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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (17911)1/4/2000 10:14:00 AM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
It just seems strange to me how "visually" stable the short interest is. I would have expected greater volatility if we had one kind of shorts covering while another kind was coming on board. The price went from $20 to $60 in less than two months. The month to month change doesn't reflect that.

Perhaps James is right in his previous post.

"If this understanding is correct, and the substantial # of shares short is significantly accounted for by such debenture holders, we would not necessarily expect the short position to decline until the final date for conversion was reached."

Message 12453852

At any rate, I'm done now, but still not satisfied.