Jun. 5 at 7:13 PM
$MRVL closed out for even. don’t want to take any chances here. Might even consider going long next week if this picks up momentum, although I would urge everyone to buy with caution. Look at the P/e which is still super high and compare MRVL to I dustry standards and it’s still overbought. It should strictly be a momentum play at these prices. If you’re holding for 4-5 years different story but remember in the short term, a lot (not all) of these AI stocks are overbought.
