It is well known that retail investors do not move the markets especially trillion dollar companies. Even if some retails investors pour their 401Ks or excess cash into NVDA this would not create any significant price appreciation.
So institutional buyers are the ones pouring million of dollars every day to this company with a P/E or more than 200
So my question is if they know something we all miss, (maybe something such as a new product that was not announced during the recent earnings but insiders know it) or the institutions are masked WSBs managing billions?
Every institution had the opportunity to buy NVDA at 250 when ChatGPT was talk of the town. Everyone could buy NVDA at 300 before earnings. Everyone could also buy NVDA at 390 after earnings.
So who is buying today at 430 and why?
[link] [comments] https://www.reddit.com/r/stocks/comments/149ofgw/which_institutions_buy_nvda_at_those_levels/
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