10baggerbamm
:
is it a bubble is the AI sector a bubble I will tell you the answer is no the reason is and I can go back to I had a broker dealer back in 1999 you had companies going public 2 to 3 different companies every single week their IPOs were oversubscribed they gapped up 100% 150% money was flooding into these companies they were trading at 40 50 60 times two to three forward revenue projected no profits. arm holdings is making money their revenues are accelerating as in video grows so shall arm we are in the early stages not a late stages of evolution 1999 I remember cmgi Yahoo collapsing from 12735 at their peak down $5 in today the next morning down $5 down $5 down 10 and you're saying to yourself it has to rebound it has to go back up because everybody bought every dip that's the only correlation that's the same but we have real companies now earning real profits and that was not the case back in 1999. so if you want a short arm you may wind up getting your arm cut off your head cut off your legs cut off because all it takes is one contract announcement from Nvdia which is attending a conference in the coming weeks and if they mention a new chip stack that's going to be coming out everything's gapping higher so one thing I have learned over the years if you fight the tide and you fight the waves you're going to drown so you might as well go along for the ride
youreatowel : It’s gonna pop alright
Bill A : From your previous comment, you don’t touch (short or long) this stock $Advanced Micro Devices (AMD.US)$. Then what are you trying to achieve here?
104489786 : Guess Hatred for AI stock....
10baggerbamm : is it a bubble is the AI sector a bubble I will tell you the answer is no the reason is and I can go back to I had a broker dealer back in 1999 you had companies going public 2 to 3 different companies every single week their IPOs were oversubscribed they gapped up 100% 150% money was flooding into these companies they were trading at 40 50 60 times two to three forward revenue projected no profits. arm holdings is making money their revenues are accelerating as in video grows so shall arm we are in the early stages not a late stages of evolution 1999 I remember cmgi Yahoo collapsing from 12735 at their peak down $5 in today the next morning down $5 down $5 down 10 and you're saying to yourself it has to rebound it has to go back up because everybody bought every dip that's the only correlation that's the same but we have real companies now earning real profits and that was not the case back in 1999. so if you want a short arm you may wind up getting your arm cut off your head cut off your legs cut off because all it takes is one contract announcement from Nvdia which is attending a conference in the coming weeks and if they mention a new chip stack that's going to be coming out everything's gapping higher so one thing I have learned over the years if you fight the tide and you fight the waves you're going to drown so you might as well go along for the ride