Stephanie Goldivase

2 Comments

    • ON: Wed Sep 3rd 00:34 AM
      Commented on:
      Opportunities in Energy Storage Stocks
      The lengthy comment about Valence Technology is quite a joke. This is a company that has been touting how it makes the best batteries on Earth for nearly two decades. While it is quite successful in selling shares of stock, it has never been very successful in selling batteries. I won't go into the long, miserable history of Valence overtouting its prospects. That record is well documented for anybody who cares to do some digging. Googling "Valence securities fraud" is a good place to start. A review of their pathetic financial statements is another.

      But one comment made in the touting post above bears some rebuttal. The poster claimed that the current Valence CEO (#7 in a long line of revolving CEO's) is the real deal and will be proven to be conservative in his projections. In fact, the current CEO has already proven to be wildly overoptimistic in his projections (just like Valence CEO's #1-6 before him). He touted that the Tanfield "contract" would be worth "$70 million in the first year." As it turns out, Tanfield took delivery of $4 million worth of batteries, didn't bother actually paying for them, and hasn't ordered any more.

      Nobody should buy Valence stock with money you can't afford to lose.
      View article »
    • ON: Tue Jul 1st 12:50 PM
      Commented on:
      Valence Technology: Uncanny Strength in a Down Market
      VLNC went from $1 to $4 after announcing an "order" from Tanfield they touted as being worth "$70 million in the first year" when in fact, the "order" has no minimum amount of product that is required to be purchased. Meanwhile, Tanfield's stock has imploded (from 120 pence to 6 pence) as they've overtouted their own prospects. VLNC is a $1 stock masquerading as a $4 stock.
      View article »
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