Dr Rck
10-16
$NVIDIA Corp(NVDA)$  Pump and dump, why because the stock is extremely extremely over priced; not denying the fact that its products are well in demand but in terms of its applications the horizon is still not ripe yet, hope it does not fall like ASML. Market is at a boiling point waiting to tip over? 
Nvidia Rebound: Still a Long Term Bet?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
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Comments

  • Dr Rck
    10-16
    Dr Rck
    Just like TSLA a lot of costs are put into upcoming products which may erode its profit margins even more! Sales are dwindling even though more are buying TSLA but rate of uptick is slower hence expect to see lower profit margins on its next report
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