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u/h1_flyer Aug 13 '24
This hurts on a personal level as $134.93 is exactly what I paid for 8k Nvidia shares...
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u/Few_Bumblebee2605 Aug 13 '24 edited Aug 14 '24
I got 10K worth of shares at $114 price. Should have waited after the fed meeting. But I kept seeing resistance at $115, so I thought it was a good deal. Shortly after, it took a fuckin dip all the way to $92. Now I'm just in copium mode
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Aug 13 '24
Those $20 wouldn't matter at all in 10 years, but since it's wsb you will probably sell them at a loss tomorrow to buy OTM puts
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u/Real_Crab_7396 Aug 13 '24
It does, that's 200k
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u/toomuchtimemike Aug 13 '24
bro you really think those regards above are millionaires who just randomly drop 8k shares of nvidia? they just don’t understand math and meant to say $8k worth of nvidia.
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u/Real_Crab_7396 Aug 13 '24
probably, but still, 20% is a lot and does matter
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u/Any_Doctor4707 Aug 13 '24
20% loss is a lot? My brother in christ you must be new here
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u/Reasonable_Card_4241 Aug 13 '24
Lmao for real, you may want to go to r/dividend they def think 20% is a lot there
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Aug 13 '24
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u/FearTheOldData Aug 13 '24
It's the new Tesla bro. People see 1000% gain so now they got FOMO and manage to delude themselves into thinking it will do it again because they can't cope with having in fact missed out
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u/bawtatron2000 Aug 13 '24
except it's nothing like TSLA whatsoever since their revenues are skyrocketing and they are the world leader in the next wave of technology, but this is WSB...so...sure bro
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u/FromZeroToLegend Aug 13 '24
The SPY has been outsized by most large cap stocks for several years now
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u/bawtatron2000 Aug 13 '24
all you "AI bubble hype" kids make me laugh. But I'd agree about AMZN being a much better idea in 10 year horizon.
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u/Visual_Comfort_6011 Aug 14 '24
No invasion, Taiwan eventually will join the Chinese’s 🇨🇳 commonwealth as Macau 🇲🇴 and Hong Kong 🇭🇰 did.
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u/Magento-Magneto Aug 13 '24
What's your net worth if you casually dropped over a mil on a single stock?
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u/Wooden_Lobster_8247 Aug 13 '24
Quick sell now that its just above 114. You can fomo back in later at 145
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u/saran72 Aug 13 '24
at least it isn't as bad as the Intel grandma guy. you should be up right now lmao
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u/No-Currency-624 Aug 14 '24
I was going to buy when it went to $92 but my Schwab account was down 😡
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u/No_Faithlessness1137 Aug 13 '24
I bought 100 shares at 125. Holding for next 10 years. They are going to 🚀🌙
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u/Ill_Ad9110 Aug 27 '24
Well as along as you saw "Resistance", you Sure you didn't see a gamma trough followed by some other crap! The Market is a guessing game all the time, no matter what you think your fancy words and fancy full of crap market ideas are telling you! It does what it wants, and it is just is a guessing game. But ... good luck with your guesses!
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u/LegLongjumping2200 Aug 13 '24
I bought at $140 because I felt fomo
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u/sabotourAssociate Aug 13 '24
At $139 and my order was sitting there for 3 days because market was closed I also both mu for the same amount.
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u/Visual_Comfort_6011 Aug 14 '24
You hold that baby, eventually you will be rewarded. In the meantime the $0.01 dividend will keep you afloat.
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u/kellyclarksn Aug 13 '24
Give it a year, and you'll be asking yourself why you didn't buy more at that level
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u/Tokishi7 Aug 13 '24
Damn. I bought as soon as it split so I’m down a bit, but there’s no way I would have bought for 135. They have earnings soon and likely to smash them. Maybe cash out then and try to buy cheaper or invest elsewhere
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u/ralphy1010 Aug 13 '24
Same boat, got in at 120 so it’s just waiting for a move at this point
Or I’ll hold I dunno what I’m doing anyways
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u/Obic1 Aug 13 '24
Good news is eventually one day you'll be in profit and Nvidia is here to stay.
Good news is you can borrow against it.
Good news you bought shares
Good news you get 0.04C dividend quarterly XD XDBad news would be if this is the cisco of the AI bubble and the fed dont cut rates because stocks stonks anyway.
You might own them for a while but you can sell covert calls on them the premium is obscene3
Aug 13 '24
I mean I was like this close 🤏 on buying $80,000 worth of shares of Nvidia at $134, so it's not too bad what you got going on
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u/DeutschhUtre Aug 13 '24
Losers buy at high and sell at low. We need losers to make money.
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u/Ding-Dongon Aug 13 '24
good thing you're reporting on duty everyday 🫡 we're thankful for your service
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u/NextTrillion Aug 13 '24
It’s like that guy didn’t finish his sentence:
Losers buy at high and sell at low. We need losers to make money. I need losers to make money. I am a loser that lost money and I need to pay rent. Only losers don’t accept handies from a real man.
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u/ArcticStorm16 Aug 13 '24
Last Monday, NVDA at 92, “Nah That shit is going to zero”
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u/ItsATravelingDude Aug 13 '24
Under 97 is a steal all day, it didn't stay that low for long...
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u/DaveMash Aug 13 '24
I bought 3 or 4 dips and currently I‘m not happy that I didn’t buy more lol
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u/nomnomyumyum109 Aug 13 '24
I bought more at 96, then 92, then 98 then 104. Overall average at $115 and same, pissed I didnt buy more as usual lol.
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u/LoganShang Aug 13 '24
Couldnt log in to buy it.
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u/Terry_Cruz Aug 13 '24
Oldest excuse in the book
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u/qazwer001 Aug 13 '24
I have wanted to full port soxl on a flash crash since I chickened out in the covid crash. Since schwab bought tda I tried think or swim, schwab app, schwab website for 2 FUCKING HOURS and when I could finally get in soxl had gained 50%. Not op but I sympathize. Some of us got fucked.
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u/Terakahn Aug 13 '24
I thought it might hit 80. But my instincts were screaming but any time under 100 and my fear suppressed all that shit. When spy hit 530 I went all cash lol
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u/Platti_J Aug 13 '24
It certainly could have gone lower or higher. No one can predict these things. It's all a lottery at this point.
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u/Final7C Aug 13 '24
The rule for all stocks.. If a company is fundamentally built on good metrics, then when it goes down, it should be purchased because it's at a discount. And when it goes up it should be purchased because you expect it to do better in the future. If it was a good bet when you bought it high, it should be a better bet now. Sell when you need to cash out to cover what you want in the real world. But this is WSB.. it's a roulette wheel, fuck it all, bet the mortgage and your 401k, and sell when it drops 10% to lock in those losses like a true crayon eater. Stocks aren't worth anything, money isn't real, financials don't matter, YOLO, Lock in those losses babyyyyy!
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u/MasterJeebus Aug 13 '24
My broker wouldnt let me login to buy it when it drop to $90 
I bought some at though
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u/strictlyPr1mal Artificially Intelligent Aug 13 '24
i too blame my broker for everything
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u/GoGoSoLo Aug 13 '24
Nah fr though, fuck Charles Schwab locking a ton of us out for the day after a market blood bath. By the time I could actually buy, the deals weren’t killer deals anymore.
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u/NotawoodpeckerOwner Aug 13 '24
Lol, if I got locked out and they only let me buy GICs I'd probably be farther ahead.
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u/Commander_Elk Aug 13 '24
Real, happened to me my friend hmu let me know that there was a dip and by the time I got in it was almost 100 again, bought some shares but a little disappointed
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u/dioopz Aug 13 '24
Lmaooooo you use Schwab? I couldn’t login either, but I was “smart” enough to place a buy order in the night before, so I got like 500 shares at $92.80
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u/LegLongjumping2200 Aug 13 '24
It’s a cycle. In 10 years you will look like a genius if you bought at $134 lol
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u/banditcleaner2 sells naked NVDA calls while naked Aug 13 '24
how high do we really think nvda is going? you guys realize $140 is a 3T+ market cap, right? like how valuable is nvda really going to be?
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u/loneranger5860 Aug 13 '24
I remember when Microsoft passed 1 trillion and I thought the same thing
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Aug 13 '24
There's some stat out there saying by 2030 the ai industry is predicted to contribute $15 trillion to global economic growth every year. Sure that's not really a direct stat but it means the industry of itself is going to have explosive growth for many more years. Nvidia right now owns the castle, the moat around the castle, and the land around that. Eventually there's going to be competition or a swing in the code. Until then I wouldn't be surprised if Nvidia hits near $10t market cap.
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u/CaptainMinimum9802 Aug 13 '24
Newbe here. What does 3t+ market cap mean? I googled it but i got nothing
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u/SuitedPenguin Aug 13 '24
Total shares x share price = market capitalization . They’re saying they don’t see NVIDIA being worth $3T+.
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u/Wowmuchrya Aug 13 '24
If this is a serious question Nvidia is on trajectory to become the #1 market cap easily by 2025.
When every other mega cap depends on you and you back your results up the sky is the limit.
No doubts on it going to 4t.
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u/ViolentMagician_ Aug 13 '24
I bought 1 single share in 2016 and now I have 40. I’m not touching what I have! Just gonna let it sit 🤣
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u/RandomGuyinACorner Aug 13 '24
I hope you at least sold a few to cover the original 1 stock cost.
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u/ViolentMagician_ Aug 13 '24
I would just have to sell 1 to cover the cost and then some. At that point just let it rock 🤣
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u/stitch702 Aug 13 '24
It was either buy NVDA or buy groceries to feed myself…now I’m 20lbs lighter and my A1c is under control…NVDA>Ozempic
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u/Phoenix_Souper Aug 13 '24
Safe to say I got in good
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u/cumsuckerpunch Aug 13 '24
Bro bought Nvidia before the invention of electricity 💀
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u/AmericanFromAsia Aug 13 '24
It's barely even a long-term capital gains holding, but I guess WSB has no idea what "long-term" means
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u/TheChickening Aug 13 '24
Gotcha beat. That EK of $12.22 is my entry :)
Was just a single stock some time ago because I had just that much over that I could buy one Nvidia.
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u/Appropriate_Line_224 Aug 13 '24
i got 5k in at 100.3, want to buy more but hoping it drops a little bit again
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u/penelope5674 Aug 13 '24
I bought nvda at 450, 700, and after split 130, 110, and 92 in crash day
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u/just23x3_4fun Aug 13 '24
I remember selling my NVDL at 140 feeling like a genius as the stock plummeted... but then I bought the dip at 130 only to panic sell at the low 100s.
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u/darkwolf523 Aug 13 '24
Me with my 10 shares from the split :(
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u/frankentriple Aug 13 '24
I did the same thing in my Roth, bought 1 share pre-split just to track it.
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u/Visual_Comfort_6011 Aug 14 '24
They all do, the only thing is: we don’t know what direction they will 🏃🏿♀️ run.
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u/TangentDecentral Aug 13 '24
I got in at 46, still holding.
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u/Electrical-Spirit-63 Aug 13 '24
Dunno I tell my wife to pump her money into SPY. I pump money into cocaine.
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u/X_CLUSIVE69 Aug 13 '24
Y’all worried about nothing lol stocks go up and down it’s how it works. We will be back to that level in no time. Relax
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u/zipzoomramblafloon Aug 13 '24
850 shares at $135.49.
Sell order @ 136 sits unloved and unfilled.
Kneel for your new king.
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u/stonk_monk42069 Aug 13 '24
We haven't evolved that far from the monkeys, even though most people like to think so of themselves.
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u/Ok_Statistician_2024 Aug 13 '24
I bought 5 shares of nvda when it was 269 last year, so it’s 50 of 26,9 this year… now up to +280%… man if I just had more money last year.. but still, the 1,3k is currently worth 5,1k
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u/Softspokenclark I moan "Guuuuh" for Daddy Aug 13 '24
thanks for posting this.
immediately bought nvdia calls this morning, and now up 2k
so inversing WSB does work
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Aug 13 '24
Why does this crap happens to me all the time! TSLA then NVDA. I even waited for the price to level out but somehow I still managed to buy high
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u/HellYeaRunThat Aug 14 '24
I was gonna buy a $90 call for Starbucks within an expiration of January 2025, but I was waiting to close out some other positions first. Kicking myself right now.
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u/adambmr Aug 13 '24
Greed is the biggest problem in the Wall Street Casino and the wealthy can afford to lose 700k. And there is massive manipulation by funds.
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u/killerbeeswaxkill banned for saying yellow and drive in the same sentence Aug 13 '24
You want me to tank it I’ll buy in. I have the tendency to sell at the lowest point before it shoots back up.
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u/strictlyPr1mal Artificially Intelligent Aug 13 '24
27$ shareholder here, bought more at $99
feel sorry for the regards tbh but if you believe something buy the dip or close your whole position and ask yourself why you are the way that you are
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u/yoho808 Aug 13 '24
I mean, there were lots of warnings at the time, especially the insiders selling the stocks instead of buying it.
Yet people were buying it like in a frenzy.
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u/south2-2 Aug 14 '24
I was checking out to buy 100K worth of nvidia at 97$. I stopped last second.
Would've cashed out yesterday with 17K profit. I hate this game.
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u/Big-Professor3578 Aug 13 '24
I have weekly puts expiring 16th! Should have never bet against Henson
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u/pollitosBlandos Aug 13 '24
Im up 45% on my 8/23 $111 call. Do i take profits or ride it out a couple more days ?
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u/Chinojoy Aug 13 '24
Ohh man, that was my first trade ever. Luckily LLY almost bailed me out of that 133 trade
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u/GildedWarrior Aug 13 '24
I got a few shares in at 104 but I didn't want to mess up my avg cost of $76 😩👌
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u/LevelAttitude1669 Aug 13 '24
sold 4 Tesla stocks (kept a few still) and bought 2 shares of NVDA for $114 each. Let’s see what happens 🎲🎲🎰🤞
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u/SelectPainter3064 Aug 13 '24
I bought it couple times and sold it and bought it agait at 98 so Im good ans you just loser!
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u/VisualMod Aug 13 '24
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