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: Bruce L who wrote (12306)	2/26/1999 1:49:00 PM
From: Bruce L	Read Replies (1) of 42804

FRIDAY TRADING At the risk of having my optimism totally discounted from overexposure - but also to keep the thread alive in this down market - I'll post my observations on MRVC trading through 1:15 (EST): In the first 20 minutes of trading -before the market tanked - almost 11,000 shares trades at 7 or above. Another 1600 shares at 6 31/32. The stock thereafter quickly dropped down to 6 11/15 - 6 3/4. Some 28,000 traded at 6 3/4 versus 8,600 shares at 6 11/16. Of the 12 transactions at 6 3/4 7 0f 12 were 2000 or more shares. Conslusion: For the moment there appears to be substantial demand at 6 3/4 and the stock is likely to move quickly over 7 when the market stabilizes. Bruce

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next