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


To: Tickertype who wrote (18628)3/9/2000 12:50:00 AM
From: The Vet  Read Replies (2) | Respond to of 27311
 
Tickertype, I don't think that it was the small investor bailing out in the last few days. I use the activity on the Island ECN to gauge if it is the small guy or others doing the selling. There has been virtually no shares changing hands on Island over the past few days unlike when we had the run up and it was the major trading force. As it doesn't look like institution selling, my opinion is that this run down has been the work of the MM's taking advantage of the general market weakness to shake out a few weak hands. The MM's for Valence have been manipulators of the stock for their own advantage for years - I know they caught me a few times before I caught on to their tricks. I suspect at least one poster here has an association with the MM's and uses the posts to push the stock in the direction that will make them the most money... Just IMHO of course.... but I am buying more at these levels, not selling!