VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: mooter775 who wrote (15956)	11/11/1999 2:55:00 PM
From: I. N. Vester	Read Replies (1) of 27311

Mooter, i think we can safely say the naked shorts are definitely in bed with CC. All day we have seen tons of shares at the ask. This is NOT natural "selling the news". Sellers wishing to maximize profits would not show their hand as they dump and on this kind of news sellers would have let the price ride up then maybe you'd see a spike as they started selling. That did not happen at all. They were offering tons on the ask from the open today. I am sure that CC is using their shares, which they are guarenteed a profit on, to supress the price and let their naked short friends get out. this is very well orchestrated and highly disciplined action. very, very soon the entire short position will be gone and the price will naturally rise because all the price suppression and the very large extra supply will be gone.

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