SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Regis McConnell who wrote (25387)10/13/2000 3:01:38 PM
From: anicca  Read Replies (2) of 42804
 
I have strong suspicions that this is happening. It is uncanny how many excellent stocks which have large retail investor following gets beaten down for absolutely no reason. I have experienced this quite often and intend to change my broker to a more established house. Retail investors have a tendency (yours truly included) to buy value stocks on margin assuming that the stock price will not go down any further and it is exactly this tendency that is exploited. There is a tendency to make a comparison between a high flyer (like EXTR) and MRVC and an assumption that since EXTR is moving higher MRVC should do likewise and people buy MRVC instead of EXTR and the reverse of what is expected actually happens. I can give several examples of this. Although I used to believe that the market was in general above board I have slowly come to the conclusion that the markets are manipulated and in many instances the management of companies are involved too. Eventually stocks such as MRVC do very well and anyone with patience is likely to do very well in long term, however in the short term anything can and will happen.

anicca
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext