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


To: signist who wrote (12280)2/23/1999 4:20:00 PM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
<Market manipulation at its best/worst???>

John:

Yes. As you know (since you go LII) at the time this 5000 share trade at 7 was posted, the bid - ask was 7 3/16 - 7 1/4.

The best we can say is that this was a delayed trade between large institutional traders. It does happen. On the other hand, it could be that MMs didn\t want the newspapers to show the reality of the trading situation; it might attract - they fear - momentum traders tomorrow a.m.

Bruce