Replies to post #8948 on Veltex Corporation (VLXC)

[GratziPrego]

Are naked short sellers able to enter into this stock and manipulate the stock price?

Situations like the one mentioned above happens, such as what is being suspected with Galaxy Minerals, Inc. (OTCBB: GAXY). At your convenience, you might be interested in reading the Press Release by Galaxy Minerals that briefly describes the Naked Short Selling, by a market maker perhaps, that drove the price down massively. Take a look at the charts for the stock behavior for Stock Symbol GAXY and share with us your thoughts.

It would be interesting if this was the same case with Veltex. Remember, the short sellers eventually have to buy the shares in order to cover the short positions. (STOCK PRICE COULD SHARPLY RISE AS A RESULT OF THIS).

It's also possible that margin selling and lack of investor confidence in the pre-audit phase of Veltex's Financial Statements contributed to the major decline in share price of Veltex.

Any thoughts about this from anyone here?

Putting all this into consideration, it is strongly believed that Veltex's stock price will sharply RISE to a high level quickly. (GET READY FOR THE RUN UP IN PRICE! - It just might make your eyes pop out and your jaw drop to the floor.)
GO VELTEX !!

[kingnazzikanazzer]

It could be Veltex's distributors. If your company began to buy amounts which were significant to one of your suppliers, wouldn't you follow and consider buying you supplier's stock? I would.

For example, it was the engineers I knew who worked in the Silicon Valley that made a ton of money in Nasdaq ride to 5000. They had insight and were connected with the hottest new technologies.

It's not what you know, it's who you know. It applies in the market as well.