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Marvell Technology Group Ltd. Message Board

  • kpwoodward kpwoodward May 5, 2014 4:04 PM Flag

    it's a cannon waiting to go off

     

    buy buy buy.

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    • "buy buy buy."

      Hold on and wait a minute! I have to agree with "inbounds".

      Sure, MRVL has made it this far, but there has been NO substantial accumulation [or selling] by institutional buyers since April 1st...the stock has just going sideways since.

      When there was above average volume in a day sale, the stock rebounded to close very near the daily high; i.e., April 25th and May 1st...the April 28th sale day closed near to the daily low, BUT did hold AND bounce off the 50 day M/A...where it still remains to this day.

      FOURTEEN more days until earnings are disclosed. I'm standing pat until then, OR until I see a lot more volume come into the stock. That might take all of the 14 days to accomplish.

      If MRVL is worthy of adding more to my position, I'll wait until May 22nd, when earnings are made public.

    • Based on what? Could hardly wait for the answer.

 
MRVL
13.34-0.28(-2.06%)Jul 31 4:00 PMEDT

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