InvestorsHub Logo
Followers 33
Posts 7560
Boards Moderated 0
Alias Born 12/15/2002

Re: None

Wednesday, 06/11/2003 3:11:25 PM

Wednesday, June 11, 2003 3:11:25 PM

Post# of 19547
Whatever this is all about, it's fun to watch. 6,000,000 shares traded today and the price doesn't move (unless you call a swing of $0.0004 a move). Sellers are probably the company (at $0.009 ???)they are either desperate for cash or throwing their shares away at one end and picking them up at the other end) and some people are giving up (they definetely are desperate) and setting up for tax releif (what is the rush?).

On the other hand somebody is also accumulating (3,000,000 shares were bought within 8 minutes around noon today). Why would someone invest (???) close to $30,000 in Veltex right now?

Matin and his close ones either are engineering what I call a reversed scam or are mismanaging a company worth more than $1,000,000 net (100,000,000 shares at 1 penny).

I hardly can beleive that someone out there is mismanaging a scam the way theses people would be doing it.

However anything is possible.

I look forward to see how this story will unfold ???

Till then I am enjoying trying to figure it out, whenever I want to get away from my investment portfolio (going great these days...Thanks)



Patiently,

Roger