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


To: Larry Brubaker who wrote (14888)9/28/1999 11:28:00 AM
From: kolo55  Read Replies (1) | Respond to of 27311
 


You wrote: "The short interest did not rise because whomever was shorting to drive the price down also covered at the bottom. Just as I predicted. And just as you claimed was not happening, based on your exhaustive scrutiny of Level II."

How do you know that this is a fact? Especially versus the five possibilities I spelled out? You can't know this is what they did. Its only your guess.

But I'm pretty sure this is inaccurate for all the reasons I spelled out in previous posts. Why don't you re-read the post, and respond to those points?

Message 11366021

Your "Superman Trader" theory doesn't fit the observations, and doesn't jive with common sense. How did they sell for 5-7 weeks and cover in a little over a week without pushing the price up?

I think the five possibilities I laid out are the only reasonable ones that I can see so far. Of course, some of those scenarios are more likely than others.

Paul



To: Larry Brubaker who wrote (14888)9/28/1999 4:07:00 PM
From: Mark Johnson  Read Replies (1) | Respond to of 27311
 
Larry this is what you said: "Round one was only the opening salvo in the death spiral. Round 2 is under way."

I'm posting this so I can rub your nose in your own sh#&...later.

MJ