Golden Pig’s take: Jensen Huang has reportedly become a target of foreign intelligence. The $NVDA contract is down about 4.7%, but I’m still leaning bullish—though I’ll only buy pullbacks, not catch falling knives.
On November 8, Nvidia’s board issued a statement saying it had formed an independent committee of directors and engaged outside counsel to conduct an independent investigation. It also stated that there was “no reason to believe that national security or company secrets had been compromised,” and expressed confidence in Jensen Huang and the management team. Huang himself has also written to employees to apologize and said he would cooperate with the investigation.
The Binance $NVDA contract was around 187.9 before the news broke. It hit a low of 176.92 today and is now around 179.1, with 24-hour trading volume of about 387 million U.
My take: This is a personal controversy involving the CEO, not a problem with earnings or orders, and the board hasn’t said any secrets were leaked. The real price discovery will come when the U.S. market opens tonight.
My plan: If the low of 176.9 holds, I’ll try going long in small, staggered positions. If it breaks below that level, I’ll exit first. I’ll add more if the price climbs back above around 187.9 (the pre-news price).
When news like this breaks about the head of a major company and the stock drops sharply, how do you usually manage your position?
#英伟达 #NVDA #U.S.Stocks
Sources: Nvidia’s official board statement, CNBC, and Binance futures candlestick data. DYOR; this is not investment advice.
On November 8, Nvidia’s board issued a statement saying it had formed an independent committee of directors and engaged outside counsel to conduct an independent investigation. It also stated that there was “no reason to believe that national security or company secrets had been compromised,” and expressed confidence in Jensen Huang and the management team. Huang himself has also written to employees to apologize and said he would cooperate with the investigation.
The Binance $NVDA contract was around 187.9 before the news broke. It hit a low of 176.92 today and is now around 179.1, with 24-hour trading volume of about 387 million U.
My take: This is a personal controversy involving the CEO, not a problem with earnings or orders, and the board hasn’t said any secrets were leaked. The real price discovery will come when the U.S. market opens tonight.
My plan: If the low of 176.9 holds, I’ll try going long in small, staggered positions. If it breaks below that level, I’ll exit first. I’ll add more if the price climbs back above around 187.9 (the pre-news price).
When news like this breaks about the head of a major company and the stock drops sharply, how do you usually manage your position?
#英伟达 #NVDA #U.S.Stocks
Sources: Nvidia’s official board statement, CNBC, and Binance futures candlestick data. DYOR; this is not investment advice.
