Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (154)	12/31/2000 11:43:35 PM
From: RockyBalboa	Respond to of 289

Fur further delection, I calculated the peak and the bottom values of this portfolio, so far: bottom value was $15,253, about 89% of the money spent. peak value was $1.389,394, more than 80 times the money spent on the portfoolio. peak value neutralizing the the 2 highest losers (ESTM, PLRXD), is $657,942, still 38 times the current purchase price.

To: RockyBalboa who wrote (154)	1/1/2001 12:52:23 AM
From: Q.	Read Replies (3) \| Respond to of 289

VLCK's chart looks different from the usual January Effect pick. Usually, you want to see a decline over the year, finished by a sharp drop in November & December due to tax-loss selling. The latter did not happen for VCLK. Perhaps one reason for this is the stock's valuation hit a floor at the cash-per-share price. Companies that are burning tons of cash can sell below cash, but VCLK has approximately a zero cash burn. That means its cash will last a long long time. Perhaps for this reason cash per share is a good floor for VCLK's stock price. It hit this floor in October, and thereafter the stock quit declining, unlike other internet stocks. There may have been tax-loss sellers for VCLK, but they were offset by value stock buyers looking at the cash. I'm hoping that in January the value stock buyers will still be there, and the sellers will be gone. We'll see.