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: dvdw© who wrote (24900)	10/5/2000 11:34:47 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

<<That is what this market is about afterall, nothing moves unless the right money is in it ahead of a move. Includes Fidelity btw.>> you see, i disagree that Fidelity can buy an 11% stake in a company like MRVC (relatively low float) and NOT move the price while it's getting in. it was VERY obvious when they were buying the stock early this year. << Smart money is putting bets on them now and the current price is but an accomodation to them.>> ok, and that "accomodation" is due to selling... be it for market fears, recession fears, management fears...whatever, someone is selling. you can't accumulate 100k shares without someone eventually selling 100k shares. market makers almost NEVER short or long this stock overnite. so, if someone buys 100k shares today, someone has almost certainly sold 100k shares today. the only "accomodation" is by sellers. no conspiracy. just someone who wants to buy agains someone who wants to sell. both believe they have justifiable reasons for doing so.