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DanielHeadGordon
commented on a stock · Feb 14 07:14

Wait patiently for the bloom

$NVIDIA (NVDA.US)$$Micron Technology (MU.US)$$SanDisk (SNDK.US)$ There's no need to talk about bubbles here. Compared to these technology companies or hardware firms related to storage, virtual assets are the real bubble... To be honest, I don't think there will be much more downside. If there is any drop, for NVDA, you can see in the details that after a slight two-point drop today, some institutions started accumulating shares again. Moreover, the turnover rate has been very low, indicating that the future of this stock is already clear. In the long run, it will be an extremely promising stock with substantial gains. On the other hand, SNDK experiences a turnover rate of 25% as soon as there’s a slight four-point pullback, showing more intense and unstable sentiment... Anyway, NVDA already accounts for 78% of my most promising portfolio, with about half of that leveraged at five times gearing... As for MU, I also find it highly promising. I hold around 20% in MU common stock, which remains quite volatile...
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