VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Rich Wolf who wrote (24296)	5/25/2001 3:10:26 PM
From: MGV	Read Replies (1) of 27311

Accountability is no "trick" Rich, you attacked with a poor argument, now you are in the position of trying to explain. Why do you telegraph your buys but not your sells at lower prices? Your acknowledgement of selling is a 180 degree departure of the August 2000 post, when you called it "cheap" at $8. How correct were your assumptions implied in that post? The bear market does not explain SNRS. Other companies in the same space are down a fraction of the percentage fall in SNRS from the time of your post through today, including VISX. Your post was not about buy and hold versus a trading strategy. You were buying at over $8 because of poor assumptions and faulty analysis. No amount of spinning and subject changing changes that. Good for you that you "flipped out." Why do you telegraph your buys but not your sells at lower prices? And if you do not count SNRS out, why didn't you telegraph a buy at 1 and change or even now at 2 and change. You did it at $8 last year.

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