FranklinMorley
08-21

$NVIDIA Corp(NVDA)$ After the gigantic run-up I would not place my bets on yet another huge run-up after Q2 earnings. This train has left the station - quite some time ago. Even if it goes up 10%, even 50% - what on earth do people still expect? They will never realize that they dream of the returns they COULD have made had they gotten in in, say 2015. There is no way from these levels the stock will appreciate by multiples even close to that. But the downside risk is absolutely gigantic. Upside - even if it were another 300% - that is not extraordinary for a downside risk of such monstrous proportions. When the bottom falls out - and that point is near,absolutely insane, I have no other words. Sorry to say.

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