i was busy shorting the stonk market this morning...bears are getting laid today!
NVDA will blow away earnings !
- Thread starter Anglo_pride
- Start date
i was busy shorting the stonk market this morning...bears are getting laid today!
So why are commenting on NVDA, if you are short sumtim else?
Odds of a major geopolitical event going forward in the next 12 months, whether any manifest or not, are certainly high, and that fear alone will also serve to drive the sector.
It doesn't take much of an imagination to see a U.S. enemy pulling some bs stunt going into what I am certain will be one of the most colorful elections of our time. That, and despite all the hype, our economy is still incredibly fragile. Our adversaries know damn well it wouldn't take much to shake the house of cards.
If I was managing millions of dollars of OPM, you can bet I'd be going light on tech, and putting that money into the energy sector. I think it's gonna run.
But, who knows. jmho as always
because the op created this thread and i want to know if he traded nvda for earning play. just want to see if he talk the talk and walk the walk.
%%
SURE/
cure for sure \on buying much value, average less profit.
CAN average less loss , but oil + gas is so hated , most likely do almo$t as good as tech over 3 years.
10 years\tech stocks + tech ETFs most likely do a lot, much better.
NVDA =100% buy on barchart/QLD has 3.00 +/% + /NVDA+ 3% T bills. [NOT in QLD now but good trade earlier in week...................................................
'
One lady asked is that 3% +1% NVDA ??\NO its 3% more or less LOL
NY_Hood just desperate for any attention at all.
%%
LOL I do buy before earnings\ but its SQQQ or QLD ................. not in those now.
Adding to the complexity not sure SQQQ has NVDA in it \QLD does.
SCHW broker[chicago] premarket, in answer to my question ''many buyers thi$ week ??'' He ignored that exact question/maybe SEC regs+ instead ,said he got a lot of calls on NVDA.
With 20\20 hindsight should have asked , calls more than putsLOL or buyer /telephone calls on NVDA/LOL
Almost scaled start in with fractional shares NVDA, but did something else.......
Doesn't answer many questions but a bit of insight:
In an interview with my colleague Evie Liu last month, Wood talked about selling Nvidia. In our conversation, Wood expanded on that and spoke about the AI potential at other companies.
Wood: “Over the next five years, we think [Nvidia is] in a beautiful position with the picks and shovels. But everyone knows it and it is valued accordingly. On this year’s revenue, it is somewhere in let’s say the 25 to 27 times sales range, depending on one’s estimate.”
“Tesla (TSLA) is the biggest AI opportunity out there. It is the biggest artificial intelligence project in the world when it comes to autonomous taxi platforms. And it is selling for roughly, seven times, maybe it’s six times revenues now. So that’s a very good example and even, we think, the best example. But other software plays would include Twilio (TWLO), which is selling at two to three times and Zoom (ZM), which is selling at roughly three times sales. And these companies have either very high gross margins like Zoom, 80%, or they have low gross margins now, like Tesla does in the 20s, but they will be rising because of the SAS-like model that is evolving for Tesla. They will rise from the 20s into what we believe is the 50s and 60s, [which is] not at all expected out there.”
Other AI plays mentioned in ARK’s paper include UiPath (PATH) which uses AI to automate business processes, as well as private companies like Replit, MosaicML, and Anthropic.
I don't claim to be smart lol, a million miles from it. That said, when I feel certain stuff, I always share it on et.
From January 2020... I think split adjusted, TSLA was $40ish:
: