VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: da_cheif™ who wrote (26188)	1/13/2004 11:14:30 AM
From: Jibacoa	Read Replies (1) of 27311

VLNC is making a 52wks H as it traded above its June 2 H of 4.62 and it went through its nearest resistance at 4.48 from the October 15 H with increasing volume. It seems that today's volume will be higher than the 1,104,791 of October 13.<g> bigcharts.marketwatch.com Now, if we could get some good news....(apparently somebody knows something.)<g> bigcharts.marketwatch.com The short position is more than 11M shares, and that is more than enough for a couple of weeks trading at the latest daily average.<g> (Part of today's move may be due to short covering.) Bernard

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