Posted on 06/21/2024 10:20:59 AM PDT by SeekAndFind
““Video” cards for $40k to $80k. Each.”
What do you do here in Africa?
We watch TV, $1/hour.
When AI video comes down in price, we’ll do something else.
The crash will be breathtaking.
The lesson - short Nvidia.
They are 1 earnings report away. If you had to gain 238% in less than a year to catch MS excuse me for not being willing to dump all my savings into it for a steady and consistent gain. They have marketed the future of their chipset brilliantly. Not sure this is going to be a sustained reign. At least not yet. It should be interesting though.
“China’s GDP is nowhere near $18 trln.”
Do you go to school?
Yes, we people in China go to school for about as long as American kids do.
Do you have a car?
Yes, but our cars are considerably smaller.
Do you get medical care?
Yes, we get all the medical care and medicine we need, unlike Americans.
Do you have housing?
Yes, but our square footage is less than that of Americans.
We don’t live in tents. We do have lots of vacant apartments.
I would never short stocks.
Find their best possible competitor.
Since it came down a bit yesterday and today, it currently stands at about $3.124 trillion.
I don’t know where the article gets that $788.17 number. The stock is currently trading at $126-127 and Nvidia has 24.6 billion shares outstanding.
NVIDIA’s stocks SPLIT 10 to 1 early this month.
NVIDIA’s stocks SPLIT 10 to 1 early this month.
I missed the rise from Oct to June where nvidia tripled in price.
I own lots of AMD which only doubled.... then dropped more then 50% and is now up to $161 with a recent rise of $7+ in one day.
I plan on buying nvidia if AMD does not start to go up faster. then Starlink when it becomes available in the future which is unknown.
126.57
Today’s close.
Yep. But when it split 10:1 on June 7th, it was selling for $1,200+/-. It hasn’t been selling in 700s since February.
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