MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: BOGEY MAN who wrote (10394)	8/28/1998 8:42:00 PM
From: ram yariv	Read Replies (1) of 42804

some of the shorts cover in type 2(margin account), by doing that you are locking your profits and neutralizing your position.(5% requirement as far as capital) once the stock bounces back the short will be restablished through the type 2 account, you don't need an uptick and you don't have to borrow the stock again. Its seems to me that this was part of the strategy that the shorts used,by doing that you avoid the uptick rule, basically that rule is worthless, thats true for any stock either on nyse or nasdaq. So be careful how you buy this if you decide to catch a bounce. imho from here on we need slow accumillation of new shareholders that will be buying in cash accounts. The only way to really squeez the shorts is to move the stock to a cash account, if you buy on margin you are hurting your holdings from the start, maybe this is fantasy, but this is the simple way that the shorts can be pressured..the other is better revenues,margins and earnings...

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