VEXP

[David Randolph]

Velocity Express Corporation Formerly known as United Shipping & Technology Inc (VEXP). The Group's principal activity is to provide logistics services to individual consumers and businesses.

When you have a small number of shares outstanding you can get a price history like this:



The company is valued trough the price of just 268.100 shares. That's why it was almost $5000 a share in the year 2000 (beside all the insanity of those times). And probably that is part of the reason it went from $3.99 to $18.5 in just one day, about a month ago:



The company's market cap is just about 2 million USD. It's value changes a lot, so this is a very risky play, only for the brave.

The volume is awesome, and that's a bit strange, the stock is changing hands almost 10 times its float. But I can't think too much about fundamentals, that's not my game - I'm a speculator, not an investor.

Today I will speculate VEXP will go higher, possibly a lot higher. But, as always, just putting 6.66% of capital in this play. Buying at the open.

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[David Randolph]

A 32% profit