KENCHEN0825
:
people who knows market cycles and can see that AI is a bust around Q2 2024 are selling it. most of your retail investors are going balls deep buying every dip of the tech bubble.
103480872
convivial Penguin_29
:
only works for low valuation. High PE needs high potential growth, but recently the growth is slowing down and OPENAI's apparently burning a lot of money. NVIDIA's customers don't get as much return as expected. This looks similar to what happened in SEA and PYPL during post-COVID
convivial Penguin_29 : when everybody is selling and fearful, doesn't that mean buy?
KENCHEN0825 : people who knows market cycles and can see that AI is a bust around Q2 2024 are selling it. most of your retail investors are going balls deep buying every dip of the tech bubble.
103480872 convivial Penguin_29 : only works for low valuation.
High PE needs high potential growth, but recently the growth is slowing down and OPENAI's apparently burning a lot of money. NVIDIA's customers don't get as much return as expected. This looks similar to what happened in SEA and PYPL during post-COVID