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Nvidia (NVDA): FQ1 EPS of $0.13 beats by $0.03. Revenue of $954.7M (+3.2% Y/Y) beats by $14.2M....

Nvidia (NVDA): FQ1 EPS of $0.13 beats by $0.03. Revenue of $954.7M (+3.2% Y/Y) beats by $14.2M. Expects FQ2 revenue of $975M (+/- 2%), below consensus of $1.01B. Shares +2% AH. CC at 5PM ET (webcast). (PR)
Comments (6)
  • Ashraf Eassa
    , contributor
    Comments (8762) | Send Message
     
    Where are the, erm, "bears"?

     

    Wasn't this going to $8?
    9 May 2013, 10:10 PM Reply Like
  • wretchedturkey
    , contributor
    Comments (449) | Send Message
     
    You bet it will! When the stock splits in 50 years!
    9 May 2013, 10:20 PM Reply Like
  • Investor Llew
    , contributor
    Comments (300) | Send Message
     
    haha... Ash, I agree with your sentiment.

     

    Fortunately for the $8 target guys, I won't embarrass them by posting their names and their comments.

     

    BUT, I do hope that they would at least own up to it and say they were wrong. That will help them as they will understand that they need to change something in their valuation models.

     

    I am currently on a 40%+ projected ROI so far.

     

    Keep up the good work Ash!
    9 May 2013, 10:25 PM Reply Like
  • 71324
    , contributor
    Comments (322) | Send Message
     
    Aren't we counting our chickens before they've hatched. A mediocre report and post earnings conference call. NVDA will be back at $12 in a hurry, especially if the market tanks.
    10 May 2013, 12:40 AM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (8762) | Send Message
     
    71324,

     

    Are you short?
    10 May 2013, 10:39 PM Reply Like
  • Investor Llew
    , contributor
    Comments (300) | Send Message
     
    I'm writing OTM Naked Puts just in case that particular sentiment holds, which wouldn't surprise me since I've seen the market do weird things with NVDA.

     

    It's so easy to make money when the Market has been so inefficient for so long! :)
    11 May 2013, 02:05 AM Reply Like
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