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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: Return to Sender who wrote (1186)10/22/2012 12:16:43 PM
From: The Ox  Read Replies (5) of 8239
 
Watching MRVL to see if it plays out like XRTX. After it tanked, it slipped for another 4 days then started to reverse. On the 6th day, it fell but failed to make another new low. Would have been the day to take a chance with a stop placed at either new lows or slightly below the low of that same day depending on your risk tolerance. That would have been a great plan. Now up roughly 10% since that day.

EDIT - Note that MRVL's miss appears substantially larger than XRTX's. Both one year charts are nearly mirror images of each other....


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