Nvidia will drop to 60.
Aged like raw fishYeah, because I was seriously claiming one of highest market cap companies in the world was going to have its share price cut down to a tenth of the price overnight. Even when the AI bubble bursts, the movement isn't going to be that dramatic.
Yeah, because I was seriously claiming one of highest market cap companies in the world was going to have its share price cut down to a tenth of the price overnight. Even when the AI bubble bursts, the movement isn't going to be that dramatic.
This isn't a bubble. A bubble is when you've got tons of different competing business and a whole lot of them fail all at once. The AI landscape has only a small number of players and some aren't even public. There's only a small amount of relevant investments for AI. Nvidia, Microsoft, Alphabet, Meta, AMD, and those are split between hardware and software.They're all being pumped just on the supposed possibilities of AI. Not to mention all the companies slapping the term AI onto their offerings to try to catch some of that pump.
They're all being pumped just on the supposed possibilities of AI. Not to mention all the companies slapping the term AI onto their offerings to try to catch some of that pump.
You highly misunderestimate the power of NVIDIA's chips. It will crash eventually when a competitor can catch-up but that wont be for at least a year if not 5 years.No, no, I know all about nvidia's lead in the space, stemming all the way back from their lead with CUDA. That doesn't mean this hasn't been irrationally pumped.
I'm a data scientist, I work with large amounts of data and machine learning all the time. NVIDIA is so far ahead of the competition, and has demonstrated what is capable with their chips. Neural nets have learned to play mine craft and drive cars with their tech.
No, no, I know all about nvidia's lead in the space, stemming all the way back from their lead with CUDA. That doesn't mean this hasn't been irrationally pumped.
https://gamefaqs.gamespot.com/a/forum/c/c21af4f7.jpgLook at trailing P/E lol
The Forward P/E is only 32. You don't know what you're talking about.
Im never selling stock again, having to wait until mid February for my brokerage tax forms is annoying as fuckYeah, it feels like it's taking forever. I get dividends though, so it doesn't have to do with selling for me
I want my tax return now damn it :(
Im never selling stock again, having to wait until mid February for my brokerage tax forms is annoying as fuckIf you made a significant amount of money and didn't submit a tax payment estimation, then you'd owe money. Not sure why you'd want that "return" ASAP.
I want my tax return now damn it :(
Yo anybody have BMR stock lolThe latest pump and dump? I hope nobody is in it, especially not now that it's in its dumping phase. These pump and dumps happen on random-ass tickers all the damn time.
Get ready for a bloodbathOf course. The narrative about iNfLAtiOn iS cOoLiNG and sOfT lAnDiNg is bullshit. Inflation is still too damn high and it's way too early to say it has resolved. The market is addicted to cheap/free money and they're champing at the bit for rate cuts to keep this bubble going.
DOW is still above 38k. Im confident this will be a solid year.Solidly fucked.
someone told me ENZC was a good stock to jump onTell that someone to pump that garbage elsewhere.
ENZC gonna pay off my house one day*bold of you to think it won't be delisted by then
*when my last payment is due and I leave $0.33 so ENZC can wipe it out
Tell that someone to pump that garbage elsewhere.It made me a 5.7% return in less than a hour this morning.
Bought couple thousand shares of RollsRoyce when it was just about $1. It's hanging around $4 now, nice.
ah, i thought the nvda topic was the new stock market general. pissed i been paying down loans last year due to wedding and honeymoon instead of investing. missed a good run thereYou can never really go wrong with paying off debt. Market returns are unknown, debt payoff is permanent.
It made me a 5.7% return in less than a hour this morning.You can make money on garbage, doesn't mean it's not garbage.
It made me a 5.7% return in less than a hour this morning.On a day like today, nearly everything is gonna get you a return
You can never really go wrong with paying off debt. Market returns are unknown, debt payoff is permanent.i didn't want the debt in the first place lol
What length of investment do you all tend to go for? I'm playing around with some small dollar day traderish stuff (not strictly always buy and sell in one day, sometimes looking to get in and out within a few days) and so far I've been doing alright at catching a quick 3-6% on trades, but one stock that I set up an order to sell at 3% sold as the stock shot up to what would have been 20% later in the day. Now I'm looking at a current 11% gain on TELL in the last couple days and trying to decide between sticking with quick turnovers for a guaranteed amount or rolling the dice longer term on some stocks.Buy and hold forever, almost exclusively
What length of investment do you all tend to go for? I'm playing around with some small dollar day traderish stuff (not strictly always buy and sell in one day, sometimes looking to get in and out within a few days) and so far I've been doing alright at catching a quick 3-6% on trades, but one stock that I set up an order to sell at 3% sold as the stock shot up to what would have been 20% later in the day. Now I'm looking at a current 11% gain on TELL in the last couple days and trying to decide between sticking with quick turnovers for a guaranteed amount or rolling the dice longer term on some stocks.
Cable used to have a good amount of dividends but I think he cashed all that out.