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Strategies & Market Trends : Trader J's Inner Circle
NVDA 200.87-3.0%12:52 PM EST
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To: Fast Eddie who wrote (56438)8/28/2024 10:57:54 AM
From: Trader J2 Recommendations

Recommended By
E_K_S
Fast Eddie

  Read Replies (1) of 56532
 
You may be right. I looked at it but can't do it. The CEO has a shady history related to accounting irregularities and it seems to be coming back to roost here. I dumped the position a while back and thankfully it was a small one, but still took a sizable loss as a % of cost, but there was always that risk.

Good luck ... keep us up to date with what you do. I think there's a trade there somewhere. I'd be more interested in some sort of short dated out of the money calls, maybe capturing one more quarter of earnings. Though their margins are concerning.
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