The Valens Company Inc. (VLNS)

[GE_Jim]

Well, the descending direction we have been in since MAY is playing out. The lower volume isn’t helping. 305 k today seems high today and as of late it is, however going back to Feb, Mar we were closer to 750 to 1 mil a day. Currently we just went into a over sold position on the RSI of 25.77. IF some of this was driven by shorts, I would think they would be getting out pretty soon. The company itself is doing exactly what they said at the start of the year, may not be as fast as people would like but the direction and how they are building is fine on the overall.