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Re: pual post# 16367

Friday, 01/15/2010 7:55:35 PM

Friday, January 15, 2010 7:55:35 PM

Post# of 19550
YES, BUT the VOLUME is still NOT YET HIGH ENOUGH to make us feel that it will stay at the current price. We can expect some PROFIT TAKING next week that will pull the price down.(Although, we could be wrong and there could be something going on that we don't know about yet - in that case, maybe it will stay at the current price, or continue to fly). (By the way, just to confirm, is the BID/ASK currenty 0.07/.13? If yes, why such a WIDE MARGIN?

And, by the way also, it's weird that the stock went all the way up to 0.23 ASK PRICE today and then declined so fast down to 0.13 for the ASK PRICE on the same day.

It seems that there's manipulation going on, possibly.

CONSIDER THIS: It is HIGHLY UNLIKELY, given today's activity, that the BID PRICE will reach 0.20, AND STAY at that price for more than TWO WEEKS, while maintaining VOLUME of at least 300,000 or more for each day of those two weeks. (But who knows? IF something really good is in the works, THEN this stock could FLY to a much higher level that will make us BELIEVE in VELTEX AGAIN.)