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


To: wm sharp who wrote (13948)8/24/1999 8:07:00 PM
From: MGV  Respond to of 27311
 
Good for him. He is likely being conservative. He has been so for months. ; )



To: wm sharp who wrote (13948)8/24/1999 8:39:00 PM
From: Mark Johnson  Read Replies (1) | Respond to of 27311
 
Bill: At least Zeev is finally honest recommending Valence as a short prospect. I pointed out his disingenuous agenda a year ago!

We don't need to put up with the covert innuendo anymore. He has shown his true intent. No more bullshit....

Hey that 2nd link didn't work for me....Know why?



To: wm sharp who wrote (13948)8/24/1999 8:43:00 PM
From: Zeev Hed  Read Replies (4) | Respond to of 27311
 
William, when people ask for suggestions of stock that are "breaking down" I se no reasons why I should not tell them what I have observed. Why you call this "vulture activity" is beyond me. If they indeed sell short now, they'll have to cover later and that will provide support for the stock. The fact of the matter is simple, VLNC has broken down and thus, for those inclined to short, it is a good candidate, as long as those people put in a very close stop loss, for the reasons cited in the same post.

You sound like those people at MVIS which were all over me when I stated on a thread that it is an excellent candidate for shorting at $28. They forgot that only two months before when the same MVIS was at $16, I said it is a pretty sure bet to go well above $24. Most people are not married to a stock or are "loyal" to a stock, most people try to find market inefficiencies that underprice or overprice stocks and act accordingly. After all, investors are trying to make money. It is immaterial if they sell before they buy or sell after they bought as long as the selling is at a higher price than the buying.

Zeev