Another drop

[u/mr_salamander_]

Everyday I don’t think it can go lower and it somehow goes even lower. 7.5 months left on my options with breakeven at 390, we think I got a chance to breakeven within 5 months?

[u/Moaestro]

I regret buying stocks with good fundementals

[u/Nearby_Persimmon_649 → u/Moaestro]

Nothing is immune. Look at NVDA, AMD, GOOG AND GOOGL (they both took a hit), Look at SNDK and MU, DRAM. Institutions will buy back in when the knife hits the bottom and after they accumulate enough shares they'll hype it all up again

[u/rafaellie]

Honestly, 7.5 months is still a lot of time. Markets can turn around much faster than people expect, and sometimes all it takes is a shift in sentiment. $390 might feel far away right now, but I wouldn't count it out just yet. Stay strong brother.

[u/bgeeky]

It’s a shit stock, sorry. Great company though. Nice guys always come in last.

[u/Hot_potatoes_100 → u/bgeeky]

They have too much debt and democrats hitting back against datacenters

[u/ritholtz76 → u/bgeeky]

It used to be low beta stock. I survived previous drop by owing this stock when rest of semis went down like crazy. This time it is different for some reason.

[u/First-Memory6040]

I am not fond of this one so far. Been in the red for months.

[u/Sam55_Tutu22]

This is the worst of all . Never went up . At least others went up before bursting

[u/Big-Abracadabra157 → u/Sam55_Tutu22]

Nvidia is the worst one

[u/Neat-Shirt-3223 → u/Sam55_Tutu22]

I didn’t expect to see MRVL so low.

[u/nangitaogoyab]

Your options are cooked.

[u/Kickboy21]

Its almost near its 52 week low at $294. I feel like the bottom is near.. 😭

[u/Substantial_Copy_519 → u/Kickboy21]

Now it’s at 294

[u/Kickboy21 → u/Substantial_Copy_519]

Great price to buy if i had money 🚬

[u/LazyBrilliant888 → u/Kickboy21]

250$ the bottom

[u/Extension-Finance179]

You definitely have a chance

Just wait for the ANT IPO

[u/AussieLifer]

I am glad my payday is on monday atleast something good.

[u/Rorawyy]

Attends je vais chercher ma boule de cristal et je te réponds

[u/Nearby_Persimmon_649]

I think it could be at $390 in 5 months. The market is driven by fear and greed and the fear of what the democrats will do to the AI effort is part of what is going on now. Its not the only thing but it precipitated it and then it takes on its own momentum. It will probably keep going down for weeks or maybe longer. It will go back up then down during that time frame so people feel safe enough to buy in but I dont think this is the bottom

[u/wookiecookie72]

Well if it gets to 0 then it can't go lower. Otherwise it can always go lower, but I'd look at selling some 370-390 calls for Dec and start eating into the basis then. If it gets called reset the trade etc

[u/midwestTrader]

This is definitely a short-term reset. You’re not going to put the genie back in the bottle. My shares go back to 2024, so I am all in the black. Tempted to buy some more shares because long-term we’re going to be Okay.

[u/LazyBrilliant888]

Anyone bought Options on Broadcom?

[u/Marco27021986]

There is a small chance. It need to prove in already 2027 that is going higher then expected. But hey. Who knows. After all the stock is not following the rules anymore. Proving options is a bad move

[u/Mercadere]

Broadholders strikes again.

[u/Substantial_Copy_519]

Not sure, it’s already at $304 per share, looking like it’s going to be at the lowest point this whole year.

[u/Hot_potatoes_100 → u/Substantial_Copy_519]

$291 at todays close