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$3.74 0.01 (0.27%)
8/20/2008 4:00 PM

Valence Technology, Inc. (VLNC)

CAPS Rating:
*

The Company has developed and markets the industry's first commercially available, safe, large-format family of Lithium Phosphate Rechargeable Batteries.

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Avatar Turtleread (< 20) Submitted: 7/08/08 2:43 PM : Outperform Start Price: $3.45 VLNC Score: 2.01

1. Spec. only.
2. Moving swiftly upward--high energy systems-batteries and energy storage systems.
3. No dividend. Sales have increased over 17% 5yr. growth.
4. Last 12 mos. stock strength at 100.
5. Insiders buying like crazy.
6. Sales better than industry.
7. Could easily be a 10-bagger or just as easily yesterday's news. But today its HOT!

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Avatar bluedome (52.57) Submitted: 7/09/08 2:28 PM

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Be careful... Stock purchases by billionaire Carl Berg are how the company has been funded during the past 15 years of losses ($250 million so far). That's the only reason it is not bankrupt. That is not a standard insider trade...

In the past 6 months, the other insider trades are sales of stock. That stock was purchased only 6 months before that.

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Avatar Turtleread (< 20) Submitted: 7/10/08 3:25 AM

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I hear you. However, on the insider transactions it is the officers of the company that are doing the buying. As I said it could be a 10 bagger or a bust, most of these little drug companies are just that. But they do have one drug at the Phase 3 FDA level for approval and if it is approved, then some income will pour in--or even if it is approved in Europe.

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