SI
SI
discoversearch

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: Rich Wolf who wrote (10044)3/31/1999 9:30:00 PM
From: MGV  Respond to of 27311
 
The cost of the lesson is wholly up to you.

You can remain ignorant but the market won't care. Whether you have the capacity to see or not, we are talking about a stock that is where it was last June. Financing remains an issue. Marketability remains an issue. Production remains an issue. Viability remains an issue. If no more than a fraction of the projections made by the longs had come to fruition - both those that have crashed and burned with the disclosure of time as well as those that have repeatedly been pushed forward with each failed milestone date - the market would be discounting a much higher stream of future cash flows than is represented by six measly dollars and 63 cents. Deny it at your continued financial disappointment. The cost of the lesson is wholly up to you.

Last week the stock moved up just a little on less than average volume. There were no block trades. The dysfunctional element among you argued that institutions were hiding their purchases. The volume was abysmal. Today the volume was higher than normal. Today there were block trades. Today the price declined a bit over 7%.

Are you learning anything?

The market will continue if you have not yet learned.

Its a "free" market only to those who learn.