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Mobile ad agency Velti (VELT -25%) has crashed over the last hour of trading. Remarks made...

  • Wednesday, January 30, 3:50 PM ET
    Mobile ad agency Velti (VELT -25%) has crashed over the last hour of trading. Remarks made during the company's analyst day are the apparent culprit.
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This news story has 6 comments:

  • I thought the link would send us to a pic of a cliff diver...
    30 Jan, 04:15 PM Reply Like
  • I'm glad I sold last week. Missed the bullet.
    30 Jan, 05:12 PM Reply Like
  • The officers of this company are frauds
    31 Jan, 12:02 AM Reply Like
  • I agree. Obviously the shorts in this stock have an open line somewhere in the company who is telling them all the bad news that the rest of the stockholders who have supported the company at 4 times the current share price are not getting.
    The CEO needs replacing immediately by a new CEO from outside the company and an investigation called into the leaks of information going to speculators in the stock. The CEO Moukas has not the first idea how to run a listed company. Shareholders should demand an SEC enquiry.
    31 Jan, 05:28 AM Reply Like
  • The Velti online presentation is impossible to download. For a media company this is a PR disaster and once again seems a cover up for the company's CEO in which he delivers his comments at a speed and in some unintelligible accent that is meaningless and impossible to understand and is presumably intended to cover up even more of the endless errors the company has made since their IPO over two years ago when their stock price was 4 x higher.

    How anyone could have made such a f**k up of a company in an area of such immense growth is impossible to conceive. The CEO is either a fraud or an idiot or both and should be replaced immediately by the shareholders whose money he has thrown down the drain in opening luxury offices and acquistions he obviously cannot manage.
    31 Jan, 05:20 AM Reply Like
  • No news and 1.35$ drop !!!!!!
    31 Jan, 12:24 PM Reply Like
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