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: Larry Brubaker who wrote (2016)	2/2/1998 10:39:00 PM
From: Paul Dubsky	Respond to of 27311

Let's hope so! The stock appears to have very strong support at $4.50, and resistance at $5. Very narrow trading range. In my experience, whenever a narrow trading range occurs, it means that a big move is due. But, as you indicated,, which way is the question! I honestly and sincerely do not believe it will be down. The market has totally punished this stock until anything concrete comes out on the PR front. It would be hard to imagine it going any lower. I wonder how the contract with Alliant Tech is progressing? All the talk and focus on the mobile electronic market, but no mention of the DOD deals. Sure, total dollar not much now. But appears bigger bucks are in the offing if they develop the right battery. Anyone know of how this is progressing? Paul