Nvidia stock is crazy. Down 7% after hours. Result were extremely strong. But, of course, the expectations that they have to contend with are completely insane. So, they beat the street, but they didn’t beat as much as a company like Nvidia is expected to. Who do they think they are? They beat the expectations but the real expectations were to beat the expectations by more than the expectations. Now it’s going down faster than a Thai hooker on an american tourist.

    50b$ in share buybacks? What kind of stingy bullshit is that? It should have been 250b$. Cheap bastards.

    And the growth is decelerating at an alarming rate, down perhaps 30% quarter over quarter. It should have accelerated.

    Worst of all, the most complicated chip ever to exist won’t be ready when they said. Lying shits!

    Puts on Nvidia!

    Nvidia only doubled revenues. NOT GOOD ENOUGH!!!
    byu/stonkbuffet inwallstreetbets



    Posted by stonkbuffet

    37 Comments

    1. Top_Huckleberry_8225 on

      I mean that’s what happens when you’re valued in the *trillions.*

      Buy the dip if you believe in the company. It’s a knee jerk reaction.

    2. Dull_Broccoli1637 on

      Look pal, I just saw someone buy cigarettes with a Discover credit card. Puts on the whole economy.

    3. meth_sacfarlane on

      All these people who are here for the meme don’t realize how the market actually works.

    4. Sold half my stock before earnings just in case at 114. Will rebuy the dip now when it levels out a bit. Feels like a fair days trading 😅

    5. I mean the stock trippled it’s value since January, you can’t expect it to keep growing so rapidly

    6. These fuckers wanted to look for an excuse to start the dump. As I mentioned in other posts, $1.4 billion dollars in options were sold. Those that sold were not going to stand around and let everyone cash in on them. Or the ones bought weeks or months ago.
      But this stock is a long hold. We just have to get through this BS week.

    7. Eh, market is in a weird spot, although I did expect anything positive to make NVDA soar.

      September is always the worst month in the market. Once Big Daddy Pow Pow makes his move I’d expect an end of year rally and NVDA to hit at least $130 before EOY.

      Unless of course random doom. There is always random doom.

    8. ![img](emote|t5_2th52|4271) yall were really expecting it to go up again, especially when whole WSB got calls.

    9. The expectations were that the expectations would beat expectations. Meanwhile everything is priced in and we’re all a bunch of suckers.

    10. Nervous_Newt_8650 on

      Lmao what company in their right mind would ever do 250b in buybacks. I guess 50b is cheap now 🤣

    11. For me, a PE ratio of over 70 is a big red flag. NVDA is doing extremely well as a business but is it worth that much? But then AMD is consistently above 150 of PE so I don’t know what really makes sense.

    12. Yeah it’s a disappointment. How could NVDA not make 18,000,000% compared to last year? Come on!

    13. The expectation is expecting the expectation to be better than the expected expectation… Got it.

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