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>In other words, NVIDIA is in the red not because the company is suddenly doing worse, but because traders think other traders think it will trade down. Well p
by Cumpiler69 2y ago
>In other words, NVIDIA is in the red not because the company is suddenly doing worse, but because traders think other traders think it will trade down.
Well put. People need to unterstand that some stocks are basically one giant casino poker table. There was a comment with a link here that a lot of Nvidia buyers don't even know what products Nvidia is making and they don't care, they just want to buy low and sell high. Insert old famous comment abut shoe shine boy giving investment advice to Wall Street stock traders.