Veltex Corporation (VLXC)

[GratziPrego]

Mainly due to fear and a higher share count that the stock now has an even slimmer chance of going to $2.50.

The only thing that could make this stock rise to $2.50 is if Veltex wins a major Multi-million Dollar contract with a Major Corporation and/or Military Contract. And how likely is this to occur? It's unlikely is the answer.

The Buyback, if continued, but just provides "Temporary relief" due to Veltex having limited funds (Cash). How high do we think the Company is willing to buy its own stock. Remember, they're in business to make a profit, not just pump up the price, and sell at a loss later.

Most likely, there will be some "good news" coming up either preceded or followed by a price hike to .50, give or take .10, and that's it. This is mainly because of FEAR. Everyone here wants to jump out at the .50 level because of the FEAR of a downward slump after the upward jump (Volatility of the past is guiding our buy/sell decisions NOT logic based on Revenue/Net Income indicators)

Best wishes to all,

Gratzi