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Andy Constan
@dampedspring
macro & beta @2Graybeards for beta. Both for investor education, Brevan Howard, Bridgewater, Salomon, Dad of 4. Go Penn, No tweet is advice
Joined June 2013
473 Following    575.2K Followers
$NVDA has a $235BN authorized buyback program and IS buying back stock and "reloading". Why would they "support" the stock when they are a buyer instead of buying cheaper. Isn't screwing the sellers GOOD for the shareholders vs rewarding the sellers with an elevated price.
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If the cheapest asset is your stock, you should buy it. Nvidia can buy and reload... or they can let it go down