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


To: signist who wrote (12135)2/16/1999 11:06:00 AM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
<If things were going to be terrible today wouldn't we be seeing a lot more volume?>

The answer is clearly "Yes." Volume is still light and there are virtually no large block trades, i.e., > 2000 shares. The typical trade is 500 - 1000. So it means that the traders in the "know" - assuming there are such who are legally able to trade - do not anticipate a negative earnings/CC report. On the other hand, we have NOT yet seen any large block trades suggesting people with inside information expect a very good report.

I know this is heresy to some of you, but what would you think if I suggested that no one trading today has any real knowledge of what is coming down later this afternoon?