Jeeez, in light of all recent discussion I hate to be so OT, but to reiterate a prior threadsters comment on recent insider buying:
Company: VALENCE TECHNOLOGY INC
Ticker: VLNC
Insider: BERG, CARL E.
Rel: DIR
# of Shares: 55,500
Trans Type: B(Direct buy)
Trans Date(s): 08/04/99
Trans Date(s): 08/02/99
Trans Price(s): 6.15
Trans Price(s): 6.15
Total Holdings: 3,316,597
Company: VALENCE TECHNOLOGY INC
Ticker: VLNC
Insider: Shugart, Alan F.
Rel: DIR
# of Shares: 55,500
Trans Type: B(Direct buy)
Trans Date(s): 08/24/99
Trans Price(s): 4.94 to 5.00
Total Holdings: 120,000
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Mama always told me that when playing with speculations the key to minimizing the probability that you're going to get burned is to look for insider buying. This way, although there's still no guarantee, at least you know how those who should know FEEL about what they know.
Sooooo, clearly sum folks are setting themselves up for what they believe will be a future pay day. Now...about those p.o.'s....
John~ |
