Replies to post #9779 on Veltex Corporation (VLXC)

[george8]

Sam:

Very well said about pps and acquisition. Market has not followed thru so far on VLXC. I'll give it by Friday this week to show follow through - trade above $1.5 with expanding volume.

If not, I'd conclude that TA does not confirm FA (the recent qtr release). Then, I'd believe the TA and not the FA.

George

[Growth And Value]

Acquisition would help next years growth rate

And yes, the earnings would be U.S. so we wouldn't have to consider the foreign subsidiaries reporting issues.

The shares may already have been issued for the acquisition too. Why do some stocks become 10 baggers (1000% gains)?

Because the market doesn't always know everything.

I'm just not basing my decision from someone who claims to own 50% of Velvet Textile Mills, yet wants to see VLXC fail.

To me that doesn't make sense!