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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Bruce L who wrote (11284)11/27/1998 12:16:00 PM
From: George Dawson   of 42804
 
Bruce,

"I would think that sophisticated investors who short would do so in terms of fixed minimum DOLLAR amounts rather than fixed number of MRVC shares; cheaper MRVC share prices would lead to more shares shorted - for those investors who short."

Agreed - in fact everything I have read about shorting says this is a preferred strategy.

"Second, average daily trading in MRVC has increased more than 60% from October to November, from 509K to 843K."

For more detailed analysis, including which market maker or broker is doing the trading somebody posted this reference on another thread:

nasdaqtrader.com

If it doesn't work just try the Nasdaqtrader.com site and type in MRVC.

On this table, there is a high number of brokers with an E or ECN designation. This means "electronic communications network" which might be consistent with your day trader hypothesis. If it is a month by month analysis should show they are more prevalent. Analysis of trading blocks would also be useful.

George D.
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