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NVDA hasn't even deployed the Blackwell Ultra & they are already hyping the Rubin Chip.

Posted on 6/3/24 at 2:35 pm
Posted by Venus Flytrap
Member since Jun 2024
29 posts
Posted on 6/3/24 at 2:35 pm
Up big today on news of a superchip that is to be deployed after the Blackwell Ultra which isn't even coming out until 2025.

The hype around NVDA is getting a little out of control.
Yes their recent earning are impressive because Companies are pouring money into AI hoping that it will be a Cost Saving Game Changer.
If companies discover that AI isn't the Game Changing Cost Saver that they are hoping it is, NVDA could be one of the biggest Nothing Burger busts in history.

There is far more speculation regarding NVDA than there was with AAPL & the I-Phone & Microsoft with Business Software.
They were no brainers compared to NVDA.
NVDA is far more of a speculative investment than most people think.
It will of course take a year or two before Companies can assess their ROI on their AI Investments.

This post was edited on 6/3/24 at 3:07 pm
Posted by kaaj24
Dallas
Member since Jan 2010
808 posts
Posted on 6/3/24 at 2:45 pm to
Are you short Nvidia?

Posted by Venus Flytrap
Member since Jun 2024
29 posts
Posted on 6/3/24 at 2:49 pm to
quote:

Are you short Nvidia?


I shorted this morning, sold and took small profit.
Was hoping we would get a hard sell off in NVDA like the last few days, but didn't happen.
Not currently short, but if it is up big again tomorrow I might do it again.
This post was edited on 6/3/24 at 3:19 pm
Posted by kaaj24
Dallas
Member since Jan 2010
808 posts
Posted on 6/3/24 at 4:17 pm to
When a stock is moving opportunities for traders.

Based on your posts I made the correct assumption you are shorting the stock. Nothing wrong with shorts.
Posted by Venus Flytrap
Member since Jun 2024
29 posts
Posted on 6/3/24 at 4:21 pm to
quote:


When a stock is moving opportunities for traders.

Based on your posts I made the correct assumption you are shorting the stock. Nothing wrong with shorts.


I am not currently short NVDA.
I shorted this morning, made a small gain, and got stopped out.
When I created the OP I was not short NVDA, just stating my opinion.

This post was edited on 6/3/24 at 4:25 pm
Posted by slackster
Houston
Member since Mar 2009
90104 posts
Posted on 6/3/24 at 9:26 pm to
I’ll never ever understand money talk alters.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23399 posts
Posted on 6/3/24 at 11:32 pm to
Do you know Gumbo Gary

Posted by Venus Flytrap
Member since Jun 2024
29 posts
Posted on 6/4/24 at 6:17 am to
quote:


I’ll never ever understand money talk alters.


I'll never understand the weirdos that accuse every new member of being an alter.
This post was edited on 6/4/24 at 6:19 am
Posted by beaverfever
Arkansas
Member since Jan 2008
34533 posts
Posted on 6/4/24 at 6:48 am to
quote:

The hype around NVDA is getting a little out of control.
NVDA’s income statements are out of control.
Posted by slackster
Houston
Member since Mar 2009
90104 posts
Posted on 6/4/24 at 6:55 am to
quote:

I'll never understand the weirdos that accuse every new member of being an alter.


No one is starting threads talking about shorting stocks on the money talk in their first 20 posts. We have multiple alters like you in the last few years.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23399 posts
Posted on 6/4/24 at 7:29 am to
quote:


I'll never understand the weirdos that accuse every new member of being an alter.


You are either an alter or a troll, just like Gumbo Gary and Ghandi before you.
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