$NVIDIA(NVDA)$ The fundamental issue is the oversized float. Too many unclaimed shares are left over for manipulation. On the pro side, the share buy backs may eventually ameliorate this situation. On the con side, the share buybacks might be offset by Nvidia insider sales. One thing that would settle the issue is if institutional ownership percentage rises from 65.2 percent to a higher number like 85 percent or so. This would force the MM algorithm to sense short supply and raise the BID/ASK. We would approach fair value, which is more like 200 dollars.
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