Shares of Valence Technology (VLNC) have been rising significant this month, going from 79 cents end of Augusts to $1.09 today gaining almost 40%. Take a deeper look at what's happening and could give us a better idea if this is just a short pump or beginning of upside.
From the fundamental side the company is in the right industry. As a producer of lithium battery for cars, Valence should benefits from the Obama Administration's focus on clean energy especially on electric cars. In addition the $19 million dollar contract with Wrightbus in UK last Thursday also indicates the company is benefiting even from outside US as cleaning energy is also the focus of the other part of the world.
The technical chart also indicates bullish sign as the 20 day moving average has crossed above 50 day moving average with KD going up and MACD in positive territory. The recent insider buying of 7 million shares at 76 cents per share is also another positive indication that the insider are now bullish about the company.
The only weakness is the financial where the company is still losing lots of money. However if the company can continue to earn record revenue as it did in the latest quarter, the financial situation could improve eventually.
I really impress on you information about penny stock growth. I think Obama has to done really great deal with UK and USA get very nice income or share from after that deal.
ReplyDeletePenny Stock Blog
I have a web site where I give advise on penny stocks and stocks under five dollars. I have many years of experience with these type of stocks. If theirs anyone interested in these type of stocks you can check out my web site by just clicking my name. I would like to comment about the future of the stock market theirs always bargains in the stock market you just have to be willing to take the time to find them. Speaking of stocks under one dollar that worked out for me. I recently sold my shares in vonage holdings corporation for 5 dollars. I bought the shares in 2009 for 37 cents. This was a rare exception to the general rule most of the stocks trading under 1 dollar are not good investments. The way that you find low priced stocks that are worthy investments is to have as much knowledge and experience as possible about these type of securities. Only than can you profit tremendously from these stocks.
ReplyDeleteburberry factory outlet, uggs on sale, oakley sunglasses, prada outlet, longchamp outlet, louis vuitton, michael kors handbags, nike free, michael kors outlet, longchamp outlet, ralph lauren outlet, michael kors outlet online, oakley sunglasses, burberry outlet, nike outlet, longchamp bags, kate spade, ray ban sunglasses, tory burch outlet, uggs on sale, christian louboutin, ray ban sunglasses, uggs outlet, louis vuitton handbags, tiffany jewelry, louboutin shoes, replica watches, prada handbags, louis vuitton outlet, nike air max, louis vuitton outlet, michael kors outlet store, oakley sunglasses, michael kors, cheap jordans, nike air max, uggs outlet, uggs on sale, michael kors outlet online, ralph lauren polo, gucci handbags, louis vuitton outlet online, christian louboutin, chanel handbags, cheap oakley sunglasses, louboutin uk, ray ban sunglasses, replica watches
ReplyDeletevans pas cher, mulberry uk, sac guess pas cher, nike free pas cher, lululemon outlet, polo lacoste pas cher, nike air force, nike air max uk, coach outlet, true religion jeans, new balance, ralph lauren pas cher, converse, true religion outlet, nike air max pas cher, jordan pas cher, michael kors outlet online, coach purses, kate spade outlet, nike tn pas cher, hogan sito ufficiale, north face pas cher, timberland pas cher, longchamp soldes, nike roshe run pas cher, nike air max uk, north face uk, michael kors, nike free, longchamp pas cher, ray ban uk, vanessa bruno pas cher, polo ralph lauren uk, hollister uk, michael kors uk, burberry pas cher, hermes pas cher, coach outlet, louboutin pas cher, nike blazer pas cher, true religion outlet, abercrombie and fitch UK, coach outlet store online, lunette ray ban pas cher, abercrombie and fitch, nike air max, nike roshe uk
ReplyDeletesoccer shoes, softball bats, mac cosmetics, insanity workout, polo ralph lauren, lululemon outlet, nfl jerseys, herve leger, hollister clothing, ray ban, oakley, beats by dre, gucci, nike air max, longchamp uk, louboutin, converse, celine handbags, vans outlet, valentino shoes, giuseppe zanotti, salvatore ferragamo, hermes handbags, reebok outlet, abercrombie and fitch, timberland boots, nike air huarache, bottega veneta, iphone cases, new balance shoes, abercrombie, mcm handbags, wedding dresses, soccer jerseys, p90x workout, north face outlet, nike roshe run, babyliss pro, nike air max, nike trainers uk, ghd hair, asics running shoes, chi flat iron, instyler ionic styler, jimmy choo outlet, hollister, north face outlet, vans scarpe, converse shoes outlet, mont blanc
ReplyDeletetoms shoes, coach outlet, swarovski uk, supra shoes, canada goose jackets, barbour jackets uk, sac louis vuitton, canada goose outlet, ugg uk, moncler outlet, juicy couture outlet, moncler, ugg,uggs,uggs canada, canada goose pas cher, wedding dresses uk, moncler, michael kors handbags, hollister, doke & gabbana, sac louis vuitton, juicy couture outlet, links of london uk, moncler jackets, canada goose outlet, michael kors outlet, pandora charms, canada goose uk, canada goose, swarovski jewelry, michael kors outlet online, pandora uk, thomas sabo uk, pandora jewelry, moncler pas cher, canada goose jackets, karen millen uk, bottes ugg pas cher, moncler uk, pandora jewelry, ugg,ugg australia,ugg italia, louis vuitton, louis vuitton, louis vuitton uk, marc jacobs, moncler, canada goose
ReplyDeleteشركة تنظيف الكويت شركة رائدة في مجال تنظيف الشقق متحمسون حول الخشب ليكون لامعًا لجعل سطح الخشب مع تألق رائع خالٍ من البقايا والتربة ، لذلك هناك طريقة صحيحة لإنهاء الخشب بسيطة للعمل ومتصلة بخشب النهاية
ReplyDeleteشركة تنظيف
تنظيف منازل
تنظيف السجاد
تنظيف بيوت
تنظيف شقق