Quote Originally Posted by Helloworld_98 View Post
If this is true now we know why Nvidia's CEO sold all that stock

their stock prices are going to drop a bit
I highly doubt this story holds water. Why?

Well... if nVidia's CEO sold off a bunch of stock just prior to this news story going public, with the fear that the price may crash... it would be one of the most clear cut cases of insider trading I've ever seen and he'd be thrown in jail.


After taking a quick peek at nVidia's stock price a moment ago, I'd conclude that he sold the stocks because NVDA is up 60% in the past 2 months and we are only two weeks away from September, which we all know is notorious for market crashes.

If I still owned AMD (i bought it for $9.00 in May of 1999 and sold it in April of 2000 @ $45.00 + a split), I would be doing the exact same thing considering it's stock is up roughly 60% since July, and now is definitely the time to move those profits into a less volatile market.