Hi John, In spite of the gloom and doom, It's good you are still so positive on Valence. I enjoyed your post on Yahoo.
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<<Meanwhile, ain't the global situation going to one big hell in a handbasket hurry? In other words, welcome to the world of the BEARS. And in a bear market it's stock picking that makes, or breaks ya. This is made all the more exciting by the recognition that we may, with
VLNC, be sitting on one of those true "stock pickers" dreams come true. Based on all the recent indicators I'll even go so far as to say I'll eat my keyboard if VLNC fails to achieve, and believe me, I ain't got no fondness for plastic. ;-)>>
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I doubt if you will have to eat your keyboard. IMO we are overdue to hear some positive developments, such as building and shipping large quantities from NI for several weeks, that OEMs are ready and the present daily rate of production exceeds the breakeven point.
I continue to believe we should continue to take advantage of the sub $6 level because waiting for a 99% sure thing may cost an extra 50% per share. As someone recently explained, folks are paying $6 per share of ULBI when they can buy over 2.5 times as much Li Poly manufacturing capacity when they buy a share of Valence at $4.50. Its a very relevant comparison.
Here's to keeping your keyboard intact!
Regards, FMK |
