SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: add who wrote (11278)5/20/1999 7:20:00 PM
From: William Epstein  Read Replies (1) of 27311
 
add;

You have been following this company for much longer than I have. Your guess is probably better than mine about developments within or about the company. Certainly, worth consideration. May I venture another guess? I has been my experience that the MMs often have the info before it happens though, not always. If they continue to behave as though, they're are in a holding pattern then they will maintain the narrow trading band which is what they are now doing. If I see the stock shoot up on a 400,000-600,000 share day, with no news, then I'm out and waiting for the drop, which usually comes the next day. It's certainly not foolproof but its a good bet. The key indicator here is volume. When they cover it is usually a 200,000-250,000 share day. No one but they, themselves know where the top is but their patterns produce some guidelines. Suppose I miss the boat? Well, its happened before. My accountant has always said, "You can't complain about a profit". It is just my a point of view. We'll all see how this plays out.
Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext