Discussion in 'Trading' started by hans130, Aug 2, 2002.
What is up with this stock?It used to be one of the strongest and now its crap!
lol..are you long?
but sheesh ... if the nasdaq / sox / ndx continue to stay weak
who knows ...
maybe the puts holders will all cover someday next week
I don't think it is a big mystery. What is it that is frustrating you ?
solid company good numbers, just a little bad forecast. this is way too cheap. it is oversold with all of the hype.
Hans, you sound like an investor. :eek:
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.
NVDA is the pig they're putting lipstick on in that commercial.
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