Mr. Einstein,
I have no reason to doubt a very positive outcome for Valence. I admit my timing has been rather poor. It has taken much longer than most anticipated. As far as "talking the stock up for over a year", my reasons are similar to Don Wolanchuk's. If you wish to discuss his reasons with him, I believe you can subscribe to his hotline for $9000 per year or so, or listen for several dollars per minute via his 900 number.
In any case, he has been positive on Valence for longer than I have, and of course, has more credentials and has won many awards. As I previously explained, I became excited about the stock 2 years ago when I was able to determine by speaking "Engineer to Engineer" what their machinery was capable of making(watt hours) and what it should sell for. I was also impressed with the caliber of people.
As you know, I have often shared my calculations. There have been many positive signals since such as the increased staff in NI, Insider buying, MCI/Worldcom chairman joining the board etc.
On the other subject, my Valence experience is yet to be profitable. Admittedly, I got in too soon and wish I had it all back to put in now. IMO the upside potential remains huge.
Let's see what more hindsight can do for us.
I hope you can remember the correct spelling of my name.
Hang in there.
Regards,
Fred M. Kellett |
