Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (2444)	6/15/2000 8:54:00 PM
From: Mark Johnson	Read Replies (3) of 30051

Bosco: Thanks for the objective post.....but our SI friend Zeev has been far less objective about Valence than you suggest....Zeev, has made some seriously bad calls in predicting Valence's outlook and I'll put up some links so you can judge for yourself....Zeev has only graded Valence on his turnips and has admitted he really doesn't know anything about the battery sector.... I know of at least one investor who bought Valence on this Zeev recommendation: Message 13773390 I took some of my investment off the table when Valence was in the mid $30's because I knew Valence was overbought and their ramp-up was going to take time...That's because I look at the big picture and don't depend on the day to day turnips....Zeev does a disservice to the long-term shareholders on the Valence thread because of his short-term comments....Better he stick with the daytraders... If you look below and check the dates and look at Valences performance since you'll see how wrong Zeev has been... I know Zeev is a trading genius but he's been wrong about Valence for the last 2 years!!!! Good Luck, MJ Here's Zeev saying there wasn't any rush the day before Valence's first PO.....: <<The fact that they did a partial conversion indicates to me that the end game "might" be close, but there is a difference between might and "is", and for my own I would rather wait to see the turn around first, I do not think there is any rush.>> Message 11868929 Here's Zeev two days before Valence's first PO saying Valence was under tax loss selling, The longs believed a PO was imminent!: <<I.N., I think you are not taking into account the time of the year, we are into tax selling season for stock that have underperformed, and VLNC is in this class.>> Message 11864560

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