Most disappointments in stock market investments come from a price you set in your mind for a stock. There's no such thing. This is a market and it's summer, let go of the panic. What's happening to NVDA and the rest of the tech sector is absolutely NORMAL. I haven't seen a different kind of June/July for the tech sector in years. You buy in June and you sell in November, that's just how it goes. And you read the part of the fine print where it says "Investing is risky, do not use money you can't afford to lose."
Some of us longs have seen these rats jump ship before. During Jan-Feb 2016, the stock dropped nearly 25%. The biggest problem back then, was excessive valuation. Soon (Aug) we'll be casting off the gangway and dropping the lines: sailing off to greater highs. Let the rats try getting back on board!
My take on bitcoin mining: Yes it takes a lot of processing power and NVDIA's architecture will fit right into it. The problem is eventhough it's been traded now, sooner or later somebody is going to shut down the Bitcoin business for good. There is no way in hell the western civilization will allow for an unregulated currency. Meanwhile, NVDIA will make some chips for it, take the cash and add it to the pile. Unfortunately, I don't see a future down that path.
Mizuho raised its price target on the chipmaker to 170 from 145, keeping a buy rating.
If you bought over $140, I understand why you would panic but most longs here seem to have bought under $100. Why don't we use the board for sharing information and portfolio ideas instead of unrealistic price predictions and panic attacks, just sayin'
Great earnings and revenue ahead, more partnerships equals more money in our pockets for the longs especially.
Looks like the sellers have been filtered out. With the upgraded price target, we could finally have a really good day. Fingers crossed.
No doubt $185 after earnings watch and see I told you fools yesterday end of quarter window dressing they sold to book profits and they drove the price down to get in much lower to book huge profits next quarter all a big game folks
Toyota,Mercedes, Audi, VW, Volvo, Tesla,PACCAR, Bosch,ZF,just a few of the big name players and mass manufatureres of cars and trucks using NVDA's autonomous car driving systems. I am way too deep with this but I think i have to find a way to buy some more.This is just too good of a chance to miss.
I would like to remind everyone that there is nothing changed with NVDA stock from the day it hit 168 till today, on the contrary the news of VW and Volvo using NVDA driverless car systems is only great news.So buy at will with the dip.
It's bad enough to watch nvda go down the toilet, but I now have 3 beers that broke in he freezer!
whooz yor daddy
Upgraded this morning: ...Jun. 28, 2017 7:16 AM ET|By: Brandy Betz, SA News Editor Mizuho Securities raises Nvidia’s (NASDAQ:NVDA) price target from $145 to $170 while maintaining a Buy rating.
Analyst Vijay Rakesh cites early traction with DGX-1 and “some of the leading edge AI players adopt into 2H17.”
Rakesh thinks 2H could see some upside with gaming surpassing conservative estimates, near-term cryptocurrency mining trends, new auto wins, and stabilization of GPU pricing.
Long Lost Kalpesh
Fed ex halted...are they buying NVDA?
Buy now and gain profit while it recovers during the day just like yesterday.
Buy, Buy more ! This stock is in the right place at the time - excellent Mgt. - excellent needed products, this is a buy,not a sell !!
I sold my entire portfolio and put it in Sears.
$151 scheduled for 12:50 PM
60 minutes did an incredible segment on AI last night. It appears we have only begun with this technology and have a tremendous growth ahead 👍🏻🚀💰
whooz yor daddy
CNBC isn't going to let off on this Trump/AMZN story! They keep rehashing it over and over!
Tomorrow MU earnings and we find out more about chip demand. If market momentum stays pointed north and their earnings blow up expectations, it could be very good for me.