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


To: John Curtis who wrote (14407)9/8/1999 2:11:00 PM
From: MGV  Respond to of 27311
 
Certainly it would be bullish. Unfortunately, mere emotional glee by your colleagues isn't enough to make that happen.

"But should C.C. convert in the next couple of days to reap the best conversion "strike" price ..."



To: John Curtis who wrote (14407)9/8/1999 2:13:00 PM
From: Herb Blair  Read Replies (1) | Respond to of 27311
 
I know John but it is hard not to cackle after listening to the shorts as we have gone down the last few weeks.
Nice find on the deep pocket by the way.
Herb



To: John Curtis who wrote (14407)9/8/1999 2:15:00 PM
From: kolo55  Read Replies (3) | Respond to of 27311
 
I disagree John... Death Spiral is over.

It took the selling coalition over 5 weeks to drive the stock down from 6 to almost 4. We are now trading just a fraction below 6 as I write this. It took only four days for the stock price to rebound.

The selling coalition sold it down below where it would otherwise be. Now they are out of ammo, and the GAME IS OVER.

Also, anyone who has sold steadily since July 27th has a significant loss on the trades... they have to ask themselves whether they want to throw good money after bad, or cover?

BTW- I called this one right.

Paul



To: John Curtis who wrote (14407)9/8/1999 2:21:00 PM
From: Jibacoa  Respond to of 27311
 
John:
I don't know how much more CC is going to gain by waiting,
but it is nice to see VLNC printing 6 today (5 7/8) at present for a 20.51% gain for the day.

Regards and good luck.

Bernard