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


To: Rich Wolf who wrote (24296)5/25/2001 1:10:13 PM
From: Peter Groninger  Read Replies (1) | Respond to of 27311
 
OT, Rich, you should remind Markie about his peerless prognostication that LVCI was a sure fire double as of 9/30/99 when it was 14; it is now $3.50.



To: Rich Wolf who wrote (24296)5/25/2001 3:10:26 PM
From: MGV  Read Replies (1) | Respond to of 27311
 
Accountability is no "trick" Rich, you attacked with a poor argument, now you are in the position of trying to explain. Why do you telegraph your buys but not your sells at lower prices? Your acknowledgement of selling is a 180 degree departure of the August 2000 post, when you called it "cheap" at $8. How correct were your assumptions implied in that post?

The bear market does not explain SNRS. Other companies in the same space are down a fraction of the percentage fall in SNRS from the time of your post through today, including VISX. Your post was not about buy and hold versus a trading strategy. You were buying at over $8 because of poor assumptions and faulty analysis. No amount of spinning and subject changing changes that. Good for you that you "flipped out." Why do you telegraph your buys but not your sells at lower prices? And if you do not count SNRS out, why didn't you telegraph a buy at 1 and change or even now at 2 and change. You did it at $8 last year.