Comment by fnands
10 hours ago
Maybe. Could go up still, but a surprisingly conservative move for SoftBank.
But hey, maybe the market crashes tomorrow and this is seen as the best piece of timing ever seen, maybe it doubles in the next year.
In any case, you never lose by taking profit.
I’m not calling the top, but I think it’s incredibly likely we’ll see NVDA with a lower market cap than this in the next 3 years.
Softbank is likely in trouble and needs the cash or something.
SoftBank, according to its stock, is in the best shape ever.
https://finance.yahoo.com/quote/SFTBY/
And per the stock prices Tesla is worth more than every other car manufacturer ever, as well.
Until it wasn’t. Then it was again.
Either way, cash flow != stock price, not that SoftBank is in a ‘business’ that likely needs a lot of cash.
Maybe they just needed a new yacht?
Or need to bail out one of their investments?
Interesting - is buying SoftBank a proxy for owning some OpenAI at this point ?
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