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

To: SJS who wrote (7795)3/19/1998 12:48:00 PM
From: steve berman  Read Replies (1) | Respond to of 42804
 
Can someone please explain to me why MRVC always seems to start the day off on an up-note (in the $3/4 to $1 range) and then fall off to down $3/4 to $1?



To: SJS who wrote (7795)3/19/1998 4:53:00 PM
From: Seth Leyton  Read Replies (4) | Respond to of 42804
 
You're right, there's a price to cover but no one would think twice about buying something at 5/16 and selling it at 1 3/4 so why is it so painful to pay 5/16 to cover something you already sold at 1 3/4. Go figure. I have a mentor that made the first markets in options when they opened years ago. He's beat a discipline into me that makes you not think twice about things like that.


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