$NVIDIA (NVDA.US)$ "Today, NVDA exhibited a trend of opening...
"Today, NVDA exhibited a trend of opening high and then declining, even though its earnings report is expected to be favorable.
This is a classic behavior of major players suppressing the stock price.
The typical tactics of major players often involve suppressing such quality stocks.
After driving the stock price down, they bought back in at a lower price to earn more on the spread.
So, don't sell such a good stock just because of today's decline.
Today's drop in NVDA's stock price won't affect the overall trend of this stock at all.
In fact, the decline in the stock price is the best time to buy, as the stock is now cheaper.
With a lower stock price, once the price rises again later, the profit will be even higher.
So, today's drop in NVDA's stock price is the best opportunity for us to buy or add to our positions."
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Haymaker78 : $NVIDIA (NVDA.US)$ did the exact same thing the day before it reported last quarter’s earnings. Traded down into the earnings- then went up 25% +75 points. Check the graph. 5/23/23
Collection Haymaker78 : You sir are correct last earnings I bought 10 calls of 400 36 a pop woke up to them being 3k a pop but with this recent earnings idk if I will do that again because earnings can be amazing it can be clear skies masterful but if the guidance is bad then it tanks they have to be super and I mean super careful on there word play tomorrow
Haymaker78 : Oh you are 100% correct. I am long calls and pray it’s just like last quarter. I did hedge and bought some out of the money puts - but will do better with a strong move upwards. Incredible you were long the calls last quarter- congrats on that. Do you have any other options that you feel strongly about?
wooper OP Haymaker78 : Nice notice thanks
JonnyBets : let's go up!!