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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Emmo who wrote (2977)5/22/1998 9:49:00 AM
From: The Vet  Read Replies (2) of 27311
 
Emmo, Please see my earlier post. The price quoted for VLNC is not the market price, it is the MM's price ( where MM = Market Maker and Market Manipulator ). I couldn't buy a single share at the ASK of 5 1/2 yesterday even though it was quoted for over 15 minutes and only a handful of other trades went through ( obviously the suckers who sold and replenished the MM's inventory thus covering the MMs short sales from the day before. The MM's are not going to let this baby rise until they are properly covered and have their own little nest egg safe. See exchange2000.com
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