Zeev, re your statement <<Maybe, these facts (or at least, perceived facts) have something to do with the current weakness. One think should be clear to anyone owning this stock, if visibility of reaching some modicum of positive cash flow within a "rational" time horizon does not appear soon, the dreaded single digits could surely reappear.>>
I would re-state this as follows:
Maybe, these facts (or at least, perceived facts) have something to do with the current failure of the shorts to suppress the price to single digits (as you "predicted" or mentioned as a "possibility" that may have worried certain shareholders). One thing should be clear to anyone owning this stock, when positive news is announced, there will be a scramble for available stock as the shorts have over 4 million shares they have "borrowed" and must eventually pay back. With some positive news the stock price could quickly move to the $20's and those who are short might rush to cover before a return to the $30's.
Remember that Oppenheimer, a well-known and reputable firm, has reiterated their $50 price target, and their analysts, unlike yourself and many bashers who post several times a day, have toured Valence facilities and have met with Valence senior management. |
