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OT - INFN NVDA
OT - INFN really seems to have found some momentum. Not sure
whether to attribute that to the Netflix connection, Centurylink
perhaps opening purse strings, or what. Hope it's something of
substance. NVDA breaking all-time high as it tops $250. Can't stop
that beast, at least so far. It'll be interesting to see what the
analysts do if it reaches their PT's, a number of them in the
$255-$260 range, and were not set all that long ago, around the
time of their CC. Speaking of which - at the time, they reported a
blow-out quarter, but the market was going down the drain, so there
was a very mild positive response, as it moved a couple of point
above the $220 close for the day. Cramer came on and said that the
CC should've moved the needle on NVDA by 30 points, and then went
on to blather about why that was true. Well, it's now 30 point
above the pre-CC close. Even fools are right some of the time. And
not only Motley ones.
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