Thursday, October 09, 2003 10:55:50 AM
-The economy is picking up,
-The stock markets are in a bull mood
-Veltex seem to need cash (tens of thousands of shares per day issued recently)
Veltex is either a scam, a stuggling outfit trying to become a potencially profitable reporting company or anything in between.
Whatever it is you want to beleive, considering the general environment, how can you explain that Martin is doing absolutely nothing to give life to the stock???
Since when is someone working at a scam not doing anything (since June 10th at least) to suckin additional shareholders and to boost the value of his stock???
Assuming a more optimistic scenario, how can we explain that it takes more than one year to produce any credible information helping the value of a stock???
Could there be interest for someone in control to volontarely maintain the stock at sub-penny level for months and if so, what for.
I have been sucked in by scams, I have been very well rewarded by bets becoming investment with time.
I must admit that Veltex could be one or the other but it has a very curious behavior whatever the case is.
Note: I have never been involved in what I call a "reversed scam" (keep the stock low and accumulate till you open up books justifying rapid growth). There is always a first time ????????
I mwonder !!!!!!!
Patiently,
Roger
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