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


To: golden_tee who wrote (9335)3/14/1999 6:55:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 27311
 
One of the ways shills on scam stock threads try to discredit me is to point to one of my old picks, taking it out of context, or neglecting to mention that I may have sold/covered for a profit before the stock changed direction, or that I may have closed a position for a loss.

The fact of the matter is that when I'm wrong about a stock, I admit the mistake and move on...

Message 4461199

Message 4999853

Of course, another thing the shills neglect to do is to mention that my overall performance is superb. Here is just *one* example of a series of short recommednations:

Subject 15277

Performance of ZITL, ACLY, VIAS, DDIM, IMRS since summer of 1997....

techstocks.com

This - of course - in the face of a massive bull market. I have a particular fondness for ZITL. I actually started shorting it long before I started that thread...at 52 a share. Just for fun, check out the flak I was getting from the ZITL shills on a near-daily basis on the SI and Yahoo ZITL threads. Much of the rhetoric (big contract next week, shorts are gonna get killed, Wexler will get sued, blah, blah, blah, blah....) is amazingly similar to the rhetoric on this thread...sometimes word for word.

So I go back to my original point. I am short this company because it has a 10 year track record of producing nothing except more stock and massive losses. I also have no doubt that the stock is being fraudulently promoted via the internet and newsletters.

VLNC should be shorted with a price target below 1 a share.