stevenh766

We did it guys . From an obscure video game hardware company in 2015 to the largest publicly traded company on the US stock exchange in 9 years and 1 day. I think this means we've won the stock market and that my work here is done. I'll see myself out now.

I'm wrong again! Nvidia is now the second largest company on the US stock exchange by market cap at over $3.0 TN... that make this a 300 bagger since I first posted about this on 6/17/15. Next stop is the being the largest.... can it get there by the anniversary of that post? This is nutty. $100k held in Nvidia when this was originally brought up would now be worth roughly $30mm.

Sorry guys... I missed a few days... We're bigger than Google now. I guess Apple is up next. I'd say there is no way that will ever happen, but I've been wrong every single step along the way.

Briefly hit the 4th largest publicly traded US company by market cap this AM and hot on the heels of Google at #3. Good job team. https://www.cnbc.com/2024/02/12/ai-frenzy-puts-nvidia-briefly-ahead-of-amazon-in-market-value.html

1 Trillion buckaroos as of today. I think this is officially a 100-bagger since this conversation began.

Hit that $323 with a 4x multiplier to get the full effect.

Cheers

To memorialize Nvidia crossing a $750 BILLION market cap today I just wanted to chime in and say GAT DAMN we were wrong. I hope you stayed in it, but I tapped out somewhere around the $280 (pre-split) range as we bounced off the pandemic crash. I have some family members that are still holding and very glad they did.

I love to hear that. Its been a fun ride. I'd love to see another 20% or 30% from here, but I don't see how it can sustain one or two more good news / earnings beat runs. There is some big long term growth potential, without doubt, but its going to take a few years to grow into this pricing and the first earnings miss or even earnings MEET will be punished heavily. I'm really just waiting for my newest shares to hit LTCG at this point. This one last product / pricing announcement may be the end of the road for me for the near future. Cheers!

100%, and I understand that if/when this happens the second hand market may end up FLOODED with high-end cards. I sort of hate that this company is so tied to crypto now, but will move-in for the quick play if the opportunity presents itself (likely through options, as well).

Now that we've hit and are hovering around the $150bn market cap number, I figured I'd poke my head in to remind everyone how fcuking smart I am and see if anyone else has thoughts on the stock. We seem to have been stuck at this $250 price for a little while so either excitement is waning or reality has set in that these pricing levels are absurd. I still think we have room for one more push in pricing. As I'm sure plenty of you know, cryptocurrency has been a HUGE demand driver for both Nvidia and AMD over the last 12 months and third parties (BestBuy, Microcenter, NewEgg, etc) are in a windfall situation where they can't even keep the cards on the shelf even when pricing them 50% - 100% over MSRP. My hope for the next leg up: Nvidia typically announces new products at their GTC conference (coming up at the end of March) and the timing is right for the next generation of consumer/gaming GPU's to show up. These will undoubtedly receive the same or more demand than the current generation of cards. The company would be OUT OF THEIR MIND if they are not raising prices to get in on some of this crypto-action and provide some big, big profit margin upside to their largest revenue generator. I'm down to ~1/3 of my original position, but I will be looking to buy on dips leading up to the conference.

Just spotted two with manufacturer tags in the wild in the Wash Park neighborhood of Denver. I'm not certain, but it looked like there was a manufacturer tagged Cayenne leading those two, as well.

I work in development for a living and just did basement / bathroom in my personal residence. My advice: Unless you "have to have it now" wait for the market to slow down so you can get qualified subs. Finding the right skilled labor has been as much of an issue on $20mm jobs as it was on a $100k job. There is simply so much demand out there that people can pick and choose their work, perform a shit job, and move on to get in line for the next.

I bought a Macan recently and asked to be thrown on the list, just for the hell of it. I'll sell you my spot in line for $4. I'm not sure which number it is, exactly, but somewhere around #10,000 is probably about right.

King wrote two of my favorite books (The Stand and 11.22.63), but I couldn't even get through the first book of the Dark Tower series. My understanding is that it does reach across a few of his other novels and explains who Flag is, etc. Lots of people consider it his best work, but I just could not get into it.