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


To: FMK who wrote (5678)11/30/1998 11:10:00 AM
From: J. M. Burr  Read Replies (2) | Respond to of 27311
 
I thought I would track VLNC for a while and found the following: 10:00 Eastern: 10 13/16 111,200
10:02 11 1/8 113,800 (and now the games begin!)
by 10:20 10 8/16 141,900 (all on small lots)
10:22 10 7/16 148,700
10:23 10 6/16 154,300 (as the MM continue their influence.
10:30 10 6/16 187,000 (buying surge)
10:35 10 6/16 193,000 (just a minute before the spread had been narrowed to 1/16, and now it kicks in that the bid is lowered to 10 1/8.) This is where I had to leave, but sent a buy when they have beaten the stock down to 9 15/16. This seems a classic case of MM attempting the "10:00 AM blues" to rattle the timid. Tumbleweed.



To: FMK who wrote (5678)11/30/1998 3:44:00 PM
From: Dennis V.  Respond to of 27311
 
Sure looks like a "squad weapon" FMK. In case you've forgotten, this is a special purpose weapon used to round out the squad's offensive capability. In times past, this might have been a Browning Auto. Rifle or in the case of the Germans, the STG 44(later morphed into the Russian AK 47). During Nam, the M16/grenade launcher combo and the shotgun(!) were issued. Check out one of the "Platoon" type movies and you get the idea. Anyway, the number would be more like 50,000 for the first "buy", I think.