Veltex Corporation (VLXC)

[george8]

I do not think MM would dare to take on a huge naked short position on a supposedly undervalued and low capitalized issue such as VLXC, unless they are certain or protected (hedged).

How can MM be certain? One way is because they are the execution arm of the pump and dump scheme. How can they be hedged? One way is they merely are selling shares ahead of shares that will be issued later at much lower prices.

To think MM could take up a large naked position on VLXC at prices of $2-$3, while Matin claims VLXC will make over $1/share in 2005, is not realistic.