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In reply to the discussion: longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]onenote
(46,289 posts)62. In early Nov., NVIDIA was at $207. Late March it was $165. Mid May, $236. Now its $205
The professionals didn't say that folks should get out when it dropped in March and they're not saying people should get out now that its back up t $205.
https://public.com/stocks/nvda/forecast-price-target?wpsrc=Organic+Search&wpsn=www.google.com
"NVIDIA (NVDA) has been analyzed by 38 analysts, with a consensus rating of Strong Buy. 58% of analysts recommend a Strong Buy, 39% recommend Buy, 3% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell."
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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]
paulkienitz
Jun 4
OP
Something I think a lot of folks are missing are structural changes in the market.
Happy Hoosier
Friday
#43
Those backstops trying to hold up the market are going to have their work cut out for them.
paulkienitz
Saturday
#53
9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero
Polybius
Friday
#36
Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable.
paulkienitz
Friday
#37
In early Nov., NVIDIA was at $207. Late March it was $165. Mid May, $236. Now its $205
onenote
10 hrs ago
#62
Lol imagine taking investment advive from a panicked, anonymous internet poster.
BannonsLiver
Friday
#41
I am hardly alone in pointing out how remarkably huge and smelly an elephant is currently in the room.
paulkienitz
Friday
#47
I have no intention of trying to call tops and bottoms. I just want to avoid big crashes.
paulkienitz
Friday
#46
When we see a big obvious catastrophe coming, it falls on all of us to join in the warning.
paulkienitz
Monday
#61