Just a day Traders Stock !!

10baggerbamm : when people talk about a price to earnings you are looking in reverse you are about as constrained as chairman Powell is when he's looking at the data which has a 12 to 18 month leg before the effects of a move in interest rates actually take effect. so many months of course we reported on all of the ups and downs as in video grows so shall arm lock step and its growth is parabolic it's not linear. and that's what you're missing is that the market is trying to understand how the accelerated ramp up is going to translate into earnings just this morning for example Bank of America raises Nvidia to $1,500 why because of Ruben that's why well guess what arm is going to be exponentially larger as a company in 12 months and 24 months and 36 months then they are today so looking at PE is really irrelevant because we're not talking about buying a cyclical Giant like general motors like Ford like Walmart where you are constrained by the growth in an economy where you are constrained by consumer credit discretionary income. the AI movement according to Dan Ives is the greatest movement in the history of mankind it is far more significant than the industrial revolution then the post world war II growth within the United States around the world greater than the development of the chip in the early seventies by Intel greater than the personal computer greater than Microsoft's contribution greater than the iPhone. that's why a PE is irrelevant

gentle Iguana_2736 OP 10baggerbamm : Hey completely agree with your POV. Except the 18-24-36 months out seems like impossible at this stage of growth in licensing revenue. More like 120months down the line. Just my 2 cents.

10baggerbamm : so back in 9899 and I was there I had a small broker dealer and I sat behind her trading desk companies were trading at four five years forward revenue projections not earnings cuz no companies had earnings at all back then so they just assigned this growth rate making assumptions that were pie in the sky out of thin air I don't recall anybody ever going out 10 years I do remember 5 years definitely many many companies. what's happening now is companies are making billions and tens of billions in profits and it's accelerating and that's the difference is what is expensive as many people said about Nvidia last month oh it's expensive it's already done 120% return year to date number one they don't own a single share so they have to take a negative stance to appease the investors who have been trusted them with their money who are watching everybody else make money in Nvidia while they made a decision that it's expensive so they're wrong number one with regard to arm I'm at a loss right now I didn't average down I took a small position in the company a while ago yes I should have averaged down but I don't believe it's needed because of where the industry is growing where the market's going to anyways I got to go market