Posted by shellson2 on 23rd of Mar 2023 at 11:32 am
NVDA continues to baffle and frustrate me...all of its metrics
are simply absurd, have been for a long time. PE 150, Market
Cap/Rev. + 25x. A.I forces can not be this strong...Matt, is
suppy zone just around here? (274-278?) Thank you
Posted by DigiNomad on 23rd of Mar 2023 at 11:37 am
Welcome to the world of cult stocks. It's a thing. Amazon defied
gravity with 100+ PE's for over a decade (as I remember it anyway).
So did TSLA. Eventually, they ALL get pulled down to
somewhat reasonable valuations, but it can take a decade or more
for that moment to arrive.
Posted by shellson2 on 23rd of Mar 2023 at 11:49 am
I have seen many cultish plays over the decades too...and did
so-so with them. Youre right too, sometimes metrics mean diddly.
Jensen is the new Elon for the moment.
NVDA continues to baffle and
Posted by shellson2 on 23rd of Mar 2023 at 11:32 am
NVDA continues to baffle and frustrate me...all of its metrics are simply absurd, have been for a long time. PE 150, Market Cap/Rev. + 25x. A.I forces can not be this strong...Matt, is suppy zone just around here? (274-278?) Thank you
Welcome to the world of
Posted by DigiNomad on 23rd of Mar 2023 at 11:37 am
Welcome to the world of cult stocks. It's a thing. Amazon defied gravity with 100+ PE's for over a decade (as I remember it anyway). So did TSLA. Eventually, they ALL get pulled down to somewhat reasonable valuations, but it can take a decade or more for that moment to arrive.
I have seen many cultish
Posted by shellson2 on 23rd of Mar 2023 at 11:49 am
I have seen many cultish plays over the decades too...and did so-so with them. Youre right too, sometimes metrics mean diddly. Jensen is the new Elon for the moment.
Another infinity long is CRM,
Posted by bosco on 23rd of Mar 2023 at 12:26 pm
Another infinity long is CRM, 900 PE??????? Trigger??
NVDA...Few wholesalers are buying an
Posted by nichi on 23rd of Mar 2023 at 12:07 pm
NVDA...Few wholesalers are buying an selling with each other to keep stock under control.LOL