Shroomie
OP
Silverbat
:
right now, the stock is in no man's land. controlled by bulls and bears... no definite bottom or reversal has been established yet. we need to see how next week goes
Simon 5183
:
If NVDA enters and leaves hundreds of millions of shares every day, can 0.12 million shares affect the stock price? Isn't that too foolish to say?
Simon 5183
Shroomie
OP
:
Over the past few months, NVDA has traded trillions of dollars in shares, and he only holds 3% of NVDA shares. This is simply 9 bulls and 1 dollar. There is no big fuss. Now the general environment has caused the stock price to fall, so don't worry, it will rise back up!
Simon 5183
Shroomie
OP
:
You're talking about psychological factors, and I agree. This affects people's impetuous minds a bit when prices are low. No one will pay attention to how many stocks that shareholder has sold during the upward phase!
Silverbat : probably around 118?
Avengers 2023 : After market closed. I know u keep pressing down the price but doesn't work for long term.[Grin]
Shroomie OP Silverbat : right now, the stock is in no man's land. controlled by bulls and bears... no definite bottom or reversal has been established yet. we need to see how next week goes
Simon 5183 : If NVDA enters and leaves hundreds of millions of shares every day, can 0.12 million shares affect the stock price? Isn't that too foolish to say?
Shroomie OP Simon 5183 : in past months he's sold 600,000,000 dollars worth... yes that effects the price
Simon 5183 Shroomie OP : Over the past few months, NVDA has traded trillions of dollars in shares, and he only holds 3% of NVDA shares. This is simply 9 bulls and 1 dollar. There is no big fuss. Now the general environment has caused the stock price to fall, so don't worry, it will rise back up!
Shroomie OP Simon 5183 : you obviously don't understand. he holds shares that he acquired at a very low price... so the sell has bigger impact.
Shroomie OP Simon 5183 : you buy shares at $104 and sell at $105... no big deal. you have share at price $1 and sell at $105.... BIG DEAL
Simon 5183 Shroomie OP : You're talking about psychological factors, and I agree. This affects people's impetuous minds a bit when prices are low. No one will pay attention to how many stocks that shareholder has sold during the upward phase!
Shroomie OP Simon 5183 :
