$NVIDIA (NVDA.US)$ FOMO is killing me, should I buy now or w...
FOMO is killing me, should I buy now or wait till its fall?
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10baggerbamm : where were you today where were you Friday I mean you know people say after the fact oh I should have bought it I should have bought it but you can't win a game unless you step up to the plate and swing at the ball a few times.. so let's suppose you buy one share or you buying a fractional share what are you going to do you going to hold it if it goes up five bucks sell it make $5 or less than five if it's a fractional no you're going to hold it for a year 2 years 3 years so if that's the case what difference does it make when you buy it.
Sweetblunt86 OP 10baggerbamm : I Agree with you but there are a lot of greed in NVDA and it’s over price, better to have risk management strategy and wait till fear comes to greedy people
10baggerbamm : why is it overpriced because the stock went up 130 140% year-to-date does that make it overpriced because if that's the case then why don't you buy a piece of dog shit called intc, which is barely over 30 bucks where you have a CEO that's been dead wrong ever since he's been CEO and he's lost over 60% of shareholder monies since he's been in charge but hey maybe tomorrow he has an epiphany and he gets things right so by your logic if Nvidia is expensive then that would be cheap because it's done nothing but go down.
Avengers 2023 10baggerbamm :
Sweetblunt86 OP 10baggerbamm : P/E : 96
P/B: 57
Is that cheap to you?
There was a stock called ENRON, there was a stock called CISCO, there was a bubble. You’re smart to understand this
10baggerbamm Sweetblunt86 OP : 270% revenue growth, look at the PEG ratio
Sweetblunt86 OP 10baggerbamm : Look at the NVDA insiders, are they buying or selling? the ship is sinking, there is a demand for AI but if you noticed today US ISM Manufacturing PMI is at a current level of 48.70, down from 49.20 last month which the economy is shrinking and the market is in need for rates cuts from FDA
10baggerbamm Sweetblunt86 OP : you don't seem to get it this is not a consumer product people are not lining up at Kohl's at 7-Eleven at Starbucks to buy Nvidia chips the retail sector slowing doesn't mean shit it means nothing because corporations are not small minded thinkers they're looking more than 6 inches ahead of where they are they're looking two years five years from a business standpoint from a business plan.. so the economy slowing down doesn't do shit means nothing and if you think Nvidia has peaked then do me a favor sell everything you own and buy a put on the stock and post your transaction that way we can all remember you at your funeral I remember when that guy went broke because he actually thought that the economy slowing was going to slow down nvidia's growth rate.
Sweetblunt86 OP 10baggerbamm : Chill bro, to the moon, maybe NVDA becomes 10 trillion market cap . Best wishes
74506946 : Wait until it falls. Check the chart on Tesla for split. The 2nd split. On NvDA this is the 2nd split.
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