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View Full Version : Stocks and Stuff (Part2)

FastM
11-11-02, 02:55 PM
I about this | | close to buying around 200 nVidia shares. Hopefully around 10$ to 12$ USD a share.

I kinda set friday as my deadline since the NV30 should be revealed on monay and the nForce2 is weeks away from shipping.

I just want some opinions from you guys if you think its a good idea, or should i wait longer. I got myself an online trading account with US money in it, so im literally 1 click away.

Help! Iv'e got money burning a whole in my pocket here!!!
DaveW
11-11-02, 06:41 PM
Well... don't blow all your money on stocks. Maybe just half of it? :)

I have been thinking about doing the same myself... they are bound to go up after the NV30 is announced.

Who is your online trading account with? Ameritrade?
FastM
11-11-02, 08:14 PM
Well its not all my money (although i have thought about it hehe)

I live in Canada so im with RBC (RoyalBank of Canada). I setup an online banking and then Online Trading Account (called a Action Direct Account).
Cereal-Killer
11-11-02, 08:40 PM
I wouldn't put that money into the market, unless you don't need it back anytime soon. Nvidia shares have been on a rollercoaster ride lately and a short term trade could backfire.

But if you're feeling lucky, now's the time :D
FastM
11-12-02, 08:33 AM
"sigh" If predicting the stock market wasen't hard enough, having a war brewing just makes things even crazier. I heard on the radio this morning that Iraq has decided to tell the UN to "Something Off" I still think im going to do it, but probably only get around 50 shares instead.
Uttar
11-12-02, 10:13 AM
I'd be heavily surprised if nVidia would go up more than 10% due to a product being announced.
I'd remind you that investors care about financial results. And nVidia publicly said to them the NV30 is highend and thus won't be a huge revenue bringer.
So, why would they react to that? ...


Uttar
FastM
11-12-02, 10:28 AM
Originally posted by Uttar
I'd be heavily surprised if nVidia would go up more than 10% due to a product being announced.
I'd remind you that investors care about financial results. And nVidia publicly said to them the NV30 is highend and thus won't be a huge revenue bringer.
So, why would they react to that? ...


Uttar

Very ture, but its more the nForce2 thats got me going, and now i saw on nvnews.net that AMD is planning a pretty nice price cut which should draw more people. Hopefully nForce2 will be the board of choice...

Plus, depending on how much the stock increases (if at all) i might wait until spring to sell, giving NV30 sales some time to impact.
StealthHawk
11-12-02, 04:19 PM
Originally posted by Uttar
I'd be heavily surprised if nVidia would go up more than 10% due to a product being announced.
I'd remind you that investors care about financial results. And nVidia publicly said to them the NV30 is highend and thus won't be a huge revenue bringer.
So, why would they react to that? ...


Uttar

renewed confidence in the company to deliver a market leading product and not lose leadership to ATI?
FastM
11-15-02, 12:03 PM
Well i did it.... I OWN nVidia!!!!!!!! Hehe.

Just bought 91 shares @ 13.47. I bit higher than i was hoping but hey at least im in.
Uttar
11-15-02, 02:52 PM
Originally posted by StealthHawk
renewed confidence in the company to deliver a market leading product and not lose leadership to ATI?

Problem: Investors would get all panicked if nVidia refused to give NV30 yields.
"Icky! Maybe they got 0.01% yields! They're going to lose BILLIONS! Sell! SELL!"

I'm exagerating, of course, but investors got that special gift of being able to find negative news in everything :)


Uttar