MRV Communications (MRVC) opinions? Message Board

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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: Greg h2o who wrote (40017)	9/27/2002 12:18:24 PM
From: Robert G. Harrell	Read Replies (2) of 42804

Oh I can way top that. Take a look at my beautiful little gem with the beautiful track record that just blew up in my face,Clearone (CLRO). This is a perfect example of the chart telling you what the fundamentals didn't. I so loved this little company when I found it that I didn't pay careful attention to the chart. I stopped out and kept looking for a good time to re-enter. I don't know what I was thinking when I bought it back (probably wasn't thinking) but I didn't notice that it had broken below its 200 DMA. I also didn't notice the high short interest. When I finally did notice that it had 26% of its shares short I gulped. What did they know that I didn't. I started reading the Yahoo thread to see if I could find out the short case and about all I could find was some issues with the most recent earnings release and I thought they were adequately explained in the last CC. Yesterday they announced that instead of 20 cent gain they would have a 5 - 9 cent loss this Q. Story of my life. I remember when the shorts were coming on this thread and saying the stock was going to $10 and they were roundly criticized. I will never never never hold a stock that drops below its 200DMA!!!! If I had adhered to that rule the last 3 years I'd still be moderately rich.

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