Replies to post #154 on VLNC: Valence Technology, Inc.(fka VLNCQ)

[dfett]

pretty surprising how uninterested the market was today after the announcement - granted it was nothing "new" really, but was a good confirmation that things were on track - exactly what stockholders had been wanting since the plunge. But we did get our recovery yesterday so not complaining..almost as if it was already priced it, and today was just some low volume consolidation after yesterday's huge gain. The volume says it all..there were hardly any "big trades" at all.

on another note, the market was pretty harsh on alternatives in general today..i'm in the nasdaq clean index (QCLN), and it took a hit, as well as practically all the alternates on my watch list - especially the solars, which were making a bit of a comeback after their plunge this year. Odd that the market reacted like that after the bush speech yesterday - and it couldn't be just because of the unpopularity of person giving it..

[trunkmonk]

this is where he makes it clear that Smith loves the product and demand is satisfied.

"Smith's projection to build 2,500 Edison and Newton vehicles
during the period ending March 31, 2009 will result in $70 million of revenue for Valence."

this is where he states others are watching, the proving ground is set.

"We believe the success we are experiencing
through our agreement with Smith to provide safe lithium phosphate energy power solutions will serve to expand our client base in the renewable, clean energy markets"