Nvidia (NVDA) probably won't stay down here

The stock is takeover bait under $14. Expect to hear the recurring rumor that Intel is planning to acquire them. And Intel should be considering it down here... though I wonder if it would pass regulatory muster. Nvidia remains the market share leader in notebook graphics chips. It is likely that AMD will wrestle with liquidity problems over the next year -- this may put further pressure on pricing for the next several quarters. Intel will also be stepping up their low end graphics chips offerings, assuming they get them working correctly.

The chart is a mess. I don't see anything down here at all. And the story sounds horrible. Yet I think the franchise is undervalued at this level. We'll see.