Crazy drop today. Loaded up on NVDA

or inventory is low because supply dwindled due to corona

 

@maxinger Says you shouldn't buy because the stock ran from 15 to 350. Suppose she thinks SPX should go to 100 because it started in the double digits. What a retard.

 

I'm assuming you mean there is a low supply due to the manufacturing halt. If you believe there is a shortage of GPU's in May from factories being shut down for a few weeks in Feb then you're entitled to that opinion.

 

noted. I thought you were swing trader.

 

I do that too but there may not be enough swing worthy movement in the stock haha.

 

My charts show a close of $352

Where are you in?

 

$354.95 acb.

 

I could be wrong, maybe everyone locked down went out and got themselves a gaming rig. Maybe cloud gaming by google and others drove up demand.

https://www.thestreet.com/video/nvidia-earnings-what-to-expect

 

I predict sub $330 this week. Maybe even down to $305.

 

Ouch up to a 15% drop

I did sell at open today since it looked weak, bought back in at $358.95 with a lighter position.