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To: CFW
"That’s true. I didn’t realize that. It may be worth buying a few shares at the new price. "

Stock splits do not change the value of stocks!!

9 posted on 05/22/2024 2:41:46 PM PDT by TexasGator
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To: TexasGator

Hence the quotation marks. But the new price does mean more retail investors will pile in.


13 posted on 05/22/2024 2:50:59 PM PDT by Mr. Blond
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To: TexasGator

I’ve only experienced stock going down after a split.


16 posted on 05/22/2024 2:59:44 PM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: TexasGator

Stock splits do not change the value of stocks!!


You don’t have to yell. LOL! I realize that. However, I only have so much in my day-trading bank stash and I’m not going to use it to buy only a few shares of a thousand dollar stock. It’s no fun just to watch one stock!

At $100 I can buy enough shares to watch it and have fun.


18 posted on 05/22/2024 2:59:46 PM PDT by CFW
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To: TexasGator

Do you understand why stocks split?


21 posted on 05/22/2024 3:04:25 PM PDT by eyedigress
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To: TexasGator

Yup!

Nonetheless, this is a really good 10-Q. You just don’t generally get that kind of YoY from a large/mega-cap.

That said - a 10:1 rather than 5:1 does give me a bit of pause.

Don’t get me wrong; as a shareholder, I’ve got nothing but kisses for Jensen Huang... however, I get leery of investments that move out of their comfort zone.

Wish I were a genius, but I’m not - I jumped into NVDA a fair bit back (2019/2020). I’m a fairly classic Buffett-style investor: Buy and hold, find equities in a growing space who are best-in-class, etc. I bought into NVDA because the chip space - and particularly, NVDA’s old bailiwick of GFX - were lapping competitors and the space was growing. I bought in further when they got a bump from alt-use of chips for crypto mining - and liked that they saw it as nothing more than a happy blip, but not part of their longterm strategy. I didn’t expect the AI revolution nor NVDA’s leadership in it.

By splitting 10:1 (rather than a more conservative 5:1 or whatever), they’re looking for liquidity... and that means it’s time to start looking elements *beyond* their pure market space and market space leadership.

It can be done - Apple transitioned from a future visionary to an Operations expert to maximize efficiency to, well, what they are now: price support via a pile of cash (read: buybacks) + a relatively safe, albeit no longer growing or exciting revenue stream.... Call it the IBM track.

Feels like a crossroads to me for NVDA - and to be honest? I’m not entirely sure what I think about it going forward!


29 posted on 05/22/2024 4:26:48 PM PDT by Capn Hayek (Capital is not responsible for Labor's lack of planning)
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