- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 3/8/24 at 2:48 pm to NATidefan
quote:I sold some RIG today to get some money ready. I will watch this next week, if any more dip I will buy what I can, which is only about 18 shares
I may buy again if the dip is good enough, etc. I would like to get back in with something AI, but felt like it was getting overvalued.
Anyway, made some money.
Posted on 3/8/24 at 4:15 pm to tigerfoot
quote:
which is only about 18 shares
I only had 10 I got at 797. I could have got a lot more, but only the amount I felt comfortable with, lol.
This post was edited on 3/8/24 at 4:16 pm
Posted on 3/8/24 at 5:06 pm to NATidefan
I have 20 at $120. I dont even know what to do with that. Might just hold forever.
This post was edited on 3/8/24 at 5:22 pm
Posted on 3/8/24 at 5:24 pm to The Baker
quote:
Might just hold forever.
I probably would. I wanted to get in on AI, but knew I was getting in late with nvda most likely for a long hold.
Posted on 3/8/24 at 5:25 pm to The Baker
Down to 850 in after hours. Maybe diamonddawg got out early.
Posted on 3/8/24 at 5:43 pm to NATidefan
The problem with a straight line run is there is not a lot of support levels when it reverses. I had sold 1/2 my position last month (all long term shares, so not real tax considerations) and already bought back in four days later because it fell so rapidly.
I sold the other 1/2 of my long term position at $848 a few days ago to buy Palo Alto and add to my SNAP position. SNAP continues in a predictable range of running up into earnings, falling hard after earnings and running up again. Until today, I was kicking myself for that move, but it has worked out now the NVDA is reversing course and SNAP is breaking out. I still expect Palo to move back to recent highs in the next six months, too, and SNAP to be up 25-30% more from current price before it reports, but it was tough watching NVDA move up $125 a share four days after I sold to open a position in Palo and add to SNAP.
Long term, NVDA still has a lot of room to run. I am now all out of short term shares, so I will probably buy back in and hold for at least a year if it falls below $800 and even more at $750. I can see this falling that low quickly before taking off again.
I sold the other 1/2 of my long term position at $848 a few days ago to buy Palo Alto and add to my SNAP position. SNAP continues in a predictable range of running up into earnings, falling hard after earnings and running up again. Until today, I was kicking myself for that move, but it has worked out now the NVDA is reversing course and SNAP is breaking out. I still expect Palo to move back to recent highs in the next six months, too, and SNAP to be up 25-30% more from current price before it reports, but it was tough watching NVDA move up $125 a share four days after I sold to open a position in Palo and add to SNAP.
Long term, NVDA still has a lot of room to run. I am now all out of short term shares, so I will probably buy back in and hold for at least a year if it falls below $800 and even more at $750. I can see this falling that low quickly before taking off again.
This post was edited on 3/8/24 at 5:46 pm
Posted on 3/8/24 at 6:30 pm to go ta hell ole miss
Yeah, I'm brand new to all this, but I would think it's true value is at least around 800 and will grow well long term until there is a true competitor at least. If it drops to 700 ish I'll probably buy back with intent to hold.
Posted on 3/8/24 at 7:38 pm to NATidefan
Why the plunge today? People just taking profits?
Posted on 3/8/24 at 7:42 pm to Double Oh
quote:
People just taking profits?
That's the word.
quote:
Stocks were hurt Friday as an earlier rally in Nvidia lost steam. The artificial intelligence darling finished down more than 5% in its worst session since late May.
Despite that breather, Nvidia shares still finished up more than 6% on the week. It's part of a monster rally that has added more than $1 trillion to the stock's market cap in just the new year alone.
"It doesn't mean that the longer-term upside potential is over," said Sam Stovall, chief investment strategist at CFRA Research, of Nvidia's Friday move. "It just says that maybe we've gotten ahead of ourselves: We've gotten to an overbought situation, and it's time to take some profits."
Posted on 3/12/24 at 4:44 am to NATidefan
Is the run over?
Posted on 3/12/24 at 11:02 am to meeple
quote:
Is the run over?
Posted on 3/12/24 at 3:01 pm to DarthRebel
Wondering the same. No way it can continue much longer right? Lol
Posted on 3/12/24 at 6:59 pm to meeple
quote:
Is the run over?
Its just starting
Posted on 3/12/24 at 7:02 pm to Double Oh
quote:
Its just starting
Not sure if serious.
Posted on 3/12/24 at 7:03 pm to Double Oh
I’m holding $900 C Friday expiry, when I bought I did hoping for a Homerun….if it catches flight tomorrow, do we soar over by Friday or will there be resistance? I bought the dip last Friday, so at close today I was back to pretty much even due to the mess yesterday. I really should have bought more yesterday.
Posted on 3/12/24 at 7:24 pm to The Egg
I’ve enjoyed the ride but certainly questioning upside at this point
Posted on 3/12/24 at 7:29 pm to SlidellCajun
quote:
I’ve enjoyed the ride but certainly questioning upside at this point
The run has been built on profits, not like a flim flam .com or some sort of artificial manipulation like GameStop/amc.
Posted on 3/12/24 at 7:52 pm to SlidellCajun
quote:
I’ve enjoyed the ride but certainly questioning upside at this point
You doubters said the same thing at 6-700. You must not understand. Every sector is trying to buy their product, including all the other tech companies, they can’t make them fast enough, it’s not base off hype, it’s based off results… on top of that they are innovating further to ward off competition.
This post was edited on 3/12/24 at 8:26 pm
Posted on 3/12/24 at 9:11 pm to DaBeerz
quote:
You doubters said the same thing at 6-700. You must not understand. Every sector is trying to buy their product, including all the other tech companies, they can’t make them fast enough, it’s not base off hype, it’s based off results… on top of that they are innovating further to ward off competition.
I don’t think some of you get the point here - NVDA is up 85% annualized over the last 3 and 5 years. They’re up 273% in the last 12 months and 73% YTD.
If people are buying today looking for even a quarter of those returns, they are probably going to be incredibly disappointed. Be sensible. Do the math yourself. Price matters. Company size matters.
I love NVDA, but this train will slow considerably from here. Doesn’t mean it can’t outperform the S&P or be a great stock, but it’s much closer to the end of its run than it is the beginning. It’s already a $2.3T company
Page 11 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News