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1300/130 max this year for Nvidia.Well thank you Nvidia for the 10-1 split and the drop in the cost basis!
I'm calling it.
1300/130 max this year for Nvidia.Well thank you Nvidia for the 10-1 split and the drop in the cost basis!
I dunno, rates are creeping up as zero cuts are being priced in now, as predicted.Rare day where the whole portfolio is up. Seems like the market likes the way we're heading into the summer.
There was a live pricing "glitch" at around 11AM.Did some data reporting system go down? Seems like a blank section in S&P data today for an hour.
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Easy. Buy millions of dollars of a stock and then pretend to be average little guy on Reddit while using the gullible to manipulate the stock price for you.How does an "average" guy hold a $100 million dollar position in GME? 🤔
"Keith Gill is a former financial analyst"How does an "average" guy hold a $100 million dollar position in GME? 🤔
The SEC market manipulation case with his previous employer was thrown out in February."Keith Gill is a former financial analyst"
Who Is Keith Gill? The Man Behind Roaring Kitty
Keith Gill, known online as Roaring Kitty, is largely credited for spiking the GameStop surge in late 2020.www.investopedia.com
He wasn't an average stock guy. He was a youtuber who convinced tons of followers to jump off a cliff and milked them as they did, doing the old pump and dump.
"He went on to invest $53,000 of his own money in GameStop stock, which was once valued at approximately $48 million as the stock price peaked."
I want to know where the other $50 million came from, but if you have $48 millions its not hard to made $100 million.
If you are disclosing your increasing stake publicly how is that manipulation?The SEC market manipulation case with his previous employer was thrown out in February.
Now this guy is being brazen about his market manipulation. SEC is going to have their eye on him.
That is what everyone is saying...and we all know who is doing it....the Wall Street Bets crowd and the millions of copy catsHow do you determine what a reasonable market cap for a company is? Nvidia at 3 trillion seems overly steep.
I've been very, very long on Nvidia. Trying to figure out a 'sweet' spot to sell a few shares. Figure sometime after the split.
According to Quicken/Morningstar xray, In august 2023, nvidia was 23% of my direct and indirect holdings. Now it's 50% and I haven't added any shares. It seems the history of companies that hit the highest valuation typically has not fared very well in a long, long, long hold strategy.
You don't, not in the case of a bubble like NVidia. Right now the price is not dependent on fundamentals or anything else that you can reasonably determine. The price is a game of chicken. Buy high, sell higher, until you can't anymore. Just hope you aren't caught holding the hot potato when it does inevitably return back to normal valuations.How do you determine what a reasonable market cap for a company is? Nvidia at 3 trillion seems overly steep.
I've been very, very long on Nvidia. Trying to figure out a 'sweet' spot to sell a few shares. Figure sometime after the split.
According to Quicken/Morningstar xray, In august 2023, nvidia was 23% of my direct and indirect holdings. Now it's 50% and I haven't added any shares. It seems the history of companies that hit the highest valuation typically has not fared very well in a long, long, long hold strategy.
How do you determine what a reasonable market cap for a company is? Nvidia at 3 trillion seems overly steep.
I've been very, very long on Nvidia. Trying to figure out a 'sweet' spot to sell a few shares. Figure sometime after the split.
According to Quicken/Morningstar xray, In august 2023, nvidia was 23% of my direct and indirect holdings. Now it's 50% and I haven't added any shares. It seems the history of companies that hit the highest valuation typically has not fared very well in a long, long, long hold strategy.