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Why did it go so far down?
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@AlterMann To be honest, I can't really tell you. It was also rated sporty and the correction was long overdue. However, I would not have thought that it would go so far down.
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@RegularJohn So you don't really know what's going on but still want to invest? Why?
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@AlterMann The company has been on my watch list for ages. The business model, the prospects and the fundamental data have not changed. Therefore, it remains attractive to me and I am now just waiting on the sidelines.
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@RegularJohn But if everything is fine - why has the share price slipped so much?
@AlterMann what's with the questions... he said that the business model and key figures fit him, only the valuation is too high. One is the company, the other is how the market values it. I think Nvidia is great too, but a P/E > 100...?
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