.comment-link {margin-left:.6em;}
My Photo
Name:
Location: USA

The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Tuesday, November 21, 2006

Marvellous MRVL

MRVL closed @ 20.86

MRVL produces chips that can be found in things like the Xbox and Playstation and many types of hardware. MRVL has had its chains pulled pretty hard for options-backdating. The stock should go much higher once it takes out $23.

Good short, intermediate, long term play. It has gone up almost $2 on Monday. Let's see if there's a dip tomorrow to get in.

102 Comments:

Blogger beanie11111 said...

btw, Jim Cramer likes MRVL alot

Tue Nov 21, 02:51:00 AM EST  
Blogger beanie11111 said...

SMSI: Be sure you guys own some of this stock for the longer term. Patience required but i believe you will be greatly rewarded next year.

Tue Nov 21, 03:01:00 AM EST  
Blogger beanie11111 said...

ISON: It's gotta swim by Jan 2007 or it may die. Recently completed $16 million debenture. Losing lots of money but revenue growing very hot. Play small. Sell 1/2 at a double and ride the rest. Note that ISON can go bankrupt.

.84

Tue Nov 21, 10:21:00 AM EST  
Anonymous Anonymous said...

I hope you guys all got into DRMS yesterday when i mentiond it. Up 11% as of now...But How in the world should i play grow? I sold right after the cc at $36. I am sick now. Its at 50. I should have noticed that 19% of the float was short. Anywayz…what is ur advice? Jump in at 50? or wait to get in the low 40`s if that ever comes. I put alot of money in IAAC cause i think it should follow grows movement.

Tue Nov 21, 10:31:00 AM EST  
Blogger beanie11111 said...

MRVL is a good buy here at 20.59

Tue Nov 21, 10:44:00 AM EST  
Anonymous Anonymous said...

They received a delisting notice from Nasdaq, how will that affect this stock?

Tue Nov 21, 10:47:00 AM EST  
Blogger beanie11111 said...

LMRA: a good buy right here 8.15 if you don't already own it. Rumor of a potential large contract looming.

Tue Nov 21, 10:52:00 AM EST  
Blogger beanie11111 said...

LMRA: if the rumor turns out to be true (via a company release) then it would be time to load up the freakin boat!!!!!!!!!!! Make sure you have some money when and if it does happen.

Tue Nov 21, 10:55:00 AM EST  
Blogger beanie11111 said...

AAPL: trading new highs. Was there ever any doubt?

Tue Nov 21, 10:59:00 AM EST  
Blogger beanie11111 said...

anonymous,

Regarding MRVL, the company had to restate earnings. It could take awhile to do. I don't think it will affect the stock price much, especially when there are no criminal investigation.

Tue Nov 21, 11:01:00 AM EST  
Blogger beanie11111 said...

Got too much money and nowhere to put it? Go with NYX or AAPL

Tue Nov 21, 11:04:00 AM EST  
Anonymous Anonymous said...

beanie, I am still holding CYD - add or continue holding here?

Tue Nov 21, 11:12:00 AM EST  
Anonymous Anonymous said...

CYD:i think the second wave started some days ago.

Tue Nov 21, 11:22:00 AM EST  
Blogger beanie11111 said...

anonymous,

i believe CYD is bottoming. Gosh, where is the volume? lol

Tue Nov 21, 11:40:00 AM EST  
Blogger beanie11111 said...

Think about moving CYD into LMRA if rumor turns out to be true.

Tue Nov 21, 11:41:00 AM EST  
Blogger beanie11111 said...

NYX: This baby will be up huge by year end is my opinion, now that it has broken 100

Tue Nov 21, 11:50:00 AM EST  
Anonymous Anonymous said...

Hi Beanie,
Any opinion on BRCD techncals? I wanted to play one of these earnings today. Would appreciate your opinion.

Tue Nov 21, 12:18:00 PM EST  
Blogger beanie11111 said...

NYX: yeah! you can take that to the bank!

Tue Nov 21, 12:30:00 PM EST  
Blogger beanie11111 said...

anonymous,

BRCD can go either way after earnings. But if i'm a gamblin man, i'd go long, small position.

Tue Nov 21, 12:31:00 PM EST  
Anonymous Anonymous said...

BEanie,
Goodmorning, thanks for tip! Any new plays before the holidays - remember Thurs. no trading, then 1/2 day on Friday...the odds R funky
Pamfla
Did well with ZVUE!!! God bless you
Beanie!

Tue Nov 21, 01:19:00 PM EST  
Anonymous Anonymous said...

Last chance to buy LMRA.

Listen to the Bean!!

Tue Nov 21, 01:19:00 PM EST  
Anonymous Anonymous said...

is NMX a buy here?

Tue Nov 21, 01:59:00 PM EST  
Anonymous Anonymous said...

is nymex a buy here?

Tue Nov 21, 02:04:00 PM EST  
Anonymous Anonymous said...

what's the deal with LMRA? I'm considering to get in!

Tue Nov 21, 02:14:00 PM EST  
Blogger beanie11111 said...

anonymous,

regarding LMRA, everyone is waiting to get in as well. They just not sure if the rumor has any validity or if it was meant to pump and dump on the retail investors.

Tue Nov 21, 02:23:00 PM EST  
Anonymous Anonymous said...

Nymex is a buy afaik from whereever I read.

-M

Tue Nov 21, 02:31:00 PM EST  
Anonymous Anonymous said...

Beanie,
Hi thanks for all your help with ZVUE, I'm cooling it right now cause I made an excellent profit.
Your always in the green cause your Beanie...the BOMB so,
Have a great holiday and may the force be with you and me! :)
Pamfla

Tue Nov 21, 02:52:00 PM EST  
Anonymous Anonymous said...

What do you think about SFNT (safenet) been steadily moving up...Like the security software market place, but dont know where to enter

Tue Nov 21, 02:52:00 PM EST  
Anonymous Anonymous said...

Beanie,
Speaking of security...Thoughts on SAI? Quiet period over now.

Thanks,
Bob

Tue Nov 21, 03:00:00 PM EST  
Anonymous Anonymous said...

Beanie,

What are your thoughts on DVAX? I bought on your spec.. but the volume is dieing down. Is it worth holding? or should i dump and wait for the next run?

thanks

Tue Nov 21, 03:14:00 PM EST  
Blogger beanie11111 said...

anonymous,

SAI is oversold. Going higher.

Tue Nov 21, 03:19:00 PM EST  
Blogger beanie11111 said...

anonymous,

DVAX was called for an intermediate and longer term play. Should go alot higher january if the results impress.

Tue Nov 21, 03:20:00 PM EST  
Blogger beanie11111 said...

anonymous,

I don't really like SFNT. Not profitable and already 500million market cap.

Tue Nov 21, 03:21:00 PM EST  
Blogger beanie11111 said...

I am calling it a day.

bye :)

Tue Nov 21, 03:21:00 PM EST  
Anonymous Anonymous said...

Whats with EFUT. Its non stop to the moon. Is it the next GOOG?BIDU?

Tue Nov 21, 03:27:00 PM EST  
Anonymous Anonymous said...

beanie,
you said possibly 50 on EFUT (days ago)...guess what, it hit 49.90 today. :) like i said, too much risk for me, but...ughhh....
-mark

Tue Nov 21, 04:58:00 PM EST  
Blogger beanie11111 said...

EFUT: too rich for me at these levels. Likely gonna get hit tomorrow.

Tue Nov 21, 10:18:00 PM EST  
Blogger beanie11111 said...

LMRA: geez louise, i hate rumors! This rumor with Sprint, even if it were true, is not likely gonna be announced. If it gets announced, it might raise some eyebrows from the SEC.

Tue Nov 21, 10:24:00 PM EST  
Blogger beanie11111 said...

"easy money" plays:

NYX
AAPL
RIMM
GOOG

Why mess around with 2nd or 3rd tier plays?

Tue Nov 21, 11:45:00 PM EST  
Anonymous Anonymous said...

Beanie,

thanks for the feedback on DVAX and LMRA.

Any thoughts on BBI? they compete with NFLX but have been beat up.

However, one of the ceos made a large purchase recently (200K shares)

http://www.secform4.com/insider-trading.php?cik=1085734

Wed Nov 22, 08:57:00 AM EST  
Blogger beanie11111 said...

anonymous,

Let's wait for BBI to break above 5 or get back to the low 4's before buying. Blockbuster will still be around. Alot of people think it will eventually go bankrupt. I personally don't think so.

Wed Nov 22, 09:37:00 AM EST  
Blogger beanie11111 said...

DELL: called here before. Such a cheap stock

Wed Nov 22, 09:39:00 AM EST  
Anonymous Anonymous said...

NYX on fire!
-mark

Wed Nov 22, 09:48:00 AM EST  
Blogger beanie11111 said...

BRLC: congrats if you still own this stock!

Wed Nov 22, 10:04:00 AM EST  
Blogger beanie11111 said...

NDAQ at 40 is a cheap exchange compared to the others.

Wed Nov 22, 10:05:00 AM EST  
Anonymous Anonymous said...

Own BRLC :)

Thanks Beanie

-M

Wed Nov 22, 10:27:00 AM EST  
Blogger beanie11111 said...

MRVL: a good buy here in the low 20

Wed Nov 22, 10:40:00 AM EST  
Blogger beanie11111 said...

RVBD: i've recommended buying since 15. It's the next NTAP is my opinion. Sweet.

Wed Nov 22, 11:00:00 AM EST  
Anonymous Anonymous said...

NEW YORK, November 20 (newratings.com) - Analyst Mark Lipacis of Prudential Financial downgrades Marvell Technology Group Limited (MRVL.NAS) from "neutral weight" to "underweight," while reducing his estimates for the company. The target price is set to $15.

Wed Nov 22, 11:05:00 AM EST  
Anonymous Anonymous said...

YIKES!!

Should I sell MRVL??

Wed Nov 22, 11:26:00 AM EST  
Anonymous Anonymous said...

hi beanie

CYD !!!!:
Its lonely trip starts today.
(7.36 now).
When and if it passes 10.55,
then we wanna see new high .

Wed Nov 22, 11:32:00 AM EST  
Anonymous Anonymous said...

Hi Beanie,
Just woke up!!! BBI yea?
I'll check it out, Happy Thanksgiving Beanie...ROCK ON!
Pamfla

Wed Nov 22, 11:47:00 AM EST  
Anonymous Anonymous said...

I posted this 2 days ago....Please respond about grow...I hope you guys all got into DRMS yesterday when i mentiond it. Up 11% as of now...But How in the world should i play grow? I sold right after the cc at $36. I am sick now. Its at 50. I should have noticed that 19% of the float was short. Anywayz…what is ur advice? Jump in at 50? or wait to get in the low 40`s if that ever comes. I put alot of money in IAAC cause i think it should follow grows movement....hope u guys got into IAAC as well

Wed Nov 22, 11:47:00 AM EST  
Anonymous Anonymous said...

Beanie,
Is there any stock I can purchase and hold till Fri. that will take off?
Pamfla

Wed Nov 22, 11:58:00 AM EST  
Anonymous Anonymous said...

Anonymous,
Sold MRVL for breakeven and moved into NYX. These downgrades seem to be for no reason. Cramer was bullish on MRVL.

-M

Wed Nov 22, 12:00:00 PM EST  
Anonymous Anonymous said...

Hi Beanie,
What do you recomm. I buy and HOLD till Fri,? Any suggestion?
Pamfla

Wed Nov 22, 12:07:00 PM EST  
Blogger beanie11111 said...

NYX: will keep going higher, with or without you

Wed Nov 22, 12:17:00 PM EST  
Blogger beanie11111 said...

anonymous,

Regarding GROW, i would like to see a correction of some sort before buying.

Wed Nov 22, 12:20:00 PM EST  
Blogger beanie11111 said...

pamfla,

Friday is a 1/2 day. Not much i can give ya right now that i think would be profitable by then except NYX, AAPL

Wed Nov 22, 12:21:00 PM EST  
Blogger beanie11111 said...

MRVL: Don't get scared away by a downgrade. Alot of the times the people downgrading a good stock have an ulterior motive. They want YOU to sell it to them. The downgrades will put pressure on a stock, but eventually it'll rally back up and beyond.

Wed Nov 22, 12:24:00 PM EST  
Blogger beanie11111 said...

NYX: Would you believe me if i say it will see 140 before dec 31? Would you, punk? lol..

Wed Nov 22, 12:30:00 PM EST  
Blogger beanie11111 said...

I was just kiddin about 140 on NYX by dec 31 (even though i think it's a possibility). :)

Wed Nov 22, 12:30:00 PM EST  
Anonymous Anonymous said...

beanie,

at these levels would you say:

nyx + margin to the max = free money or, dangerous game?

-mark

Wed Nov 22, 12:37:00 PM EST  
Anonymous Anonymous said...

Beanie,
Bought MRVL 1,000 shares...I have to have courage LOL ...21.80
the high yet hit 34.00 way back when!!!! Pamfla

Wed Nov 22, 12:41:00 PM EST  
Anonymous Anonymous said...

Beanie,
MRVL --HOD 20.82
Pamfla

Wed Nov 22, 12:46:00 PM EST  
Blogger beanie11111 said...

mark,

i wish you had bought in the low 100. I would feel better about that.

I don't recommend maximizing on margin, but if i were gonna do that i would still put no more than what my principle is into NYX.

Example, if i have 50k in my account (giving me 200k in margin buying power), i would put NO MORE than 50k into the stock.

Wed Nov 22, 12:50:00 PM EST  
Blogger beanie11111 said...

mark,

i wish you had bought in the low 100. I would feel better about that.

I don't recommend maximizing on margin, but if i were gonna do that i would still put no more than what my principle is into NYX.

Example, if i have 50k in my account (giving me 200k in margin buying power), i would put NO MORE than 50k into the stock.

Wed Nov 22, 12:52:00 PM EST  
Anonymous Anonymous said...

i agree, but as i always say, hindsight is 20/20. Wish i bought efut at 12, nyx at 75, etc, etc.....sadly, i held some apple a long time ago (around 30 before the split)....sold it for like a 200 buck profit. should have held.....oh well.
so you think nyx on margin is dangerous?
thx,
-mark

Wed Nov 22, 12:56:00 PM EST  
Blogger beanie11111 said...

BIOS: at 3.38 may be a good turnaround play. Play small.

Wed Nov 22, 01:11:00 PM EST  
Blogger beanie11111 said...

ZVUE: you can makes lots and lots of money on this one if you're a good trader!

Wed Nov 22, 02:07:00 PM EST  
Anonymous Anonymous said...

Hi Beanie, What do you think of BEBE short? Any near term target?

Wed Nov 22, 02:21:00 PM EST  
Blogger beanie11111 said...

anonymous,

BEBE short looks good. Cover above 24

Wed Nov 22, 02:23:00 PM EST  
Anonymous Anonymous said...

Hey Beanie,
ZVUE looks a little overbought here -- would you wait for a little pullback before jumping in, or do you think there's more immediate upside?
thanks

Wed Nov 22, 02:24:00 PM EST  
Blogger beanie11111 said...

BIOS: if you own it, short term target is 4.50. Intermediate to longer term could see 10-20. I believe the short term target will be reached but $10-20 would really depend alot on whether they can improve their fundamentals significantly. I am playing this only for short term.

Wed Nov 22, 02:26:00 PM EST  
Blogger beanie11111 said...

neil,

wait for a pullback. The last few days, a pullback to the low 5 offered great daytrading opportunities.

Wed Nov 22, 02:27:00 PM EST  
Blogger beanie11111 said...

ok folks, i'm gonna call it a day.

Have a great Thanksgiving. Please give (appreciation and love towards family) and not take (cause pain and suffering to family) on this day. Only caveat is, stay away from abusive families.

:)

Wed Nov 22, 02:29:00 PM EST  
Anonymous Anonymous said...

Beanie,
You have posted great picks here -- I wish I had discovered your blog earlier.
All my best to you for a peaceful, content Thanksgiving.

Wed Nov 22, 02:32:00 PM EST  
Anonymous Anonymous said...

enjoy your thanksgiving beanie.
all the best,
-mark

Wed Nov 22, 02:37:00 PM EST  
Anonymous Anonymous said...

Everyone have a happy thanksgiving.

-M

Wed Nov 22, 02:47:00 PM EST  
Blogger beanie11111 said...

NYX: obviously very overbought short term. So you need to consider the possibility of some correction.


bye now. ummhhh, turkey!

Wed Nov 22, 03:01:00 PM EST  
Blogger beanie11111 said...

oh man, i gotta make this comment once again:

The reason i am so positive about ZVUE is several fold:

1) cheap stock
2) low float
3) owner is Carl Page, brother of Larry Page (co-founder of Google)
4) It's one of the very few plays on the Youtube phenomenon, besides NWS, DIVX and GOOG.
5) very few sites allow you to download videos to your portable video player!


I have no doubt ZVUE will surpass $10. No doubts at all.


Still, if you don't already have a position, i recommend buying on a dip.


I am absolutely going now... lol

bye

Wed Nov 22, 03:19:00 PM EST  
Anonymous Anonymous said...

Beanie,

Yo, come back...Beanie, MRLV was buy at 20.80. Friday, I did not intend to buy a high priced stock for 20.00 beans yet I hope it moves by Fri. and Mon. Ya think?
Pamfla

Wed Nov 22, 06:13:00 PM EST  
Blogger beanie11111 said...

BRLC: Stocklemon fool gettin spanked!

Wed Nov 22, 09:54:00 PM EST  
Blogger beanie11111 said...

pamfla,

don't worry too much about MRVL. I believe it's going alot higher. It bumped into triple top resistance yesterday. That's why it sold off. If we take out 21 on high volume, this baby is off to the races. See ya back at $40.

Wed Nov 22, 09:56:00 PM EST  
Anonymous Anonymous said...

Beanie,
Excellent Beanie....I'll attempt to HOLD this one since I let EFUT get away from me LOL
It almost hit 21.00 today...yea!!!
Pamfla

Wed Nov 22, 10:13:00 PM EST  
Anonymous Anonymous said...

Beanie,
A posting on Yahoo regarding MRVL,
something about a Lawsuit recently. Please check it out if you have a minute, see if there is any truth to this..also could it effect trading and price. Thanks
Pamfla

Wed Nov 22, 11:34:00 PM EST  
Blogger gosu said...

beanie, whats your short term price target on NDAQ.? Here is my picks:
- NYX
- NDAQ
- ISE
- SAY
- GS
- INFY
- IBN
- REDF
Exactly Maxed out on my Equity, still can invest more on my margin. Thinking of
adding ORCL,
buying more NYX
buy more GS.

Any thoughts?

Thu Nov 23, 11:35:00 AM EST  
Blogger gosu said...

beanie, whats your short term price target on NDAQ.? Here is my picks:
- NYX
- NDAQ
- ISE
- SAY
- GS
- INFY
- IBN
- REDF
Exactly Maxed out on my Equity, still can invest more on my margin. Thinking of
adding ORCL,
buying more NYX
buy more GS.

Any thoughts?

Thu Nov 23, 11:38:00 AM EST  
Blogger beanie11111 said...

gosu,

i believe NDAQ is headed to 100 longer term. Short term, it should retest previous high of 46

Thu Nov 23, 01:54:00 PM EST  
Anonymous Anonymous said...

Hi Beanie,
Happy Turkey Day...I'm so happy your back and helping us make $$$$$ Again...MRVL..Hold correct?
In July 2006 or 2005 this stock split around $50.00 back to 17.00 or so...
Does this stock have potential to run like EFUT...still kicking myself, LOL
Pamfla

Thu Nov 23, 02:20:00 PM EST  
Blogger beanie11111 said...

pamfla,

not likely in that short period of time frame. The reason for the EFUT run is purely due to the tiny float. But MRVL could yield a 50% return in about 2-3 months timeframe if the markets don't tank. Knowing you, pamfla, i don't think you'll last 3 months or even just a month holding a stock. lol

Plays like EFUT don't come too often. I, however, is getting the feeling that ZVUE could double from here by the end of the year. Just a feeling. I could be very wrong. Stocklemonhead could attack ZVUE, who knows?

Thu Nov 23, 02:34:00 PM EST  
Blogger beanie11111 said...

pamfla,

MRVL is safer than ZVUE. If you don't own ZVUE below $6, it's probably alot better to stay with MRVL and not jump in ZVUE at $7.50 .

Thu Nov 23, 02:38:00 PM EST  
Blogger gosu said...

NDAQ at $100.

I think you are exactly right.

NYX 17.02B
ICE 5.81B
ISE 2.12B
CME 19.28B
BOT 8.67B
NDAQ 4.57B

Considering that it has the lowest market cap of the all the major stock exhanges, coupled with the fact the online gambling sites are shut to US customers, I think all the exchanges have tremendous potential.

NDAQ is at least worth $12 B dollars.

Thu Nov 23, 03:27:00 PM EST  
Blogger gosu said...

Beanie, I am really having this gut feeling to add NYX to my position. Do you still anticipate a correction? Stock up 30% in 2 months.

Thu Nov 23, 06:13:00 PM EST  
Anonymous Anonymous said...

Quick $100!!!!!!!!!!!!!! What do u think about buying 1000shares of siri once it rises above the 200ma? Ride it for 10cents or so. but what is your outlook? do u think it will go higher>?

Thu Nov 23, 09:39:00 PM EST  
Blogger gosu said...

I am buying GLD today morning. See if I get some in pre-mkt. Dollar closing at lowest against yen.

Thu Nov 23, 10:36:00 PM EST  
Anonymous Anonymous said...

beannie,

I have some ZVUE in the mid 5's.

thinking of adding some more. you said the 7's are risky. but then u mentioned it could double to 14.

if this dips to the 6's maybe i buy?

thanks!

Thu Nov 23, 11:18:00 PM EST  
Anonymous Anonymous said...

Beanie,
Thanks for your encouragement with MRVL & your right, there's no way I'll hold this stock 2 - 3 months...I'll be happy with 40.00 cause last time it split at 34.00
Hopefully, this will be a repeat performance...Thank you for your feedback,
Pamfla

Fri Nov 24, 12:42:00 AM EST  
Blogger beanie11111 said...

anonymous,

SIRI is here to stay, like XMSR. Both are going higher in the intermediate to longer term.

Yes, above the 200dayMA is a good place to buy.

Fri Nov 24, 02:40:00 AM EST  
Blogger beanie11111 said...

anonymous,

regarding ZVUE, yes it's a good buy in the 6's (if it gets there). I am getting the feeling that it probably won't go below 6 for awhile.

If 7 holds tomorrow, it's a good buy there as well.

Fri Nov 24, 02:42:00 AM EST  
Blogger beanie11111 said...

ZVUE is a truly amazing play of the Youtube phenomenon! You can't even download Youtube videos to your portable video player like ipod of Zvue or Zune. What a shame! But guess what? At www.zvue.com you will be able to download videos to your portable device!!!!!!!!! And that's hot!!!!

ZVUE has $20 written all over it!!!!! If you liked my EFUT pick at $11-$12, you will definately like ZVUE. I have more confidence in ZVUE's future potential than i had with EFUT!!!! And that says alot!!!

Don't mean to be screamin' like a hungry hyena, but i believe the ZVUE potential is immense.


Buy all those freakin dips!!!!!!!!!


jmeo (just my excited opinion).

lol

Fri Nov 24, 03:23:00 AM EST  
Anonymous Anonymous said...

Hi Beanie,
Very excitied about ZVUE, BBI, BRLC every stock U mentioned. Hey
Beanie, this board NEEDS you cause your the BOMB and the best Stock GURU I know. With that being said,
MRVL tomorrow ...eager to buy more ZVUE, portfolio worth like $ 22, 000 in buying power...
Pam Fla until after Mon.. when I become fricking rich LOL
Pamfla

Sun Nov 26, 02:04:00 PM EST  

Post a Comment

<< Home