SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wm sharp who wrote (1469)11/30/1997 8:58:00 PM
From: mooter775  Read Replies (1) of 27311
 
I do not expect institutions to try to accumulate any meaningful amounts of shares prior to 12/31 if there is no announcement from the company. Most of the analysts and portfolio will want to be protecting their current gains year to date, in my opinion.

However, when the company announces production and/or OEM contracts or a new joint venture, then I expect them to jump in aggressively. I would not be surprised under this scenario to see a sharp rise to the $12-$13 price range, ie, through the old $ 10 high, then some retrenchment, then a push to $ 16 or more, ie, >2x the 30 week average.

So we've got to protect our current positions and wait a bit more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News