{"id":11434,"date":"2024-01-22T09:51:19","date_gmt":"2024-01-22T14:51:19","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=11434"},"modified":"2024-01-22T09:51:19","modified_gmt":"2024-01-22T14:51:19","slug":"a-reader-sold-his-nvidia-his-nose-was-bleeding-ive-been-there-done-that-it-wasnt-pleasant","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=11434","title":{"rendered":"A reader sold his NVIDIA. His nose was bleeding. I’ve been there. Done that. It wasn’t pleasant."},"content":{"rendered":"\r\n

Another reader wrote “Harry I would short Nvidia here. Sell sell while you can. Later it will be so cheap.”<\/em><\/p>\r\n

Both may be geniuses.\u00a0<\/p>\r\n

All I know is that timing the market is a loser’s game.\u00a0<\/p>\r\n

I’ll sell when I’m convinced that the stock has taken a abject turn for the worse — when things have changed dramatically. For example Tesla, But most of the time my “stock analysis” concludes with “When in doubt — and I’m in doubt more often that out of doubt — stay out.” (For example, Verizon, Boeing, etc.)<\/p>\r\n

But for now, Nvidia?\u00a0<\/p>\r\n

This morning I received notice of Nvidia’s March AI Conference and Expo. If you weren’t impressed with Nvidia’s future … first there’s the keynote<\/p>\r\n

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Now, here’s the program:<\/p>\r\n

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Maybe Nvidia will tank because it went parabolic. But I’m not taking that chance. I’ve been there, done that. I even wrote a blog about it. Then a day later I was forced to buy back all my Nvidia stock (and more) — at higher prices. Dumb me.<\/p>\r\n

This morning my researcher Richard Grigonis emailed me “Facebook\/Meta stockpiled MASSIVE amounts of NVIDIA GPUs. The goal is AGI…”\u00a0<\/em>he included this video:<\/p>\r\n