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

To: FMK who wrote (5492)	11/22/1998 8:07:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

<<Larry, I would be embarrassed to admit to that post. You refer to Valence as a traders dream.>> If you insist on talking about motives rather than substance, I'll explain. The post you refer to is a daytraders thread. You won't see any other posts of mine on that thread because I am not a daytrader. I put that post on the daytraders thread because I think the presence of daytraders is a positive. They tend to sell when others are buying, and buy when others are selling. In short, they tend to moderate the bumps and dips in a stock, and add volume and liquidity; a positive thing. <<This is equivalent to admitting your purpose is to argue in whatever direction helps your trading strategy.>> Yes I am out of the stock and freely admitted when I sold. Yes, if I were to buy back in I would prefer it to be at a lower price. But, you are giving more credit than I am willing to accept. I don't see posts on these threads affecting the price of the stock. If they did, why did the stock tank last fall while you were quoting your sources to say production from several lines was on track for first December, then January, then the end of the 1st quarter? The stock tanked while the vast majority of the posts on this thread (including mine) were quite bullish. <<You are now making a lot of noise because you sold out at the wrong time.>> The jury is still out on that question. Right now, the price is approximately where I sold. I haven't missed out on anything. <<I suggest you buy back in and hold.>> Thanks for the advice, but I'll pass for now. I will need a little more, in the face of an imminent floorless conversion, than "no comment" from Lev and an estimate of a 99.98% probability of success from FMK.