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notanindex

03/08/22 11:17 AM

#18957 RE: TheMikester #18956

you think because someone that maybe holds a million shares sells it kills the corp? Not even close to reality. If they were in need of capital and they were selling shares would make being the CFO challenging but would not kill the company. Are you trying to talk down the price?
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GratziPrego

03/08/22 11:33 AM

#18959 RE: TheMikester #18956

The Volume is Too Low to Warrant any Panic...On or around September 17, 2021 We Saw Volume around 124,000 Shares when the Price was a Dollar ($1.00)...At the Current Low Price Volume has Constantly just a Few Hundred or Few Thousand Shares...If We Were to Calculate a VWAP (Volume Weighted Average Price) from September 17, 2021 through Today We Would Understand that the Quoted Price Seems Negligible ("Negligible", Defined as "So small or unimportant as to be not worth considering; insignificant")

We've Seen Major Volume when the Price is Up...We See Very Small Volume when there is a Decline in Price...which Tells Us that Sellers Don't Wish to Sell Many Shares at Lower Price.

We See Days of 100 to 500 Shares at the Currently Low Price...Proof that Sellers Seem Reluctant to Sell Which Communicates to Us that Holding onto Veltex Shares is the Dominating Opinion...Most Shareholders are Waiting for Veltex to Fly Up Mich Higher.

Best Wishes,

Gratzi