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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

02/09/18 at 12:26 PM CST

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - NVDA

OT - NVDA - What a crazy market - overshoots and undershoots. NVDA had an absolutely blow-out quarter, raised guidance, 14 analysts raised their PT, and it's up by a whopping 1.5%. ATVI beat by a penny and was up 3.5%. I think one pundit seized on one number - that their auto-driving revenues were down - (well, yes, they're still developing that platform that 20 customers have signed on to.) I can understand that they have come so far so fast, that it's the momentum stocks that get hit in particular. If I were to ponder a buy in this market, I might put more in NVDA, given that they've blow out estimates for 9 straight quarters now. 

INFN is doing better today, percentage-wise, than NVDA. No idea of what that is about. And NOK, which rose more than it deserved after their CC (lt capsaid they still have a lot to do and prove), keeps giving it back daily, in .08 - .10 cent chunks.

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