If appeals ordered a retrial, do you think stock price may jump considerably.
a retrial does not mean they are out of the woods but it is a big plus though and a retrial would take probably years.
this stock will never move unless it break the 16.5
it has failed many times in the last 5 years to break that price
it seems to have bottomed now around 14.5
no wonder it has been going down. News leaked before.
They never preannounced too. so why did they do it this time.
Did other companies cut sales like this one or this is the only piece of junk that did it.
Kind of surprised at performance today with all the bad news release friday
Here is how I see it
If MRVL closed green today on huge volume it will indicate a short term bottom in place.
It does not mean that stock has good performance.
if they beat in May report it may break out. The key here is if their business stabilize and shows a bottom in sales. If they guide lover next quarter then the company is fried and you want to exit out completely from this junk.