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


To: Sector Investor who wrote (26162)10/25/2000 6:46:40 PM
From: signist  Respond to of 42804
 
Margin trading can and is hazardous to one's health.
Remember yesterday am? Nice buying going on. Would you believe I traded all but 500 shares(55% on margin)
out of MRV! I traded way too much but made 7,000 but...
all of a sudden the stock's action picked up and I had visions of a twenty point move leaving me behind after four years! I frantically bought back in my core position and more(ON MARGIN) and the stock immediately tanked. Today I had to make a visit to the bank to cover a margin call!!!

Moral ...Better have a strong stomach or something strong to drink to handle the stress.

Good Luck... I forgot...What the Hell is that?

Please...no questions why I trade on margin. I have hundreds of thousands of reasons... made and lost. :--(