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: Sector Investor who wrote (13697)	5/26/1999 11:38:00 AM
From: Bruce L	Read Replies (1) of 42804

<Nice drop today.> Yeah it was. Unfortunately it may take some time to get back over 12 1/2 since that had been previously holding as support. It's really surprising how little volume it took. Along with the positive futures MRVC started today really nicely, getting almost immediately to 12 3/4. Then when the overall market turned negative, MRVC bulls(and MMs) almost instantly lost their nerve having so magnificently held it the past two days; I believe it took only 3 trades totaling 1300 shares to get from 12 1/2 to 12 1/4. Now, with other tech stocks back up for the day, MRVC is hovering between 12 1/16 - 1/8. And it doesn't look to move back up without substantive news. Bruce

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next