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: Sector Investor who wrote (11811)	1/28/1999 9:18:00 AM
From: Robert G. Harrell	Read Replies (3) of 42804

<<SLIGHTLY OT>> The more MRVC runs up, the more tempting it is to place a stop loss under it but my experience too often on NASDAQ stocks is that the MM's apparently move the price down and take out the stops from time to time. Do others here have the same observation? Have any of you developed a rubric for how far below the price you have to go before a stop is safe? Bruce L., does level II distinguish between stops and other kinds of orders? Yesterdays action in Visio (VSIO) is an example of what appears to me to be this kind of manipulation. I once had my VSIO stock taken out at least 2 points below the normal trading range. The intraday chart for that day showed a virtually straight down drop to the stop price on my shares and then a straight shot back up. It is very frustrating. I wish the SEC cared as much about protecting us from this kind of apparent manipulation as they do about protecting the brokerage houses from losses due to internut stock volatility. Looks like a good day coming up. Bob

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