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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Tmoore who wrote (3776)8/16/1998 10:27:00 PM
From: golden_tee   Read Replies (1) of 27311
 
Any chance the selling is related to last month's drop from the Russell 2000? The selling is completely price insensitive which only occurs when someone has to sell at market, period. Margin calls may explain it. After all, the big blocks were likely being sold at a huge loss. Only an idiot, or someone with negative insider information would be shorting at these levels...
P.S. Barry stick with it bud, this too will pass!
Bob
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