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) -- Ignore unavailable to you. Want to Upgrade?


To: John Curtis who wrote (13836)8/19/1999 6:25:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 27311
 
John, it actually closed at $5.125 just under the prior long term support at $5.25 or so, thus it is not a volume/price reversal. It must close above about $5.5 to become partially bullish again. I am not betting that is what is coming, thus I am staying flat. My bet is actually that more selling pressure will develop in the next few days and $4 will be breached, a new buying opportunity "might" be around $3.5, of course, "might" is critical, and the appearance of some of you "PO's" would contribute a lot to turn this thing around. Now, don't look, but it seems to be pretty bad.

Zeev



To: John Curtis who wrote (13836)8/19/1999 11:51:00 PM
From: MGV  Respond to of 27311
 
Good for them
by: MGV7 (39/M) 14668 of 14668
Just don't be like john curtis, who buys - according to him, large amounts of VLNC in the high 6s all the way down to mid 5s, then cries out that he made a profit when the stock is at 4 1/2! ; )