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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: MGV who wrote (10081)4/1/1999 9:02:00 PM
From: golden_tee   Read Replies (1) of 27311
 
Of what relevance should we attribute no block trades today? If there were no block trades, there also were no block sales. Wouldn't this be bullish? This means there was no shorting by CC (for those that subscribe to that theory), and no institutions bailing since they crossed the March 31st date without a financing announcement. Incidentally, with stocks under $10/share, what appears to be a block is often individual investors. Most of the block trades are MM's swapping inventory anyway. The only block I see lately is a blockhead on the VLNC site with the initials MGV.
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