SoundHound (SOUN) Crashes 28% After Nvidia Sells Stake

SoundHound (SOUN) crashed by 28% on Friday after Nvidia (NVDA) disclosed that it sold its stake. SOUN is down by 56.12% from its all-time high and even today at $10.96 per share, SOUN has an enterprise value of 62.725x revenue!

NVDA also sold its stake in Serve Robotics (SERV) which declined by 39.57% on Friday yet still trades with an enterprise value of 395.37x revenue!

What does it say about the state of today's market that people recklessly buy into SOUN and SERV driving them up to multi-billion-dollar market caps because of one man Jensen Huang who is profiting by pumping and dumping these companies? What will happen as SOUN and SERV decline by another 90% from their current levels?

We have the ability to pick winners in an industry where 100% of all other companies decline in value. In 2018, our #1 overall stock suggestion for the year QIWI along with the QIWI call options we suggested made large gains even as 100% of all other Bitcoin stocks declined in value.

The same will be true for One Stop Systems (OSS).

The only way to capitalize on an OSS NASA/Space Force contract or OSS U.S. Army tank production order is by owning OSS in advance because it will gap up by 200%-300%.

It is possible that 100% of all other AI stocks will decline but OSS will make massive gains between now and year-end.

The only stocks we are more confident about are Augusta Gold (TSX: G) and Highlander Silver (CSE: HSLV). It will make no difference in the life of NIA's President no matter what the prices of these stocks do so don't invest what you can't afford to lose.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G and intends to buy more shares. NIA's President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.