they are set for a forward split, which means share prices will come down dramatically, making it affordable for stupid people like me who really just see the price per share and not the underlying business until we do some research..
I got into apple when they did their forward split and have done pretty good since. I'm definitely not a trader, I'm just a buy and hold type of guy and I most definitely cannot offer any investment advice but there have been others that I've been more than happy with too..
I find in my time that companies that do forward splits are looking for more capital to diversify and grow their footing. Nobody mentions that Nvidia has pledged to invest billions here in the US to build new factories. That takes some stones and a lot of dollars. Relying on China's stagnant economy where the government just robs their profits would not sustain them into the future.
Plus we also get the best and brightest people on our soil to carry us into the future.. I know it's only computer chips but it means a lot for us to manufacture them here and I'm proud of our congress and president Biden for making it happen..
Zorax is the ultimate pessimist and I like him for that but sometimes you have to look at the half full glass before you start seeing it as half empty.
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