Don't worry too much about it. Next paycheck, buy more. And the next. And the next. In a couple of years, this initial drop will be totally meaningless.
hes not wrong tho. its possible. i think that is more than five amd that the composite of NVDA activity (gpu for game market, ai, software side, etc) makes it strong
i remember when aapl had some issues. 1997.
It’s all the bozos that were making posts couple days ago asking if they should liquidate their retirement accounts and go 100% NVDA. Oh and sell their kidneys while they’re at it so they can buy more NVDA shares
This sub is feeling more and more like r/wallstreetbets. The minute by minute updates and rapid cycling between rocket emojis and crying emojis is unhinged. Go to therapy like the rest of us, take OP’s advice and chill out or get some meds.
Edit: grammar
You have a point but what percentage does retail investors own of nvidia? If they don’t own a sizable portion than it doesn’t matter as much as people on the sub would talk about.
I bought a few more shares today too. I don’t think we are going down that low. We tried to hold the 20 day today, got flushed as market closed. If 20 day doesn’t hold at tomorrows close I don’t think we will get under 116. Shareholders meeting Wednesday morning should be at least a small catalyst up. I also think there were people hoping to get in sub 120 and we won’t stay under it for long.
Down 20% from since Thursday, of course there was some profit taking but to enter actual correction territory with no negative catalysts…. Much different than the correction in April.
I suspect there is some fuckery at play.
There was huge call volume at 140 for opex 6/21 we hit that in the aftermarket prior then flushed. I caught a piece of an interview saying that those 140 calls would have cost MM much more if they were to print.
IDK but my options got cooked along with many others.
I know that we are going higher but I would like to know the reason for the price action. If anyone has insight I would definitely appreciate it.
Appreciate the feedback but NVDA RSI has been higher for longer through the years. I don’t think the price action is a result of overbought by that indicator.
The cat is the cheapest to keep on your list.
Ultimately it doesn’t need anything that costs money, it just has expensive taste and a human who’s wrapped round it’s little paws.
I’m in the same boat.
If you're in the red and panic sell, you will kick yourself in the ass when it goes back up. If you can, you should buy the dip. I have a large position and ain't going anywhere.
Always zoom out if you’re investing. Real investors don’t react to day-to-day swings. If you can’t do that, probably should just put your money into HYSA.
It’s gonna come down to 110 or less it’s only healthy for it to, if ur not in for long then ur fucked, once it reaches that level I believe it will start taking off pretty fast again to the 140s
Keep sliding 🤞
I don't have any, and won't be buying any til after June 30 atleast, and plan to hold for atleast 3-5 years, so the more it slides in the next 7 days, the happier I am.
You’re all embarrassing 😆 not a single person here knows about trading stocks and shares, this company was flying until you melts did your classic ‘to the moon’ nonsense. Get a job
when people at work who know nothing about investing start talking about a company—like Nvidia—its time to expect a downswing in stock price…dont forget this lesson when cryptocurrency starts to pop off
I would love a drop to $95. Fucken over buying short dated calls lol.
Then again, gotta do the opposite of the news. All week the news was "Wednesday Nvidia should rise from investors day". And drop drop drop.
Only the short term investors/ traders, and options people are freaking out. I’m in it for the long haul
I am planning to be in it for the long haul, but it still hurts to have bought in 20 minutes before the decline started, down 13.8% so far.
Don't worry too much about it. Next paycheck, buy more. And the next. And the next. In a couple of years, this initial drop will be totally meaningless.
This is the way
lol this advice worked great for go pro, blackberry, rivian and countless other stocks….
You are joking, right?
No, he’s not. And he’s right. What’s your point? Nothing is fool proof. NVDA could be at $0 in 5 years.
My point is that he is comparing one of the best companies in the world with trash. So what that NVDA could be zero? So could AAPL or MSFT or GOOGL.
hes not wrong tho. its possible. i think that is more than five amd that the composite of NVDA activity (gpu for game market, ai, software side, etc) makes it strong i remember when aapl had some issues. 1997.
I bought at $5. If it goes to 0 that's $10 I'll never get back.
If it goes to $0 and you bought at $5 and held to zero you will kill gourself
Play in the crypto market. 13% is a Tuesday
Same.
Same here
Where are you at now
Down 8.7% at the moment.
I lost a lot of money on calls this week ngl. But I also saw the discount and purchased another 200 shares at 119 for the long term haul.
Maybe they're 66 and are freaking out about retirement next year.
Imagine yolo'ing into NVDA to retire on at the age of 66... wtf.
If it was stock and not options it definitely is not the worst thing you could do.
That could be a possibility too.
Who said retirement age is 67? Some retire earlier at 62 and some even before that.
hell no im not working near that long. its pretty absurd with what the 🔥info out there that anyone does.
I just wish it had a higher dividend yield… for the long haul.
It’s all the bozos that were making posts couple days ago asking if they should liquidate their retirement accounts and go 100% NVDA. Oh and sell their kidneys while they’re at it so they can buy more NVDA shares
100 or 200 years?
Half of the option people. We can bet it’s going down.
This is end of quarter rebalancing. Nothing more
It started as soon as bought the stock. It will only stop once I sell.
Hurry up and sell bro. We wanna get back in the green.
Don’t be a buffoon
For real this is me, was considering stopping loss today but if I do it will be green tomorrow
I feel that
when are you selling? wanna buy calls
This right here.
😂 Can you sell tomorrow please
PLEASE SELL
Try loosing the password to your brokerage account, that usually does the trick for me 👈😎👈
say this louder, not sure why so many are panicking
I actually bought 100 more shares today not freaking out at all
Of course, you're buying the dips!
Of course and if it dips again tomorrow I'll buy 100 more
BTFD! That's what I say!
got 1 more share.
I almost pulled the trigger on buying more, wanna load up before July. Just waiting to see how far it goes haha. Gotta love trying to call the bottom!
This sub is feeling more and more like r/wallstreetbets. The minute by minute updates and rapid cycling between rocket emojis and crying emojis is unhinged. Go to therapy like the rest of us, take OP’s advice and chill out or get some meds. Edit: grammar
You have a point but what percentage does retail investors own of nvidia? If they don’t own a sizable portion than it doesn’t matter as much as people on the sub would talk about.
He’s saying the sub sucks now because of apes.
It’s about 65% owned by institutions
35% owned solely by retail is actually a sizable chunk. This sell off could continue to spiral down then.
Where do you get this data btw?
I got it from Schwab… sitting at 65.49% atm. Most brokerages have that info in the fundamentals details somewhere.
Sorry guys, this was my fault. I bought in at peak.
No! its me. It will stop only if I sell
If your numbers are true then all of my profits just evaporated lol
same here lol
I bought a few more shares today too. I don’t think we are going down that low. We tried to hold the 20 day today, got flushed as market closed. If 20 day doesn’t hold at tomorrows close I don’t think we will get under 116. Shareholders meeting Wednesday morning should be at least a small catalyst up. I also think there were people hoping to get in sub 120 and we won’t stay under it for long. Down 20% from since Thursday, of course there was some profit taking but to enter actual correction territory with no negative catalysts…. Much different than the correction in April. I suspect there is some fuckery at play. There was huge call volume at 140 for opex 6/21 we hit that in the aftermarket prior then flushed. I caught a piece of an interview saying that those 140 calls would have cost MM much more if they were to print. IDK but my options got cooked along with many others. I know that we are going higher but I would like to know the reason for the price action. If anyone has insight I would definitely appreciate it.
It’s overbought. That’s it! Went for a massive run into the last earnings and kept going. RSI
Appreciate the feedback but NVDA RSI has been higher for longer through the years. I don’t think the price action is a result of overbought by that indicator.
You can only push it so far. Then comes a big pull back and everyone hollers manipulation.
Man, I'm scared!
$95 looks like an excellent level to grab some.
I would go all in at that level. House, car, cat, wife. All
Not the cat! What’s wrong with you?
The cat is too expensive to keep. I'd rather get a guinea pig. I need to DCA nvda till august earnings call record
The cat is the cheapest to keep on your list. Ultimately it doesn’t need anything that costs money, it just has expensive taste and a human who’s wrapped round it’s little paws. I’m in the same boat.
Cat 😹
What does a wife go for? Asking for a friend
Underrated ❤️🔥
Ngl if it drops at 95 it's a great window to grab a copule more shares
If it finds support at $100, and then pumps back up to $120, we're definitely back to normal guys.
Was going to buy a few shares last week but forgot, so I'm pretty happy about this dip.
True profit happens when you buy high and then sell low
95 a good level
Hope it reaches it so I can buy more!
Go down more so I can finally rebuy and buy cheap cause of all the losers selling
If you're in the red and panic sell, you will kick yourself in the ass when it goes back up. If you can, you should buy the dip. I have a large position and ain't going anywhere.
CEO sold $95 million ( 528,000 stocks) last week.
drop in the ocean honestly
I wish I had more free cash
So you’re saying it’s going to drop a lot more 😭
I sold so it should go up now.
We went through much worse in April
Always zoom out if you’re investing. Real investors don’t react to day-to-day swings. If you can’t do that, probably should just put your money into HYSA.
Down 14k today and didn’t even sweat it…
“Real investors” 🙄🥱
I love this dip!!!! It lets me load up before the July run up to earning in August 2024. It will probably break $175 ATH in Aug 2024 is my guess
It’s gonna come down to 110 or less it’s only healthy for it to, if ur not in for long then ur fucked, once it reaches that level I believe it will start taking off pretty fast again to the 140s
Chill out? No I won't, I need to buy more lol more more more
Per my lack of knowledge… what is this kind of analysis called?
reading tea leaves
🤣🤣🤣
🔮🧙♀️
Like Jensen always says: Buy The Fucking Dips!
Because he needs to sell. He thanks you for your exit liquidity.
I thought he already sold what he needed to sell?
Let’s go baby
Bought 150 at 121 today and will add more tomorrow if it keeps dipping 💪
We good for the long run, give it a year and see where it’s at
A pull back was bound to happen
Way too exuberant! Market is definitely heading to 115 and below with so much insider selling
Keep sliding 🤞 I don't have any, and won't be buying any til after June 30 atleast, and plan to hold for atleast 3-5 years, so the more it slides in the next 7 days, the happier I am.
We are going to 90 $
You’re all embarrassing 😆 not a single person here knows about trading stocks and shares, this company was flying until you melts did your classic ‘to the moon’ nonsense. Get a job
when people at work who know nothing about investing start talking about a company—like Nvidia—its time to expect a downswing in stock price…dont forget this lesson when cryptocurrency starts to pop off
guilty of clearing some profits, couldn’t resist at these returns, getting softer as I age
I would love a drop to $95. Fucken over buying short dated calls lol. Then again, gotta do the opposite of the news. All week the news was "Wednesday Nvidia should rise from investors day". And drop drop drop.
Buy more when it’s down. Dollar cost your way to the greener grass.
Chill out? No I won't, I need to buy more lol more more more
Chill out? No I won't, I need to buy more lol more more more
NVDA is a bubble bath
I made so much money from this forum shorting nvda. Thanks guys!
Sure you did 🙄
I read all the posts and sentiment here and I thought no way these people are winning. Honestly. Reminds me exactly of crypto 4 years ago.
Forgot to buy inverse leverage for this correction coming man, could’ve made prolly 35% but I’ll b in for NVDL before it starts to shoot up
scamvidia taking suckers money
Found the guy that bought NVDA puts before the split ^