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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
5986 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
16992 posts
Posted on 2/22/24 at 5:32 pm to
All the money going into the one "chip" basket seems dangerous.
Posted by DaBeerz
Member since Sep 2004
16955 posts
Posted on 2/22/24 at 6:05 pm to
quote:

All the money going into the one "chip" basket seems dangerous


Clearly you don’t know the company.
Posted by Helo
Orlando
Member since Nov 2004
4592 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?
Posted by slackster
Houston
Member since Mar 2009
85007 posts
Posted on 2/22/24 at 8:09 pm to
quote:

What happens if that catalyst slows or is overhyped?


NVDA price isn’t going to 3x in the next 2 years or anything. It will slow down due to the sheer size and tougher comps over time.
Posted by Hayekian serf
GA
Member since Dec 2020
2569 posts
Posted on 2/22/24 at 8:41 pm to
I wish I would have started believing in them sooner.

I was a skeptic and I paid for it.

They are in a very advantageous position with an incredibly sound balance sheet.


This post was edited on 2/22/24 at 9:11 pm
Posted by Double Oh
Louisiana
Member since Sep 2008
17852 posts
Posted on 2/22/24 at 10:14 pm to
What an incredible last 2 months of this stock . Just incredible
Posted by Triple Bogey
19th Green
Member since May 2017
5986 posts
Posted on 2/23/24 at 9:50 am to
quote:

What is driving this?


A lot of the bears seem to think that there are a ton of companies that are double ordering with no intentions of filling their orders, but they just need to be on the list in order to get some of the GPUs.

I think like all things, competition over time will get more difficult and margins will compress and it won't be a winner takes all situation the way it currently stands.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21259 posts
Posted on 3/4/24 at 1:17 pm to
Just doing a health check on you Gary, to make sure you are OK.
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