Gvander, thank you for your reply.
Here some further comments.
The reason why this thread is 99% bullish is obvious, most of the people here are VLNC investors and therefore they believe in the company, and they hope that the stock value will go up. I don't think that this means that the stock is overvalued, it just means that there are good reasons to be optimistic. We can all be wrong, and I am personally aware that the stock market is not a pure science like maths, sometimes the weirdest things happens and (almost) nobody understand why, but I don't think we are a bunch of stupid, blind guys & girls hypnothized by a magician.
Speaking for myself, I did my homework and I decided to invest in Valence because I saw a big potential here.
A lot of people has been disappointed after the conference call one month ago, but I have to say that the news were not bad:
Production lines are going on, testing is on his way, and the cautious approach of the management does not show any urge to drive the stock higher, it seems a conservative approch that has to be praised.
Of course I disagree with my fellows shareholders who are forecasting 60-100 $ in a few months!! This is science fiction!
But let us assume that (1) production tests prove positive (2) some contracts are signed, I don't see why the stock should not move into the teens and maybe the twenties.
IMHO, this could happen between fall and winter.
Of course there are other companies around, but the market is big enough for many of them.
gvander, I don't see any suspect if many of us believe, more or less, in what I am saying.
Only time can tell who is right.
Good luck anyway!!
Alex |
