VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Larry Brubaker who wrote (13382)	7/24/1999 11:56:00 AM
From: Rich Wolf	Read Replies (2) of 27311

OT re: SCUR. Larry, the evidence you quote is distorted. The price peaked at $29, then it dropped to $24 on a news event (downgrade), then slid by one-half (not one-third, as you dramatically tried to claim) to $12 as people bailed out (short interest did not increase, so it was not CC shorting), and another news event cut it from $12 to $4. Insiders had bailed right at the $13 price. Review the sequence of downgrades, and see how the stock price reacted: biz.yahoo.com Your fiction that CC caused the drop is just that. Looks like the street didn't like what was happening to their revenue stream. The brokerages that all came in with downgrades on April 1 had certainly taken their clients out of the stock prior to their pronouncements, and that was probably what was happening that spring. Give it a rest already. 'floorless bandits' ... LOL! Tell your friends to cover their shorts, this stock isn't going to dilute. That's my OPINION, the opposite of your OPINION. Now let's just see what happens during August, eh?

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