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


To: Johnny_Blaze_420 who wrote (23593)9/7/2000 2:31:24 PM
From: GS_Wall Street  Respond to of 42804
 
Hope, not too many people have 100% of their money in MRVC, I myself have 30-35% of my portfolio in MRVC and that is too much.



To: Johnny_Blaze_420 who wrote (23593)9/7/2000 3:31:56 PM
From: Greg h2o  Read Replies (2) | Respond to of 42804
 
<< Someone wants these shares bad>>
no...somebody wants OUT of these shares bad...



To: Johnny_Blaze_420 who wrote (23593)9/7/2000 3:55:31 PM
From: John Curtis  Read Replies (1) | Respond to of 42804
 
Yup, MRVC is getting hammered. Hammered hard and in a VERY methodical fashion. I've seen this, as I call it, "hammer and pause" tactic many times, and with many equities. I've seen it particularly employed with equities involved in "on the come" stories well known by the market.

It's almost as if the tree is purposely being shaken to the point of breaking, because those that know; know the future of the equity under assault has many positive aspects. Aspects they want to participate in, but only at their price(s). Then again...having not followed MRVC long enough to truly ascertain if this is in fact happening (although the hammer and pause tactic is clear to see--and when you couple this to the fact the NAZ is up +70, thus negating the argument that this fall is all about NAZ malaise....well), shortie could be seeing a juicy and plump over-extended equity. And you know how dearly they love to play with such as those like that, eh? Heh!

Anyway, I will say I'm impressed with the speed of this descent. +15 points in almost 3 full trading days, and on no news, is an impressive inverted moon shot. Somewhere there's got to be a shortie doing a happy feet dance right now..... Meanwhile...still looking for a signal to join the longs party....

John~