The price will go up.

2021-08-13

Amazons PE was over a thousand back when it traded fer a free hundred dollars per share. That pe was for years, before the stock exploded to the moon. For a growth stock, you shouldn’t expect a low pe. Nvda ain’t no Amazon fer shore, but it certainly is a “growth stock”. Not wise to place bets against a super successful growth stock. The price will go up.

margined up 100% pre-split. Recently sold all my margin gains. PE 93 going into earnings is unprecedented for NVDA. Still huge believer in this company but glad not to be margined up to the gills anymore. Double or nothing always leads to nothing. We have a lot to be confident about long term, but don’t be overly aggressive short term. That’s my $.02. $NVIDIA Corp(NVDA)$

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