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re: Is it time to short NVDA ?

Posted on 2/22/24 at 5:03 pm to
Posted by Triple Bogey
19th Green
Member since May 2017
5995 posts
Posted on 2/22/24 at 5:03 pm to
quote:

The only thing more hyped than the recession that was coming in 2022, and then 2023 is the demise of NVDA. NVDA is so fundamentally different than anything in the dotcom bubble that it is comparing apples and bowling balls.



Agreed. Their revenues and profits are up over 3x in one year. Absolutely insane run. How long it continues is anyones guess, but this has been wild to witness. No way I would short this thing or anything in the chip space for that matter. I'm also happy to be an AMD holder. Congrats longs.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17064 posts
Posted on 2/22/24 at 5:32 pm to
All the money going into the one "chip" basket seems dangerous.
Posted by Helo
Orlando
Member since Nov 2004
4593 posts
Posted on 2/22/24 at 7:35 pm to
quote:

Their revenues and profits are up over 3x in one year. Absolutely insane run


What is driving this?

What happens if that catalyst slows or is overhyped?
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