Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: Sector Investor who wrote (17954)	1/5/2000 3:48:00 PM
From: nasdaqian	Respond to of 42804

Thanks for the input. I don't happen to agree with you, though in this case. This stop was set pretty much at the low of the most recent consolidation pattern and I was willing to live with that on this stock since it does swing a lot. I did this in the morning before it was clear the market was having a bad day. Next major support looked to be in the thirties. I didn't want to lose another $2000 in the unlikely event that much of a drop occurred. It seemed like it must have just hit 48.88 for just a second which makes me wonder if 47.88 would have been hit too if I had set it there instead. It's no big deal. I bought the ticket and lost a few bucks. I was just wondering if a measly 200 shares motivates the MMs or was it just coincidence it quickly hit my stop and went back up.