I have recommended MLNX a couple of times before, and I have predicted a rebound. MLNX is still a very interesting stock, but is currently way overpriced. The stock is currently trading at 35 times EPS, which makes it very risky at this point. On the...
I have already written about Mellanox and why I think it's very interesting, especially in these days where acquisitions of small technology companies is the trend.
I have written that it's a must buy below $15, well the stock touched $14.80 last week...
I did buy Mellanox 3 weeks ago at around $16. I sold the stock almost immediately at a very small loss, as I figured that I entered at the wrong moment (this was a wrong decision though as the stock rebounded to $17). Ever since, I started following the...