**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

05-24-2023, 03:13 PM

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#3511

Abzu
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Looks like it's almost time to step into the ring.

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05-24-2023, 03:19 PM

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#3512

SipNPiz
2 B Tan is 2 B Glorious!

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Originally Posted By Destor⏩

Make that $150billion

$200b now absolute mania

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05-24-2023, 03:26 PM

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#3513

Carbonfibre
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We have entered dot com bubble here.

Make $7B revenue = $900B market cap. Just causally adding $200B market cap because why not.

AI baby.

Enjoy having no job in year or two cause AI will run everything.

Fyi got crushed on nvda earnings puts. $5K puts will be $0 tmmrw. (no hard feelings on this)

05-24-2023, 03:27 PM

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#3514

MinisterOfLust
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Originally Posted By Elias373⏩

Imagine if you didnt listen to me about PLTR lol lol lol

Palantir after hours?

05-24-2023, 03:30 PM

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#3515

SipNPiz
2 B Tan is 2 B Glorious!

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Originally Posted By Carbonfibre⏩

We have entered dot com bubble here.

Make $7B revenue = $900B market cap. Just causally adding $200B market cap because why not.

AI baby.

Enjoy having no job in year or two cause AI will run everything.

Fyi got crushed on nvda earnings puts. $5K puts will be $0 tmmrw. (no hard feelings on this)

I’m thinking of opening call credit spreads tomorrow then closing out when IV drops, surely it won’t go above 420, will it? Tesla 2.0 that seems like the right strike.

Edit: post 10,000 boys!!!

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05-24-2023, 03:34 PM

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#3516

manmore350
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I got lucky and put in a small chunk of money on Palantir around $8..

Anyone know what Cathie Woods actual price target is for PLTR? I am strongly considering selling and keeping my gains... how high do you guys think this baby gonna run?

05-24-2023, 03:54 PM

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#3517

Carbonfibre
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Originally Posted By SipNPiz⏩

I’m thinking of opening call credit spreads tomorrow then closing out when IV drops, surely it won’t go above 420, will it? Tesla 2.0 that seems like the right strike.

Edit: post 10,000 boys!!!

yeah have the same thought (need to see what follow reaction early in morning will be like) to get back this market of piss

05-24-2023, 04:32 PM

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#3518

Robmnrd
Who the **** was phone?!

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So should I take some profits on my NVDA shares? Bought a bunch in 2020 and 2021, and added a few here and there since then. I am a long-term investor and plan to hold NVDA pretty much until the end of time but I really feel like it might be smart for me to take at least a little bit of profit. What do ya'll say? (srs)

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05-24-2023, 04:43 PM

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#3519

Destor
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No clue where NVIDIA will go but experience has taught me that taking profits at highs definitely wouldn't hurt, for whatever may come up

05-24-2023, 04:45 PM

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#3520

Robmnrd
Who the **** was phone?!

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Originally Posted By Destor⏩

No clue where NVIDIA will go but experience has taught me that taking profits at highs definitely wouldn't hurt, for whatever may come up

Yeah I agree, and my check engine light popped on on my way home today so my frame of mind is currently "Just a handful of shares, keep the rest. A couple thousand in cash might be nice right now" lol.

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05-24-2023, 07:41 PM

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#3521

Carbonfibre
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nvda is going to get analyst re rated over next few days, I would wait. (all the inflated metrics that are cooked will now come down if nvda is saying we can hit all the numbers)

going into this earnings Q2 analyst had 7B revenue NVDA management instead saying it will be 11B for Q2 as guide.

this brings 2023 full year revenue tracking from analyst prediction $30B to now $50B per NVDA projection.

might be the most bullish conference call I have ever heard in long time.

Basically nvda makes gpu chips that you train AI models (LLM)

https://www.digitaltrends.com/comput...e-price-hikes/

They have 1 year lead time compared to AMD and any other ai gpu competitor atm.

demand for AI is so high turning into gold rush.

05-25-2023, 05:47 AM

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#3522

taf1968
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Originally Posted By Robmnrd⏩

Yeah I agree, and my check engine light popped on on my way home today so my frame of mind is currently "Just a handful of shares, keep the rest. A couple thousand in cash might be nice right now" lol.

This NDVA run is bonkers. I don't own any shares directly . . . but have a couple funds where it's one of the top holdings.

Check engine light is often emissions related stuff. A lot of auto parts stores will do a code scan for free and you can look up with cause and see if it's a simple fix. Last couple with our vehicles were really easy DIY stuff (cleaning EGR valve, for example). Also, if your vehicle has a gas cap (some of ours don't) check to make sure it's on tight.

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05-25-2023, 07:00 AM

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#3523

HMFIC_BROWSIN
Buy high, sell higher.

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Nvda is the only investment in my portfolio that isn't strapped to a respirator, and is currently +29% premarket.

Thank fuk. So tired of being anally gaped relentlessly for almost 2 years now.

05-25-2023, 07:25 AM

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#3524

Destor
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Originally Posted By taf1968⏩

This NDVA run is bonkers. I don't own any shares directly . . . but have a couple funds where it's one of the top holdings.

Check engine light is often emissions related stuff. A lot of auto parts stores will do a code scan for free and you can look up with cause and see if it's a simple fix. Last couple with our vehicles were really easy DIY stuff (cleaning EGR valve, for example). Also, if your vehicle has a gas cap (some of ours don't) check to make sure it's on tight.

Yeah it's usually related to the gas cap in my experience as well

Have a 2014 Cadillac SRX where it would come on every time after you filled up the tank, but it stopped doing that when I replaced all the spark plugs recently

05-25-2023, 07:54 AM

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#3525

Carbonfibre
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they selling phuck load of calls on NVDA from the open.

It makes lot of sense.

Listened to many podcasts / interviews etc from big whales how everyone was long NVDA since October last year now they are probably locking in profit.

The check back would be previous all time high at $330 if nvda profit is really locked in.

Frenzy is too big for this to happen in 1 day.

Gonna need week or so to see where they start buying nvda dip.

05-25-2023, 01:00 PM

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#3526

camaleom
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didn't the myth the woman the legend Kathie Wood sold her NVDIA position at $100 LOL

she must be named reddit WS mod LOL

"Paper money is going away" - EM

05-25-2023, 01:08 PM

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#3527

RobParks2M
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Originally Posted By Carbonfibre⏩

they selling phuck load of calls on NVDA from the open.

It makes lot of sense.

Listened to many podcasts / interviews etc from big whales how everyone was long NVDA since October last year now they are probably locking in profit.

The check back would be previous all time high at $330 if nvda profit is really locked in.

Frenzy is too big for this to happen in 1 day.

Gonna need week or so to see where they start buying nvda dip.

My $260 dollars of puts in shambles.

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05-25-2023, 01:11 PM

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#3528

thatsnarf
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Kinda of worried fellas.

Whenever I transfer money to another account savings account/investment account, the money appears but may be pending. But, at least I see it.

Transferred money from an online savings back to my checking account and it hasn't shown anything.

Transactions made yesterday. Online savings from the company says the transaction was completed yesterday. The bank doesn't see anything. I know it can probably take a day or two to show but damn....kinda worried.

05-25-2023, 01:31 PM

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#3529

Carbonfibre
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Originally Posted By RobParks2M⏩

My $260 dollars of puts in shambles.

Good thing you only had 2. (I got phucked hard but thats how it goes, never ever ever sell premium into earnings only bet via premium)

This was cluster phuck miss by analyst/mm/dealers.

99 percent of time going into earnings market makers/dealers will price options correctly. Hence why you get implied moves being always correct.

ie implied move for NVDA yesterday for earnings was +/- 7%.

for nvda to go 30% at one point today that is absurd.

it almost touched 1T market cap.

its hard to put into context just how bullish last night nvda management was on conference call. they are shoveling confidence / can't keep up with orders.

imagine phuck load of banks / analyst etc project in many different models you will do $7B revenue next quarter and nvda staff say nah double it $12B.

AI is here and its scary as phuck.

That video I posted last page about microsoft (seems nobody saw it)

That shiiit is crazy.

Imagine the biggest software company in world doing massive pivot and all in bet on AI. Rewriting the whole software that now windows copilot will be integrated into every msft product.

fyi

These phuckers no repricing this shiit hard. (think it will take time before this comes into play $400+)

5 stocks are now the whole SP 500.

Today NVDA's market cap rose by $200BN, which is more than the market cap of 472 S&P companies including:

Cisco (197.3BN)
Thermo Fisher ($197BN)
Accenture ($190BN)
AMD ($174BN)
T-Mobile ($168BN)
Adobe ($168BN)
Nike ($166BN)
Disney ($166BN)
Netflix ($162BN)

05-25-2023, 03:17 PM

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#3530

_zman
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Originally Posted By Robmnrd⏩

So should I take some profits on my NVDA shares? Bought a bunch in 2020 and 2021, and added a few here and there since then. I am a long-term investor and plan to hold NVDA pretty much until the end of time but I really feel like it might be smart for me to take at least a little bit of profit. What do ya'll say? (srs)

But put it in what? Kinda hard to bet against AI right now. We're in a whole new phase of technology now. We're approaching T2.

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05-25-2023, 05:33 PM

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#3531

Abzu
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I've decided I'm going to help you guys from now until I leave the forum.

Destor once told me I'm too worried about being right and I think he was right.

I've been talkin' to him like this drop, bet a million copies get pressed out, he told me, "Take a deep breath, you're too worried about being the best out".

Nowwemake money.

Stay tuned.

I: Self, Lord and Master.

"I rub my hands when my palms itch."

"I call you Son not because you Shine but because you Mine."

05-26-2023, 08:48 AM

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#3532

Elias373
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That NVDA rally is going to look cute once the PLTR rally gets underway

05-26-2023, 09:36 AM

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#3533

RobParks2M
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Inflation unmoved lmao. core pci 4.7 in Dec 2021 and it’s 4.7 today. Someone’s gotta do something riiiiiight?

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05-26-2023, 09:47 AM

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#3534

Carbonfibre
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They already did.

Now bond guys saying 2 more rate hikes of 25BPS each coming.

Think fed is too much chicken shiit they will do hike in June and hold this rate.

Anyways it doesn't matter.

First question anyone these days asking is which AI company can I yolo into.

NVDA is too expensive so they need stock split.

Remember fire employees = stock up

Use AI on everything = higher margins / less employees = stock up

This is stock market now.

05-26-2023, 11:10 AM

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#3535

_zman
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Heard same thing about rate hikes on YT news video straight from CEO of JPMorgan, who likely controls the rates if you nom sayin.

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05-26-2023, 01:37 PM

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#3536

Venom08
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Top tick sold my pltr calls. I set à limit order to sell at 0.97 since I knew I’d be flying all day. 11hr flight later I checked and saw the order filled and the high on them was 0.99. Lmao
Also, my amzn calls are all up an average of 100%. At a potential resistance level here at $120 but my ultimate scale out target is $146

05-26-2023, 02:26 PM

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#3537

Lefticle
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[QUOTE=Carbonfibre post_id=1683440623]They already did.

Now bond guys saying 2 more rate hikes of 25BPS each coming.

Think fed is too much chicken shiit they will do hike in June and hold this rate.

Anyways it doesn't matter.

First question anyone these days asking is which AI company can I yolo into.

[b]NVDA is too expensive so they need stock split. [/b]

Remember fire employees = stock up

Use AI on everything = higher margins / less employees = stock up

This is stock market now.
png[/img][/QUOTE]Poorcel detected

Always Neg Back Crew.

05-29-2023, 01:20 PM

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#3538

dopamine72
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NVDA halted?

Originally Posted By HMFIC_BROWSIN⏩

Nvda is the only investment in my portfolio that isn't strapped to a respirator, and is currently +29% premarket.

Thank fuk. So tired of being anally gaped relentlessly for almost 2 years now.

Pretty much this lol