VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VALENCE TECHNOLOGY (VLNC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rich Wolf who wrote (15039)	10/5/1999 3:09:00 AM
From: Larry Brubaker	of 27311

OK Rich, you've convinced me. Castle Creek gave up $2.25 per share of profit by buying shares at $6.5 and selling them at $4.25. They've barely made any profit on their investment at all and the unidentified deep pockets have pretty much defeated them. And you know all this from watching which market makers are buying and selling on Level II. Does that about sum it up? Should I mortgage my house to buy VLNC shares? However, your theory still doesn't answer the question of why Castle Creek didn't just convert the whole bunch at $4.47? If they were running scared as you say, they would have certainly converted it all when they had the chance. Wouldn't they? Oh thats right I forgot. These are the stupid shorts we are dealing with.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next