Loading ...fred hickey
@htsfhickey
NVDA CEO’s storytelling only works as long as investors are willing to suspend logic. When bearish mentality returns, hype turns into harsh reality &NVDA’s stock plunges, -80%-90% in last 2 major bear mkts. & -62% during last year’s 2022 bear phase. Another spanking in 2023 ahead better at hyping a theme than Mr. Leather Jacket. Bluster enables investors (wildlings) to overlook 52% Y/Y plunge in EPS(-33% non-GAAP as NVDA makes heavy use of stock-based comp), disappointing data center revenues (-6% seq. & -6% vs. estimates)