Replies to post #7784 on Veltex Corporation (VLXC)

[Growth And Value]

George Point well taken!

But, if you were me and you bought INNO at $2.80 based on a good earnings report and suddenly the stock started dropping what would you have done? I can understand having good loss dicipline and selling at say $2.40. But I knew AEOS was doing well so I decided to stick it out. At $2.00, I saw a 1,000,000 transaction one day. I checked the S.E.c. Filings and found that an institutional investor bought more than 5% of the outstanding shares. Bingo, I knew if "smart money" was on board, I should be too and I bought more. With a little knowlege and pactience I was fortunate enough to hold for a nice gain.

VLXC needs to prove itself with a good audit, then lets see what happens.

[SAMNOTSAMUEL]

George is right about technicals.

I am not into technical, but it has its place. Even if there was no board and you saw nothing questionable about the company just the technical movement on price versus the positive press release would be a huge warning indicator.

sam