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


To: John Curtis who wrote (18963)4/2/2000 1:22:00 PM
From: kolo55  Read Replies (1) | Respond to of 27311
 
I like the 117k share block after close Friday.

At 4:28pm on Friday, a 117k share block was reported. Could this be the last of the settlement shares?

If so, then Monday's open could be very interesting. Now that we have proved the rumors false, and BEST is finished selling, this simply leaves some shorts and MMs short on inventory, out there twisting in the wind. OTOH, some shorts likely covered ahead of the weekend, and could hit the stock again on Monday.

But all in all, I think things are looking up. The late high volume buying on Friday, sets us up for a great week next week.

Paul