Replies to post #17457 on Veltex Corporation (VLXC)

[jasper89]

A stock will pop of the IDEA of things happening that are proposed by the company. EPS is not coming for a while, so I would not even begin to answer this kind of question. I'll probably be out on the news announcements, new buyers, new buyers at the market, and a thin stock. Where that is I don't know, I'll watch the dashboard. Too many variables. I'd like to see it move to a new range, like .15-.25 soon. And that is NOT flying to me. I'm not sure if you all hold the stock? here or at higher prices? I bot some down in this lower range so would be happy with a 10x-20x type thing. Gotta dream.

[jasper89]

Curious, how many of you are going the the annual meeting on July 25? I for one am.

[notanindex]

Again it depends. And I have never in my 27 year Wall St. career had someone ask at what N.I./ share or EPS at which I would exit. Without a relative price exit who gives a crap what the EPS is. For example, it is earning $4 per share; great what is my price exit? Still, way underfollowed and so trading at some crazy discount; let's say something absurd, but for entertainment, 1 time. What the heck would I sell at $4 even if that is a 40 bagger? Now let's say it is still a $4 EPS and trading at 10 times I might consider it depending on what upside I still felt was left.

I am not saying I expect these numbers just trying to illustrate why your question makes no sense.