on great volume, BRCM touched $35.25 today, I think we will close around $35.05 today, but very encouraging to see people step back in and push PPS higher, I think close above $35 still bullish for next week.
You should not hold for earnings since it could go either directions but mostly down. I bought between $34.20 and $34.50 and I plan to hold most of the shares for $38 and higher. There are over 90% probability that BRCM passes $36 in next few days and 80% to pass $37 in next 2 weeks. Good luck.
I hope you saw a trader's trick in the last few minutes before market close. About 3 minutes before the close, a trader dumped 400k shares at the market. It triggered some stop losses and pushed the price from $35.35 to $35.20. However, the same trader loaded most shares in the way down plus a big order of 800k around $35.20. This trader gained something around $40K in the last minute and accumulated twice of his orginal shares.