Replies to post #12699 on Zeev's Turnips Patch-No Politics (ZEEV)

[sylvester80]

It seems everyone knows we are supposed to get the now infamous 1526 rally but the street. Do you still see one? So far this is looking like the December call but in reverse. I hope we do get that rally BTW.

[jdaasoc]

Zeev I am thinking NVDA gets a bounce as they clarify their fiscal position AH today. Some uncertiancy has to be removed and I am going long NVDa this afternoon. It is ironic that I have been railing on this stock for so long and now I am going long. I see then writing off $80-85 M in XBox crap and hopefully not much more otherwise I am out tomorrow.

Your thoughts.

[lostalot]

Zeev: MERQ has a forward P/E 76 and do you really think it could reach high teens in current market env? I seriously doubt it.