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

To: Rich Wolf who wrote (15555)10/30/1999 12:05:00 AM
From: Larry Brubaker  Read Replies (2) | Respond to of 27311
 
" ... a huge brick wall of MMs sitting on the ask at $5..." ... THIS statement constitutes the WISHFUL thinking of one who is short the stock."

Rich, at the time I made the comment, there were no fewer than 9 market makers at 4 15/16 and 5, many with large blocks available.

Wishful thinking or not, it was simply a fact. There was a lot of stock for sale at that price.


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