NVIDIA short (NVDA), mcap=$643000m

NVDA short pitch:
– A better short than $TSLA.
– Cyclical business, that sells to cyclical tech companies.
– A short squeeze has popped these shares +100% in 3 months without any material news.
– NVDA is crazy expensive at 44x likely peak 2022 EBITDA with deteriorating fundamentals and a speculative holder base.
– Similar trading pattern with NVDA stock has already been observed in late-2002 when it peak on earnings and equity valuation.

NVDA valuation:

– Trades at 44x 2022 and 60x 2023 EBITDA.

Exp. gain: Not specified.

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