It became the most valuable company in the world just last week. What can be more bullish than that? It doesn’t mean it’s going to keep going up every single day. It’s allowed to sell-off and correct for a bit.
trapboombap on
Market cap…who wants to invest into a 3 trillion dollar market cap for a company with 60 billion annual revenue
sourbreadkid on
This is how ponzi schemes work.
daddydaytradez on
Prepare anoos for ![img](emote|t5_2th52|18632)
AdventurousNinja3383 on
Your calls are fucked 🤣🤣
PaleontologistOwn487 on
Just a little correction, don’t be such pussies 🤪
sitlo on
Because f#ck you, that’s why
Otherwise_Way3347 on
Woah I cant believe it. I put all my money in NVDA calls because someone on reddit told me it goes only up. Now Im doing research on internet for how much I can sell my kidney.
lilwtfwtf84 on
It’s because I bought some on Friday duh 🙄
2QuarterDollar on
Mean reversion
olivefob on
After a certain marketcap, it no longer becomes investing. It becomes buying then selling once suckers pump up the stock.
nerdiestnerdballer on
what u thought number go up forever?
itsnotthatbad21 on
Zoom out
TheBattleGnome on
If a company can go up 1000% in a year, it can go back down 90% in a year too.
Marko-2091 on
Jesus… these people dont know a bear market . It has been 10% after going up 200% F** OFF
Oh, you sell off stuff that’s over extended. In successful trader jargon: “Sell high”
Sherlock-Romes on
Line needs to go down sometimes in order to go back up
WeAreBorg_101010 on
Pretty much same thing happened in April right, pulled back, found support and then almost doubled lol. I’ll be buying this dip. Buy the dips and sell the rips
Memes_Haram on
You ever seen a bear shit in the woods?
Good.
Probably best that you don’t see a bear shit in the woods. It’s not a pretty sight. The thing about bears you see is that they eat a lot and they are therefore full of a lot of shit.
Once that shit starts coming out, it keeps on coming. That’s what we are seeing here.
🌈🐻s shitting themselves and paper handing their shares away.
Kglugenbeel on
Like we don’t know 😉
Slow_Lifeguard_1594 on
Post split dip
Leading_Way6330 on
more bullish consolidation…
Forget-Hype on
It’s cause everyone was hyping up Nvda at 140 and I bought the top from Jensen himself. *
Feeling-Feeling308 on
Overextended sell off? It’s up 140% in 6 months
Optionzdegen on
You’re new here huh ![img](emote|t5_2th52|4275)
Broccoli-of-Doom on
Ah yes, I can’t figure out why the forward PE being 45+ might not be sustainable…
wandering_souI on
You just posting cause you lost some money. Don’t invest if you’re not confident in your investment
MangoTwistedMetal on
People have been waiting years to cash out. It’s now bigger than Apple. So. Everyone is cashing out.
makamaka1 on
so was cisco – experiencing a supply constraint during the dot com mania, everyone wanted a router and 56K modem. then it all went bust overnight. it’s the exact same scenario.
TheBonusWings on
Bc cnbc finally talked enough boomers into buying so insiders could dump
SortedChaos on
Why are you ignoring the ridiculous and massive run up that has happened already? Stock is bound to attract sellers when the price is so high. Runs come in waves.
GraceBoorFan on
Reality is institutions who were loading up bought heavily between 300-800 pre split, and most of the rally on NVDA was fueled by people (retail & institution) slamming calls nonstop forcing MMs to buy shares which caused people to buy more calls, etc creating a positive feedback loop. Once the 5.5T$ (notional value in shares) of calls expired, MMs began unloading all the shares they had to buy, hence, any buying pressure is literally stomped out. Probably aren’t enough buyers at these levels in tandem with other people taking profit on shares they’ve held for months so the price is dropping quickly.
Probably will get downvoted for this, but we probably won’t see any true support till 70-80/share. Not saying the top is in, but we may not see any significant move to the upside for a little bit, probably consolidation for a while heading into next earnings.
Also, retailers who bought the recent highs are now conditioned to continuing buying all the way down and are bagholders in the short term. Not like bagholding Nvidia is a bad thing anyways.
ItzMattOnTheTrack on
It’s not overextended it’s just a normal correction.
At its peak it was about $3.9 trillion market cap. Think about it. If you’re investing to double your money in a timely manner, would you really throw your cash into the most valuable stock in the world? Is it reasonable to expect that they’ll pull in another $4 trillion in value over the next 5 years? Something that’s *never* happened in the history of the stock market? I just don’t think so.
For reference, their market cap is more than Germany’s stock market in its entirety. Same with Englands and Frances.
Imo this correction is normal and it was needed to allow more people to get in. NVDA was too high to be comfortable investing in, or to expect reasonable returns in the near future.
Slaughterhouse63 on
Bro, just close yours calls 😂 do people really expect NVDA to just keep running. You just had a 10:1 split people who held for 10 years are taking profits , insiders taking profits lol. Enter at like $95 😂 chill.
Still amazes me this had a larger market cap than AAPL and there pulling in $90b a quarter (4x the amount of NVDA)
37 Comments
Insanity
I bought a ton of calls so it must go down!
It became the most valuable company in the world just last week. What can be more bullish than that? It doesn’t mean it’s going to keep going up every single day. It’s allowed to sell-off and correct for a bit.
Market cap…who wants to invest into a 3 trillion dollar market cap for a company with 60 billion annual revenue
This is how ponzi schemes work.
Prepare anoos for ![img](emote|t5_2th52|18632)
Your calls are fucked 🤣🤣
Just a little correction, don’t be such pussies 🤪
Because f#ck you, that’s why
Woah I cant believe it. I put all my money in NVDA calls because someone on reddit told me it goes only up. Now Im doing research on internet for how much I can sell my kidney.
It’s because I bought some on Friday duh 🙄
Mean reversion
After a certain marketcap, it no longer becomes investing. It becomes buying then selling once suckers pump up the stock.
what u thought number go up forever?
Zoom out
If a company can go up 1000% in a year, it can go back down 90% in a year too.
Jesus… these people dont know a bear market . It has been 10% after going up 200% F** OFF
Ah the copium is strong with this one
https://preview.redd.it/ybgrw5p7al8d1.jpeg?width=1800&format=pjpg&auto=webp&s=570b6cc6e4b2f6ff8e5be5e704ac62ae0c7345f4
Oh, you sell off stuff that’s over extended. In successful trader jargon: “Sell high”
Line needs to go down sometimes in order to go back up
Pretty much same thing happened in April right, pulled back, found support and then almost doubled lol. I’ll be buying this dip. Buy the dips and sell the rips
You ever seen a bear shit in the woods?
Good.
Probably best that you don’t see a bear shit in the woods. It’s not a pretty sight. The thing about bears you see is that they eat a lot and they are therefore full of a lot of shit.
Once that shit starts coming out, it keeps on coming. That’s what we are seeing here.
🌈🐻s shitting themselves and paper handing their shares away.
Like we don’t know 😉
Post split dip
more bullish consolidation…
It’s cause everyone was hyping up Nvda at 140 and I bought the top from Jensen himself. *
Overextended sell off? It’s up 140% in 6 months
You’re new here huh ![img](emote|t5_2th52|4275)
Ah yes, I can’t figure out why the forward PE being 45+ might not be sustainable…
You just posting cause you lost some money. Don’t invest if you’re not confident in your investment
People have been waiting years to cash out. It’s now bigger than Apple. So. Everyone is cashing out.
so was cisco – experiencing a supply constraint during the dot com mania, everyone wanted a router and 56K modem. then it all went bust overnight. it’s the exact same scenario.
Bc cnbc finally talked enough boomers into buying so insiders could dump
Why are you ignoring the ridiculous and massive run up that has happened already? Stock is bound to attract sellers when the price is so high. Runs come in waves.
Reality is institutions who were loading up bought heavily between 300-800 pre split, and most of the rally on NVDA was fueled by people (retail & institution) slamming calls nonstop forcing MMs to buy shares which caused people to buy more calls, etc creating a positive feedback loop. Once the 5.5T$ (notional value in shares) of calls expired, MMs began unloading all the shares they had to buy, hence, any buying pressure is literally stomped out. Probably aren’t enough buyers at these levels in tandem with other people taking profit on shares they’ve held for months so the price is dropping quickly.
Probably will get downvoted for this, but we probably won’t see any true support till 70-80/share. Not saying the top is in, but we may not see any significant move to the upside for a little bit, probably consolidation for a while heading into next earnings.
Also, retailers who bought the recent highs are now conditioned to continuing buying all the way down and are bagholders in the short term. Not like bagholding Nvidia is a bad thing anyways.
It’s not overextended it’s just a normal correction.
At its peak it was about $3.9 trillion market cap. Think about it. If you’re investing to double your money in a timely manner, would you really throw your cash into the most valuable stock in the world? Is it reasonable to expect that they’ll pull in another $4 trillion in value over the next 5 years? Something that’s *never* happened in the history of the stock market? I just don’t think so.
For reference, their market cap is more than Germany’s stock market in its entirety. Same with Englands and Frances.
Imo this correction is normal and it was needed to allow more people to get in. NVDA was too high to be comfortable investing in, or to expect reasonable returns in the near future.
Bro, just close yours calls 😂 do people really expect NVDA to just keep running. You just had a 10:1 split people who held for 10 years are taking profits , insiders taking profits lol. Enter at like $95 😂 chill.
Still amazes me this had a larger market cap than AAPL and there pulling in $90b a quarter (4x the amount of NVDA)
Massive bearish engulf candle at $140 OB created.
No position, biased opinion. 😂