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


To: Zeev Hed who wrote (18846)3/29/2000 3:38:00 PM
From: golden_tee   Read Replies (1) | Respond to of 27311
 
I wasn't bashing you Zeev, just suggesting that since I still have a considerable long position, I did not appreciate posts that might contribute to the slide. I increased my position down here 25%. Hell, I'll probably be thanking you tomorrow for possibly contributing to the buying opportunity! So do you think that the sellers may have "front run" the settlement trades?



To: Zeev Hed who wrote (18846)3/29/2000 3:41:00 PM
From: John Curtis  Respond to of 27311
 
Short covering would be nice....however, they're still stomping the ask size at every opportunity. Hammer and pause, hammer and pause...with the smallest average ask size being 1K. Buying is not organized right now; so unless today's action was instigated by a sizable day-trader shortie brigade....well...it could close right around this level, thus leaving a maximum of FUD for folks to chew over until tomorrow. In some ways there appears to be both a tactical, and psychological, game being played. 'Tis interesting to watch Masters at work, eh? ;-)

But we've still got 20 minutes; so let's see how it goes..

John~