NVDA is now at $108

[CrazyTrader55]

It closed at $108 and sunk a few dollars further to $105 in the aftermarket. I'm wondering if it's time to buy a few shares for a trade.

 

[Cellblock2429]

It closed at $108 and sunk a few dollars further to $105 in the aftermarket. I'm wondering if it's time to buy a few shares for a trade.

/—-/ I wouldn’t. But, if you’re convinced, then buy a call ATM three months out. You’ll have less money at risk, and great gains if right.

 

[gipper]

Warren Buffet has been selling huge numbers of shares of late, and going to cash. Might be time to get out of the Wall Street casino.

 

[Cellblock2429]

Warren Buffet has been selling huge numbers of shares of late, and going to cash. Might be time to get out of the Wall Street casino.

/----/ Anyone who thinks Wall Street is a casino, knows nothing about casinos or the stock market and should get out.

 

[Harpy Eagle]

It closed at $108 and sunk a few dollars further to $105 in the aftermarket. I'm wondering if it's time to buy a few shares for a trade.

Its highest is 135 or so.

If you buy 100 shares and it gets back to there you could make $2700 on an investment of $108,000.

Does not seem worth the risk.

 

[gipper]

/—-/ I wouldn’t. But, if you’re convinced, then buy a call ATM three months out. You’ll have less money at ris, and great gains if right.

Bloomberg - Are you a robot?

https://www.cnbc.com/2024/08/02/buf...-bank-of-america-in-12-day-selling-spree.html

Get informed!

 

[gipper]

/----/ Anyone who thinks Wall Street is a casino, knows nothing about casinos or the stock market and should get out.

Too funny. It’s a casino 100%.

 

[CrazyTrader55]

Its highest is 135 or so.

If you buy 100 shares and it gets back to there you could make $2700 on an investment of $108,000.

Does not seem worth the risk.

Better check your math. 100 shares at $108 = $10,800 cost.

 

[Harpy Eagle]

Better check your math. 100 shares at $108 = $10,800 cost.

Sorry, you are correct. that is what I get for doing math before coffee!


Still, not really a great return for the investment in my view.

Any trading I do outside of my retirement/investment accounts is always with penny stocks, buy 500 to 1000 shares.

 

[Cellblock2429]

Too funny. It’s a casino 100%.

/—-—-/ Thanks for proving my point. You are not guaranteed a return anywhere in a casino.

 

[Cellblock2429]

Bloomberg - Are you a robot?

https://www.cnbc.com/2024/08/02/buf...-bank-of-america-in-12-day-selling-spree.html

Get informed!

/----/ SO? What's your point?

 

[gipper]

/—-—-/ Thanks for proving my point. You are not guaranteed a return anywhere in a casino.

You think buying stocks guarantees a return. Lol.

 

[gipper]

/----/ SO? What's your point?

As I stated above, it might be time to go to cash.

This isn’t hard to understand.

 

[Cellblock2429]

As I stated above, it might be time to go to cash.

This isn’t hard to understand.

/----/ Some of your investments should be in cash. Cash is King. I'm 50% in cash, but still hold a lot of stocks and ETFs that I generate income with covered calls.

 

[Cellblock2429]

You think buying stocks guarantees a return. Lol.

/----/ Returns by way of dividends and income from options like covered calls. Nowhere in a casino can you do that.

 

[gipper]

/----/ Returns by way of dividends and income from options like covered calls. Nowhere in a casino can you do that.

Minor difference.

 

[Cellblock2429]

Minor difference.

/----/ Stupid response. Thanks for proving you don't understand either the casino business or the stock market.
Another difference is that you can bet $10,000 in a casino and still be a customer. Invest $10,000 in Apple, and you become a part owner.

 

[gipper]

/----/ Stupid response. Thanks for proving you don't understand either the casino business or the stock market.
Another difference is that you can bet $10,000 in a casino and still be a customer. Invest $10,000 in Apple, and you become a part owner.

Yeah 10k of Apple makes you a .00000000001% owner. I’m glad that makes you feel wealthy.