$NVIDIA (NVDA.US)$ Money manager Beth Kindig she went on rec...
$NVIDIA(NVDA.US$ Money manager Beth Kindig she went on record saying that "you will see a 1 handle before you ever see an 8 handle again". if you don't know who she is I highly encourage you to follow her read about her she's been deadly accurate in her investment approach in her selections and she's not a follower of the crowd she is ahead by 6 to 12 months compared to other bobbleheads that you see on TV she moves money in anticipation of where things are going not after they moved.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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夜轻歌 : Thanks for your advice. I followed her twitter.
73696807 : so that means? sorry, still learning
10baggerbammOP 73696807: a handle indicates the first number of the price of the stock. so in this instance Beth is saying it will have a one handle which means it will be $1,000 plus per share before it ever sees an eight handle ever again 899.
SUNSHINE16 : I read that 4 times trying to make sense of it.
10baggerbammOP SUNSHINE16: let's keep it simple if a stock is $200 it has a two handle if it's $400 it has a four handle if it's $700 it has a seven handle if it's $900 it has a nine handle. so what Beth is saying you will see Nvidia trade with a one handle which means it will be $1,000 and higher before you ever see it trade again at $899 or lower. does that make sense?