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160s

Am trying to digest the news that Nvidia put out yesterday. With the massive drop in revenue in their gaming section, the PE ratio looks quite high at the moment. Wall Street may also be digesting this piece of news and scrambling to revise their estimates and numbers.

Wouldn’t be surprised if it falls to 160s, or even 150s range (not financial advice)

$NVIDIA(NVDA.US)$
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  • bwjx : if inflation numbers didn't come down substantially things can get uglier. Just saw bullish divergence forming on oil and other commodities. Lol

  • Cow Moo-neyOP bwjx: Expectation is 8.8%. Market makers can move it in either direction they want if it’s between 8.8% to 9.1% (the last reported data).

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