Jim:
Orders are just starting to roll in and there is 70%+ shorts on VLNC. Here comes one very big short squeeze, IMHO. Please offer your opinion. TIA
Chisy
ragingbull.com
***UPDATED INFO FOR NEW INVESTORS***
Here are the recent facts. I leave it to the reader to determine VLNC's merits unencumbered by my point of view(shut up noway, heh):
VLNC announces new Sales VP with extensive market sector background:
content.entrypoint.com
VLNC announced in recent weeks four purchase orders:
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
VLNC?s joint partner in Korea, Hanil, announces commencement of lithium-polymer battery production:
etnews.co.kr|07
And in late January, 2000, a trade publication confirms this:
southafricansources.com
CIBC announces coverage, with a buy recommendation
biz.yahoo.com
A newspaper in Belfast, Ireland, the Belfast Telegraph, writes two articles about VLNC, the first from late December ?99 archives, the second from March, ?00:
Message 13583044
Message 13539540
An international newsletter, Taipan, has recently(May 2000 issue) come forwards with a positive evaluation of VLNC potential:
taipanonline.com
Additionally; one of VLNC?s customers, satellite phone networker Globalstar, is announcing the following coverage patterns within which their VLNC powered product will most probably be available:
globalstar.com
Free Edgar for recent SEC filings, which have been an accurate reflection of the companies position to date:
freeedgar.com
Short holdings have increased by 70% in the past month, to just over 4.1 Million:
viwes.com
Institutional holdings jump from 8.4% to 18.8% in recent quarter, principally on the strength of one investment house establishing a private placement position:
insidertrader.com
Note that VLNC has been a developmental stage company now transitioning, as proven by the above publicly available news releases, to commercial enterprise. As such it now becomes a question of whether management can meet a forecasted end of year run rate. This is from a standing start of zero. Future earnings releases will prove, or deny, this aggressive goal.
Highlow
DISCLAIMER:
I hold a long term long position in this stock.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy) |
