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


To: Sector Investor who wrote (11768)1/26/1999 2:30:00 PM
From: WebDrone  Respond to of 42804
 
Sector- my pet TECHNICAL theory-

When a stock outruns it's upper strike price, the stock price really runs. This is due to options traders/arbitragers not wanting their deep in the money calls to sell at a discount. With no options to roll up into, they go to stock. Total theory, but I've seen it a few times!

Also, when MRVC broke below lowest puts, everyone lost downside insurance and just bailed.

We have an odd situation, with the old series that go to $30s and the new series that only go to $10... but the times are limited, and we could see a lot of upside if $10 is broken.

WebDrone
(WooHoo!)