Replies to post #290 on VLNC: Valence Technology, Inc.(fka VLNCQ)

[loridans]

Selling at the end of the year to book a tax loss can really whack a stock that has had a tough year when investors sell just to book that loss. VLNC has had a tough year.

But the New Year stops selling for tax reasons and that shift in supply and demand can, not always, result in a stronger price in the short term. Especially if the company has positive news to announce.

I checked that other stock mentioned in that blog--UTRM--and now the stock is at .04 from a year's high of .97--now that is really a huge loss--but I checked the company out and they just announced a new product that has gotten great press this month--but the stock is barely off its lows.

I think the blogger is on to something with tax loss ideas for bounces in January. VLNC is a good idea. So is the other one, IMO. UTRM

I have bought both--Should be interesting where I am at by January 15.

Have a great New Year.