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Post by richm on Jun 10, 2024 18:03:16 GMT -5
It’s a growing stock, they often get back to where they started.
Pays no dividend.
Thinking of investing $10K
Talk me into or out of it. Please.
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Post by PolarsStepdad on Jun 10, 2024 18:12:11 GMT -5
.....I bought it last week. Where did you get that dividend number from? Coworker has been sitting on it for a couple of years. I think he's a year closer to retirement after the last couple or months
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Post by One Man Gang on Jun 10, 2024 19:00:41 GMT -5
Anyone jump on those Jan 2026, $118 call options this morning?
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Post by ferris1248 on Jun 10, 2024 19:06:23 GMT -5
I said it was too rich for my blood but I'm reconsidering. A lot of analyst seem to think it has legs going forward but they're talking years out.
Might wait for the initial euphoria to die down and see where it settles.
If I was in my 50s it'd be a no-brainer.
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Post by whitebacon on Jun 10, 2024 19:26:45 GMT -5
Wavo and I discussed this a while back. I bought a slug of it a while back. I sold off half my stake with a pure double, 100% gain, after a few months. I'm playing now on straight house money. I'd strongly recommend purchasing and holding, for the foreseeable future, provided you have at least a 5 year time horizon, where you won't need the money.
They control and dominate the space their in. They have few, if any real competitors.
Most equities I own, I have owned for years. Two of them, AAPL and CSCO, changed my life. I have a strong feeling about NVIDIA, as well. Their EPS growth will be astronomical QTR over QTR going forward, maybe even exceed the last couple of QTR's on a % basis. Will trade wildly some days, so don't watch it daily.
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Post by One Man Gang on Jun 10, 2024 19:33:33 GMT -5
I have a old gf in NYC who retired at 50. Her and her long retired mother, who had money to begin with from being in the right circles with the right jobs, bought this stock by the boat loads under $4.
I can't imagine.
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Post by whitebacon on Jun 10, 2024 19:35:03 GMT -5
Anyone jump on those Jan 2026, $118 call options this morning? I'm going to start selling covered calls every month, way out of the money calls. I'll take the inflated premiums every month, and if I get called, who cares? I'm so far ahead on the stock now, it's all ridiculous to me at this point, in a good way. If I get called, I will buy it back on any dip and repeat the process.
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Post by whitebacon on Jun 10, 2024 19:38:31 GMT -5
I have a old gf in NYC who retired at 50. Her and her long retired mother, who had money to begin with from being in the right circles with the right jobs, bought this stock by the boat loads under $4. I can't imagine. Super high-fives for them! Fantastic!
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Post by One Man Gang on Jun 10, 2024 20:16:49 GMT -5
Anyone jump on those Jan 2026, $118 call options this morning? I'm going to start selling covered calls every month, way out of the money calls. I'll take the inflated premiums every month, and if I get called, who cares? I'm so far ahead on the stock now, it's all ridiculous to me at this point, in a good way. If I get called, I will buy it back on any dip and repeat the process. I probably would too except I don't have that kinda juice to squeeze from my wallet.
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Post by richm on Jun 10, 2024 20:26:38 GMT -5
.....I bought it last week. Where did you get that dividend number from? Coworker has been sitting on it for a couple of years. I think he's a year closer to retirement after the last couple or months I pulled up the stock price and dividdnd was 0.033.
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Post by whitebacon on Jun 10, 2024 20:53:13 GMT -5
I'm going to start selling covered calls every month, way out of the money calls. I'll take the inflated premiums every month, and if I get called, who cares? I'm so far ahead on the stock now, it's all ridiculous to me at this point, in a good way. If I get called, I will buy it back on any dip and repeat the process. I probably would too except I don't have that kinda juice to squeeze from my wallet. No one ever accused me of being sane. My basis in what I have left is around 140k. Way too much for most people to stomach, no matter their standing in life. You have way more responsibility than I do. I haven't done the math, but I can sell a bunch more call option contracts now, versus pre-split. You stay responsible buddy. Far greater reward where you are, in life, as opposed to me. You know I have no family, so I speak like that. I don't ever want to be a bad influence towards any one who might read this.
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Post by PolarsStepdad on Jun 10, 2024 20:54:24 GMT -5
.....I bought it last week. Where did you get that dividend number from? Coworker has been sitting on it for a couple of years. I think he's a year closer to retirement after the last couple or months I pulled up the stock price and dividdnd was 0.033. There was something on my screen when I initially read it and it looked like an 8 instead of 3. I was getting pretty happy there for a minute. 3 is still higher than I initially thought
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Post by richm on Jun 11, 2024 6:18:08 GMT -5
I pulled up the stock price and dividdnd was 0.033. There was something on my screen when I initially read it and it looked like an 8 instead of 3. I was getting pretty happy there for a minute. 3 is still higher than I initially thought I actually looked it up. LOL!!! Let's just say the number is misleading. Just like everything about stocks and investing. NVIDIA is increasing its quarterly cash dividend by 150% from $0.04 per share to $0.10 per share of common stock. The increased dividend is equivalent to $0.01 per share on a post-split basis and will be paid on Friday, June 28, 2024, to all shareholders of record on Tuesday, June 11, 2024. May 22, 2024.
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Post by madm002 on Jun 11, 2024 8:35:49 GMT -5
Anyone jump on those Jan 2026, $118 call options this morning? I'm going to start selling covered calls every month, way out of the money calls. I'll take the inflated premiums every month, and if I get called, who cares? I'm so far ahead on the stock now, it's all ridiculous to me at this point, in a good way. If I get called, I will buy it back on any dip and repeat the process. I would love to do that but I do not want to compicate my taxes this year any more than I have already. I think it is a winner idea.
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Post by bullfrog on Jun 11, 2024 9:01:35 GMT -5
They’ve been making good gfx cards for gaming PCs since the 1990s. In recent years they’ve been making gfx cards for console game systems as well. That’s all I know about them. I didn’t know they were a mover and shaker in the wider tech world until recently. They made niche products for video gamers for much of my life.
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