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I don't believe all of the drop is down to this, but I do believe that its POSSIBLE more of the tech investors inside the company read it, and acted on it to lo
by ggm 2y ago
I don't believe all of the drop is down to this, but I do believe that its POSSIBLE more of the tech investors inside the company read it, and acted on it to lock in the actual value from the potential. They had to have held long enough to be able to, and it had to be tax efficient.
A senior I help with ICT issues who also has play money in the US markets pulled almost everything out of tech stocks including this company (he kept some tech ETF) about 2 weeks before this crunch. He believes he reads widely, he did it in a belief he'd read of impending risks in this area. I tend to think most small investors are lucky more than wise, but perhaps in this instance his luck was informed?
- aurareturn 2y ago100% luck. In a rational market, Nvidia should have gone up. But perhaps the market is smarter than we think and thought a full Nvidia ban in China was in order after this.