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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Dennis V. who wrote (16903)12/10/1999 4:23:00 PM
From: rich evans  Read Replies (1) of 27311
 
VLNC could be subject to a lot of manipulation for the rest of the year possibly. Here is one persons thoughts on a oil patch stock as an example which I have paraphrased:

I suspect the week between Xmas & New years (when many traders & investors will be on vacation) will be a time of relatively low volume and consequently vulnerability for such issues from Market Maker, Specialists, and other sophisticated traders? strategic machinations (or manipulations). .

While the events I have just described may not occur, it really doesn?t cost anything to prevent the exposure. While a buying opportunity may present itself during the last week of the year, it WILL CERTAINLY NOT BE A TIME to SELL regardless of what price which may appear on the screen. If nothing else, REMEMBER THIS: DO NOT let the less than « of 1% traders on any given day SCARE (or outsmart) you out of your position. FEAR must be conquered by the conviction one has in this companies future and that the year 2000 will very likely produce the Profits which lead you here in the first place.

Rich
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