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


To: golden_tee who wrote (9919)3/27/1999 2:08:00 PM
From: Dennis V.  Respond to of 27311
 
Robert, yep, an old tactic to unsettle the weekend. Remember, heavy posting by shorts is mainly to blunt an anticipated price rise.



To: golden_tee who wrote (9919)3/27/1999 2:14:00 PM
From: Razorbak  Read Replies (1) | Respond to of 27311
 
The Right Time to Short?

<<We are just days or weeks from a major upward move in VLNC's share price, and there is not much time left to cover. Look at it this way, if 1.4M shares can't knock the price down, how much money do you guys have left?>>

Robert: So you think I should stay on the sidelines a little longer and not establish a short position right away? How much higher do you think it will go on the coming "major upward move", and how long do you think that will take? I can be patient.

Razor



To: golden_tee who wrote (9919)3/27/1999 3:45:00 PM
From: Bob Childers  Read Replies (1) | Respond to of 27311
 
Robert - It looked to me the fall came in the last 15 or 20 minutes Friday on very few trades. Do you (or anyone) have access to the ticker to clarify?
As to the endless TA speculations, and Razor's posts today, there is little utility to these exercises, and should one or the other come to pass (several will, regardless)- be careful what lessons you take from it!
The important variables for this stock's future are largely unknowable from here. They are: how close to a PO, what sources of contingent financing might Lev have lined up, and will the technical execution prove successful. I'm confident enough to sleep well overinvested in this one.
Thanks to all for your efforts. Gooooo VLNC!
Bob