Nvda

[hans130]

What is up with this stock?It used to be one of the strongest and now its crap!

 

[Gordon Gekko]

lol..are you long?

 

[SethArb]

but sheesh ... if the nasdaq / sox / ndx continue to stay weak

who knows ...

maybe the puts holders will all cover someday next week

:eek:

 

[dotslashfuture]

I don't think it is a big mystery. What is it that is frustrating you ?

 

[hans130]

solid company good numbers, just a little bad forecast. this is way too cheap. it is oversold with all of the hype.

 

[Babak]

Hans, you sound like an investor. :eek:

 

[dgabriel]

Originally posted by hans130
solid company good numbers, just a little bad forecast. this is way too cheap. it is oversold with all of the hype.

Just a little bad forecast? 2 months ago the co. management predicted a 3% quarterly increase in revenue. Now they are warning that there will be a 30% drop. PC sales dropped 12% in the last beige book, if I am naming that report correctly.

So there has to have been a drastic order cancellations by resellers. Or the co.s accounting in prior quarters did not truly reflect the real business.

 

[Tradewinds]

NVDA is the pig they're putting lipstick on in that commercial.