8 Comments
May 31, 2023Liked by Portfolio Armor

Whats your catalyst here for a price movement beyond near term valuation headwinds.

Expand full comment
author

It’s up about ~50% in the last 5 days, I’m assuming largely based on NVDA’s post-earnings move. I feel like if there isn’t a big positive surprise in today’s earnings release, it’s likely to pull back a bit, but we’ll see.

Expand full comment

CEO is a bit of a promoter, possible he has some tricks to keep the rally going?

Expand full comment
author

Could be, sure.

Expand full comment

Did anyone get this trade? I did not.

Expand full comment
author
May 31, 2023·edited May 31, 2023Author

Me neither, unfortunately.

We’ll probably get another shot at betting against this one though. I’ll keep an eye out for it.

Expand full comment

Maybe it was fortunately? :-)

Expand full comment
author

We’ll see tomorrow, I guess. It’s trading around $33 after hours now though.

Expand full comment