SI
SI
discoversearch

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: Mark Johnson who wrote (3591)8/6/1998 11:00:00 PM
From: hcirteg  Read Replies (1) | Respond to of 27311
 
Hi Mark-

Excellent post...personally, I think we are nearing something good. The market activity looks like we are ready to lift off. Lev has all the "bad news" on the table thaqt he inherited..including the new financing which you clearly explain why it wasn't bad.

In other words...everyone was given all the reasons why they should sell...so why hasn't the stock dropped to $4??? Because there are no sell orders there for the MM's to go get. They get the 4 5/8ths and up crowd...but in IMHO...the ones in the know have and continue to accumulate.

HC

PS See the action of my other favorite stock over the past 10 days?? Talk about a wild ride!



To: Mark Johnson who wrote (3591)8/7/1998 9:29:00 AM
From: John Curtis  Respond to of 27311
 
Mark: I agree with your assessment. As much as one could play around with the idea of those financiers playing games, I gotta expect that since they've been made privy to what's going on inside VLNC then IF VLNC is as far along as we hope(and there's no reason at this point to think they're not), then there's no logic behind the manipulation scenario, eh? So, paraphrasing that 'ol law called......jeez HOW do you spell it......Occrams Razor, when contemplating alternative theories, throw everything out but the simplest idea. And the simplest idea is the one stating that the financiers have seen the plant, know of its capabilities, and probably have a good idea of p.o.'s lurking out there in the wind.

Indeed, if VLNC is as far along as we hope, then this financing is really a sweet deal for them, eh? It gets them over the ramp-up hump they were looking at in a minimally dilutive manner. This leads me to suspect that VLNC must have had several financing options available to them which weren't quite as favorable so they picked this one as the best. Once again, it's probably the best IF they're on track. As for the shorting potential, me thinks the financiers knew it was a good arrangement, BUT they built in a little safety valve just in case......after all.....VLNC ain't yet overcome their history, eh? So as a financier ya gotta stay on guard and protect yer interests.

As for the conference call. DAMN!!! I cannot attend it because I'll be in conferences myself at work all next week(we got a lot going on right now). Okay, who's gonna step up, participate on the call, ask the appropriate questions and provide a synopsis for the thread? Come on, come on....we need a volunteer!!

Regards!

John