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sherkahn
Diamond Bar, SGV, LA, CA
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Today in stocks: Nvidia
Aug 25 2023 12:21AM more by sherkahn
Tags: Current Events

Fuck me.

i keep kicking myself for not buying more Nvidia stock back at the start of summer when it was going down. Today’s nvidia news has the chip maker’s stoke rising, and it's looks like it will keep going up.
Attached Links
Money money money
      
There are 36 comments on this blog.
Nacraman
Santa Barbara, Central Coast, CA
87 blogs/3142 comments
since Feb 21 2009

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Aug 25 2023 02:07AM     link to this

FOMO much, don't worry Powell will put a damper on everything tomorrow at Jackson Hole 💹💸
GoBallsDeep
Fullerton, OC, CA
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Aug 25 2023 09:56AM     link to this

Dammit!
Knowing that GG is always wrong, should've been looking for this post at the top and sold my boatload at $500.

PocketAcesMatt
San Diego, CA
1 blogs/167 comments
since Jun 11 2023

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Aug 25 2023 10:06AM     link to this

P/E ratio 109.91 lol
GoBallsDeep
Fullerton, OC, CA
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Aug 25 2023 10:11AM     link to this

Wrong measurement to use, in this case.

PocketAcesMatt
San Diego, CA
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since Jun 11 2023

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Aug 25 2023 10:18AM     link to this

lol educate me. What should I be looking at besides P/E ratio?
lapierre
Seal/Sunset Beach, OC, CA
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Aug 25 2023 10:27AM     link to this

i have NEVER looked at P/E when buying a stock

by example, I bought apple in 1999
sold when the dude died, should have kept it but oh well - had a great run.

I bought Nvidia when it was around $40 per share
GoBallsDeep
Fullerton, OC, CA
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Aug 25 2023 10:32AM     link to this

The 25 best performing stocks between 1995 and 2005 had an average PE ratio of 33x.
This is VERY typical of high performance stocks............to have high P/E ratios at the start of a run

Take a look back at NVDA..........

April 2020 PE 55x
July 2020 PE 78x
Oct 2020 PE 82x

NVDA went from 70 to 335 from April 2020 to Dec 2021 or almost a 5 bagger


Jan 31 2023 PE 112x

NVDA went from $195 to $500 and now has a lower PE ratio than it did before the start of that run..........2 1/2 bagger

P/E ratio is a faulty measurement to use with high octane stocks
But, good luck to you with your plan.

TomTraubert
Marina Del Rey, LA, CA
125 blogs/2159 comments
since Jan 14 2018

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Aug 25 2023 10:45AM     link to this

Shitcan probably still watches Cramer lol
PocketAcesMatt
San Diego, CA
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Aug 25 2023 11:05AM     link to this

@GoBallsDeep,
I can't argue with that. But how can you tell a stock is " high octane"?
I assume TSLA is(was?) one of those stocks.
I'm very risk-averse, so I usually just stay away from anything that has alot of hype around it with a high P/E ratio like NVDA. In my opinion NVDA is riding the AI hype.

@Tom
lol Cramer
No joke, but there's an Inverse Cramer ETF that's been doing pretty well recently

Attached Links
https://www.marketwatch.com/investing/fund/sjim
sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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since Apr 27 2008

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Aug 25 2023 11:44AM     link to this

Tom reads the “tea leaves” in the bathroom of the gay bar where he just got gang banged, to see if the I'm stains dripping from his holes will tell the future.

Here’s your tip for the day, Tom. Invest in anal lube companies, you spend so much on it yourself, might as well make some money back.
sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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since Apr 27 2008

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Aug 25 2023 11:44AM     link to this

Back on topic: yikes, the Fed is not being gentle about rates.
TomTraubert
Marina Del Rey, LA, CA
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Aug 25 2023 11:50AM     link to this

Here boy. Sit boy. That's a good boy Shitcan.
sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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since Apr 27 2008

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Aug 25 2023 12:03PM     link to this

You know your command well.
Who is dirty bitch? Huh? Who?

Tom is a bitch.
Roll over.
Offer your ass and mouth to homeless trannies.
Bitch.
TomTraubert
Marina Del Rey, LA, CA
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Aug 25 2023 12:27PM     link to this

So are you actually trying to use my dog analogy against me in the same blog lol? And fucking it up and turning it into unintelligible nonsense? No wonder you like Joe Biden so much. He’s your soulmate.
GoBallsDeep
Fullerton, OC, CA
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since Dec 12 2019

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Aug 25 2023 12:41PM     link to this

^ You two get a room and figure out who the Alpha is, k?

"I'm very risk-averse"

Psychology first, investment process second.
In other words, you could lay out a great CANSLIM plan but if you're psychologically unable to pull the trigger.......it's worthless.

Only you can answer that question but psych is more important than process.

If you want process, read "How to make money in stocks" William O'Neill 4th Edition
Also, Investors.com
P/E is almost completely ignored except in measuring the move from B/O to "possible" peak.
This is an "active" process, so you have to be willing to take small losses to get the big wins.

Good luck
GoBallsDeep
Fullerton, OC, CA
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since Dec 12 2019

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Aug 25 2023 12:42PM     link to this

Fucking with Gloom guy's head is just a side benefit

lapierre
Seal/Sunset Beach, OC, CA
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Aug 25 2023 01:11PM     link to this


P/E might mean more if you are a technical short term trader.
to me a stock has a price, the price is the equilibrium of buys and sells
i love it when "investors" are talking about a specific stock which has perhaps gone down in value, some will say it now it is cheap and they are wondering if now is the right time to buy it due to the "cheap" price - i giggle slightly.

i mostly look for growth stocks, my most recent buy is a pharmaceutical company, one of the largest insulin producers in the world, called NOVO Nordic - not long ago their new drug came on the US market, its a diet drug and it works extremely well and has very few side effects.
orders are flying out the door...
yes the stock is expensive but there is still a huge upside.
lapierre
Seal/Sunset Beach, OC, CA
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Aug 25 2023 03:07PM     link to this

btw - wanted to ask for recommendations.
i have TD ameritrade, not for long as Charles S has bought them..

anyone have experience with SOFI or Robinhood?

GoBallsDeep
Fullerton, OC, CA
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Aug 25 2023 09:45PM     link to this

TOS guy here
Don't know Robinhood but same coder as TOS guy, I think
Interactive is good, I hear
Go rid of Tradestation not long ago
If you're a mechanical quant, it's good but didn't really work for me

Yeah, I know TOS is getting picked up by Schwab....but won't affect what I do


BTW, imho.......P/E is not a short term trader thing, more a value measure altho I prefer PEG ratio.
Problem with P/E is you think you're buying value at 6 right before it goes to 3 or maybe zero.....like First Republic.

Anyway, hope that helps, bon chance
Hey1
LA, CA
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since Jun 26 2019

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Aug 26 2023 12:10AM     link to this

I would rather rip my head off than say this but yes p/e is not a short term consideration and yes PEG is a better index. Goebbels is not mistaken for the first time in her life. That was not a typo.

Warren Buffet bought $1 billion dollars shares in Coca Cola in 1988 largely because of its flabby P/E ratio but also for other big picture reasons, like PEG, brand recognition, distribution infrastructure, and, it should be noted, ethical investing. His investment has generated hundreds of billions of dollars since then. It is the crown jewel of Berkshire.

The lesson is do not ignore P/E or any other index. They are all tools in the toolbox and you never know which one you will need for diagramming the big picture.
GoBallsDeep
Fullerton, OC, CA
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Aug 26 2023 02:51PM     link to this

^ @ Hey0 trying to sound "all smart and shit"

Actually, you're WRONG............again!
Is there a prize for someone who's literally wrong every time they post?

In BRK.B.........
AAPL has the greatest nominal dollar return and is the largest holding (50%)
Geico has the greatest return from an acquisition
Moody's has the greatest % gain from any current holding

KO is in the top 5 holdings but even considering dividends, BRK.B has NOT made hundreds of billions of dollars on this holding as the entire position is only about $24 billion currently (about 7% of the portfolio). In 35 years, his position has made about $10 billion in dividends plus the appreciation of about $23 billion.........total of $34 billion.

Arguably, the greatest financial shenanigans Buffett made was to structure BRK.B as an insurance holding company so he pays little taxes on his returns and uses the funding of the policies to do his investing with..........where are the Progs when Mr. B doesn't pay any taxes????

This hypocritical asshole has the ballz to preach how he pays less taxes than his secretary, so let's up the rates on rich people! Well Fuck You Warren.........whenever you like, you can send in mo' money biatch! NO WAY, he's leaving it all to charity so he doesn't pay any taxes there either.......and this asshole is a Democrat!!!

Say something Hey0! Shouldn't you be castigating this POS hypocrite?

Anyway, just STOP Hey0, you sound less somewhat less stupid posting some lame dig at me than trying to sound "all smart and shit"



GoBallsDeep
Fullerton, OC, CA
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Aug 26 2023 02:56PM     link to this

By the way, Buffett has NO shitz to give about "ethical investing"........obviously, lol

His fifth largest position is Chevron and here's what he had to say about that

"Chevron is not an evil company in the least and I have no compunction about owning Chevron," Buffett said at Berkshire Hathaway's 2021 shareholders meeting when asked about Chevron's role in climate change."

Oxy is in his Top Ten positions also...........

Hey0 managed to be wrong multiple times in just one post.

Congrats, sexy!

remo_williams
Irvine, OC, CA
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Aug 26 2023 03:42PM     link to this

Balls is right, Gloom guy has a habit of posting investment "advice" that is garbage.

Although,it's amusing to see him try to position himself as savvy.

Next up from Gloom Guy is he's going to tell us about his wonderful partial ownership interest in a certain bridge in Brooklyn.

sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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Aug 27 2023 12:35AM     link to this

I don’t post advice. I am not dumb enough to be a “source” for investment counseling.

I would be making a lot more money if I was, and I am go est enough to know I need a lot more education and experience with stocks.

I am just pointing out trends that may make money for others that I know I missed out on because I was not educated enough and prepared to move on important information.
oblina
City of Los Angeles, LA, CA
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Aug 27 2023 02:53AM     link to this

awhile ago I told a guy to invest what he could in NVDIA and made him $35k+ and he didn't break me off anything.

......smh....
oblina
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Aug 27 2023 02:54AM     link to this

awhile ago I told a guy to invest what he could in NVDIA and made him 35k+ and he didn't break me off anything.

......smh....
oblina
City of Los Angeles, LA, CA
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Aug 27 2023 02:56AM     link to this


sherkahn I totally feel your pain
vince2001
Glendale, SFV, LA, CA
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Aug 27 2023 03:06AM     link to this

I been swimming in Nvidia sine covid. No Brainer! Selling in January .
maklovin
Carlsbad, San Diego, CA
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Aug 27 2023 12:17PM     link to this

nothing is better than getting a phone call from the SO on my way to Vegas

ring ring : hi hon enjoying your drive to vegas yet?
me : yes ! whats up
SO : just wanna let you know I unloaded all our Microsoft stocks
me : inside "f*ck f*ck noooo" poker face now - ok no prob did we made a killing
SO : Yes !!
me : ok please do not touch NVIDIA !!! "f*ck pls do not or am turning around !!"

whew in short we still have it !! lol
GoBallsDeep
Fullerton, OC, CA
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Aug 27 2023 09:03PM     link to this

"I am just pointing out trends that may make money for others that I know I missed out on"

GG is almost a perfect reverse barometer.
You know an investment has peaked when he posts about it.
So, actually, in his own way.........he's an idiot savant.
Thanks GG!

sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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Aug 28 2023 05:03AM     link to this

Today in gloom: GoBalls is still breathing, and the world is still not a better place because of it.
TheAlterEgo
SGV, LA, CA
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Aug 28 2023 06:41AM     link to this

^fag
sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
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Aug 28 2023 06:49AM     link to this

Yes, Alter, we know that you are that cum receptacle at the gay bars where all the old, fat, ugly homos go to get a mercy “suck off”.
Now go wipe your face, Alter. you have dried cum on it and it’s leaving another rash.
sherkahn
Diamond Bar, SGV, LA, CA
Pomona, Inland Empire, CA Today!
1113 blogs/5529 comments
since Apr 27 2008

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Aug 28 2023 06:52AM     link to this

Back on topic.

NVidia performed well, but it tanked over the weekend, but as of 45 minutes ago PhilipCapitol upgraded the status of the company and stocks are going up.

“Nvidia rises as PhilipCapital upgrades, citing 'market monopoly'”
Attached Links
Nvidia
TheAlterEgo
SGV, LA, CA
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Aug 28 2023 07:24AM     link to this

Shitcan stop peacocking we all know you have your money on boomer stocks
lapierre
Seal/Sunset Beach, OC, CA
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Aug 28 2023 12:52PM     link to this

so you are staying with Schwab?
I guess they purchased TD long ago and is just taking their time to onboard everyone.
says they will keep the platform very similar to the current TD platform.
There are 36 comments on this blog.