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


To: Matthew Leo who wrote (1694)12/11/1997 5:21:00 PM
From: Paul Dubsky  Read Replies (1) | Respond to of 27311
 
Let's hope you're right on the 5 bagger part! I am a little curious of your change of heart per your posts. One minute your beating up on the company, the next you're saying we're in money heavan. (Of course, this is like the pot calling the kettle black!)

I checked out the trading again today, and again, NO LARGE BLOCKS! This is very, very, very weird. Yes, some players could be selling large quantaties of smaller blocks. But, if there's a disaster in the making, they'd be unloading fast. I did notice right before it went down to $4 that there were a lot of 3,000 and 5,000 share trades going off, but they appeared to be at the ask of 4 13/16. For the longest time, they were zipping by at this level, then the next thing I know, the price is dropped to $4 3/8, then $4. The fall would seem to indicate that the trades were all sells. But, at the ask?

I need to stop trying to figure the tape out, buy as much as I can humanly afford (like I haven't already done that!), and forget about it. Turn on the computer in Jan 31, and hope to see the teens! (Yeah, right!)

FMK? mooter? Any more thoughts? FMK, give me a call sometime.