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re: NVDA's rise and continued strength is amazing

Posted on 1/25/24 at 6:10 am to
Posted by jlsufan
Baton Rouge
Member since May 2021
269 posts
Posted on 1/25/24 at 6:10 am to
quote:

Cheaper how?


I meant people wanting to get in on AI and seeing NVDA sp at 613 and while AMD is 170

Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 1/25/24 at 6:44 am to
quote:

meant people wanting to get in on AI and seeing NVDA sp at 613 and while AMD is 170


Yeah I figured this was your point, which is probably accurate, yet terrifying. Buying a stock because the absolute price per share is lower than the price of another company is one of the most uneducated reasons you could possibly use to justify a purchase. I’m not calling out you, just the people that do this kind of thing.
Posted by go ta hell ole miss
Member since Jan 2007
13661 posts
Posted on 1/25/24 at 11:00 am to
quote:

I meant people wanting to get in on AI and seeing NVDA sp at 613 and while AMD is 170


Ah. I see. That is a strange, but true phenomenon. Probably has some investors thinking more shares and it will tun up to NVDA prices.
This post was edited on 1/25/24 at 8:41 pm
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