Again ,'m sorry to hear of your misfortune. Hey, who knows, maybe that will be the catalyst for getting this thing to finally move. Stranger things have happened. See ya Monday.
Geez. I'm sorry to hear that happened to you hlin. I saw that go through and thought eitther that has to be a mistake or some bad news just hit the wire. Hang in there.
re:"So as long as the majority shareholders knows the direction of the stock going to be in the future, then the PPS will take off when time comes.Patient is golden and give this Co. sometime, however, the earning report could come out any time in DEC. What could be worse than the BK?"
Well, if that is true (patience being golden) then guys like Ed Harris and a few other longs should be granted immediate Sainthood the moment they die. As far as the earnings report is concerned, I wouldn't expect to see that anytime soon. I said a few weeks ago I didn't think they would report earnings and so far it would appear they don't intend to report. The reason I don't think they will report is due to the way they worded their delisting PR from last week. For more of a detailed explanation on this matter, see my TXCC and VELT post from last week. And as to to your last comment regarding what could be worse than BK?
I'll answer your question with a question. If you saw a dog in pain would you let it continue to suffer for months on end hoping on a slim chance that it will get better or would you do the humane thing and put it out of its misery? Well, that is exactly what has been happening with this stock. The market makers have been slowly and painfully bleeding the shareholders here for the last 2 years. The stock price has dropped from a low of 6 dollars back in early December of 2011, to a new all time low of.062 just a few days ago.
So hlin, what's the humane decision here? Do you let this dog continue to suffer week in and week out hoping for the ocassional rally, but keep in mind, those little rallies only draw in more victims, or do you do the right thing and put it down quickly? Good luck in your decision.
Tricks? What tricks. This stock rises and falls under its own power.If you seriously think a bunch of yahoos on a message board can actually influence the direction of the stock price, well then I have some water front property I would like to sell you in the state of Arizona.
re:"That is market all a about, timing is everything!"
I can't argue wiith you there hlin, it's all about the timing. Good luck.
RE:"Think about CHANGES!"
You are right hlin. I should start to think about changes. Here is a change for ya. VELT's chances of BK already 'changed' that fast. Now their chances are 160%.
Probability Of Bankruptcy
(Chance of Financial Distress)
MM- 22.51 %
As you can see, MM chances of filing BK has dropped in half(they were at 45% along with VELT) while VELT's chances of filing for BK has risen 3 fold.
Good luck chasing this dog.
re:"Looks like good entry point here. Technical 78% chance up at foxchart website."
Yeah, well there is also a 140% chance of VELT filing BK, according to Macroaxis website. That is up from a 45% chance from just a few days ago. If you got in under 7 cents, I wouldn't stay too long. This stock has a tendency to drift lower. Take profits when they present themselves. I've been saying the same thing since VELT was trading at $1.80. This stock is only good for trading. Good luck
Hello and welcome. If you are new to VELT let me enlighten you. This company is not a strong company. If they were strong they wouldn't be in the predicament they find themselves. I've been here since February and I can tell you I have only seen one bit of positive news in all of that time...Toyota news. That has been it ! Nothing else. Everything else has been negative. Once VELT hits the Pinks in a couple of weeks it will be the beginning of the end for them. At best you might get the occasional dead cat bounce similar to the short lived bounce you had today. If you got in under 7 cents my advice to you would be to seriously think about getting out on the next bounce. VELT will probably open around 8 cents tomorrow with a possibility of it hitting 9 cents. The reason I think it will open higher tomorrow is due to all of the johnnie come lately's, such as yourself, who want in on the action. Once it runs up on no news, the market makers will start their cycle of slowly bleeding shares out once again. This has been the case for the last several weeks/months. The market makers have been methodically bleeding VELT a very slow death. Good luck.
Can I ask you a question? How long have you been following VELT? And are you currently a shareholder? Thanks.
re:"you probably made at least 5000 dollars which is good...but i think you should of held on a little longer..."
If that person made 5K, then I say good for them. At these levels you never know what can happen. Don't get greedy at these levels. VELT could very easily be trading at .04 tomorrow. gl.
I had a feeling the market makers were playing games with the stock price and that's why I held off from buying today. I'll wait for the intra-day sell off to get in and hopefully I'll get back out the same day.
No, I'm still holding my shares. I've decided to wait it out and see what happens. Like I said last week, I didn't think they were going to report earnings today. We all know there won't be anything good to report and when you consider how late it is in the game for them right now(being delisted) it doesn't matter anymore if they report earnings or not. The damage is already done. They are actually better off not reporting. No news is good news in this case. Take care hlin. :)
I'm glad to see VELT had a good finish. We'll see what they have to say tonight. That's if they report tonight. Congrats are in order if you sold today.
Take care hlin.
re:"I dont think they would lie
look it up"
I believe you. It's just that for a company that is into advertising, you would think VELT would have had that story posted on this site back when it came out. Typical Velti to miss another opportunity.
I'm thinking he's somehow related to those kaboom clowns. He probably didn't make the cut so they decided to keep him here in an attempt to earn back his clown stripes. Unfortunately, he isn't doing so well.
re: "for V. is investment and is at the bottom, and many many people are interested in this one, so you still act like you don't get it?"
No hlin, I understand this stock perfectly. You, on the other hand, seem to be either in complete denial or you are one of the biggest con artist ever to posts on this board. For you to say there are many many people interested in this stock, which continues to hit new all time lows just about every other day, is utterly ridiculous. The only people interested in VELT are traders like you, me and Demichael.
re: " For ACHN, don't say that is my stock, that is yours and is very risky as you said always. So did you make your profit yet on this? "
Yes, I sold ACHN this morning for a little profit. Not long ago I thought you said you would buy some shares if ACHN broke through the $3.50 resistance barrier? No?
That's funny you would say ACHN is risky(which it is) but yet you seem perfectly fine with gambling on a stock(VELT) that already has one foot in the grave. lol.
Yes, I agree anything is possible, however, there is a big difference between ALVR and VELT.
ALVR had very little debt to begin with, had only few million shares O/S and unlike VELT, they kept their shareholders in the loop. BTW, that was a very good pick up on your part in buying ALVR at the very bottom...18. You couldn't have timed that purchase any better. Let me know when you plan on buying shares in VELT. GL.