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Re: mcenulty post# 10122

Friday, 07/08/2005 9:00:03 PM

Friday, July 08, 2005 9:00:03 PM

Post# of 19547
Absolutely! I used to follow newly listed and delisted issues and noticed a definite trend that many small stocks that slipped off 'higher' exchanges (except those dropped for nasty reasons) actually experienced increases in share price as long as they remained transparant to investors. I had expected that once delisted the stocks would continue to slide in value, but this just wasn't the case.

Veltex doesn't quite fit that story and it's not a good excuse for them not to provide info to investors. All the growth and expansion in the world, but they will not reach the turning point until they do that simplest of things, be open and honest with their information. They don't have investor confidence and respect and will not until they earn it. Until then.... same old same old.

Robert

There are no good stocks, only good trades.