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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (12927)7/8/1999 11:00:00 AM
From: Eli74  Read Replies (1) | Respond to of 27311
 
Larry-who knows who's doing the selling, and does it really matter. I still think selling would be extremely illogical behavior for an institutional investor, but it doesn't really matter. As a matter of fact, if it were the new investor who was doing the selling, the fact that the stock has maintained its price so well in the face of heavy selling would be extremely encouraging to a bull like me.



To: Larry Brubaker who wrote (12927)7/8/1999 11:42:00 AM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
I won't hazard a guess as to who's doing the selling, since we've seen it occur SEVEN times in SEVEN months. Bouncy bouncy, eh? Hey, I WILL hazard a guess......what're the odds that others are doing EXACTLY the same thing I'm doing, albeit adding a little shorting on the top of the bounce to drive it back down? HEH!

Anyway, my current actions are based more, or less, on this recent set of historical facts. And I've made some goodly coin in this manner, all while such as you apparently sit there behind yer terminals pontificating on and on about Castle this, Energizer that, and shorties supposedly doing all the rest. This game is about profit, however gleaned. At least, to me it is. ;-)

As for the $3 Million large? Well, you're certainly entitled to your opinion regarding somebody merely laying down $3 Million LARGE in order to profit from a quick flip. As for me, based on my experience, I discount the possibility. Private institutional investments don't lay out $3 Million on the gamble of a quick flip. They're typically after bigger game than that.

But I'll have to admit, this is merely mho. No better, and no worse, than yours.

Regards!

John~