Velatel Global Comm. (fka VELA)

[LongTimeObserver]

Love the $VELA story? Well, check it out...

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"Why the Big Volume Move in CHTL--Investors Starting to Connect the Dots

7-Dec-09 10:41 pm

From Tobin Smith

Since my firm ChangeWave Research is the ONLY independent research firm following ChinaTel Group, Inc. and only Street firm with Strong Buy $5 Short term $9-$10 intermediate target,

I try to share some of the research we provide for our subcribers with the board...just to make sure you are getting a clear picture of the Chinacomm/ChinaTel joint venture I will refer to as the "Chinacomm Network"

Many institutional investor clients of ours are now "connecting the dots" on the significance of the Chinacomm Network in the China telco space. Its the institutional buying that accounts for the volume and price action this week. With only about 20 million shares in the actual float, I am confident our clients control a majority of the float.

And they are buying for a $8-$9 value, not $1-$2."

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REALLY! Guess those dots just kept moving -- like Tobin Smith's lips.