Bought 380 shares at $138. Didn’t sell when it rallied last week. Getting my ass kicked. I really don’t want to sell low but it also looks like it’s definitely gonna get lower. Thoughts, advice or just come to roast? I’m here for it all.
https://i.redd.it/gsz4zavysodd1.jpeg
Posted by Shot_Statistician249
35 Comments
I have 700 shares at 132 and I’m holding. I believe earnings will be great, they will release good forward guidance, and the stock will go above $140. I would wait until earnings.
Hold unless you need the money right now. Zoom out to 1 year. Also take a look at Apple and zoom out to 5 years. Stonks don’t always go up.
It’s not kicking your ass, just don’t sell and you don’t lose money. The stock market always goes up in the long term, and it won’t take long for NVDA to go back, they will smash every earnings for the next 2 years at least.
Mine too
[removed]
Bought at $138 
I’m a bull and all, but what a regard
I think we see one more big shake out and it goes to $111, I’m in a bit lower than some folks here, think average is around $125, but also hold a lot of SMH, and getting my arse handed to me right now. To me it feels like the momentum is changing, like semis and AI are becoming old news. Not sure how much hedge funds and institutions are holding or buying this dip. Something tells me even if it recovers the growth is going to slow. This is may be the last time it dips 20% or so and rips right back up, it may even take months to recover this time.
How can u down 28% when NVDA down 15%? Did u bought NVDL?
You’ll be okay. This might be a good time to look at other things that are severely down.
☑ buy high
☐ sell low
Buy high, Sell low!
It seems to me really dumb to sell. I would honestly just ride it for years. You’re a long term holder now. Enjoy!
I have only 230 shares at $34. I didn’t buy since the split but I’m thinking of buying a bit more now.
If you have the capital try to average down on dips , imo it will need to touch 111 before having a bounce back to the 130s – 140s
Just hold. Don’t panic yet. That’s why I put the majority of my portfolio in etfs. Play it a little safer. Nvidia will bounce back big by next year cause they about to release their new Gen of cards.
Hold!! It will go back up eventually, even if it takes a few months or a year. Just hold!!
My dad lost literally millions of dollars selling off Tesla and other stocks because he panic sold several years ago.
I regret selling stuff early because they increased so much in value
Just hold. Long term investing is better than day trading and emotional trading imo. It will come back up in time.
Don’t mix trading with investing. If this was supposed to be a short term trade, it has already proven to you it won’t go any higher for now. If it’s a long term investment ride out the waves, but don’t stress about the dips short term. But this is capital inefficient as a bigger dip in the spy is coming so all the megacaps will probably have a discount towards end of month.
Shares? Just chill on it. Earnings round the corner my friend
How many in the 140 bagholders club here? 121 here.
Nvidia should be considered as a long term stock, at least 3 years I’d say. I’m holding for 5
Sell some covered calls
Blackwell around the corner and lots of mag 7 companies doubling down on orders. Not really a problem tbh I’d just pay down the margin debits and check back in 6 months.
Log off Robinhood. Log back in 10 years from now. Thank me later.
Have you tried going all in on NVDA but like, 6 months ago? 🙂
206 shares @ 58$ I’m HOLDING for dear life 😪
You are already 90% better than the regards here by buying stocks instead of weekly options.
stuck my whole wad into nvda @ 137.99. figure it would ngo up a little bit more. Im not worried at all even if it sits there for 2 years I was think about buying some cds anyways.
40 at $13.20 🙂
You got shares, you’ll be fine unless NVDA announces bankruptcy or something similar
Here you go:
[https://www.reddit.com/r/wallstreetbets/comments/1e7ib6c/what_nvda_will_do_is_what_it_always_does/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button](https://www.reddit.com/r/wallstreetbets/comments/1e7ib6c/what_nvda_will_do_is_what_it_always_does/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
If this NVidia goes below 100. I’m buying for long term.
Own it, don’t trade it. It very likely will go lower because it appears some sort of market correction is going on, but this company has a massive backlog. There will be an optimal exit point, like maybe in 2026 or so when their backlog decreases, maybe even in late 2025. My opinion revolves around the usefulness and productivity increases related to AI. I bought a thousand more shares on this current downturn. Sell calls weekly and just wait for a turnaround, perhaps around 8/28/2024, their next earnings date. This is not investment advice. It’s an opinion. The company could get hit by a nuclear bomb. I have a gambler’s heart and I know that I will die wealthy or poor. It won’t matter then. 🙂
Damn atleast reposition. Damn. Goodjob sir
300 @$122.57