It appears this morning that there is a rumor that MRVC will complete the audit on time. This is why the stock is up
what a bunch of BS, it's called CSCO. Rising tide even lifting this stock. I'm not complaining, even if it sounds like it. Just don't like posts that pure fiction.
This is not fiction it is a real rumor. I know some vendors who work with MRV and they told me that rumor.and yes, being a rumor it could be BS. but apparently the stock is up and pushing like a baby who wants out.
Funds love these situations, and this is wholesale prices. Fund money getting back in TODAY. we have fund money bids on MRVC today.Funds are pouring money into the sector. look FNSR : up 12%BKHM : up 6%CSCO : up 5%MRVC : up 7%A strong sector and good earnings + the high probability that MRVC will finish the audit on time have brought back the funds.
NOOOO, not yet I havn't got any more funds to buy at these super low prices!!!