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


To: Greg h2o who wrote (23595)9/7/2000 3:33:56 PM
From: delmarbill  Read Replies (1) | Respond to of 42804
 
Greg, what are the traders telling you today?



To: Greg h2o who wrote (23595)9/7/2000 3:48:12 PM
From: Johnny_Blaze_420  Respond to of 42804
 
I see it as short selling and margin selling. The prospects of the company haven't changed. I personally think that the mm's came back from vacation, saw MRVC up 30% and began to short it for later accumulation. Also, margin selling has kicked in since we were at 80 3 days ago. This should be over by tomorrow or monday. I am accumulating a little in this area. I don't think we will hold 65 but 60 should be held. 1-month out this stock will be back at 80.

imo
jb420