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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Jibacoa who wrote (2958)5/21/1998 1:18:00 AM
From: Raven McCloud  Read Replies (1) of 27311
 
I can say unequivocally how much fun i had playing with the MM "boys."
Out of eight trades through the day, while the spread stayed the same, my buys got executed on the bid
and my sells got executed on the ask and my sell shorts got executed
on the ask. Weird! Talk about churning!

Anyway, I also see a near term support around $5.50. I'll be adding
to my long term holdings when the price dips below 5.75 or thereabouts.

I guess the next churning event will occur when the OEM deals are signed.
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