SPACE ROCKET
2024-08-29

Contrary to popular belief, I'd say ER would be MEH 🙄 Quoting the idom 'Nothing to write home about'.

Though sale of shares by the CEO and board of directors were pre-planned, it gives me the jitters now that possibly, just possibly, these peeps felt that that's the max stock price that NVDA can go (at least for this year). Kinda like taking profits before the plunge (blackwell delay could easily be the scapegoat) and maybe using these profits for 'buy back' schemes in the next quarter to drive stock prices up in the next quarter. 

It's all a cyclical game isn't it? 

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