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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (75267)	7/12/2012 10:44:33 AM
From: Kirk ©	2 Recommendations Respond to of 206738

GM is in a blue state, no? Now that thats out of the way. Valence has a huge backlog of orders to fill that will be easy to finance as a DIP company according to sec filinings.....what a country....eh.......by the end of the year they expect to be back like GM.....sigh..... Valence applied for a loan from the same government program that gave over $500M to now bankrupt Solyndra. I believe VLNC only needs $20M to keep it going but it did not get the money because its headquarters is located in Texas, a very "red" state. I believe politics had a huge part in this failure but what can you do?