MRV Communications (MRVC) opinions? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny_Blaze_420 who wrote (23593)	9/7/2000 3:55:31 PM
From: John Curtis	Read Replies (1) of 42804

Yup, MRVC is getting hammered. Hammered hard and in a VERY methodical fashion. I've seen this, as I call it, "hammer and pause" tactic many times, and with many equities. I've seen it particularly employed with equities involved in "on the come" stories well known by the market. It's almost as if the tree is purposely being shaken to the point of breaking, because those that know; know the future of the equity under assault has many positive aspects. Aspects they want to participate in, but only at their price(s). Then again...having not followed MRVC long enough to truly ascertain if this is in fact happening (although the hammer and pause tactic is clear to see--and when you couple this to the fact the NAZ is up +70, thus negating the argument that this fall is all about NAZ malaise....well), shortie could be seeing a juicy and plump over-extended equity. And you know how dearly they love to play with such as those like that, eh? Heh! Anyway, I will say I'm impressed with the speed of this descent. +15 points in almost 3 full trading days, and on no news, is an impressive inverted moon shot. Somewhere there's got to be a shortie doing a happy feet dance right now..... Meanwhile...still looking for a signal to join the longs party.... John~

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next