Well, that's what I ended up doing. I became sure I wanted to sell some at the time about 234-35, but I went ahead and put a $3 drop on it and it promptly went up about $3 and came back down to about the same spot for the sell. lol Still doesn't negate the theory though, a good thought for the circumstance. Now I'm underweight in NVDA. I wouldn't be a buyer here at this level, but;
Barclays Adjusts Price Target on NVIDIA to $275 From $250, Keeps Overweight Rating
According to Goldman Sachs, the prior rating for NVIDIA Corp (NASDAQ:NVDA) was changed from Neutral to Buy. For the fourth quarter, NVIDIA had an EPS of $0.88, compared to year-ago quarter EPS of $1.32. At the moment, the stock has a 52-week-high of $289.46 and a 52-week-low of $108.13. NVIDIA closed at $207.54 at the end of the last trading period.
BofA Securities Increases Price Target on NVIDIA to $275 From $255, Keeps Buy Rating
Wells Fargo Adjusts Price Target on NVIDIA to $275 From $250, Maintains Overweight Rating
Deutsche Bank Adjusts NVIDIA's Price Target to $200 From $170, Maintains Hold Rating
Jefferies Maintains Buy on NVIDIA, Raises Price Target to $300