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: VivB who wrote (11317)	11/30/1998 11:01:00 AM
From: Bruce L	Read Replies (2) of 42804

RE: Some institution(s) continue(s) to unload Two early blocks of 3200 and 2600 went at 6 1/2. To me, it seemed that MMs had known in advance of sales and adjusted their bids accordingly. Very quickly, they moved their bid-ask - on very light buying volume to 6 13/15- 7/8. Another block of 3200, a sale, went at the bid of 6 13/16. Nothing seems to faze the MMs: (to me) they seem to anticipate the stock going up. All this on a very weak market day: DOW -103, NAZ -30, RUT -3.5. It could change dramatically if the market continues to deteriorate, but right now MRVC is doing great.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next