Just for giggles I entered an order to short some NVDA (no intentions of really shorting it, just wanted to gauge the short interest) and couldnt get a borrow..
The shorts might be right this time.. They really screwed up the latest product launch, and may have to rely on forward looking guidance.
The obvious shortfall would come from the lack of a high end gaming card.. but they may have done pretty well with the high end quadro (cad/workstation) cards which have enormous margins and DELL/Compaq may have purchased quite a bit of these this quarter.
I may watch it for a trade on the long side if the numbers arnt a total disaster and bail just before conference call. Unfortunately- I think the numbers WILL be a disaster and the stock will be trading at 13/14 come after hours : (
... I have a strict rule about playing a stock into earnings report. Only if I have an enormous buffer to work with.