Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: MGV who wrote (9556)	3/21/1999 3:23:00 AM
From: mooter775	Read Replies (3) \| Respond to of 27311

Darkgreen, What is it with you that you just cannot resist some kind of arrogance in your postings? Is it because of your success with MIKL? Yeah, you can call NETE a little penny stock all you want, and try to defend yourself with your own portfolio - but all I know is that you trumpeted MIKL on this thread in June 1998 about the same time you were "enlightening" us about the risks of Valence (despite the fact that you alleged that you didn't own it and weren't short) And despite the bull market since June 1998, MIKL hasn't performed worth shit since then. You even touted the recommendation of Piper, Jaffray earlier this year (at around $ 19-$20, I believe) also on this thread. Who the heck knows or believes what else you held. Now as far as NETE is concerned, even considering the decline back to $ 10 on Friday, which you managed to discuss with no less than four (4) !!!! - I'll still match my return against yours. Fact is, I invested slightly more than $ 600 m in the stock over 2 1/2 years at an average price of $ 2.53. I have taken out long term profits of nearly $ 1.4 mm, and still have invested more than $ 700 m in the stock, all long term profit. (And I did in fact sell >35,000 shares on Friday at an average price of > $ 15.25 per share. And I had sold 42,000 shares on Thursday at an average price of nearly $ 13.00 per share.) My internal rate of return on the investment is nearly 65% per annum over that 2 1/2 year period. Hope all the "putz's" in the world would do as well, huh? Now, I've never tried to crosspost on the MIKL thread, since I don't own the stock and don't really care what it does. I've even posted that it was a fine company - it's just not my investing style. But you can't say the same about cross posting on threads wherein you don't own any shares and profess not to have any economic interest. And can't seem to get over your hard-on about Valence. When you try to piss on someone else's parade with your arrogance, find out which way it is going and which way the wind is blowing - otherwise it becomes clear that you're soiling yourself. Putz.