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Friday, January 08, 2010 2:23:09 PM
Also, even though the volume is higher than usual, it's still, in ACTUAL DOLLARS, equal to NOT MUCH. We need the Volume to reach over 1 MILLION SHARES, for a CONSISTENT PERIOD OF TIME (not just 1 or 2 days), and for the stock price to SUSTAIN at a CERTAIN PRICE level, for us to know that VLXC is being taken seriously.
I wouldn't be surprised if the price pulls back because if it's only ONE BUYER trying to ACCUMULATE, the CAUTIOUS BUYER will let the price pull back in order to resume BUYING at lower prices. It seems that there's only ONE BUYER out there.
We need more than ONE BUYER of the stock out there for this stock to really FLY. (The ONE BUYER doesn't have to worry about someone else buying before the CAUTIOUS BUYER does and therefore can afford to buy slowly with price dips along the way). (IF the ONE BUYER is VELTEX trying to buy back its own stock, THEN due to the Company having LIMITED FUNDS, we can expect the BUYING TO BE SHORT LIVED followed by DECLINES in STOCK PRICE)
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