NVIDIA stock is taking a pounding. It may be a time to backup the truck now

adlep

Diamond Member
Mar 25, 2001
5,287
6
81
Right now the NVDA is going down with the market. That may be a good opportunity to invest into NVIDIA's shares soon given the overall condition of the company and their product lineup (8800GT). I suspect that they will have an awesome earnings quarter in February.

Disclaimer: I own 140 shares that I bought for $33.54 a piece...
 

BernardP

Golden Member
Jan 10, 2006
1,315
0
76
I have no doubt you are following your own advice and buying NVidia shares yourself to lower your average cost :evil:

There is still a downside to NVidia. What would happen to the share price if they were to Buy AMD?
 

manimal

Lifer
Mar 30, 2007
13,559
8
0
With the current economic indicators and the value of the dollar internationally most analysts feel we haven't hit bottom yet, seeing as amd doesn't have anything competive just yet but with coming price drops the possibility of more sales to the dells and the HPs of the world AMD could get a little market share back in quarter two. Service pack 1 for Vista should give PC sales a bump as well and with decent midrange parts available from AMD they should get a bit of a boost from the market surge. If AMD stock drops another 20-30 percent and the fed drops interest rates it would be a decent time to buy. NVidia stock if it drops to the mid 20s would be a steal!!!!


GL and keep your assets liquid till the market bottoms.
 

adlep

Diamond Member
Mar 25, 2001
5,287
6
81
Folks,
The stock is now still below $30.00 and rising. The mindless sheep has shed a lot of NVDA during the last few days so now it is time to pickup a good value for an excellent stock...