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


To: Junkyardawg who wrote (3475)7/24/1998 2:55:00 AM
From: Javelyn Bjoli  Read Replies (1) | Respond to of 27311
 
After reading the RDOX thread I rescind my apology. I count 48 of the last 100 messages were posted by Lamar Cook. Here is what Lamar has to say about himself (his own words):

Investing style: "HELL IF I KNOW"
Experience: 1 year

And his comments on RDOX, in his own words:

"Let's all face it. That was one of the worst 10Q reports that you could possibly ever see. They have no factory. No product. No money in the bank. Not to mention that they are terrible about the pr reports of upcoming events if any."

"My buddy made the what amounts to 4 years pay for me, on Redox last week alone. He sold and told me to do the same. He said... Sell at 2.25+ and buy back in at 1.30+. I would not listen. But, lesson learned."

What we seem to have here is a newbie investor with nearly all his money (a few thousand $) in a single, speculative stock, who has watched it run from $1 to $2.50 and back without selling.

I read a few hundred of the RDOX posts, without finding a single one containing any substantive evidence that the company can or will ever produce a product. Or for that matter, that anyone posting on that thread has any knowledge of the battery industry whatsoever.

I will be keeping an eye out to make sure you do not creep in over here again. I can only hope that you get a subscription to www.thestreet.com and educate yourself before you are broke.