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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: hcirteg who wrote (25319)2/5/2002 5:11:27 PM
From: Greg McDaniel  Read Replies (1) of 27311
 
HC, No real candle stick pattern today that I see. My gut says that the day is slightly bullish. There seemed to be bargain hunters that were trying to buy 4 or 5 thousand share lots just a few cents below the bid throughout the day. No one had a compelling reason to seek the shares at higher prices though. It was a low volume day. Considering how the market overall is acting, VLNC seems to have great relative strength. I have sold half my position and have cash available if VLNC looks like it is going to move.
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