bentprops
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- Oct 23, 2008
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In 2013 I purchased a pretty good chunk of Nvidia stock at $19 per share. It has split 4 times.
As of today, each share of that $19 stock has turned into the equivalent of over $2700. Everyday it just keeps going up. It went from $598 a share last week, to $688 today. Analyst are predicting it goes to $800. It’s all they can talk about on wallstreetbets on Reddit.
My wife and I are dancing around the house. We cannot be in better moods. We are just so friggin happy!
As my wife said earlier today…….. We made enough for a new 32’ World Cat, just since last Friday. You have no idea what a great feeling it is. I might go so far to say……. It feels better than cumming! lol
I feel like I am on the Game Stop ride, and it feels fantastic!!
Ok…… back to being humble. Sorry for being momentarily happy.
I could retire on that loss alone. Insane numbers.Damn...if my figures are correct the share price indicates about a 1.4m drop from your high.
Thats a big hit and I dont care if the funds are not needed...lot to now make back up
Good luck going forward
Not worried at all. I don't own any NVDIA personally. He just put it out there so a lot of us have followed along. Its a big hit no matter and I wish him luck going forward. He has done great with his initial investment regardlessYou guys need to give @C-Ya some credit, Nvidia might be his largest holding, but I’m sure it’s not his only holding. The whole market has been poised to take a giant shit so maybe it’s just getting ready. Y’all worry too much.
I bought 1 share this morning. Just doing my partThe bulls better step in here 100-104 or the next stop is 80.
$1,480,000 is how much I am down from the high June 20th. Ouch!Damn...if my figures are correct the share price indicates about a 1.4m drop from your high.
Thats a big hit and I dont care if the funds are not needed...lot to now make back up
Good luck going forward
Just six months ago you could not contain you excitement when it was $688/share ( $68 now). Relatively speaking, you have still won the lottery regardless. Well done!!!$1,480,000 is how much I am down from the high June 20th. Ouch!
Geez…….. I was expecting to get to 6 million. Now…… I will be happy just to get back to $5 million.
As somebody stated very early in this thread……… it’s only a paper number until I cash in!
The negative about owing so much in taxes is that I cannot jump in and out of Nvidia. I am stuck taking the ride, unless I want to cash in. All I can do is HPR. Hope….. Pray….. Read! LOL
Several years ago, Nvidia had gotten up to approx 475 per share, then dropped into the hundreds. We lost approx 2/3’s of our value. We were kicking ourselves. Since then, our shares have increased by over 3.5 million. Let’s hope this dip has the same outcome.
Either way, we are rewarding ourselves with a nice vacation this year. 24 days Down Under.
That is exactly what we are reading also…..Based on META's earnings call the other day and how many chips they will need from NVDA for their processors, NVDA should be and will be $180 soon. This is a gift right now at $105. I don't see it staying here for long.
Well I just bought in and taking your financial advice, Sir!Based on META's earnings call the other day and how many chips they will need from NVDA for their processors, NVDA should be and will be $180 soon. This is a gift right now at $105. I don't see it staying here for long.
That is exactly what we are reading also…..
I sure hope it comes true. $180 x 40,000 = $7,200,000
$7,200,000 - 37% (taxes $2,664,000) = $4,536,000
Am I being greedy when I say “I’d like to take home 5 million” LOL
Well I just bought in and taking your financial advice, Sir!
If I didn’t already own so many shares, I would have purchased more also.Well I just bought in and taking your financial advice, Sir!
I just went with what was already in this thread. To be honest, I have not looked into our specific tax implications because we have never considered selling anytime soon. It should be noted, my wife handles all the investing specific details. Besides a law degree, she has an MBA and finance degree. She is my investing Captain! lolDon't you live in Florida? Your taxes should be 23% max on that as there's no state tax.
$7,200,000 - 23% = $5,544,000Don't you live in Florida? Your taxes should be 23% max on that as there's no state tax.
$7,200,000 - 23% = $5,544,000
Thanks Shintoooo……….. You made my day!
Are you the "Big Guy" now??Awesome. I'll send you a bill for the $1 million I just saved you!!
Looks like 5.5mil to me. Way to go Capt! Congrats to you and your wife - aka, according to you - your coach, warden, advisor, investor, councilor and most importantly your of Wife and Companion. Enjoy guys. You did good.$7,200,000 - 23% = $5,544,000
Thanks Shintoooo……….. You made my day!
You forgot to post the disclaimerShit!!
I don't think earnings is going to do anything, might be a bumpy ride for a little while, I'm thinking 70's for NVDA.Nvidia has earning end of this month. From what analysts are saying is it should be very good again. I hope so.
Their bigger issue is the new chip failure announced over the weekend.Be interesting to see what the stock does as "Pocahontas" socialite Liz Warren wants Nvidia investigated
the stock split 10 for 1Just six months ago you could not contain you excitement when it was $688/share ( $68 now). Relatively speaking, you have still won the lottery regardless. Well done!!!
That is exactly what we are reading also…..
I sure hope it comes true. $180 x 40,000 = $7,200,000
$7,200,000 - 37% (taxes $2,664,000) = $4,536,000
Am I being greedy when I say “I’d like to take home 5 million” LOL
This is just cover for the price decline. Look at the thread, i warned this was a bubble looking for a pin.Their bigger issue is the new chip failure announced over the weekend.
This is just cover for the price decline. Look at the thread, i warned this was a bubble looking for a pin.
Why I don’t get my financial advice on RDP. lolCash it out, pay the tax and move on.
fingers crossed i have a little in that i have made good gains on over the past couple weeks but wanted to hold for the earnings...see if we hit for extra or go snake eyes...lolEarnings time!
Had I taken this advice, 3 weeks ago………..I would be out 1.2 million today.Cash it out, pay the tax and move on.
Although not NVDA, I sold my PLTR before close today as I’m short on it.fingers crossed i have a little in that i have made good gains on over the past couple weeks but wanted to hold for the earnings...see if we hit for extra or go snake eyes...lol
I did. Got lucky and bought 10k shares on 8/5/24 at $104.xx. Hoping for a nice return.Had I taken this advice, 3 weeks ago………..I would be out 1.2 million today.
Here is a question?
How many of you in RDP land took advantage of the dip? If you had made a 10k investment 3 weeks ago…….. it would be worth 13k today. Not a bad return! 30%
Let’s hope that tonight’s report is positive. I am still waiting to become The Bionic Man. $150 per share will get me there! lol
Good for you. Hope it pans outI did. Got lucky and bought 10k shares on 8/5/24 at $104.xx. Hoping for a nice return.
So you sold today and realized your gains?Had I taken this advice, 3 weeks ago………..I would be out 1.2 million today.
Here is a question?
How many of you in RDP land took advantage of the dip? If you had made a 10k investment 3 weeks ago…….. it would be worth 13k today. Not a bad return! 30%
Let’s hope that tonight’s report is positive. I am still waiting to become The Bionic Man. $150 per share will get me there! lol
So do I!!! Ha.Good for you. Hope it pans out
Shit. Looks like I won’t be able to pay back all the credit card cash advances. The interest is going to suck….Great news
Drops $5.33 after hours lol
Nvidia stock slips after earnings, forecasts top estimates amid 'incredible' demand for its next-gen chip
Nvidia reported its highly anticipated Q2 earnings after the bell on Wednesday, beating expectations on the top and bottom lines.finance.yahoo.com
You’ve done very well but don’t be cockyHad I taken this advice, 3 weeks ago………..I would be out 1.2 million today.
Here is a question?
How many of you in RDP land took advantage of the dip? If you had made a 10k investment 3 weeks ago…….. it would be worth 13k today. Not a bad return! 30%
Let’s hope that tonight’s report is positive. I am still waiting to become The Bionic Man. $150 per share will get me there! lol
Are you trying to convince us or yourself?Here is the current outlook, after earnings report……… (copied)
Nvidia has a consensus rating of Strong Buy which is based on 32 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for Nvidia is $149.89. A high forecast of $200.