In the prior post we made a case for short selling Nvidia based on fundamental analysis. We suggested scaling in short sales on up spikes. We have scaled in 5% of the full position from $20.62. Our tentative next entry points on Nvidia are $21.10 and $21.55. Readers are reminded that the next
 Intel Sandy Bridge Processor Some exuberance on NVIDIA (NVDA) is justified based on the news that Dell (DELL) will use a NVIDIA core in its phone. We do not argue that this development may be a game changer if NVIDIA can muster design wins with popular phone manufacturers. But
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
On December 7, 2009 we lightly scaled in a short with a 5% full position size at $15.18. Since then, the stock has moved up as high as $18.95 based on rumors that $INTC will buy them. Such rumors make absolutely no sense. $INTC is already fighting Department of Justice
$NVDA has spiked higher on $INTC (INTEL) news. The INTEL news will have no material positive impact on $NVDA’s numbers over the next 4 quarters. Consider lightly scaling in shorts right here at $15.18 and short more if the stock continues to spike higher. Investors are clearly misunderstanding the news.