Veltex Corporation (VLXC)

[pual]

Not being a trader myself but an investor, I also play the high risk, high potential game with 5% of my portefolio and have fun doing it. I sometime loose (company folding), sometime suffer set backs (companies going away for years and then coming back months or years later) and sometime hit good ones (Companies having great difficulties, running the risk of going under and coming back).

I lost a lot on Consygen, made a lot on NT (Bought 10,000 at 98 cents when people tought it was going under) and have a few good (???) prospects (LYT in Canada or UVCL on OTCCBB as examples).

Buying them is has easy as getting at the blackjack table and selling them (or leaving the table) is the tough part. The advantage of black jack however is that if you (sell) leave the table, you most likely will never know what would have happened had you continued playing. With the stock market, if you sell, you then easyly find out what it would have been staying in.

However, as I think you say in english: "Better a bird in the hand than in the bish"... or something like that.

For the moment, VLVT is not an issue not being worth much more than the commission it would take to get rid of it. But if (God permitting) it goes to 2, 5 , 10 or more cents, selling will become quite a problematic decision for most of us (Gee I would like to have the problem). On the other hand, only Matin and God seem to know if such a problem will ever confront us...