by eichenes Sun peaked at a $200bn market cap in 2000 & then crashed and was sold for $7bn to Oracle. Their Price to Revenue ratio at the peak was only 10! They had actual decent products too: From Java …
Nvidia files mixed shelf offering of up to $10 bln https://www.reuters.com/technology/nvidia-files-mixed-shelf-offering-up-10-bln-2023-02-28/ https://investor.nvidia.com/financial-info/sec-filings/default.aspx h/t Rim_World
by Charles Hugh-Smith There would be some deliciously karmic justice in the “dumb money” driving a rally that forced the “smart money” to cover their shorts and chase the rally that shouldn’t even be happening. Being cursed with contrarianism, as …
by HollowEarth1776 Blackrock is dumping next week, their momentum ETF is tech and financial heavy, others will follow. I bought SQQQ calls. If there are any tech bagholders left I’d dump before them.