$NVIDIA(NVDA)$ NVDA has had at least 3 times since 2016 where there have been almost 50% sell-offs. Each time it came back to new highs. This one in particular seems almost the most contrived. Still, it is tough to stay steady in the face of that kind of pressure. That is also why I have always stuck by the rule of selling a third at every triple. You don't maximize the gain, but you also don't sweat the downturns.

Didn't think a 24 billion share stock could even go down $15 in a session, losing $360 billion in market cap in a day. But then with the expected huge beat and unbelievable guidance, there will be no reason it can't go up a trillion in a day, is there? Down on rumor and innuendo while up on solid numbers and fundamentals. Math still counts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet