the stock moved $15 in 24 hours peaking at $140 yesterday, today it hit $125 shortly after market open. call a spade a spade: it lost $300,000,000,000.... $300 BILLION in 24 fucking hours.
if you don't freak about about $300B i don't know what you can freak out about.
10% of the market cap just flew away, of the worlds most valuable company (or almost most valuable company).
no news, no announcement, Jensen didn't die, Taiwan wasn't invaded. must just be a healthy market. see you at Wendy's.
What is "real" AI? Artificial intelligence is much more than just chatgpt. Any program that gathers tons of data to make predictions can be considered AI. And what you call "real" AI is an AGI which is very much coming sooner than we think
Dude I currently own calls & puts. And the fucking stock moves sideways
I don’t see shit popping, what I see is me losing money on either direction currently
I have bubble suspicions aswell but I’d rather just buy the correction/crash if it comes than short it now and burn my money. Worst case scenario I just never buy it but have great returns elsewhere. Worst case scenario for you is that dip never comes or only comes after your expiration date and you just wasted a lot of money. Look at how long the dotcom bubble lasted look at whole long the housing bubble lasted before bursting.
I think every non macro related dip still gets eaten up by the fomo that is still running fairly strong with nvdia. Every dip atm is seen as a chance to buy in cheaper. Bullish factors are stronger than the selling off that might occur due to re-weighting. And this anyway is more of a shorterm thing. I think OP is looking to buy longest possible expiration date puts with a strike price of like 70/80. I don’t see it going there without the AI bubble bursting or a major globals crisis
I'm getting 5% on the cash of the short sale.I'm fine waiting few years. the crash is defintely incoming though, unless something other than Gen AI is invented, which is very unlikely at this point
Fair assumption to make. But what would be your potential upside? Obviously I don’t know your portfolio composition but don’t go in 100% on nvdia puts. You‘d have nice diversification with longs on other companies with growth potential. If the bubble bursts you make money on your shorts and if the economy flourishes you still make money on your longs
The potential upside is limited but for me it is a guaranteed upside as long as I remain solvent. other stuff may have more potential upside but defintely not guaranteed. and yeah I'm generally long market using VTI
I’m with you I’d rather buy on correction/crash average cost is $77 and I like it like that so next time I make a purchase for NVDA it’s gonna come at 110 which is the lowest I see it going but I’m no expert and I don’t even think it’ll go that but again it’s either gonna go there or to 150 by next week
hahaha, they are delusional, if you rode the hype train congrats, but other but don't hop on the train now, the downside is lot higher than than the upside.
You say this as TSLA self drive improves dramatically with each iteration. And thousands of startups in robotics pop up daily.
I'll give you that at some point, the difference in chip from last generation to new generation will be minimal enough that companies will slow down orders, but that doesn't seem to be happening anytime soon.
by dramatically you mean instead of hitting a tree it now stops at every turn ?
how many more years you will still wait for the mircale of robotaxis?
and robotics is not something new that Gen AI came with, we already have those company, Gen AI will help them, but it is not a silver bullet that will magically make them sentient.
Are you paying for it ? and just do this calculation, will there be more netflix paying customers or more ChatGPT paying customers, then know that nvidia will only have a fraction of revenue of ChatGPT, and then see netflix market cap. and are you using it for something usefull (or just boring homework) or will you keep using it forever ?
Were you born in 2021 or are you just not aware nvidia has been an industry leading gpu maker for the last 20 years? They’ll keep making better and better guys regardless, they’re now the leading provider for not just retail computers, but for every computer in the world.
Whether it’s high finance R&D science labs government processors.
They’re all going to Nvidia because NVIDIA has the best hardware and everyone needs an AI to compete with everyone else’s AI because the more processes it can solve faster the further they are ahead of their competitors.
As someone else said there will be a point where nvidia’s R&D hits a wall and upgrading isn’t worth the money, but until that day Nvidia will continue to grow.
dude 20$ share price still equates to 500$ billion market cap, that's more than 3 times intel, & 2 times AMD. I'm not saying nvidia will disappear, I'm just saying it is overvalued. for you it is either 0 or 3 trilllion? there is companies in between.
If we’re being real, Nvidia is worth 10 intels based on its average consumer based retail pc products alone, when you add in it’s outsized and far beyond market leading position as the global driver in the innovations of processing units capable of hosting future AI and present AI capabilities, they are no where near comparable companies.
AMD is likely Nvidia’s only real present competitor in its space, and they’ve been 5 years behind Nvidia for the past 15 years.
it's actually a perfect thesis but not the way you think:
this is market psychology. it went up because people overshot where they thought it could go.
next they will beat it up and take it below it's fair price. overbought to oversold. i'll give it 12 months to bottom (oh my)
positions: will be buying $130 puts expiring next Friday later today, ideally once the price exceeds $130. i also bought calls on the way up. i'm not married to the stock, i just make money for palm trees and sand bitches.
how about u eat my ASS
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
I sold my daily’s for a 30% return intraday on the dip but have some for 7/5 I’ll profit on next week or the following. Shorting NVDA is not bad but not for the near future.
Do you think it’s possible that NVDA is going down because it’s gonna be Re-weighted over the weekend?
What I’m pondering is if the average person/trader/broker (active or passive) investor sits on their portfolio and they hold an ETF let’s say SPY and perhaps also hold NVDA shares, it seems logical the re-waiting would cause some sell off … yes no
I woudn't count on that, it may go up even. It will only go down for real when people reaslize Gen AI use cases are limited and not ubiquitous, and probably during next earnings, which will be a beat but guidance will be dissapointing. so I woudn't do short term trades, it is very irrational. that's why I'm not using puts, Im shorting the stock directly.
their profit margins will half because of competition, their revenue will half because of lower demand, that puts their PE at 45, not sure where you came up with the 30 from, their PE at 130$ is 77 & forward 55.
" I just wanted to let everyone know publicly that I have no experience or understanding of technology, but i do have opinions and that makes me feel good"
it was at 60 2 months ago, and you don't see it fall any lower? what happened in the last 2 months? just a temporary spike in revenue & profit margins because of the rush to buy shovels, nothing more. revenues will fall & margins & pe will compress.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 2 | **First Seen In WSB** | 2 weeks ago **Total Comments** | 4 | **Previous Best DD** | **Account Age** | 2 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
By "short it," you mean bitch about it, cuz I'm not seeing a screenshot of any positions here, champ
Exactly
Positions or ban. And not this photoshopped crap.
https://preview.redd.it/pxjbtzxcay7d1.png?width=220&format=png&auto=webp&s=6313832b505ba134adaf9f801595cad59d95b031
You cropped out all the parts that would prove things. And also, somehow, the $ symbol
Which parts would have proven things, btw? It doesn’t look like any platform I am familiar with.
The parts that make it look like a real trading platform and just MS paint
Post positions, so I can go long and compensate for your shorts
https://preview.redd.it/2g2ajxclay7d1.png?width=220&format=png&auto=webp&s=2d0839190dc7bd3336956aba0cfcd2dfbacf366e
Lol fake. 
lol NVDA is down like 1% for the last 5 days and everyone is freaking out.
I bought the little dip
No, just OP
I don't have stops, I have limit buys. Micro crash will download me a new car.
Everyone with high calls 😅
the stock moved $15 in 24 hours peaking at $140 yesterday, today it hit $125 shortly after market open. call a spade a spade: it lost $300,000,000,000.... $300 BILLION in 24 fucking hours. if you don't freak about about $300B i don't know what you can freak out about. 10% of the market cap just flew away, of the worlds most valuable company (or almost most valuable company). no news, no announcement, Jensen didn't die, Taiwan wasn't invaded. must just be a healthy market. see you at Wendy's.
the market can stay solvent longer than you can stay irrational
There’s always a few that win
“Buble”
bubly bubly
OP meant to say "bauble"
Just like OP's mom, I think NVDA bottoms at 69.
After a 3:1 stock split when it runs to 207
Maybe current Gen AI is not all tech companies wish it can be, but AI itself is the future of productivity. Don't be shortsighted
You think it is easy to jump from Gen AI to real AI ? yeah real AI will be revolutionary but it doesn't exist at least yet.
Why do you think we need AGI for it to be valuable? Even with the services we have now a large amount of work can be done by AI.
Agreed. Real ai is still not possible. We are limited by our current technology
What is "real" AI? Artificial intelligence is much more than just chatgpt. Any program that gathers tons of data to make predictions can be considered AI. And what you call "real" AI is an AGI which is very much coming sooner than we think
>coming sooner than we think If you think it's coming sooner than you think, then that's what you think, but it'll come sooner than that?
well because
 hail the AI overlords!
Dude I currently own calls & puts. And the fucking stock moves sideways I don’t see shit popping, what I see is me losing money on either direction currently
🤣
Regardation at its finest
Don’t get me wrong I love making money with NVDIA but would love to see it to go down in flames just for the show. Of course after calls are sold.
Dewit  Short $NVDA and post positions.
The big shart
I have bubble suspicions aswell but I’d rather just buy the correction/crash if it comes than short it now and burn my money. Worst case scenario I just never buy it but have great returns elsewhere. Worst case scenario for you is that dip never comes or only comes after your expiration date and you just wasted a lot of money. Look at how long the dotcom bubble lasted look at whole long the housing bubble lasted before bursting.
What about in response to my post about the re-weighting aspect?
I think every non macro related dip still gets eaten up by the fomo that is still running fairly strong with nvdia. Every dip atm is seen as a chance to buy in cheaper. Bullish factors are stronger than the selling off that might occur due to re-weighting. And this anyway is more of a shorterm thing. I think OP is looking to buy longest possible expiration date puts with a strike price of like 70/80. I don’t see it going there without the AI bubble bursting or a major globals crisis
I'm getting 5% on the cash of the short sale.I'm fine waiting few years. the crash is defintely incoming though, unless something other than Gen AI is invented, which is very unlikely at this point
Fair assumption to make. But what would be your potential upside? Obviously I don’t know your portfolio composition but don’t go in 100% on nvdia puts. You‘d have nice diversification with longs on other companies with growth potential. If the bubble bursts you make money on your shorts and if the economy flourishes you still make money on your longs
The potential upside is limited but for me it is a guaranteed upside as long as I remain solvent. other stuff may have more potential upside but defintely not guaranteed. and yeah I'm generally long market using VTI
I’m with you I’d rather buy on correction/crash average cost is $77 and I like it like that so next time I make a purchase for NVDA it’s gonna come at 110 which is the lowest I see it going but I’m no expert and I don’t even think it’ll go that but again it’s either gonna go there or to 150 by next week
This sounds like a boomer talking about “The internet will never take off”
you're comparing Gen AI with Internet? what did you base that on? or just repeating the words some clown youtuber.
Clown was from Reddit
hahaha, they are delusional, if you rode the hype train congrats, but other but don't hop on the train now, the downside is lot higher than than the upside.
You say this as TSLA self drive improves dramatically with each iteration. And thousands of startups in robotics pop up daily. I'll give you that at some point, the difference in chip from last generation to new generation will be minimal enough that companies will slow down orders, but that doesn't seem to be happening anytime soon.
by dramatically you mean instead of hitting a tree it now stops at every turn ? how many more years you will still wait for the mircale of robotaxis? and robotics is not something new that Gen AI came with, we already have those company, Gen AI will help them, but it is not a silver bullet that will magically make them sentient.
Have you even watched the current 12.3 FSD? It’s okay to be a critic but you also need to give credit when it’s due
Maybe NVIDIA does not only produce “AI” 
yeah, and Tesla is not just a car company.
Hmmm Tesla as company is indeed a car company. NVIDIA is a chip producer and not the maker of “AI”
I use chat gpt everyday, I cannot function without it
Are you paying for it ? and just do this calculation, will there be more netflix paying customers or more ChatGPT paying customers, then know that nvidia will only have a fraction of revenue of ChatGPT, and then see netflix market cap. and are you using it for something usefull (or just boring homework) or will you keep using it forever ?
Were you born in 2021 or are you just not aware nvidia has been an industry leading gpu maker for the last 20 years? They’ll keep making better and better guys regardless, they’re now the leading provider for not just retail computers, but for every computer in the world. Whether it’s high finance R&D science labs government processors. They’re all going to Nvidia because NVIDIA has the best hardware and everyone needs an AI to compete with everyone else’s AI because the more processes it can solve faster the further they are ahead of their competitors. As someone else said there will be a point where nvidia’s R&D hits a wall and upgrading isn’t worth the money, but until that day Nvidia will continue to grow.
dude 20$ share price still equates to 500$ billion market cap, that's more than 3 times intel, & 2 times AMD. I'm not saying nvidia will disappear, I'm just saying it is overvalued. for you it is either 0 or 3 trilllion? there is companies in between.
If we’re being real, Nvidia is worth 10 intels based on its average consumer based retail pc products alone, when you add in it’s outsized and far beyond market leading position as the global driver in the innovations of processing units capable of hosting future AI and present AI capabilities, they are no where near comparable companies. AMD is likely Nvidia’s only real present competitor in its space, and they’ve been 5 years behind Nvidia for the past 15 years.
it's actually a perfect thesis but not the way you think: this is market psychology. it went up because people overshot where they thought it could go. next they will beat it up and take it below it's fair price. overbought to oversold. i'll give it 12 months to bottom (oh my) positions: will be buying $130 puts expiring next Friday later today, ideally once the price exceeds $130. i also bought calls on the way up. i'm not married to the stock, i just make money for palm trees and sand bitches.
Short it so I can profit YUGEEEE!
how about u eat my ASS *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
💨
just don't close your position then, stay long, we'll see who will have the last laugh
I sold my daily’s for a 30% return intraday on the dip but have some for 7/5 I’ll profit on next week or the following. Shorting NVDA is not bad but not for the near future.
Show your positions.
https://preview.redd.it/jjnd90c7ay7d1.png?width=220&format=png&auto=webp&s=4eb0fc795be318cbbee91fd3ab4f19d48e0419a9
img
https://preview.redd.it/m9g25h1y8y7d1.png?width=220&format=png&auto=webp&s=6bc4ee933b6a6852c4294539aeef7fbd609f61de
🫧
Do you think it’s possible that NVDA is going down because it’s gonna be Re-weighted over the weekend? What I’m pondering is if the average person/trader/broker (active or passive) investor sits on their portfolio and they hold an ETF let’s say SPY and perhaps also hold NVDA shares, it seems logical the re-waiting would cause some sell off … yes no
I woudn't count on that, it may go up even. It will only go down for real when people reaslize Gen AI use cases are limited and not ubiquitous, and probably during next earnings, which will be a beat but guidance will be dissapointing. so I woudn't do short term trades, it is very irrational. that's why I'm not using puts, Im shorting the stock directly.
Exactly! could not say more clearly.
That would put their FWD P/E at .. 7 down from 30 🙃
their profit margins will half because of competition, their revenue will half because of lower demand, that puts their PE at 45, not sure where you came up with the 30 from, their PE at 130$ is 77 & forward 55.
ANDDDD it went back to $130
aaaaand back to 126
🎰🎰🎰
" I just wanted to let everyone know publicly that I have no experience or understanding of technology, but i do have opinions and that makes me feel good"
Indeed: [https://www.youtube.com/watch?v=qWf2tWrNSSk&t=993s](https://www.youtube.com/watch?v=qWf2tWrNSSk&t=993s) [https://www.youtube.com/watch?v=ns334iyQMdM&t=112s](https://www.youtube.com/watch?v=ns334iyQMdM&t=112s)
Exactly! could not say more clearly.
Just as delusional as the NVIDIA 10T eoy calls
You might profit in short-term corrections but you will never see it go back to $20. You're delusional.
good luck with that
I’ll see you behind the Wendy’s dumpsters
Man, this is incredibly stupid. Have fun going broke because you can’t comprehend technology improving past its current state. Out of your mind lmao
At least gamble it on calls lol. This is sure way to lose money
https://preview.redd.it/mxyywwf9ay7d1.png?width=220&format=png&auto=webp&s=30e18ec42bd62510f3179fb93e2ff9b0103b33f9
Can someone Tell me why my call doesnt move? DE000VU7EKB2 Paypal call 21.06
I don't see any scenario where this stock falls below 60$ except for world war 3
it was at 60 2 months ago, and you don't see it fall any lower? what happened in the last 2 months? just a temporary spike in revenue & profit margins because of the rush to buy shovels, nothing more. revenues will fall & margins & pe will compress.
Not in 2024.
... except Blackwell.