I don't know...VELT is a little tempting... $19M cash still...cutting costs drastically. Upside not amazing, but it could do $0.45 on a bounce, especially if $0.39s go and cause shorts to cover.
MACD on daily about to cross.
I still haven't decided whether or not to dip in for 10K...
You're right...maybe VELT still isn't ready for a bounce, if it'll even have one. Absolutely loaded with shorts. One bit of positive news and could easily see $0.50-$0.60 IMO though. Just who knows if that arrives.
Still a piece of me wants to try 10,000.
Heck, I purchased 15,000 at $1.95 on the last hurrah here. Lost $1800.00 after seeing it hit $2.07 premarket. :-\