At this point, the company has little room left on the downside. At present value, the stock's price to earnings to growth ratio is 0.85. Rarely can we find buys this cheap, especially in today's strong bull market. Ultimately, Marvell will move on from the options scandal, and the company continues to increase revenue.
The minimal short position in the stock and its cheap PEG indicates that a bottom is in sight for Marvell. I will place a limit order to buy 10 November 12.50s (ULJKV) for $3.70 or better and let the DITM calls work for me.Game of Life
Life is a battlefield, and sometimes, on this battlefield, against all odds, we emerge victorious. We are faced with death and somehow come out alive. Our psyches are so far down in the trench, and we somehow move on. With no weapons, we somehow win the battle. The scars may remain, but the wounds somehow fade, and we surface with our integrity strapped tightly to our chests. For Kellie Lim, the battlefield took three of her limbs and three of her fingertips on her remaining hand. After growing up with a blind mother, Kellie caught bacterial meningitis, whereby doctors gave her an 85% chance of dying. At this point, her legs, her right arm and three of her fingertips were amputated. She returned to normal school five months later. Lim, born right-handed, learned to write and work with her left hand, devoid of three fingertips. She will graduate from UCLA's medical school this Friday and plans to specialize in pediatric allergy and infectious disease. She does not use a prosthetic arm but does travel the battlefield on two prosthetic legs. She is able to do most medical procedures, including taking blood and giving injections with her one arm. You may think that some may question her medical prowess because of her physical disability, but professors and fellow students maintain that her poise and character make everyone around her forget about her physical circumstances. To them, she is a great doctor. Lim's accomplishments exemplify that the only weapon necessary to overcome adversity is heart. Let this be a lesson for the battlefield: never give up. While the scars of lost battles may never vanish, the war can still be won. For some professional athletes, athletic supremacy was never in question. Some were drafted out of high school and never looked back. But for many others, the battlefield is more challenging. Moreover, even for those whose past included an undefeated record, the misfortunes of battle are inevitable. The Players Club understands the many brutalities of life. By guaranteeing recurring cash flow through our strategic partner, we give athletes the ammo to fight adversity moving forward, providing them with a better prognosis for success. Always remember: Life is a journey; enjoy the ride!- Loading Comments...
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