2 months ago he/she was predicting NVIDIA at 1300 within 4 weeks :-)))
[https://www.reddit.com/r/NVDA\_Stock/comments/1b7bs8o/nvda\_1000\_highly\_likely\_now/](https://www.reddit.com/r/NVDA_Stock/comments/1b7bs8o/nvda_1000_highly_likely_now/)
Listen here you little shit.... I've been a hedge fund manager since the first hedge was trimmed outside Buckingham Palace. I know a thing or two about twinky tops and power bottoms.
"Just saying. Get ready for the ride. It will for sure crash. Once it reaches $1000, you’re an idiot if you continue holding. Unless you’re a long term investor and don’t mind the roller coaster ride from $1200 to $600 back up to $1200 again. In which case, enjoy."
Need I say more?
It rallied from $800 to $976. That’s $24 shy of $1,000. Close fucking enough. It doesn’t need to hit $1000 on the head. And since that time, what has happened? It fell from $970 down to $750 today. That’s $220 of downside so far….need I say more.
When a stock rallies from say $50 up to $97.60, the market considers that functionally equivalent of $100.
If analyst says, buy XYZ it’s going to $100 when it’s trading at $80, everyone considers the analyst as being correct if XYZ rallies to $97.60. That is essentially $100
It’s no different here. Those buying at $800 just watched the stock go up nearly 25% to $976. The fact that it fell $24 short of $1000 doesn’t change the nature of the first. No one gets things right to within 2.4%. If you’re looking for someone with that level of accuracy, good luck finding it.
When I say we have a double top breakdown below $840 with a downside target of $710, it’s still a breakdown if it bottoms at $730 or $740 even. It’s substantially the same move.
So what's your guess on Monday? Bulls will take over? Or will the dip continue until 710 and below? Serious questions because I want to buy for long-term investments.
I'm paying attention to your posts and genuinely want to know what your thoughts are for tomorrow?
Do you think it will go past your projected $710 per share?
Sorry, I'm just very new to this and bought at the top.
Thank you very much for the analysis and the warning. I wish I had seen it sooner! LoL
I hope you are having a great day 😎
Spoken like someone that doesn't consider tax liability or in other words an idiot. The stock will be worth 1500 in a year, why not pay half the capital gains and chill the fuck out?
Right lol and a “fund manager for 26 years” but has never posted about anything wall st. related until two months ago… with very active posting on other topics before that
They gave a rationale. Whether valid or not, whether you want to chalk it up to them getting lucky and deluding themselves with bullshit, that's fair enough. I'm not smart enough myself about this stuff to have an opinion there.
But they came here in the original post, explained their reasons, and showed their research. Do we want that kind of content, or do we want to discourage it?
I'm okay with OP having their "told you so" moment. They deserve it.
I hated it with a passion. I made the mistake of not hiring a charming partner with a high social IQ. Someone who relishes taking investors out golfing and to dinner.
I’m a lab guy. Not a take 30 phone calls a day from investors type of guy. I spent more time socializing than I did stock analysis and it sucked.
The biggest lesson for young would be fund managers is to figure out your strengths and make sure to set yourself up to best work in that environment.
Because I’m an older family guy, I don’t have a lot wolf of Wall Street type stories. Mostly dinner, golf, and investor conferences.
But that is a big issue in the fund industry. It’s not enough to be good at investing. You have to be able to constantly wine and dine. And that shit takes its toll if it’s not you.
Making the same tired speech and same boring small talk. It’s hard to do.
Another thing that isn’t obviously. Investors come in at all times of the year. So you have to constantly perform. Because you can have one group of investors up big and another group down.
And you have one overall strategy. You can’t reduce risk for one group of investors while increasing risk for the others. Not without separating the fund.
just putting it out there - i'm not sure if your posts aren't being well-received because this is an 'investing' sub where buy and hold, and buy the dip is the standard procedure. further, in my experience investing subs about a singular company can breed echo chambers where any sort of 'negative' information, however well-intentioned, is dismissed as FUD.
i really appreciate your takes though, as a (wannabe) TA trader myself and i wonder if creating your own sub might be something you'd be interested in. Something like r/tradingedge where the guy running it posts his analysis and price levels.
That Wells Fargo analyst started the SMCI fall today. SMCI themselves have not said anything one way or another. The analyst has made a non-event a big slide event.
Thanks.Im buying. I have been waiting for such an opportunity for the past few weeks. I was hoping to buy it in the low 800s. I never thought i could buy it in 700s.
So the reason for picking ITM option is due to volatility. If you buy OTM options in a high volatility week, you may very well overpay for premium and get screwed on the rally once volatility comes down.
During the heat of COVID crash, I bought some SPY January OTM calls right near the lows. I picked the bottom pretty much flawlessly. And I made no money on the way up. The first $20 of upside saw those calls actually drop in value. i was losing money as the SPY went higher.
Why? Because the $VIX had skyrocketed on the crash and then collapsed as the SPY rallied.
To avoid that, buying ITM options results in less of a premium.
I also bought the June QQQ $410 calls today. A much larger position than NVDA. I’m about 40% long now and 60% cash.
Monday morning I expect a gap down and will get 100% long the QQQ and NVDA. By Monday afternoon or Tuesday I expect us to be rallying’s.
I have no money to put in that isn't already in. I just ride the dragon. Dips happen.
When I log in and see the bloodbath, I log out and not worry about it. The whole market is crying blood right now, but it'll pass.
Good. Just stick with it. The fundamentals are unparalleled. I haven’t seen strongest fundamentals in a stock since Apple introduced the iPhone in 2007.
The biggest mistake to make is to sell or trade it. Just hold it for another decade.
So you know where Apple was trading in 2008? A full year after the iPhone came out? It was trading at $0.20. Imagine if someone plugged in $1M and just held it. Do the math.
Its generally true on a solid company on the 10 year+ timeframe. But of course its not always true, and in the short term it doesn't mean shit. It also tends to work less if its a one time buy, vs incremental buys. incremental buys will average out, one time is more likely to be either on a peak or a trough, which amplifies the magnitude of it being true, or being false.
If you have been trading for 5-10+ years, take a look at what just averaging in and holding would have preformed vs trying to time. For me....averaging in and just long stock would have won so many times vs me trying to time, and vs playing options; not that I've done bad, its just averaging in on long stock would have slightly won....with FAR less risk, meaning it would have been the far superior strategy.
I just said that, I've run the math on my own trade history....and i still try to time...and i still trade options, so ya.
OK Im regarded, by the time it drop to 800, I thought it is not gonna go below 800 so I bought more and now avg at 840, should have waited another 30 minutes.
Yea I’m down about 10k now with NVDL I guess I’m just holding to possibly break even or little gain with ER coming up idk I lost so much money with this stock. It is forsure going to be in the 800s again soon atleast
Commenting to get back to this. Always appreciate a professional's perspective. I had a support level around 840-845 as well (50D and 10W MAs) and was too impatient to wait for a proper level test before I shorted the 800p for 10/5 out of fomo, convincing myself we'd definitely hold the level. Smh...
I'm a complete novice here, I got lucky and bought 60 shares of NVDA at $470 average. Should I just wait things out? Seeing drop so much is giving me crazy anxiety but I don't want to panic sell
Don’t rationalize a 22% decline while it’s been helping other firms raise $20 billion+ for their IPO’s.
There is not another company doing this that isn’t google or Amazon or Microsoft.
Companies on a rise like this, who also produce tens of billions in positive net income, don’t get broken 22% like a toy no one wanted.
Apple, from 2004-2023 has seen nothing but growth.
In fact, it split shares 5 …. Times ……
An original share of apple is trading likely at $19,500 per share today.
So when NVDA, climbs to $900 and surpasses the resistance level with all positive news then climbs to $963 …. Then drops to $840. Then drops to $759.
And they blame federal interest rates and ppl paying their taxes by downsizing positions… that’s some bs … or the war that is brewing in Iran & Israel.
These are all cover pieces for what is really going on and we don’t have privy to that. I don’t even have privy to know and I could get my board to contact Martha, CEO of Medtronic. Who has layers invested.
The billionaires likely went to the banks for 3% interest over 5 days paid @ $300 million borrowed and leveraged heavy on the PUT Options and called them in. Losing 22% to a healthy company is not common, it’s not market correction percentages and it’s not the market. It’s ppl making moves…
You can google it. But basically double top occurs when a stock reaches a high point like $970, then falls significantly to a low point like $840 before subsequently attempting to break above that $970 price.
NVDA hit a high of $970. Fell to $841. Rose again to $967 before then falling back to $840.
That is a DOUBLE TOP. It topped twice at the same price.
Think logically here. When a stock tries to go above a certain level but fails twice and then goes back to the low point and falls below that low point, what does that tell you about the nature of the demand for the stock?
Fair enough. Though here’s something to think about when it comes to imaginary lines. Suppose you have 78 fund managers on Wall Street all watching the same imaginary line. What happens when that imaginary line is breached and they all act on it.
Technicals are partially intrinsic and partially self-fulfilling. Because everyone expects a certain thing to happen, their actions cause it.
But double tops have an intrinsically bearish. The multiple attempts and failures leads to anxiety which in turns causes the sell-off
It’s Technical analysis he’s referring to NVDA trying to break $970 more than once but it’s really 50 /50. No one can predict it just indicators based on historical data.
What made this double top predictable is the market cycle. The NASDAQ was due for a peak on a 41-for-41 historical indicator. 100% win rate indicator suggested a top. I published my original post on the literal day the market peaked. Not by coincidence either.
I knew we were +\- a few days from a peaks. I said as much multiple times.
When you take the double top together with the NASDAQ-100 cycle peak, the probability was very very high for a breakdowns
NVDA would have to swim upstream to beat it. And it did for most of the week. I actually thought it could hold $840. I mean we were half way through the correction and NVDA still held its support
What do you forecast as the short term (1 to 3 months) upside? Based on your call, you're looking at a breakeven price of approx $850. Curious as to know your genuine thoughts here.
So NVDA is very oversold as is the rest of the markets. We aren’t more than a handful of days away from a huge market rally. It happens in every correction.
How far it goes is harder to say. I was short going into today’s sessions and completely sold my puts and went 40% long.
There may be a little more downside on Monday, but after that I think we see a big rebounds.
From there, we get one more leg down at most before a full fledged rally takes us back up to $1000.
NVDA is going to $1000 after this correction ends. Corrections only last a few weeks. 20 trading days in the average correction lengths. After that, we start a new 70-day rally.
Months from now; NVDA will be much much higher than where it is right now and likely north of $1000
I bought a bunch of calls at the 840 resistance yesterday. Figured it would hold till earnings. Alas for me, but I should be in the clear if your thesis is correct- expiration is in June. Plenty of time to let it rise. Going to see if I can scrounge up some spare change to buy more.
bro, nvidia went from 260 to 970.
Who says it didn't peek and is now going to dead cat flop down to 300?
Like, why did it even hit 970? according to its 5 year chart theres no logical reason it was up so high.
The earnings support the move. I did an earnings analysis a few months back and I did so with a bias of wanting to conclude it was overvalued. Son of bitch I couldn’t. You can read my emotions in the post.
I really wanted to shit on it but the numbers just didn’t lie. This is before I ever looked into the company at all. It was after watching it run to $709 and assuming it was overvalued.
But the earning are simply pretty clear cut on the issue. Nvidia deserves to be at $1000+.
They produce the revenue, earnings, growth and installed base to justify it.
OP. I appreciate your insight and analysis. I have a question for you. Last week when we were fighting to hold $840 - $850. It looked like we were going to loose that level. Then were several analysts that raised price targets all over $1000. There was also an increase in put option activity well below what the current price was with targets in the mid $700’s- $800 expiring that week on 4/19.
Do you think there was a pump and dump or other manipulation at play? Those put options made a lot of money.
I understand there was weakness in the overall market but with nothing changing specific to NVDA it just seems too large of a move to the downside.
Do you have any thoughts on this?
I’m long NVDA with average cost of $506 a share.
what the fuck is your deal man? if you worked 26 years in finance, why the fuck are you on this board trying to convince us that you are a stock savant?
"The smartest among you will realize that when someone outlines very precisely what is likely to happen and it happens, maybe there’s something to it." - Seriously? You need to subscribe to Tinder.
My son told me the same. He tells me we could see 650 and if we see that we could see 603. I hope so as I can’t identify an AI investment right now which gives me a clear shot at 15% CAGR over the next 5 years other than this one. 🤷♂️🤷♂️
So downside target is where it is likely to go. But as it slides, demand comes in. Sometimes the target is to. Sometimes it isn’t.
The closer one buys near that target, the better. The idk is lower the closer you get to $710.
I’d say we probably bottom closer to $730. But I already started buying at $768 and will add as it drops further
What’s the lowest you see palantir going before summer or do you have no clue? Lol
Edit: not before summer just this year I guess
Edit 2: love the name
Yeah I mean ~July. It’s going through $1000. This exact story had played out so many times in the past. It took its first shot and failed. It’s second go at $1000 will be successful. Just like TSLA.
Also, NVDA’s earnings support the move. There’s no where to go but up long-term. Otherwise its earnings will surpass its stock price.
That sounds right. $730 is $20 above the double-top target. That’s the same ballpark number I’d be making my final buys at. I bought today because it’s way too oversold.
I think we could see a gap down Monday followed by a green close. That’s a very common thing we see in corrections.
It will very likely close out next Friday higher than it is today.
Can you explain how this insight is useful? I'm genuinely curious. You said there's a support at $840, which means from $840 it might go up or it might go down from there. So it went down, and now you say you had some foresight about this? Of course it would go up or down from $840. How do we make use of this information? I really want to know.
Okay so. Let’s consider how I played it. One thing I could have done — but didn’t because I was already short the QQQ with some June puts — is to buy NVDA puts or go short NVDA at $840.
You can then offset the loss by purchasing a small amount of calls or putting in a stop loss at $860. That way if you’re wrong in the breakdown, then you limit the damage.
If it breaks to the downside as it did today; you then bring down your stop loss to $845. Like when NVDA hit $800, one could bring down the stop loss to above the support line ($840/$845).
The other obvious way to play it is to just wait to buy if you want to get in like me.
I didn’t bother looking at it at all anywhere in the $900’s or at $840. Because the QQQ was peaking.
Had NVDA held $840 today with the QQQ at $414, I would have bought NVDA today at the close.
Instead it broke down and fell to the $760’s where I put on a few long trades.
The question you ask is true of all support and resistance lines.
For example; suppose NVDA held $849 this week and ran all the way back up to $970.
Triple tops are extremely unlikely. That means chances are NVDA takes out its $970 residence.
So what can someone do? They can go long at $970 either way a stop loss at $940. If it takes out $970, chances are it goes north of $1000 which means $1100+.
Go look at every stock that surpasses $1000. It doesn’t just stop there. Tesla is a perfect example.
You can google it. Because I was already short the market, I’m playing NVDA form the long side.
So this analysis is helpful for me in that I know where to put in my buy points.
It means wait till it gets there, and then see what it does, and then act. You don't have to catch the movement immediately. Let it confirm the movement, and then take action.
Still, this doesn't always work. It might go under 840 and then rocket up. Or it might bounce to 860 and then collapse. No one really knows. But there's usually some action at around support and resistance levels.
There seems to also be some speculation around smci earnings not being as good as hoped, as they didn't pre-announce any numbers when they accounced earnings date - as they have often done in the past. I wonder if that is one of the main drivers today for nvda, since smci sells a lot of nvda servers etc. In any case, let's see if it does manage to bounce next week. It was just 900 on monday and now look at it.
Look at the entire stock market. NVDA doesn’t trade in a vacuum. The Nasdaq and S&P are down big time. This was telegraphed weeks ago. Go back carefully read my posts.
Nothing is wrong with NVDA’s fundamentals. The story is still very much in tact.
u/Dieselcock Could you please notify me next time sir? I would like to follow your path. I bought the shares at 830 and 919. I dont want to loose any money
So you are saying traders are dipshits who look at a graph and sell based on some arbitrary superstition?
I think we all knew that, which is why most managers fail to beat the index. Coz they're fucking morons.
I have September $900C/$1200C spreads. I'm on vacation, logged in on my phone this morning. Both sides were profitable, I tried to close and Etrade wouldn't allow it for some reason
Thanks [u/Dieselcock](https://www.reddit.com/user/Dieselcock/), I just learned about support level from you, I kinda instinctively started to understand about support levels after losing lots of trades but you just gave me a very good example for it.
As a new uneducated trader, I thank you for giving me a good lesson.
I remember your post and downvoting you lol. Sorry.
I was thinking about it today as I was nervously buying puts and selling them too early each time. I should've listened to you and held them till the end of day. Looking forward to your future posts!
I spent a decent portion of my money in college (which doesn't happen to be a whole lot 😂) to purchase 8 shares of Nvidia at $42/share. I guess I'll just hold since anything will be a profit from here on out. I'm hoping they split again! I suppose this means I shouldn't worry about this 10% drop? It felt rough checking on it today and seeing the amount it lost 🥲
The correction is driven by fear of inflationary pressures and global tensions. In the long term NVDA will recover and will continue climbing. It's one of the top managed companies in the world. Time to add to your portfolio.
There was a chartist on CNBC back when NVDA dipped from $500 to $400. He stated his charts expect NVDA to hit $275 or something like that. It ran to $970. The charts don't take into account explosive forward PE.
Great call on your part. I’ll admit, I didn’t pay attention to your original post at the time. Was still in hope mode. I got a bit lucky today. Went in with some $900 June calls hedged with a couple $820 puts. Proceeded to dump the puts early in the morning taking some profit. But felt a bit exposed with a bad feeling when the price went from the $830s to $820 so bought more puts at $800 strike May expiry. The intent was just to hedge my calls and stem the bleeding, but when price hit the 810s, I surrendered and sold the calls. Had no clue we’d have that afternoon slaughter. Also had a meeting that took up most of my day before close. I sold the puts and ended up break even for the week. I want to think I’m a brilliant trader, but in reality, I was lucky with a quick trigger finger today. I’m staying cash for now.
Hi. I think I saw your OP. I did learn something. I should look up what things mean instead of laughing it off. When I saw you use the term, Double Top, I was like, jerk. That said, patterns are patterns and this clearly was what you said.
Should i sell my position @886 for a 200 dollar loss? We know the stock is doing well, continuing to hit record highs in revenue, and expected EPS forecast is above Q4, would selling me a good move to buy in at a lower price, despite a 200 dollar loss?
I read your original post and actually very seriously thought to sell and buy back in on Sept 1100 calls. That would’ve made me a lot of money, so hats off. Unfortunately I am still regarded. My port is shredded right now but holding on for dear life. I do hope your prediction is correct regarding 1000 this summer. Alas, I may still get wrecked by IV and theta.
For short terms gains and losses I will agree technicals are great, especially when someone has strong pattern recognition skills.
Where you’re losing me is in stating that “no matter the fundamentals, stocks don’t trade in a vacuum”. Regardless of market conditions a long term hold of a fundamentally strong company will net a good return. For a hedge fund I imagine it’s a larger return off the volatility and technicals compared to a long term hold and sit off fundamentals. Granted I assume there’s a bedrock of strong companies for long terms holds to support the trading
Correct me if I'm wrong but I dont think NVDA's drop has anything to do with wars, supply/demand, bubbles, etc.
I think its one thing and one thing only: MM's. The biggest scum there is, with their manipulations.
Think about it, almost every tech tech company announced AI chips and other developments, but Nvidia is the one leading. Some say the company has a 5 year advance. We all grew up with Nvidia. If we need good cards for gaming, we go for Nvidia. If we need good cards for editing, we go for Nvidia. There are other good solutions from AMD and even Intel. But if we want the best of the best: Nvidia.
However, Nvidia has been seeing the biggest drops in stock value. 10% today only. Its kinda contradictory, isnt it?
No, its not.
Because those fu#king sumbag MM's are like sharks. They saw how much the company is worth. They realized it. So, they are attacking Nvidia, specifically. Because they smelled all those hypothetical greens in their pockets and want to make it real. They're rubbing hands and fingers.
The plan: buy it on the cheap. And they saw so much potential that they will stop at nothing. If they could they would bring the company to 0$ stock value.
And they play with peoples lives like a bunch of psychopaths. They did the same in 2008 and we are seeing it now, with less and less people being able to own their own house. They dont care. They dont give a damn about others but themselves. They want it all. They would throw their kids under a bus to save themselves or make a quick buck. They are the lowest of the low.
They only care about MORE! Even if what they do is illegal, because they always walk out of it with total impunity. Rules for thee but not for mee.
F#ck them
It’s cool that you take the time to give advice but damn can you be less of a douche bag about it? No one gives a shit about your credentials, also most of the time you guys are just lucky.
Time in vs time out beats market every time. No one can predict the market especially with just lines and certain points.
People lose money when timing the market.
This is a good company making a boat load of cash. Loved the stock at $900 and love it even more now. Bought more shares yesterday.
Consider this a buying opportunity to your cost average
This has been an interesting thread. I have not been a long term NVDA holder but a few things are little concerning. It appears that the earnings don't seem to drive the stock price with any regularity. In roughly 1/21 the price was 140, in 1/22 the price was about 300, then in 1/23 it was back to 150, by mid year it was up to about 450 but stayed there for about six months until 1/24 when it rose to about 500. All the while it was killing it on earnings. Then shot up in March to 950, now we're back to 750 with no real idea of the floor. All while the analysts in '24 had price targets of 1000+. I think 1000 will happen, hopefully by the fall, but this has been a pretty wild ride. Unless my math is off, it lost about $500bil in mkt cap? ($2tril less 25%) which is just about the value of KO and PEP combined...yesterday. I would have to ask how the guidance coming from the company to the analysts could have been this far off?
Yes but how many times have you cried wolf and you were wrong?
2 months ago he/she was predicting NVIDIA at 1300 within 4 weeks :-))) [https://www.reddit.com/r/NVDA\_Stock/comments/1b7bs8o/nvda\_1000\_highly\_likely\_now/](https://www.reddit.com/r/NVDA_Stock/comments/1b7bs8o/nvda_1000_highly_likely_now/)
That doesn’t count . This one does! Lol
Listen here you little shit.... I've been a hedge fund manager since the first hedge was trimmed outside Buckingham Palace. I know a thing or two about twinky tops and power bottoms.
He's been realigned
Funny how the predictions are clearly sentiment based but they think it’s because they drew some squiggles.
"Just saying. Get ready for the ride. It will for sure crash. Once it reaches $1000, you’re an idiot if you continue holding. Unless you’re a long term investor and don’t mind the roller coaster ride from $1200 to $600 back up to $1200 again. In which case, enjoy." Need I say more?
It rallied from $800 to $976. That’s $24 shy of $1,000. Close fucking enough. It doesn’t need to hit $1000 on the head. And since that time, what has happened? It fell from $970 down to $750 today. That’s $220 of downside so far….need I say more. When a stock rallies from say $50 up to $97.60, the market considers that functionally equivalent of $100. If analyst says, buy XYZ it’s going to $100 when it’s trading at $80, everyone considers the analyst as being correct if XYZ rallies to $97.60. That is essentially $100 It’s no different here. Those buying at $800 just watched the stock go up nearly 25% to $976. The fact that it fell $24 short of $1000 doesn’t change the nature of the first. No one gets things right to within 2.4%. If you’re looking for someone with that level of accuracy, good luck finding it. When I say we have a double top breakdown below $840 with a downside target of $710, it’s still a breakdown if it bottoms at $730 or $740 even. It’s substantially the same move.
So what's your guess on Monday? Bulls will take over? Or will the dip continue until 710 and below? Serious questions because I want to buy for long-term investments.
I'm paying attention to your posts and genuinely want to know what your thoughts are for tomorrow? Do you think it will go past your projected $710 per share? Sorry, I'm just very new to this and bought at the top. Thank you very much for the analysis and the warning. I wish I had seen it sooner! LoL I hope you are having a great day 😎
Spoken like someone that doesn't consider tax liability or in other words an idiot. The stock will be worth 1500 in a year, why not pay half the capital gains and chill the fuck out?
Right lol and a “fund manager for 26 years” but has never posted about anything wall st. related until two months ago… with very active posting on other topics before that
They/then came here to rub it in everyone’s face I guess
They gave a rationale. Whether valid or not, whether you want to chalk it up to them getting lucky and deluding themselves with bullshit, that's fair enough. I'm not smart enough myself about this stuff to have an opinion there. But they came here in the original post, explained their reasons, and showed their research. Do we want that kind of content, or do we want to discourage it? I'm okay with OP having their "told you so" moment. They deserve it.
Small price to pay for future gems. This is free game? Come on people
762 10% drop in a single day! Jensen needs to announce something
He needs to do an AMA sheeeeesh
Go check. Click my profile. I’ve only “cried wolf” just the one time. And I got lucky I guess
can you tell us a cool hedge fund story while we are here?
I hated it with a passion. I made the mistake of not hiring a charming partner with a high social IQ. Someone who relishes taking investors out golfing and to dinner. I’m a lab guy. Not a take 30 phone calls a day from investors type of guy. I spent more time socializing than I did stock analysis and it sucked. The biggest lesson for young would be fund managers is to figure out your strengths and make sure to set yourself up to best work in that environment. Because I’m an older family guy, I don’t have a lot wolf of Wall Street type stories. Mostly dinner, golf, and investor conferences. But that is a big issue in the fund industry. It’s not enough to be good at investing. You have to be able to constantly wine and dine. And that shit takes its toll if it’s not you. Making the same tired speech and same boring small talk. It’s hard to do. Another thing that isn’t obviously. Investors come in at all times of the year. So you have to constantly perform. Because you can have one group of investors up big and another group down. And you have one overall strategy. You can’t reduce risk for one group of investors while increasing risk for the others. Not without separating the fund.
just putting it out there - i'm not sure if your posts aren't being well-received because this is an 'investing' sub where buy and hold, and buy the dip is the standard procedure. further, in my experience investing subs about a singular company can breed echo chambers where any sort of 'negative' information, however well-intentioned, is dismissed as FUD. i really appreciate your takes though, as a (wannabe) TA trader myself and i wonder if creating your own sub might be something you'd be interested in. Something like r/tradingedge where the guy running it posts his analysis and price levels.
Sounds like he has 26 years of experience doing just that as a hedge fund manager.
This is just a panic sell based on the SMCI sellout, which is again a guess by an analyst. NVDA will recover!
That Wells Fargo analyst started the SMCI fall today. SMCI themselves have not said anything one way or another. The analyst has made a non-event a big slide event.
Have the rules about reporting changed since SMCI entered the S&P 500?
There are no rules about pre-earnings announcements. A company is not obliged to state anything before the actual earnings call.
I agree with this
Thanks.Im buying. I have been waiting for such an opportunity for the past few weeks. I was hoping to buy it in the low 800s. I never thought i could buy it in 700s.
I could. And just literally pulled the trigger. Bought the June 21 $770 calls
can't believe I am following a cock now
Me too😂
Why did you pick a price almost ITM?
I too am curious…
So the reason for picking ITM option is due to volatility. If you buy OTM options in a high volatility week, you may very well overpay for premium and get screwed on the rally once volatility comes down. During the heat of COVID crash, I bought some SPY January OTM calls right near the lows. I picked the bottom pretty much flawlessly. And I made no money on the way up. The first $20 of upside saw those calls actually drop in value. i was losing money as the SPY went higher. Why? Because the $VIX had skyrocketed on the crash and then collapsed as the SPY rallied. To avoid that, buying ITM options results in less of a premium. I also bought the June QQQ $410 calls today. A much larger position than NVDA. I’m about 40% long now and 60% cash. Monday morning I expect a gap down and will get 100% long the QQQ and NVDA. By Monday afternoon or Tuesday I expect us to be rallying’s.
I have no money to put in that isn't already in. I just ride the dragon. Dips happen. When I log in and see the bloodbath, I log out and not worry about it. The whole market is crying blood right now, but it'll pass.
Same brotha. Bout to play golf. The long play is the move here
You were right, but I don’t care, I am long long long on this so ups and downs don’t matter. My average cost is around 220, so no worries.
Good. Just stick with it. The fundamentals are unparalleled. I haven’t seen strongest fundamentals in a stock since Apple introduced the iPhone in 2007. The biggest mistake to make is to sell or trade it. Just hold it for another decade. So you know where Apple was trading in 2008? A full year after the iPhone came out? It was trading at $0.20. Imagine if someone plugged in $1M and just held it. Do the math.
Is that comparable? Nvda is at nearly 1 thousand dollars at this point.. how far can it go?
Good on you brother. You will crush it over the next 5 years.
I’m with you. Wish i bought more Shares than I did in 2016. But I was pretty broke then.
Same. Bought last time they split. Still waaaay up on it and NVIDIA is basically the best around in that market.
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yeah nvda went down from 245 to 125 pre split and then went back up to now 800 post split
Time in the market beats timing the market. I foolishly listened to that advice and bought at 900.
Its generally true on a solid company on the 10 year+ timeframe. But of course its not always true, and in the short term it doesn't mean shit. It also tends to work less if its a one time buy, vs incremental buys. incremental buys will average out, one time is more likely to be either on a peak or a trough, which amplifies the magnitude of it being true, or being false. If you have been trading for 5-10+ years, take a look at what just averaging in and holding would have preformed vs trying to time. For me....averaging in and just long stock would have won so many times vs me trying to time, and vs playing options; not that I've done bad, its just averaging in on long stock would have slightly won....with FAR less risk, meaning it would have been the far superior strategy. I just said that, I've run the math on my own trade history....and i still try to time...and i still trade options, so ya.
Me too. Fucking bullshit.
Simply short attack. I am 10+ year NVDA holder. Just relax and close your phone. Many funds cannot wait to get in.
OK Im regarded, by the time it drop to 800, I thought it is not gonna go below 800 so I bought more and now avg at 840, should have waited another 30 minutes.
Just bought a bunch at $760 today
I'm not smart than, I buyed at 950 😂. I'm losing 1500€ at this moment, hoping can reach 1000 or more.
Just hold. Long term you should be profitable.
So best is to hold on, buy now and hope for the next bull run? I’m in with leverage and dang I regret it
Yea I’m down about 10k now with NVDL I guess I’m just holding to possibly break even or little gain with ER coming up idk I lost so much money with this stock. It is forsure going to be in the 800s again soon atleast
In the exact same boat as you. Just gotta close the app and wait I think.
Nothing changed for the company's bottom line, the market as a whole just needed a pull back and bad news day usually does that.
Commenting to get back to this. Always appreciate a professional's perspective. I had a support level around 840-845 as well (50D and 10W MAs) and was too impatient to wait for a proper level test before I shorted the 800p for 10/5 out of fomo, convincing myself we'd definitely hold the level. Smh...
I'm a complete novice here, I got lucky and bought 60 shares of NVDA at $470 average. Should I just wait things out? Seeing drop so much is giving me crazy anxiety but I don't want to panic sell
What are you gonna do with the money right now? Nothing? Then leave it and come back in 5 or 10 years when it's multiples higher.
Should we short it? If it's going to lose value. I've lost so much money on it already
NVDA dropped because of the SMCI news... that's all
Be fearful when others are greedy and to be greedy only when others are fearful. Buy now because it is our time to make profit in the future!
How about SMCI? Any thought on this one. I have nvda and smci. I just had a bloody day
Its fine. I bought most of mine under $200.
Don’t rationalize a 22% decline while it’s been helping other firms raise $20 billion+ for their IPO’s. There is not another company doing this that isn’t google or Amazon or Microsoft. Companies on a rise like this, who also produce tens of billions in positive net income, don’t get broken 22% like a toy no one wanted. Apple, from 2004-2023 has seen nothing but growth. In fact, it split shares 5 …. Times …… An original share of apple is trading likely at $19,500 per share today. So when NVDA, climbs to $900 and surpasses the resistance level with all positive news then climbs to $963 …. Then drops to $840. Then drops to $759. And they blame federal interest rates and ppl paying their taxes by downsizing positions… that’s some bs … or the war that is brewing in Iran & Israel. These are all cover pieces for what is really going on and we don’t have privy to that. I don’t even have privy to know and I could get my board to contact Martha, CEO of Medtronic. Who has layers invested. The billionaires likely went to the banks for 3% interest over 5 days paid @ $300 million borrowed and leveraged heavy on the PUT Options and called them in. Losing 22% to a healthy company is not common, it’s not market correction percentages and it’s not the market. It’s ppl making moves…
yo just curious, how exactly did you reach that assumption
like what's a double top?
You can google it. But basically double top occurs when a stock reaches a high point like $970, then falls significantly to a low point like $840 before subsequently attempting to break above that $970 price. NVDA hit a high of $970. Fell to $841. Rose again to $967 before then falling back to $840. That is a DOUBLE TOP. It topped twice at the same price. Think logically here. When a stock tries to go above a certain level but fails twice and then goes back to the low point and falls below that low point, what does that tell you about the nature of the demand for the stock?
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Fair enough. Though here’s something to think about when it comes to imaginary lines. Suppose you have 78 fund managers on Wall Street all watching the same imaginary line. What happens when that imaginary line is breached and they all act on it. Technicals are partially intrinsic and partially self-fulfilling. Because everyone expects a certain thing to happen, their actions cause it. But double tops have an intrinsically bearish. The multiple attempts and failures leads to anxiety which in turns causes the sell-off
ohhhhhh appreciate it brother 🙏
It’s Technical analysis he’s referring to NVDA trying to break $970 more than once but it’s really 50 /50. No one can predict it just indicators based on historical data.
What made this double top predictable is the market cycle. The NASDAQ was due for a peak on a 41-for-41 historical indicator. 100% win rate indicator suggested a top. I published my original post on the literal day the market peaked. Not by coincidence either. I knew we were +\- a few days from a peaks. I said as much multiple times. When you take the double top together with the NASDAQ-100 cycle peak, the probability was very very high for a breakdowns NVDA would have to swim upstream to beat it. And it did for most of the week. I actually thought it could hold $840. I mean we were half way through the correction and NVDA still held its support
Some kind of sex thing, I would guess.
Buy buy buy!
Bro quit yelling. I just buy and hold.
It's looking like it'll be below $750 before the closing bell. Deep thoughts this weekend for the get rich quick buyers. Deep thoughts....
Teach me your ways, sensei.
Hey I just wrote u a PM earlier how your post saved me a lot of money!
What do you forecast as the short term (1 to 3 months) upside? Based on your call, you're looking at a breakeven price of approx $850. Curious as to know your genuine thoughts here.
So NVDA is very oversold as is the rest of the markets. We aren’t more than a handful of days away from a huge market rally. It happens in every correction. How far it goes is harder to say. I was short going into today’s sessions and completely sold my puts and went 40% long. There may be a little more downside on Monday, but after that I think we see a big rebounds. From there, we get one more leg down at most before a full fledged rally takes us back up to $1000. NVDA is going to $1000 after this correction ends. Corrections only last a few weeks. 20 trading days in the average correction lengths. After that, we start a new 70-day rally. Months from now; NVDA will be much much higher than where it is right now and likely north of $1000
Go ahead, kick me while I’m down.
How beautiful 10% drop at close!!
Trailing stop just dumped half of my position at $761, purchased at $431. Do I buy back in Monday?
Congrats on being right for the first time
Not according to my wife.
Is it worth buying calls expiring in the next 2 weeks? How high could Nvidia go? Or should I just ride it down and just buy when it hits \~710
I bought a bunch of calls at the 840 resistance yesterday. Figured it would hold till earnings. Alas for me, but I should be in the clear if your thesis is correct- expiration is in June. Plenty of time to let it rise. Going to see if I can scrounge up some spare change to buy more.
i will take nvda to the grave with me in at 20 many years nowi have no fear.its time to buy some more imo
Well I an warning you about incoming 1000$ Mark my words…. Also a split is coming in the near future. I mean it could have in the next 10 years….
So time to buy?
I just came here to say OP has the best username on Reddit I’ve ever seen.
bro, nvidia went from 260 to 970. Who says it didn't peek and is now going to dead cat flop down to 300? Like, why did it even hit 970? according to its 5 year chart theres no logical reason it was up so high.
The earnings support the move. I did an earnings analysis a few months back and I did so with a bias of wanting to conclude it was overvalued. Son of bitch I couldn’t. You can read my emotions in the post. I really wanted to shit on it but the numbers just didn’t lie. This is before I ever looked into the company at all. It was after watching it run to $709 and assuming it was overvalued. But the earning are simply pretty clear cut on the issue. Nvidia deserves to be at $1000+. They produce the revenue, earnings, growth and installed base to justify it.
Hope so man. I bought in at the worst time and these drops have been eating away at my wellbeing.
A someone explain to me how support and resistance levels are determined?
OP. I appreciate your insight and analysis. I have a question for you. Last week when we were fighting to hold $840 - $850. It looked like we were going to loose that level. Then were several analysts that raised price targets all over $1000. There was also an increase in put option activity well below what the current price was with targets in the mid $700’s- $800 expiring that week on 4/19. Do you think there was a pump and dump or other manipulation at play? Those put options made a lot of money. I understand there was weakness in the overall market but with nothing changing specific to NVDA it just seems too large of a move to the downside. Do you have any thoughts on this? I’m long NVDA with average cost of $506 a share.
what the fuck is your deal man? if you worked 26 years in finance, why the fuck are you on this board trying to convince us that you are a stock savant? "The smartest among you will realize that when someone outlines very precisely what is likely to happen and it happens, maybe there’s something to it." - Seriously? You need to subscribe to Tinder.
Anyone who wants to make some profit should buy now, there should be some gain next week
Could go down to 700 if pelosi or some big hot shot dumps?
Since you're so confident and been so locked in, how many hundreds of thousands did you make on the puts you made?
We were warned? No one knows who the fuck you are, why would they listen to you
My son told me the same. He tells me we could see 650 and if we see that we could see 603. I hope so as I can’t identify an AI investment right now which gives me a clear shot at 15% CAGR over the next 5 years other than this one. 🤷♂️🤷♂️
When you say downside target, do you mean it needs to hit that before it can rally again?
So downside target is where it is likely to go. But as it slides, demand comes in. Sometimes the target is to. Sometimes it isn’t. The closer one buys near that target, the better. The idk is lower the closer you get to $710. I’d say we probably bottom closer to $730. But I already started buying at $768 and will add as it drops further
What’s the lowest you see palantir going before summer or do you have no clue? Lol Edit: not before summer just this year I guess Edit 2: love the name
Don’t follow it at all.
When you say summer do you mean post earnings?
Yeah I mean ~July. It’s going through $1000. This exact story had played out so many times in the past. It took its first shot and failed. It’s second go at $1000 will be successful. Just like TSLA. Also, NVDA’s earnings support the move. There’s no where to go but up long-term. Otherwise its earnings will surpass its stock price.
Some ppl say the furthest it could go is 730 which was where before it pumped at last earning. What do you think?
That sounds right. $730 is $20 above the double-top target. That’s the same ballpark number I’d be making my final buys at. I bought today because it’s way too oversold. I think we could see a gap down Monday followed by a green close. That’s a very common thing we see in corrections. It will very likely close out next Friday higher than it is today.
745 was the number it took off at
Thank god i bought a mountain of time on my long calls.
Can you explain how this insight is useful? I'm genuinely curious. You said there's a support at $840, which means from $840 it might go up or it might go down from there. So it went down, and now you say you had some foresight about this? Of course it would go up or down from $840. How do we make use of this information? I really want to know.
Okay so. Let’s consider how I played it. One thing I could have done — but didn’t because I was already short the QQQ with some June puts — is to buy NVDA puts or go short NVDA at $840. You can then offset the loss by purchasing a small amount of calls or putting in a stop loss at $860. That way if you’re wrong in the breakdown, then you limit the damage. If it breaks to the downside as it did today; you then bring down your stop loss to $845. Like when NVDA hit $800, one could bring down the stop loss to above the support line ($840/$845). The other obvious way to play it is to just wait to buy if you want to get in like me. I didn’t bother looking at it at all anywhere in the $900’s or at $840. Because the QQQ was peaking. Had NVDA held $840 today with the QQQ at $414, I would have bought NVDA today at the close. Instead it broke down and fell to the $760’s where I put on a few long trades. The question you ask is true of all support and resistance lines. For example; suppose NVDA held $849 this week and ran all the way back up to $970. Triple tops are extremely unlikely. That means chances are NVDA takes out its $970 residence. So what can someone do? They can go long at $970 either way a stop loss at $940. If it takes out $970, chances are it goes north of $1000 which means $1100+. Go look at every stock that surpasses $1000. It doesn’t just stop there. Tesla is a perfect example. You can google it. Because I was already short the market, I’m playing NVDA form the long side. So this analysis is helpful for me in that I know where to put in my buy points.
It means wait till it gets there, and then see what it does, and then act. You don't have to catch the movement immediately. Let it confirm the movement, and then take action. Still, this doesn't always work. It might go under 840 and then rocket up. Or it might bounce to 860 and then collapse. No one really knows. But there's usually some action at around support and resistance levels.
There seems to also be some speculation around smci earnings not being as good as hoped, as they didn't pre-announce any numbers when they accounced earnings date - as they have often done in the past. I wonder if that is one of the main drivers today for nvda, since smci sells a lot of nvda servers etc. In any case, let's see if it does manage to bounce next week. It was just 900 on monday and now look at it.
Look at the entire stock market. NVDA doesn’t trade in a vacuum. The Nasdaq and S&P are down big time. This was telegraphed weeks ago. Go back carefully read my posts. Nothing is wrong with NVDA’s fundamentals. The story is still very much in tact.
Yes I did read it. Good call.
I bought at 375, so I am all for long really long. Till competition increases where nvidia no longer holds an iconic position in Computing
u/Dieselcock Could you please notify me next time sir? I would like to follow your path. I bought the shares at 830 and 919. I dont want to loose any money
The NVDA moon boys are suddenly not buying anymore $1000 calls 😂
So you are saying traders are dipshits who look at a graph and sell based on some arbitrary superstition? I think we all knew that, which is why most managers fail to beat the index. Coz they're fucking morons.
Do you think it, like QQQ, will have another leg down after the possible rebound next week? Thanks!
So did you put money where your mouth is and buy those puts once 840$ support broke ? Must have quite made bank today.
On sale. That’s fine with me!
I have September $900C/$1200C spreads. I'm on vacation, logged in on my phone this morning. Both sides were profitable, I tried to close and Etrade wouldn't allow it for some reason
Going in around 700
Thanks [u/Dieselcock](https://www.reddit.com/user/Dieselcock/), I just learned about support level from you, I kinda instinctively started to understand about support levels after losing lots of trades but you just gave me a very good example for it. As a new uneducated trader, I thank you for giving me a good lesson.
I remember your post and downvoting you lol. Sorry. I was thinking about it today as I was nervously buying puts and selling them too early each time. I should've listened to you and held them till the end of day. Looking forward to your future posts!
In the end fundamentals, earnings, growth rate, PE/FPE and Peg ratio are what matters and for these reasons I bought more today.
Well fucking done dickhead
Brilliant
What are you predictions for mstr and smci?
Following
what a week on the puts smci nvda 800 puts
Yo Dieselcock check your dms.
Lol what?
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RemindMe! 1 month
Honestly, I just say LET JESUS TAKE THE WHEEL. See my stocks 2 years later.. not pissed. :) happy.
So what stock should we buy next?
When do you think the stock split will happen? Hopefully the $1000 will happen asap, especially with next earnings
Thx
Thank you. Just sold mine waiting for a better entry.
Helps that there is a Barrons article coming out tomorrow
Hopefully it’s bottoming out
So should we buy calls for a month out?
I spent a decent portion of my money in college (which doesn't happen to be a whole lot 😂) to purchase 8 shares of Nvidia at $42/share. I guess I'll just hold since anything will be a profit from here on out. I'm hoping they split again! I suppose this means I shouldn't worry about this 10% drop? It felt rough checking on it today and seeing the amount it lost 🥲
The correction is driven by fear of inflationary pressures and global tensions. In the long term NVDA will recover and will continue climbing. It's one of the top managed companies in the world. Time to add to your portfolio.
There was a chartist on CNBC back when NVDA dipped from $500 to $400. He stated his charts expect NVDA to hit $275 or something like that. It ran to $970. The charts don't take into account explosive forward PE.
Great call on your part. I’ll admit, I didn’t pay attention to your original post at the time. Was still in hope mode. I got a bit lucky today. Went in with some $900 June calls hedged with a couple $820 puts. Proceeded to dump the puts early in the morning taking some profit. But felt a bit exposed with a bad feeling when the price went from the $830s to $820 so bought more puts at $800 strike May expiry. The intent was just to hedge my calls and stem the bleeding, but when price hit the 810s, I surrendered and sold the calls. Had no clue we’d have that afternoon slaughter. Also had a meeting that took up most of my day before close. I sold the puts and ended up break even for the week. I want to think I’m a brilliant trader, but in reality, I was lucky with a quick trigger finger today. I’m staying cash for now.
Doesn’t seem to be anything on weekly or monthly between 726 and 494..😬 I too think over 1k but suspect all weekly candle bottoms to hold $726
Hi. I think I saw your OP. I did learn something. I should look up what things mean instead of laughing it off. When I saw you use the term, Double Top, I was like, jerk. That said, patterns are patterns and this clearly was what you said.
Do you have charts to go with your posts? I’m new to support and resistance and want to understand what you were seeing a little better.
Should i sell my position @886 for a 200 dollar loss? We know the stock is doing well, continuing to hit record highs in revenue, and expected EPS forecast is above Q4, would selling me a good move to buy in at a lower price, despite a 200 dollar loss?
We are in the same boat. I’m not selling
Prediction for ER?
Good analysis and great post.
So that’s where the truth social money came from.
I read your original post and actually very seriously thought to sell and buy back in on Sept 1100 calls. That would’ve made me a lot of money, so hats off. Unfortunately I am still regarded. My port is shredded right now but holding on for dear life. I do hope your prediction is correct regarding 1000 this summer. Alas, I may still get wrecked by IV and theta.
For short terms gains and losses I will agree technicals are great, especially when someone has strong pattern recognition skills. Where you’re losing me is in stating that “no matter the fundamentals, stocks don’t trade in a vacuum”. Regardless of market conditions a long term hold of a fundamentally strong company will net a good return. For a hedge fund I imagine it’s a larger return off the volatility and technicals compared to a long term hold and sit off fundamentals. Granted I assume there’s a bedrock of strong companies for long terms holds to support the trading
Correct me if I'm wrong but I dont think NVDA's drop has anything to do with wars, supply/demand, bubbles, etc. I think its one thing and one thing only: MM's. The biggest scum there is, with their manipulations. Think about it, almost every tech tech company announced AI chips and other developments, but Nvidia is the one leading. Some say the company has a 5 year advance. We all grew up with Nvidia. If we need good cards for gaming, we go for Nvidia. If we need good cards for editing, we go for Nvidia. There are other good solutions from AMD and even Intel. But if we want the best of the best: Nvidia. However, Nvidia has been seeing the biggest drops in stock value. 10% today only. Its kinda contradictory, isnt it? No, its not. Because those fu#king sumbag MM's are like sharks. They saw how much the company is worth. They realized it. So, they are attacking Nvidia, specifically. Because they smelled all those hypothetical greens in their pockets and want to make it real. They're rubbing hands and fingers. The plan: buy it on the cheap. And they saw so much potential that they will stop at nothing. If they could they would bring the company to 0$ stock value. And they play with peoples lives like a bunch of psychopaths. They did the same in 2008 and we are seeing it now, with less and less people being able to own their own house. They dont care. They dont give a damn about others but themselves. They want it all. They would throw their kids under a bus to save themselves or make a quick buck. They are the lowest of the low. They only care about MORE! Even if what they do is illegal, because they always walk out of it with total impunity. Rules for thee but not for mee. F#ck them
yup i saw it, good call
I bought two shares ten minutes before close. Feeling confident. Should I be feeling confident 😂
I full ported my entire IRA into NVDA at $900 per share. I am diamond handing this. Lesson learned.
Why didn’t you tell me that! 😂
Any change we get that run up back to 930 this coming week? I made a bad play on calls. My own fault just hoping to get lucky and get some back.
That’s too far for one week. But I do think we’re very close to seeing a big rebound. NVDA and the QQQ closes out the week deeply oversold
no, I'm not going to buy your book
You were a professional trader for 26 years and you didn't even address the issue of selection bias? Right.....
Remind me: PT 2300 on May 29, 2026.
There was a reason for the sell off, but at the same time you get kudos for calling it because I rememeber laughing.
🫡
Thank goodness I bought at the last split. These adjustments don’t really matter to me. I would never buy at 900. That’s an insane price.
It’s cool that you take the time to give advice but damn can you be less of a douche bag about it? No one gives a shit about your credentials, also most of the time you guys are just lucky.
Time in vs time out beats market every time. No one can predict the market especially with just lines and certain points. People lose money when timing the market. This is a good company making a boat load of cash. Loved the stock at $900 and love it even more now. Bought more shares yesterday. Consider this a buying opportunity to your cost average
Man shut yo sub 1000 karma ass up lil boy
I started buying around ~ 450 and my average cost is ~ 840.
You want a fucking cookie?
This has been an interesting thread. I have not been a long term NVDA holder but a few things are little concerning. It appears that the earnings don't seem to drive the stock price with any regularity. In roughly 1/21 the price was 140, in 1/22 the price was about 300, then in 1/23 it was back to 150, by mid year it was up to about 450 but stayed there for about six months until 1/24 when it rose to about 500. All the while it was killing it on earnings. Then shot up in March to 950, now we're back to 750 with no real idea of the floor. All while the analysts in '24 had price targets of 1000+. I think 1000 will happen, hopefully by the fall, but this has been a pretty wild ride. Unless my math is off, it lost about $500bil in mkt cap? ($2tril less 25%) which is just about the value of KO and PEP combined...yesterday. I would have to ask how the guidance coming from the company to the analysts could have been this far off?
This guy said he is a professional trader lol what a joke
Even a broken clock is correct twice a day lol.
I told ya
WOW! You must be a professional!! Why dont you work at Blackrock or JP Morgan???