when Shareholder meeting is going to be but I suspect it will be in the next couple of months or so
Veltex has finally turned the corner. It’s taken a while but a new day is dawning. These guys really worked long and hard to identify the right partner that could take advantage of the incredible tax benefit associated with the company. Now all they have to do is execute and how they’re going to do that will become known in the next few months at the shareholder meeting! Executing their biz plan may take a while but this stock is finally going to be given the value it deserves!
Kudos to this management for persevering!