NVDA Stock : 12.71

MR-FIX-IT · Jul 7, 2008

I just bought 500 shares of Nvidia...

Since it dropped over 30% in the last couple of days, I'm looking at long term here for my retirement. Hopefully, will split in a few years...and I'll have 1000 shares..

Krypto · Jul 7, 2008

MR-FIX-IT said:
I just bought 500 shares of Nvidia...

Since it dropped over 30% in the last couple of days, I'm looking at long term here for my retirement. Hopefully, will split in a few years...and I'll have 1000 shares..

It can split 2:1 right now and it wouldnt make a difference. It would just be 1000 shares @ $6.355. Lets just hope they don't have logistical issues like they did last quarter. Maybe they will start using better packaging instead of having millions of dollars of cards returned because of damage.

rainless · Jul 7, 2008

Krypto said:
It can split 2:1 right now and it wouldnt make a difference. It would just be 1000 shares @ $6.355. Lets just hope they don't have logistical issues like they did last quarter. Maybe they will start using better packaging instead of having millions of dollars of cards returned because of damage.

NVIDIA doesn't pack retail cards do they?

And how does one "buy shares"? At $12.71 cents even *I* can buy stock.

Krypto · Jul 7, 2008

rainless said:
NVIDIA doesn't pack retail cards do they?

Not retail, only the contents distributed to companies like eVGA, BFG, Asus, etc. Shipping was what I heard. They took a 150 million dollar hit on defective products. It could have very well been in the manufacturing process but who knows. They still need to get their "you know what" together.

rainless said:
And how does one "buy shares"? At $12.71 cents even *I* can buy stock.

I use Scottrade

MR-FIX-IT · Jul 7, 2008

rainless said:
NVIDIA doesn't pack retail cards do they?

And how does one "buy shares"? At $12.71 cents even *I* can buy stock.

Of course... anyone can. You need to have an account with a brokerage. Such as TDwaterhouse, fidelity... and many others...

MR-FIX-IT · Jul 7, 2008

Krypto said:
It can split 2:1 right now and it wouldnt make a difference. It would just be 1000 shares @ $6.355. Lets just hope they don't have logistical issues like they did last quarter. Maybe they will start using better packaging instead of having millions of dollars of cards returned because of damage.

True, but @ 6.355 a share, the market would boom dramatically. NVDA is a very good buy right now.. dropping 30% was the best thing that could have happened for them and myself. a few years ago, I bought 20 shares @ $16.66 as a goof. I invested $332. Just to see what would happen. I now have 60 shares. Due to splitting twice.

60 @ 12.34 is $740.40. Not too bad for a $332 investment. More than doubled my money in a few years. Can't do that any place else. Its not alot, But I still made on it.

OldSkool · Jul 7, 2008

MR-FIX-IT said:
More than doubled my money in a few years. Can't do that any place else. Its not alot, But I still made on it.

You actually can and more, and more reliably, but I won't get into that here.

I've been thinking about trying out the whole stock buying thing for awhile now, but I'm totally inexperienced beyond knowing the whole buy low, sell high concept. $12.71/share seems really good to me though(not knowing the trend over the past few months/years).

ratbuddy · Jul 7, 2008

rainless said:
NVIDIA doesn't pack retail cards do they?

And how does one "buy shares"? At $12.71 cents even *I* can buy stock.

If you are serious, I'd suggest using Scottrade. They have a ton of local offices where you can just go in and give them cash or a check, they give you an account number and password, and you can just buy or sell from home for something like $6 or $7 a trade.

With Nvidia so low, I might even have to dump the AMD I picked up recently

MR-FIX-IT · Jul 7, 2008

ratbuddy said:
If you are serious, I'd suggest using Scottrade. They have a ton of local offices where you can just go in and give them cash or a check, they give you an account number and password, and you can just buy or sell from home for something like $6 or $7 a trade.

With Nvidia so low, I might even have to dump the AMD I picked up recently

Thats funny... Today I was going to buy 300 shares of AMD... But I stopped myself... thats real funny...Currently @ $5.50. Only because the 4870 cards are really kicking a$$. and when the consumer is happy so is the market...

I use a program called stock ticker. located here to stay on top on the stocks... Its not real time as if I were logged in my account, but I don't want to stay logged in...

rainless · Jul 7, 2008

MR-FIX-IT said:
Thats funny... Today I was going to buy 300 shares of AMD... But I stopped myself... thats real funny...Currently @ $5.50. Only because the 4870 cards are really kicking a$$. and when the consumer is happy so is the market...

I use a program called stock ticker. located here to stay on top on the stocks... Its not real time as if I were logged in my account, but I don't want to stay logged in...

You forget: "The Consumer" doesn't even know that 4870s exist. Only people on sites like this know about that card. I think you better take a look at the overall sales before pinning your investments on a graphics card coming to save the day...

nd4spdbh2 · Jul 7, 2008

If your looking for stable retirement money, the stock market is about the LAST place to be right now.

And why would such a cheap stock split... makes no sense but im not stocks expert.

Mr.Guvernment · Jul 7, 2008

NVIDIA issue was in the manufacturing process i recall reading.

stamasd · Jul 7, 2008

I was kinda thinking of buying myself, but have no cash available right now (story of my life - I always have cash except when there's a good buying opportunity. I still kick myself for missing the Google IPO).

MR-FIX-IT · Jul 7, 2008

I bought it @ 12.62. Already in the hole for $330. I'm not going to worry about it..Nvidia always bounces back..

Krypto · Jul 7, 2008

MR-FIX-IT said:
I bought it @ 12.62. Already in the hole for $330. I'm not going to worry about it..Nvidia always bounces back..

I personally would be worried taking a over a 4% hit in a single morning. It tells you that someone knows something that you apparently don't.

Did you forget the disclaimer?

"Past Performance Does Not Guarantee Future Results"

So whether "Nvidia always bounces back" is true or not.... it has no relavance in an investors world. And if you made an invested based on your theory of always bouncing back, I would advise seeking financial advice. :beer:

Shiggity · Jul 7, 2008

MR-FIX-IT said:
I bought it @ 12.62. Already in the hole for $330. I'm not going to worry about it..Nvidia always bounces back..

buying individual stocks is THE HIGHEST RISK possible when investing, be prepared to take losses like that if you only buy into 1 company

hopefully it comes back, gl

rainless · Jul 7, 2008

Shiggity said:
buying individual stocks is THE HIGHEST RISK possible when investing, be prepared to take losses like that if you only buy into 1 company

hopefully it comes back, gl

It'll come back. This isn't AMD after-all... NVIDIA, INTEL, IBM, and Microsoft are all here to STAY. No answer to WHEN it will come back... but it certainly will.

Krypto · Jul 7, 2008

rainless said:
It'll come back. This isn't AMD after-all... NVIDIA, INTEL, IBM, and Microsoft are all here to STAY. No answer to WHEN it will come back... but it certainly will.

Highly speculative... but you may be right... then again you may be wrong :beer:

What's wrong with AMD? They make a very competitive product, cards and CPUs. What does Intel and NVIDIA have that AMD doesn't? Sales? Lower cost of operation? Greater demographics? AMD needs either a management or marketing change, their products are very "sellable"

G3F0RC3<>R4D30N · Jul 7, 2008

I just picked up 100 shares of Nvidia to see what will happen...

Krypto · Jul 7, 2008

G3F0RC3<>R4D30N said:
I just picked up 100 shares of Nvidia to see what will happen...

Good deal.... I hope you guys get a decent return.... who knows.

Since you are all throwing money into investments, pick up some Visa (V). And Fluor (FLR) will be splitting soon, you may want to take advantage of that :beer:

But dont listen to me.... do your research.

NVDA Stock : 12.71

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