Veltex Corporation (VLXC): My experience is that there is no free l...

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Re: george8 post# 10000

Thursday, 06/16/2005 12:11:10 PM

Thursday, June 16, 2005 12:11:10 PM

My experience is that there is no free lunch so i will certainly take my profits. The problem with VLXC imo is that they are somehow (and I think unfairly) associated with being a scam. Be it the inability to have an audited consolidated earnings report or the fact that a large part of their business is in a third world country. This has lead to an undervaluation, at least this is my belief. The fact that they are gradually doing more and more of their business in North America should bring in hard American Dollars and with it recognition in the investment community and not just with us daytraders. So I will sell some on the way up and hold a portion of my shares for a possible homerun.

Just my opinion.

Take Care

Take Care

Remember: predictions made in the past are no guarantee for predictions made now or in the future. This post has some unpredictable forward statements in it and must be treated as such according to SEC rules ;-)