I don't understand why the sell off was so savage. Nuix & Nvidia are not in the same market.
Nuix has no debt, a rock star lineup of clients and it is using Ai to make its proprietary software much more powerful and as I understand it at twice the rate of profitability as its original software. It is now trading profitability and buildling its cash.
So if the Chinese are going to drive down the cost of Ai then wouldn't that be a benefit to Nuix?
My average is less than the current price so I'm not bleeding but yesterday seems to me to be a total overreaction.
If some are saying this is going to $2 or less, why ias that the case?
Anyone, anyone, anyone?
NXL Price at posting:
$4.39 Sentiment: Buy Disclosure: Held
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