APS already made tens of millions of dollars today.
Original Article on VLNX back in the day: Today was a big day in Penny Stock World. For a little known Pink Sheet listed stock with no prior trading history it was a spectacular day. VLNX traded more in dollar volume today then most penny stocks will ever see in a lifetime; trading close to $100M in dollar volume VLNX exploded on the OTCBB. Starting around $0.25 the stock reached as high as $0.385 this afternoon before dropping back down to the low $0.30s before the close. VLNX closed at $0.305 on 308,256,651 shares traded.
There has been a huge debate on Ihub and elsewhere as to the authenticity of the emails officially announcing VLNX as APS next pick. While I have not seen many of them myself (APS unsubscribed me from all their newsletters after all my writings and I am still subscribing again with new private accounts) I don’t think it really matters anymore. VLNX is APS but will it perform like an official APS pick or a Speculation APS pick in coming day’s remains to be seen.
People seem to think that if APS officially announces VLNX that implies that there will be a multi-million dollar hard mailer campaign and a continued multi-week promotion pushing the stock to several dollars per share.
Some investors seem to be sure that VLNX will gap up tomorrow and continue to make massive gains in the coming weeks and are already predicting several dollars per share. While this is certainly possible they may be sorely disappointed if APS does the unexpected ( Or expected?) and really changes things up AGAIN.
That is certainly a possibility considering that VLNX is not exactly cut from the same cloth as say SNPK or GWBU. These were fully reporting companies on the OTCBB and started trading at a much higher price point. In fact GWBU was trading for well over $1 when APS announced it.
VLNX is a whole new ball game, this is a Pink Sheet listed stock (big step down from the bb’s) and it has already traded massive dollar volume at a much lower price point. Tomorrow we will know one way or the other what VLNX will do but I do urge people to remain very cautious here.
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