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Junius Falcon : At this point, looks like market needs a correction ... I see CRWD fell already, should keep falling.
Remember, stick to good fundamentals and value, you chill. Participate hyped stocks, the risk is yours.
10baggerbamm OP Junius Falcon : I would say Nvidia is about as hyped as you can get..
Warren Buffed : y dip, i just dont understand. we retailers r fooled
Junius Falcon 10baggerbamm OP : You see the numbers P/E 700 vs 44. Numbers don't lie, regardless your emotions. CRWD has almost no growth in EPS and revenue.
10baggerbamm OP Junius Falcon : it's not a matter of the numbers it's a matter what institutions want to buy.
when a stock is owned at the maximum level of ownership in mutual funds where is the upside coming from?
last year in June we heard oh well there has to be a rebalancing taking place and that's the reason why Nvidia is being sold down because it exceeded by prospectus the percentage within the portfolio
so that's my point if everybody owns it and they're maxed out now where is the institutional increase in ownership going to come from?
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