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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: William Epstein who wrote (12446)6/28/1999 10:10:00 PM
From: Larry Brubaker  Read Replies (1) of 27311
 
William, the way I saw it was there was considerable buying interest in the morning from the little guys (dozens of 1,000 and 2,000 share buys), but several 5,000 share sells during this period (pre CC) kept a lid on the price.

Then, after the conference call, it was practically all selling. You're right though, the volume before the call was higher than afterward.

Question in my mind is who was dropping those 5,000 share blocks during the runup, and what do they know that we don't? Given that we really know very little, the answer is probably a lot.
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