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: signist who wrote (5808)	11/6/1997 3:31:00 PM
From: starpopper	Read Replies (1) of 42804

RELAX!!! Downside risk is minimal, upside potential is GREAT!!! Strong support at $25! There is NOTHING that the market or the MM's know that we don't know! What we are experiencing is the usual (or slightly more than usual because of the Asian contagion) end of year profit taking from stock funds! Remember that they have average costs in MRVC of $22 or less, so selling at $26-$32 will show a nice profit for those end of year statements! In December and January we should see substantial buying to replace those positions sold! This is only the backfire I discussed previously before we lay down some rubber! "Declining numbers at an even rate, at the count of 1 we both accelerate. My stingray is light, my slicks are starting to spin, but MRVC's really digging in...gotta keep cool now, power shift here we go..." (beach boys-413) "...and comin off the line, when the light turns green, you know she blows them out of the water like you never seen. I get pushed out of shape, and it's hard to steer, when I get rubber in all 4 gears! She's my little duece coupe (MRVC), you don't know what I got..." (beach boys-little duece coupe) $tarDream$

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next