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: Stu Bishop who wrote (8082)	4/5/1998 8:05:00 PM
From: peacelover	Read Replies (1) of 42804

Stu, Thanks very much for your advice. My apologies for not responding earlier as I was away from my computer to enjoy the nice weather outside. Usually, that is how I play the market. I pick up one stock that I think will move fast and load it with 50 to 60%. Before MRVC it was ASND in which I didn't do bad. My overall average was 29+ and got out at 36 7/8. I wanted to be 60% in cpq and thank God I didn't go that route, but instead I added to my previuos holdings of MRVC to average down and thus ending up with 60% in it. With all the good news, I was hoping it would move, but I am getting a bit queasy and I do not want to sell at a loss. I thought about selling covered calls, but I am afraid it will move away like it did last time when I took this route. Unfortunately it tumbled after it hit 39+ at which time I couldn't do anything as the covered calls had gone so high that I couldn't buy them back and unload my shares. This is what I am afraid of now. I think I will wait and see until earnings are released. Peace! peacelover

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next