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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: wm sharp who wrote (14282)9/4/1999 5:01:00 PM
From: Pallisard  Read Replies (2) of 27311
 
Bravo william, nail on the head. This present slump in Valence was mostly brought on and exacerbated by the shorts. More harm has been done to the company and especially its shareholders by this group in the past 2 months than all the delays in the last 2 years. I don't see why the bulls couldn't file a class action suit. There's enough documented trading evidence - and all those private messages between the members of that group relating to the conspiracy are retrievable via court order. I am certain that Wexler was ousted by SI and didn't leave voluntarily which demonstrates that there was plenty of smoke to arouse suspicion. There's good reason to at least file a complaint with the SEC asking for an investigation of the trading activities in the last couple months. If several of us signed it, we might increase our chances of getting them to initiate some action.
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