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


To: hcirteg who wrote (3494)7/28/1998 4:52:00 PM
From: John Curtis  Read Replies (1) | Respond to of 27311
 
hcirteg: That last 15 minutes today prompted a "What the hell?" reaction out of me. Here VLNC had been "lolly-gagging" around, about and down pretty much all day, and there in the last 15 minutes, BAM, the bid runs from $4 13/16 to $5 3/16. See this URL and pay particular attention to end of market day:

chart4.bigcharts.com:80/report?r=qchart&onbad=qbadsymbol&country=us&symb=vlnc&time=1&sid=8848&sec=c&xyz=423998522&s=2394

Clearly this ain't MM's truing up, at least not all of it, they tend to do it in a different manner(see the URL I left on my last post to Mark V). So, regarding this activity, and your query about Aug. call's being sold(I haven't looked at that one yet), perhap's the market does know something, and is telegraphing the knowledge in this fashion? We all know it's getting close to VLNC making a move for alllllll the reason's that have been endlessly discussed. Could it be this is the first rumblings? We shall seeeee. Warning though, be mindful of another "bull trap!"

Dont'cha just luuuv speculating?

Regards!

John~