mo - dont listen to anyone. buy a solid 30,000 shares and hang on for the ride of your life. You'll make $15,000 to $30,000 in profit on that buy by end of Q2 or Q3 2014.
now, stop asking questions, go read and educate yourself and form YOUR OWN opinion and than make the buy or like you were told already, erase VELT from your watch list so you dont spend the next 9 months questioning yourself
Since you're new to VELT, the best advice you can receive at this point is simply this: erase the ticker VELT from your computer memory and head for the hills, and don't look back. The only investors who have made any real money on this scam were short, and they've squeezed all the juice from this lemon.
So I got conflicting responses, but people who bought at .33 have already got a nice profit, and it is only at .40. I bought at .37 last week, and added at .40 today, hope I don't get "trapped", I would still like to know why it dropped so much, or how, if it is no good, did it reach $9?