NVDA's drop ... why ? such a great company !
it is a great company with high price tag .. how much is reasonable for NVDA ?
i am willing to give it a PE 24 , rather than 38.80 ( current )
NVDA $76~$84 is a much reasonable price .
i used to manufacture Video Cards back in 1997 when no one knew about Nvidia .. only .. Tseng Lab .. Trident . .which all died .
By the way .. all these are Taiwanese companies .. all died .. , AMD was another good one , Intel was in the market to kill all those companies.
please do not tell me how good Nvidia is ... ! but I did buy some NVIDIA , AMD shares today due to the drop .. ( 12-29-2016 , and sold it next day)
Stock is not about good or bad .. , it is about when you buy it , it goes up , then you are good .
and you sell / short , it goes down , then you did a good job .
please do not tell me how good Nvidia is ... ! but I did buy some NVIDIA , AMD shares today due to the drop .. ( 12-29-2016 )
when Nvidia will fumble , and they will .. and you just have to watch out ..
the above chart just tell you why I asked " any one dares to short NVIDA ? " last week when it approaching all time high .
anyone heard of Cirrus Logic ? which made video chip as well ..