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


To: drbailey who wrote (19507)5/3/2000 12:09:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
IMHO, the Belfast Telegraph article is another independent data source which reflects the reality of the "goings ons" at the Mallusk plant.

Clearly management is making head-way.

As for the stock price....well.....I see the ask gambit tacticians have now initiated their own little foray into longs territory(this signaled by sustained jump in ask size). Just as they did about 4 B-days ago. This is like watching a fencing match. Attack and counter, attack and counter. Rest.... Feint one way, feint another, then attack and counter. I suspect we'll see both sides wrestle it back to ~$15.25 or so, where it'll then stay static for a time...

Then another 'round of feint, attack and counter will begin....AGAIN. Heh! So it goes....

John~