Don’t be fooled into selling your NVDIA shares cheap
$NVIDIA (NVDA.US)$ The penalty for anti-trust violation is at the most a $100 million fine if found guilty. This is an amount which will not cause a dent in NVDIA balance sheet. The drastic share price drop because of this FUD is thus definitely not justified. Market manipulators and short sellers are frightening weak holders to sell. Moreover, cases like this are never straight forward and I am not surprised that eventually nothing will come out of it. These thing takes time, at least two years to settle. I am accumulating.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
105251507 : all tech stock drop bro..antitrust is shittty ass..they cant compete and try to attack another way
John Shan8 OP : When US market opens again, don’t be surprised to see a panic short covering once people realise that there is no justification for the heavy selldown.