Buying MRVL now you are paying $4 for the business which values the business at about 2 billion dollars.If the company make 50-60 cents per year that is about 300 million profit which equates to about15% return on your investment.
MRVL CEO is kind of stupid because he should have given 750 - 800 mil estimate last quarter release instead of the 800 - 850 mil and the price would not be affected.
Looking at the what AMD, Intel, Western Digital, Seagate said it appears the slowdown is macro and the problems are not MRVL specific een though I am concerned about blackberry 10 using QCOM processor.
I think the price went down because the stupid CFO Hosein is leaving and the market overreacted as usual. This might be good as i think he is a loser from Day 1. Just look at the companies he worked for and what happened to them. MRVL CEO seems to have an issue in hiring competed CFOs who are hard to find these days.
I would wait a couple of weeks before buting at 7.5 to see some stability for the price but most likey the stock will be hitting 10 in the next 6 months (by next April) if not before. Remember the stock went from $5 to $22 within a year after the 2008 bottom.
are highly stupid
they had a buy all the time and now hold
so what has changed in their balance sheet overnight
Most day traders lose money. You haveb etter chance playing Black Jack in vegas.
many actually end up with suicide just like gambling. it is addictive and very stressful and you will end up losing your underwear sooner or later.
history repeats itself.
not sure what is your point. Are you jesus new messenger and you want us to believe in your new message?
one day you say it is up and one day it is down.
you were wrong obviously just yesterday. you say you wanted to buy @13.50. well it was 13.20 monday. why did not you buy?
my 6 year old son balls can make a guess and probably be right most of the time.
you sound desperate.
your money is USELESS if you dont see the sun shining
you can write a will with your attorney to roll it and stick it somewhere.
graves can be awfully boring so counting money might help in staying busy.
Get some Prozac old man. if you think people on this board move stock price, then you need a mental institution for treatment.
I told you, the jewish mafia controls everything on wall street and in usa.
we even have to approve your unemployment checks and food stamps you have been living off.
he keeps puching mrvl and the stock keeps going down.
then the idiot comes up with $25 in christmas.
It must be Santa Claus.
that shows you the high leve of stupidity beause no one knows what the stock will do in any week.
you are right there are stupid american managers. it is more about greed to hire cheap & stupid indians.
anyway your days are out. your stupidity and unproductivity and very bad manners are exposed to the whole world.
everyone is going to eastern europe and phillipine now for cheap labor. at least they shower there and they can get some things done instead of spending 2 hours on the phone with a dell support technician in india and end up without a solution
look at what hapeened to Dell stupid after they moved their support to inida. they are going down big time. they deserve it.
I dont see stupid indians taking jobs. they are creating more jobs with the nightmares they create
you are so stupid to defend your own race. i understand you are mad at god he created you like rats.
that is the begining. wait till he throws you in hellfire. you will feel better afterwards.
you can shake your head left & right very well then