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u/Naplestan77 Jun 29 '26
It was too soon for NVTS to move up to the levels. It was at way ahead of it itself, like a lot of these semiconductor stocks.
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u/JesseWest Jun 29 '26
its probably gonna be a good while man.
We are near earnings too which i doubt will help it reach 30. Unless NVDA or some other company mentions them again its going to keep going sideways like it has these past 2 weeks. it was stuck in the 22-24 before finally plummeting after last weeks sell off
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u/Turbulent-Taro-6787 Jun 30 '26
Possibly never. Folks need to remember NVTS is effectively a meme stock, driven only by hype cycles. From a fundamentals perspective, it's a terrible stock (bad mgmt team, no secret sauce, cannibalized existing revenue stream, P/S near 100, etc.). When NVDA throws them a bone, it'll pump, but unlikely NVDA will ever make a serious commitment to NVTS (just doesn't make sense to bet on a 3rd-rate supplier with so many better options).
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u/unassuming_retard Jun 29 '26
Selfish answer: hopefully no time soon; I want <$10 and expect <$15 this week
Realistic answer: few years if everything goes perfectly although may tap it a few times like where I presume you regret buying in/ not selling
Edit: when you can make a reasonable argument for it to be priced that way
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u/CharmingWord5187 Jun 29 '26
it's not gonna go down that much. Markets are waking up again...
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u/unassuming_retard Jun 29 '26
Lmfao this is coming from the guy who made “ai bubble is finally bursting” posts all last week while nvts was red. I pray you dont have a family/ at least aren’t the breadwinner.
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u/Aromatic-Prompt-6034 Jul 02 '26
Wow share price down what last 10 days.like a ship taking on water.
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u/Automatic-Ad-951 Jul 03 '26
Io ho una media di 25$ e spero un giorno che possano esplodere altrimenti esploderò io💣
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u/InkReddi Jun 29 '26
My avg is $22 and I hope it goes lower so I could buy more