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Alias Born | 02/13/2005 |
Monday, March 07, 2005 1:44:18 AM
ABLE was less than $2.00 2-3 months ago, now just after getting listed on NASDAQ small cap, it's trading for $12.10!
I'm not saying ABLE is a good buy right now since I would say it's extended. Look at the possibilities for VLXC if they get listed on a major exchange. Yes, they have work to do and no I'm not saying VLXC will necessarily be $12.00. However, VLXC makes more $ per share than ABLE.
Institutional investors most often can't buy a stock until it files it's form 10 and has audited financials.
IMHO VLXC has been manipulated and bashed to keep the price down for big investors until they get a chance to buy in. VLXC really does make money. Cash flow proves it, you can't fake bank account balances. Accounts Receivable balances also can be verified. Trade receivables show that a factor also believes in the A/R. Recent posts regarding distributors (Sears) also add up nicely for me !!! Good Luck !!!!!
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