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: FMK who wrote (2057)2/8/1998 4:25:00 AM
From: I. N. Vester  Read Replies (1) of 27311
 
Cumulative volume since 1/2/98 is 2.4M shares.
With NASD double booking maybe 1.2 million shares
have actually moved between non-MMs in the $4's.

All the insider sell numbers in your posting add up to
400k shares. Maybe there is more inter-MM trading
which put the recorded volume at more than twice the
400k. Otherwise i see 800k shares beyond the shares
registered, which strikes me as a fairly good chunk,
and much more than mere small fry could generate.

Still, I love your theory and will be VERY happy if we
can move into the $6 range next week. In any case, I'm
patient. I'm pretty sure these shares are very undervalued
and think it's a matter of weeks at most before we get some
very nice upward movement. Given the very low volume in the
$5-7 price range on the way down, I'm expecting a move to
7-8 dollars short term. Production/contract news should get us
above $10 imho.

Anybody waiting for a DROP in price is being foolish
and risks missing a great opportunity, imo.
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