Seeking Alpha
  • Ashraf Eassa
    $MRVL near book value - could be a nice time to start a position or add if you had planned to.
    10/18/12
    Reply (18)
    • Valuable Insights: You mean to write this following the pre-announce? $MRVL cheap, but cheapness is not a catalyst for stock to rise. Lots of cheap stocks.
      10/18/12
    • Ashraf Eassa: I wrote this before the pre-announcement, and as that took me completely by surprise (given that the guidance for Q4 was soft as is).
      10/18/12
    • Ashraf Eassa: Also, I understand that a number of folks will "rub it in", but contrary to what most people on WS seem to have, I don't have a crystal ball
      10/18/12
    • det9: Ashraf: I guess nobody has a crystal ball but your calls on INTC, MRVL, AMD were totally wrong. Hopefully, nobody bought too large
      10/19/12
    • det9: Everybody should do their due diligence before buying stocks...
      10/19/12
    • Ashraf Eassa: Yeah, in the short term, I was -- quite obviously -- wrong.
      10/19/12
    • Ashraf Eassa: I have made several good calls, too. Predicted last CTL NVDA would do well, and sure enough, they did and the stock did quite well.
      10/19/12
    • Ashraf Eassa: I also recommended purchasing shares of $FSII at about $3.50. It rose to $4 before being bought out at $6.20.
      10/19/12
    • Ashraf Eassa: Another one was LSCC - recommended buying that at about $3.5, and it rose to ~$4.40 about a month after that call.
      10/19/12
    • Ashraf Eassa: And then there was my $QCOM call at about $53 - rose to $65 within a few months.
      10/19/12
    • Ashraf Eassa: Sorry if it seems like I'm trying too hard to defend myself, but yes, I am dead wrong at times. But I do the best I can.
      10/19/12
    • det9: Ashraf: Nothing personal. I do like all your articles and I do follow you. There are some others who barely admit they are wrong. Kudos to u
      10/19/12
    • Ashraf Eassa: Thanks for reaching out, and I hope you continue to enjoy my articles. And yes, I will be the first to admit when I make a bad call!
      10/19/12
    • det9: I am still long AMD, INTC, MRVL. I am investing long term ( 2-3 yrs) and would add on dips. QCOM, APPL too
      10/19/12
    • Ashraf Eassa: Me too. I am fortunate enough to have a fairly long time horizon, but short term incorrect calls do sting, and I feel awful about them.
      10/19/12
    • det9: As long as other stocks in the portfolio are doing good I am fine. MRVL, AMD could be good take over companies in future..more MRVL than AMD
      10/19/12
    • Funkengruven: Ash, no apologies or defense necessary for sharing your homework...
      10/19/12
    • Ashraf Eassa: Thanks, Funkengruven. I appreciate the kind words.
      10/19/12
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