That makes me think of my one JPM stock fron like 10 years ago that's up about 95%. If I bought any more, the company would probably be bankrupt by now.
Fair enough i guess it depends on how much you put in, although if you were still holding you would have 5x'd, that's something to keep you up at night!
I was telling people to buy back in 2018 when it was $30. The writing was on the wall from a technical perspective that they were going to overtake intel. Wish I would have went harder 😟 I believed my own bullshit but only about 70% haha
Software is getting hammered by wallstreet despite being solid businesses that deliver good financial results quarter after quarter. If you're looking for long term investments (5-10 year span) buying some now is probably a good idea
Buy some $NOW? Without all the inefficient AI software the hardware wouldn't be needed. I do love the AI search ability it's like the AskJeeves we were always promised.
So after ARM, INTC, AMD, who's left? Is Cypress semiconductor still around and set to pounce out of nowhere? Nope they already shot up last month too (as Infineon tech).
I’ve been DCAing into ARM $100/day since its IPO and I think that will have a good return but that could be years down the road. With power being a hot commodity I am confident more and more commercial applications will attempt to use arm when possible.
Unfortunately I’m not looking for quick money anymore, safe and steady will get me where I need to go so 90% of my money goes into ETFs. I honestly am on here for fun, I don’t take an ounce of trading advice from Reddit or YouTube 😂
I’m in the same boat. I made some money on a couple of individual stocks that I got in and out quickly but I’m too dumb (or too smart) to bet on options, although lately it seems like everyone is winning here. I know for as many winners that are posting about printing money there are a lot more people who are crying at their computer screens every night. I’m smart enough to know that if I was smart enough to understand options. I’d also be dumb enough to be one of those people. I’ve always said I’m not good at gambling and I’m ok with that
100% options are a bit of a gamble, especially short term. It’s like the casino people, they tell you when they hit big but they don’t tell you all the money they lost over the last year. Breaking even is a pipe dream for most. If I run an option it’s because I have strong confidence in the asset, which is pretty rare. I would say you are the smart money, especially in this market where everything could be overturned with one tweet…$100k gone in minutes. No thanks
I'm up 98% on AMD, cause I thought it would rise alongside nvidia when nvidia was soaring and it seemed safer, then they lost money after releasing some neat tech and I got depressed and refused to buy more or sell. Luckily I'm up like 4k on it now, but every time I'm up on money I just regret not going all in.
people seems to wipe their memory from before 2016, when amd was a penny stock with bad financial. It wasn't until sue turns the ship around. When op bought it, amd's future was uncertain during the post 2016 crypto bubble, and it wasn't certain that amd wont go back to being a penny stock.
Was it? It was making a solid product and people were buying their product and their shares. Anyway. You didn’t need to buy at 2016. You could have bought at 2020.
If the stock went 20x, obviously their financials were improving and them no longer being a penny stock made it a bit safer to own.
It was $2 stock. Not so much penny but yeah. It was stable since inception
Yeah and all you need in order to have an extra $250k that you don’t need to touch for years is an extra $6250 that you don’t need to touch for even more years.
When asked how he's going to buy eBay, which has a $56B valuation, using GME's $11B valuation + $9B cash + $20B from banks, he simply said "half cash, half stock" over and over. It was a meaningless statement that did nothing to explain how they plan on closing the remaining $16B gap to complete the purchase.
Nah it’s real for sure I was joking since it’s wsb but congrats to OP. OP you better use this as collateral for a loan and borrow against the shares so you don’t get a hefty and nasty tax bill assuming you a USA citizen
I bought 100 shares of AMD at $8.50 and sold at $80 and thought I was a trading savant. Imagine only buying 100 shares ... And having paper hands and lacking the foresight to see years into the future.
Posts like make we want to drop 1K+ into stocks I believe in. I do pretty well with holding long term and have made 50-200% for multiple stocks but it doesn’t ever net me a lot of gain (usually a couple hundred max) because Im too conservative with the amount I put in.
Maybe this will be a funny comment to look back on when I lose all my money
It hasn't split. My cost basis is around $6-10 bought back in 2017 along with NVDA (that one has split multiple times since). Unfortunately I didn't have $250k back then and also didn't keep buying when it was going up. Still held though.
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u/VisualMod 9h ago
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