Replies to post #20 on Veltex Corporation (VLXC)

[ImakeMONEY]

Okay Larry here's my take on the immediate future.

I did some diggin on the california bankers group that VLVT is presenting to and here is what I found. Every single company that I could find that presented to them experienced and increase in share price. Every one. I couldn't find a one that did not experience some positive attention. Now the appreciation did not always last in every stock, but many of them went for doubles of greater. Some of them moved the very day after the presentation, a few didn't move for up to 3 months, but it does appear that by presenting to these investors and guys in the financing business that positive connections were made and that money flowed into the companies presenting.

Here's a couple that presented at the last meeting October 5.
OCT 5. CALY- 8.5 cents
CALY- recent high of 16 cents

OCT 5. LFP - $1.70
LFP- recent high of $2.25

I couldn't find any more from this last meeting, but am still digging. I did find many from past meetings, such as:

QSC which went from 80 cents the day before the meeting to $2.25 the day after it!! and i believe that UTLC managed to run from 30 to 50 cents in a few weeks back in 2001.

So, regardless of if there is anything you like or dislike about the company and Matin, a person has to think that the presentation in California will certainly encourage the share price to run in the short term and make a great trading opportunity. Perhaps it might even result in some excellent financial support and backing to increase the number of trucks at a faster pace than intended or at a lower cost. Those would be bonus for VLVT.

Again, I bought in to ride the lift that I think the meeting will eventually cause, I may stick around if things continue to grow and positive news keeps flowing, but it is not necessarily my goal. I try really hard not to fall in love with a stock and I have about 3 others I want to trade first week of January, so I'm sure hoping it explodes before then.

Robert