Replies to post #4191 on Marvell Technology Inc (MRVL)

[SyndicateTwo]

You're right. We're getting the worst of it on both ends. That's what 'unknowns' do to you.

But also, the big problem is that $15.91 Oct low is the target that everyone sees as the low target. Every technician out there sees this huge come back retest to that level. There's no reason to step up until you see it there.

What we need is something from the company that tells the traders that they need to not be out and need to be in for the coming announcement. We need a fear of being left behind event.

This is why the company is a failure in PR. They did say in the 8k that there would be little to no word from them until they were ready. So, we've been warned. But it's also an obligation of the board to make sure the company is represented publicly in the best way to benefit shareholders. That's where we are getting screwed.

I'm pissed because I can't short calls down here on this decline because if I do, it could jam up $4 in two days and I'm trapped with a short call basis down here.

I've made a fortune in this stock shorting calls all last year. But now I need a new rally to the highs of the channel like I know is coming to do it again.