Evil Dragon

2 Comments

    • Question Marks at Valence Technology [view article]
      There's no answer on reasonable price. Price always contains some kind of expectations. From my perspective the following has to be taken into consideration:
      * the number of all-electric and hybrid cars (or say vehicles) is going to increase exponentially over the next decade, because of increasing oil prices and global warming prevention stimulae
      * the market of batteries emerging now and there're no so many playes in it
      * Valence has very good battery technology (high capacity, longer duration, ecologically clean, thermally stable, microcontroller manageable)
      * even by relatively conservative estimation, Valence is capable to grab battery market share of hundreds of millions dollars a year. Given projected margins of 20-30%, it brings us to 100-200 M$ of profit in few (may be even a couple of) years.
      This means that in relatively near future it stocks' market share should reach a 2-4 B$, i.e. stock price of 30-40$.
      Apr 29 10:47 AM
    • Question Marks at Valence Technology [view article]
      This article reminds me my investment in Akamai. I accumulated the stock when it was 0.9$. And boy, how many "experts" explained that this stock isn't worth even that money. When the price reached 10$ they went mad shouting that this is a scammers etc. And the it went 30$ and 50% ( 5000% ). I sold it at 17, by the way.
      So keep wining, I'll keep doing money.
      Valence has good technology (award winning) that at the moment is penetrating the market. Talk to you in couple of years.
      Apr 15 08:16 PM
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