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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: y2kate who wrote (86037)	4/20/2024 10:03:59 AM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (2) \| Respond to of 97457

Hi Kate, I admire people like you and like Aswath Damodaran who can stay with an investment long term. Damodaran's cost base for NVDA is $27. But he now holds less than a quarter of the shares that he used to have. I discuss my longer term investment strategy and technics in The Art of Investing thread. This was my latest post about NVDA, following up on an older discussion: Message 34641784 If you follow that through and search NVDA there, you will see my thinking. To answer your specific question, I'd give it 50/50 that NVDA will close the gap from this past February. Yesterday I covered half of my NVDA short positions at the close. A 34% gain over a 3 week period is good enough for me, especially since it was 20% of my holdings. Unlike TSLA, they actually have rising sales, which improves the chances of a sharp bounce. Nonetheless, I do not find the long term investment risk/rewards picture appealing. All the best, ST