Replies to post #10311 on Veltex Corporation (VLXC)

[Mastman]

george:

Sounds like you have changed your tune only because you have come up with the short end of the stick here. You never touted the stock, but I recall quite a few posts about how bullish the charts were.

I think you will be hard pressed to find more than one person who would not admit that this is a gamble and I think you knew it also.

Maybe it is a pump and dump scheme as you say, no reason anyone couldn't recognize it for what it was, if it is, and make money.

I think Veltex is a very real company with a CEO who occasionally is urged to take action to support the stock price. I think that he did so without good advice in the past and now realizes that he will reap greater benefit by using his talent and energy growing the business rather than trying to pump up the share price. I think you will see future releases contain more information although far short of what you or I would like.

I do not think the stock price will rise from here on fundamentals unless the 2004 audit comes in very close to the predicted 40MM figure. I do think the stock price will rise sometime in the future and I would be holding here if I was down, but I would not add. If I needed the money that I had here badly I guess I would sell if I lost faith or thought something unlawful was going on.

All just my humble opinion.