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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: BelowTheCrowd who wrote (5587)12/20/1999 4:49:00 PM
From: golden_tee   Read Replies (1) | Respond to of 10293
 
I do not remember wexler suggesting a short of VLNC at $10+, but rather at $7.5. I think you are just plain lieing here. Show me when wexler posted a $10+ short pick before the <$5 decline? Do you have a poor memory or just think we are all stupid?



To: BelowTheCrowd who wrote (5587)12/20/1999 5:28:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 10293
 
Correction...NVLS +29...yipeeee!!



To: BelowTheCrowd who wrote (5587)12/20/1999 5:58:00 PM
From: Mike M  Respond to of 10293
 
Shorting 1000 shares of VLNC at 7 1/2 or even 10 doesn't exactly hedge 1000 shares of VLNC at 75....It may hedge 100 shares....but then the argument breaks down and you are losing money. Let's put things into percentage terms and see if this argument holds water. 35% return on the long(if you didn't hedge your long like Bill did) versus a 100 to 150% loss on the short POSition. Bad hedge.



To: BelowTheCrowd who wrote (5587)12/20/1999 7:59:00 PM
From: Pallisard  Read Replies (1) | Respond to of 10293
 
Michael, I have no argument with you or your trading strategy, and I appreciate your reasonable approach, in contrast to Wexler's.

Wexler began all this by coming to the Valence boards several times since March denouncing VLNC and its management as a fraud without evidence or justification. Now he's acting like an injured party, carrying on a vendetta. I'm beginning to think he might be one of the litigants in the hopeless suit now pending. Whatever losses he incurred in Valence are well deserved; I only feel sorry for the naive people who fell for these subjective, selfish predictions. After all, it is merely a ploy to influence potential investors negatively, isn't it, or do you think he's performing a social service for us poor, unsuspecting longs? Obviously you were savvy enough to know when to quit, and obviously, his services are no longer needed

Can you answer directly, do you think VLNC is a fraudulent company which is soon to go bust?