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


To: kolo55 who wrote (14896)9/28/1999 1:40:00 PM
From: kolo55  Read Replies (1) | Respond to of 27311
 
I'll keep giving a blow for blow while its interesting.

The buyer took just took at least 30,000 shares at the bid, and is STILL there with 10,000 on the bid at 4'13. This was one of the big buyers who stalled the last death spiral attempt.

I believe the selling came through another MM, one who did a lot of selling yesterday, but not the big guy. The big guy is still sitting with 11,000 on the ask at 4'15.

Now I see that the big buyer has been joined by several other MMs, one with 5000 on the bid. The big seller who just sold all those shares has retreated.

Now the attack is on again... 190,000 shares traded already.

The attackers have pushed it to 4 3/4.

Paul