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


To: Greg McDaniel who wrote (25184)1/16/2002 6:47:38 PM
From: hcirteg  Read Replies (1) | Respond to of 27311
 
Greg-

Just a continuation of the enhanced trading that has been going on for about two weeks now. On a day where the market got creamed, it is incredible to see what VLNC did.

No speculation here other than what I have already said...something is brewing and we have no clue what it is.

Did you notice the large blocks that continue to trade...several 20K blocks today (one in the after hours)...as far as I can tell, that ain't no retail investor.

The volume is preceeding a price change...it's up or down of course...but I bet UP! If we can retest $4 this week, I beleive we will be in a very favorable position to move even higher.

Looks like $3.20-$3.30 is the basement and a historically excellent spot to buy (with $4.50 being the exit).

Nice trading pattern until we bust $5.

Let's hope.

Thanks for the heads up on the AH's activity.

Take care-

HC