kinda srs
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05-14-2024, 01:47 PM #1
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05-14-2024, 01:49 PM #2
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05-14-2024, 01:50 PM #3
Continued holding onto my "last attempt" of making my portfolio climb.
If I see $1k+ I'll probably sell. Banking on NVIDIA doing a stock split announcement in the (very) near future, and also a successful 5/22 ER.i7-14700k
360mm AIO Liquid Cooler (Maingear)
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2TB Samsung 990 Pro
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Everything I write is NOT financial advice.
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05-14-2024, 01:55 PM #4
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05-14-2024, 01:56 PM #5
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05-14-2024, 01:59 PM #6
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05-14-2024, 02:01 PM #7
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05-14-2024, 02:03 PM #8
- Join Date: Mar 2017
- Location: Ohio, United States
- Age: 39
- Posts: 8,966
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i dunno brah i heard like half the misc is ceo 10k/day
srs question what do u think thats gonna do to their share prices besides what cut then in half? & then the plan is for them to eventually run up to what they are now
mirin hard man
u doing anything other than buy n hold & some occasional selling at a profit?Bills crew / Bud Light crew / extra onion crew / M&P crew / lcp2 crew / ap3 crew / Trump crew / mcdonalds app crew / cat-owner crew / Tin Cup crew / self-checkout crew / country music crew / RIP snails crew
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05-14-2024, 02:06 PM #9
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05-14-2024, 02:14 PM #10
So there's the literal component of the fact that the share price gets severed and share volume gets multiplied. Half is unrealistic btw, the previous split in 2021 at $600 price point was a 4:1. Might be the same or higher next time around.
But what a stock split enables is for more people to be able to buy their shares. Buying $300 of NVDA right now gets you a little over 0.3 shares. If it splits by 6 for example you'd have 2 shares. AKA it makes it more accessible to investors, the psychology of the investor is favorable when they can buy "5 nvidia shares" instead of "0.5", even if it's the same thing. Some brokers don't support fractional shares btw. But beyond that... as CEO of NVIDIA said, he's a fan of them because it means more share volume/liquidity to benefit their employees via stock reward plans.i7-14700k
360mm AIO Liquid Cooler (Maingear)
4080 SUPER Founder's Edition
2x16GB 6000mhz DDR5 CL30
2TB Samsung 990 Pro
Corsair GA 850W Gold
MSI PRO Z790-A WIFI
Everything I write is NOT financial advice.
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05-14-2024, 02:18 PM #11
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05-14-2024, 02:23 PM #12
Depends on you as a trader, if you're long term then why ever sell till you retire in the first place? lol.
If you're all about the "buy the rumor sell the news", then this is a clear example. Buy a position favorable for a hype train centered around the rumor of a stock split (or successful ER for that matter). Sell after the news props the stock up, before a drop. If you let FOMO guide you then you'll potentially be a bag holder.i7-14700k
360mm AIO Liquid Cooler (Maingear)
4080 SUPER Founder's Edition
2x16GB 6000mhz DDR5 CL30
2TB Samsung 990 Pro
Corsair GA 850W Gold
MSI PRO Z790-A WIFI
Everything I write is NOT financial advice.
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05-14-2024, 02:24 PM #13
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05-14-2024, 02:26 PM #14
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05-14-2024, 02:26 PM #15
The reason I would sell is because I'm sick of living in an apartment and seeing 6 figures in my investment accounts. About time I buy a house, always had the goal of having one before age 30. Then I'd take a break from the stock market (not including retirement accounts), and then come back in hopefully after a major dip from a market crash or bad news.
i7-14700k
360mm AIO Liquid Cooler (Maingear)
4080 SUPER Founder's Edition
2x16GB 6000mhz DDR5 CL30
2TB Samsung 990 Pro
Corsair GA 850W Gold
MSI PRO Z790-A WIFI
Everything I write is NOT financial advice.
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05-14-2024, 02:31 PM #16
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