Okay so Nvidia did a 10 for 1 split and dropped. CMG did a 10 for 1 split and guess what… Dropped. Both had a pretty good run up to the split taking effect.
AVGO will start trading at a 10 for 1 split on Monday and also had a pretty good run up lately.
Now I'm no 🌈🐻 but what is this group's regarded thoughts on poots on AVGO? I'm thinking a 10/15 percent drop post split.
EDIT: I'm an idiot and miss the 100-ish dump it took end of week 😂
Posted by Sl4mH4mmer
28 Comments
Nvidia dropped? ![img](emote|t5_2th52|4271)
Nvidia pumped l, but yes it dropped. AFTER it PUMPED
NVDA is still up from pre-split
Nvda dropped from 1200 to 120!!!!
Sideways till next earnings
It’s gonna rocket but if you scared get call debit spreads.. get your break even below 1750..
It’s gonna run up, it already dropped leading to the split
NVDA dropped ? Where ![img](emote|t5_2th52|4267) ? It kept running up from 120 to 140
Buy puts. See what happens ![img](emote|t5_2th52|4267)
Can’t even do options on it… or am I regarded?
NVDA fell…? Which chart are you looking at??
CMG did not do a 10 to 1 split, regard.
Most splits, it will drop for the first few weeks but then it will gradually go up if it’s a good stock like AAPL, AMZN, GOOGL, and NVDA did in the past year
OP slices his pizza in 16ths and thinks he has more.
Calls it is – not very original sorry
i hope avgo corrects a bit. im somewhat confident it will
CMG was 50-1
Nancy always wins!
Split DEEZ NUTZ
Everyone in here is saying puts are a bad idea. Definitely getting a put on Monday lmao
I was thinking of puts (for short term), but I feel like the market at this point is more bullish after all the data that came out , so I think I’ll sit this bet out.
And nvda was one of the stocks everyone said would drop post split because every other company drops. But it didn’t lol
AVGO has actually had a terrible run prior to it’s split. it is down like 150 bucks since last month when they first announced it. Hopefully it will run up with new volume post split.
See you on monday ![img](emote|t5_2th52|29637)
AVGO should not have run as high as it did in the first place, earnings were okay nothing exceptional, most of their upside came from vmware but their other businesses struggled. Definitely dropping and dropping big!
I’m actually thinking of buying shares or maybe LEAPS just after the split…
calls on the “dip”
If I wasn’t poor I’d buy calls, but poor. I’m pretty sure Pelosi has calls still.
Cmg split was 50 to 1