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

To: Johnny_Blaze_420 who wrote (23765)9/12/2000 2:55:51 PM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
what amazes me is there's still a $13 premium in the january 50 calls (ok, caught me looking)!



To: Johnny_Blaze_420 who wrote (23765)9/12/2000 3:14:08 PM
From: Allan Harris  Read Replies (1) | Respond to of 42804
 
Re: Price drop is almost identical to the last months slide from 80 to 48

From the low of 21.75 on May 24, prices moved up in five waves to a high of 82 on July 19 in 38 (Fibonacci) trading days. From that high, prices have now moved down in a three wave corrective pattern almost an exact 50% (Fibonacci) of the previous up wave and guess what, today is the 38th trading day from that July high.

Magic?

A


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