Vitelity stock dropping hard

[jroper]

Well Telecoms is the only industry I know where the price of services and minutes only ever goes down, and rarely up.

 

[Snapdragon]

I must also admit that Nortel hasn't been quite the sound investment either... lesson of the day: only put in what you're willing to loose

Stuart Davis donated $2 million to build the Davis concert organ in the Winspear Centre in Edmonton. The bulk of the funding came from his Nortel stock. It crashed shortly after.

Hmm. Damn fine timing, I give him that much.

 

[blanchae]

US National Telecom Inc. (USNT), the owner of Vitelity, tanked hard in heavier than usual trading on Friday, February 26th. The stock opened at $.12 and closed at $.07 for a change of -53.33%. This is off of a twelve month high of $1.01. The stock is thinly traded.

Take a look at US National Telecom Inc website - something is scary here. Vitelity is not associated with USNT