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


To: golden_tee who wrote (24761)8/23/2001 11:17:15 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
<<VLNC unquestionably outperformed its peers (by an order of magnitude) during it's run to $40, and has made me quite comfortable financially.>>

In order for it to have made you comfortable financially, you would have to have sold at $40. Funny, I can't find the post where you said you did this. Here is what you actually said when the stock was at $40. Doesn't sound like a guy who is selling to me.

Message 13031687



To: golden_tee who wrote (24761)8/24/2001 4:39:08 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
Hey Robert, VLNC underperformed the NASDAQ by 19% today. Do you still think the market is the explanation for the stock price?



To: golden_tee who wrote (24761)8/24/2001 9:29:35 PM
From: MGV  Respond to of 27311
 
"Today's CC will be very bullish in my opinion. I'm buying more today on any weakness."

The rest of the story: The day after yoest made that statement of intent to purchase shares on 8/23, VLNC tanked the following day, 8/24. It was down nearly 16% on a day when the Nasdaq was up a little over 4%!

Nice call (insofar as it provided overwhelming evidence about the investment acuity (or more precisely, the lack thereof, of the source of the call, one yoest (must rhyme with "toast" as in burned).