Javelyn:
If you are pretty close to throwing in the towel (Ive noticed your skepticism on the ULBI thread for li polymer batteries), then do it. Tomorrow. First thing. If you own the stock...
And those of you who can't take the volatility, or crummy market action, or have lost faith in the company or the technology, do the same thing. Some turkeys on the ULBI thread have even talked some nonsense about an Asian interest in a "real production sample", whatever that means,trying to convince themselves that September will show a contract from ULBI. Personally, I think that is a real bunch of crap, since I don't think ULBI is close to solving the "goo" problem, and I know Valence has solved it.
You can wait for an announcement of a contract, or the startup of production in NI, or analyst visits, or something that will make you feel in plenty of company. Maybe you will pay up a bit
(actually you will probably pay up 20% or more if a contract is announced), but this stock will have legs if they can show quality production in volume - and it will over the next 12-24 months go a lot higher than the vast majority of poster here think. And since most of the posters are real short term traders, they'll get a hard-on with a 40% - 50% profit and think they are geniuses. But they'll
probably miss the real big moves in the stock, since I think Valence will get a number of large contracts (aggregating to more than $ 100 mm by yearend in my opinion).
So I bought some more stock on Thursday and Friday and expect to buy more this week, if it doesn't run away (which I don't think it will).
Bencetown, by the way, I thought that already lost that stupid "3 before 6" bet on at least two occasions before on the Yahoo thread.
You really are a glutton for being wrong, aren't you? Okay. I'll say it again and take the bet - are you up to $ 10 yet on it? |
