SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce L who wrote (13435)5/14/1999 7:46:00 PM
From: signist  Read Replies (1) of 42804
 
Hi Bruce,

A weird thing happened to me today. In the early am the folks on CNBC
were saying the market was going to hell in a hand basket.
Having much experience when this happens a particular stock that I have, always went to hell with them. Someone may have heard of it...the symbol is MRVC! So I thought...well
nothing has changed so I better sell all my shares of MRVC that I had under 13 right away. Well I got lucky(I thought ) and by some miracle at the open they were sold right away. Man, I thought, I won't get caught holding these babies
in this terrible day in the market and I'll buy them back when they hit the 11's. Boy was I feeling smart. down it went.
Then an odd thing began to happen, my other stocks were still going down but MRVC was going back up! This isn't suppose to happen..is it?
My heart was saying YES...but my eyes were telling me no, my system
must be wrong. Or those damn MM's were just trying to suck me in, AGAIN. WHO would want to buy this dog especially on a day like today?

I just don't know how to act when things like this begin to happen.
The big boys were accumulating this stock all day long and I thought they must be out of their minds.

Could this dog be turning into a greyhound?
How will I explain this to my Psychiatrist?

Somebody must know something I don't know. Can anyone help?

Confused, again.
John :-(

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext