NVIDA very questionable company

 Hi readers 

All of a sudden AI is going to revolutionize everything we do and going to take over everything we do !

 What a load of shit. AI has been around since 2006 and in 10 years was being revolutionized to think for itself. What that means or an example of it is when you call call centers and they talk to you and you press buttons and move on , that's all AI.

Now Chat GPT was able to read the internet and respond to questions which are asked from past history.

Once you make it think for itself is responds with unable to respond in other words total load to shit but we are being promised that AI is going to be the next big thing.

So lets research this and flush out if its true or not. So NVIDA is promising a 40% increase in the next quarter in sales due to AI.

So lets look at the partners who they buying supplies from, there all reported lower sales due to low demand, and have reported further drops in sales of semiconductor chips.

So how is it possible that NVIDA is going to increase its revenue by 2 billion next quarter when they haven't increased purchases from there suppliers. Maybe they have stock in hand and that give them the increase in sales. In there last quarter there stock levels have reduced considerably.

So how are they going to increase there revenue for the next quarter? Cost cutting has already taken place but in there press releases they said revenue which means sales.

Total bullshit you need stock to increase sales and no supplier  of  NVIDA has increased supply they are in fact reducing more than they have from the previous quarter.

Its never going to happen its all a lie, its being presented to the market to allow time for the professionals to liquidate positions.

When you look at the astrology NVIDA has 13degree pluto saturn square in the 8th house.

The CEO has a history hyping u the stock only to sell into hype. Yes his been fined also for doing it yet all is being ignored by the foolishness of the stampede. At the end of the day retail will end up loosing out.

As always use the above as an indicator to your own work.

The above is based of Financial astrology

Ask your financial advisor on the above

Disclosure 

I have position in NVIDA

Open $375 put June 30th

sold $375 calls June 30th

Short NVIDIA shares $430-425