The VWAP is Only About 0.312, even though Quote Shows 0.44. It's kinda strange that it took Only 100 Shares Traded at 0.44. (Maybe because the momentum of Trades leading to it is much higher than Average Daily Volume)
It will probably Slip Back Down into the 0.30's Again as the Seller Steps in possibly Again. We hope We're Incorrect and that Buying Continues, but it just seems like a Short Term Pop Up.
Like We've Been repeatedly saying, We Need Consistently High Volume Over a Significant Period of Time, along with Increases in Stock Price. Otherwise, Stock Price Will Keep on Slipping Back Down.
At least Veltex Has Impressive Fundamentals and A Lot to Look forward to, Very Soon Hopefully.
Best Wishes,
Gratzi
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