Is someone reading this forum....this article is all about NVDA AND LAW OF LARGE NUMBERS!! Can't read the entire article but the headline is on point!!!! If Nvidia Keeps Rising Like This, It Will Be Bigger Than the Global Economy https://www.nytimes.com/2024/03/15/business/nvidia-stock-market-ai-bubble.html
History Says You'll Regret Buying Nvidia Stock Timothy Green, The Motley Fool Wed, Mar 20, 2024, 7:45 AM EDT4 min read https://finance.yahoo.com/news/history-says-youll-regret-buying-114500105.html
I called it back in feb when it was trading around 2T market cap, nvidia will reach 4T market soon. It will hit $150 dollars a share post split. Retail pikers will again be able to buy 1 shares. Every $10 dollar jump in the price post split will be around $250 billion market cap increase.
%% MAYBE, put it this way, as far as me buying or daytrading a single stock like NVDA; live + learn. But it should worth much ANY day or year then NYT or Washington ComPost LOL. Some may want to buy it in a basket+ profit like QLD , qqq sqqq,SSO, SPY ,TQQQ............. But TQQQ has swaps in it @ like SCHW warns '' NOT suitable for most investors'' LOL
Now with the split we will be talking a gigantic enormous unfathomable amount of outstanding shares totalling in the 10s of billions....so when there is a simple dollar move in nvda stock price it will be adding over $24 billion in market cap or just about an entire Western Digital Corporation......
After Nvda splits it then makes another run for $1000 after piker retail traders start buying again. Eventually Hitting a 20T market cap.