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.

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

To: Paul Dubsky who wrote (1281)	11/6/1997 9:42:00 PM
From: FMK	Read Replies (1) \| Respond to of 27311

Hi Paul, Here are two numbers for Don Wolanchuk's report. 800-511-0781 or 900-288-6663. I have not listened lately, but believe he should be very upbeat on Valence when you get to that section. I have heard lately that closing above 9 1/8 or 9 1/4 would be technically significant. Regards, FMK

To: Paul Dubsky who wrote (1281)	11/6/1997 11:30:00 PM
From: wm sharp	Read Replies (1) \| Respond to of 27311

Paul - I use bid size, ask size, and their ratio to try to gauge pressure in either direction. Yesterday, the ratio remained fairly balanced until the ask hit 9. Every time that occured, the ask size ballooned by 5X. My interpretation is there was a standing sell order(s) at that level. This is not unusual for our stock. People have been trading it back and forth on a $1 spread for ages (as the rest of us INVESTORS remain confident in management, study the fundamentals, and await news. Silly us. <g>) My personal view is anyone still trading this stock is playing with fire. On today's closing shenanigans, the end motivations are tough to read. Someone may be trying to take advantage of the low volume late in the day to get a brief buying opportunity. Who knows...