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Velti plc Message Board

  • tloeb Jul 17, 2013 6:35 PM Flag

    Oh why oh why?

    Is this such a piece of #$%$?

    I was in on VELT at 1.3 and have lost big, obviously. We all get it. Hammered revenues, heavy shorts, incomprehensibly incompetent execs. Even so, this company does not deserve to be trading here. It's one of the biggest cos in a solid growth industry that, all problems aside, is going to be on the rise in the next few years. Every time it drops feels so cheap. I can only conclude that what there's something we don't know. There's no way to justify the continued drop at these levels, even with negative info we have. I'm #$%$ off and I'd like to here from management before this thing hits chapter 7.

    Someone explain this situation rationally please.

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    • Have you ever really pissed someone off much much bigger than you? Did they hold a grudge?

      Velt management has!

      $12+ to a buck is quite a fall. If you can not consider that management hasnt been speaking in all of that time, you may start to understand the longs who lost FORTUNES in All of that time are pretty pissed, and are relying on what they have come to believe is the honest to GOD truth. Management shoud not be in the position to run a public company. PERIOD!

      Seasoned investors who you may have to pay to get this same info, would tell you how this will play out.
      With law suits and lawyers suing and Exec's profiting...

      Do not under estimate the power of scorned longs... You are losing and will continue to understand CATALYSTS rule..not HOPE, multiples or technicals...

      Sentiment: Sell

    • the short ratio is high at 32% but look at bth it is over 70%. I think a hedge fund dumped near close 1.5 million shares were traded in the last 10 mins and look at the price point when it fell. 1.10 might of been the number limit at the fund. who knows but I am with you. I will hold out till it comes back or 0. l am long at 3.13 lol

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