NVIDIA stock price takes another plunge

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Tril
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NVIDIA stock price takes another plunge

Post by Tril »

Some of you may remember the news that the stock price of NVIDIA went from closing at 18.03$ one day to 12.49$ the next day a few months ago. After a month and a half of staying around 11.50$, NVIDIA stock finally started rising. Two weeks ago, it started going down again and today it closed at 10.82$.

A class action from the stockholders of NVIDIA was filed this week. This news has probably at least in part something to do with the recent price drop.

So what do you think. Is it the time to invest in NVIDIA while their stock price is low? Will it get lower?

Share your thoughts.
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Neil
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Post by Neil »

It's interesting that you bring this up. I have news to share today from NVIDIA that has nothing to do with stock price.

Regards,
Neil
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LukePC1
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Post by LukePC1 »

Neil wrote:It's interesting that you bring this up. I have news to share today from NVIDIA that has nothing to do with stock price.

Regards,
Neil
shure? Maybe it will influence the stockprice and rise or drop it...
so you should have given a clue wheter its good news or bad news :D

However I think it can't fall much further, can it? Except NV goes completly bankrupt, but do you think that time has come already?
But if I look at all their cards burning out of heat... replacing is expencive!
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Freke1
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Post by Freke1 »

The stock price has been going down the last 10 months:

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I want to see a turn upwards before I jump in :D
It's the news that govern the stock prices. Good news surprise = prices rise, bad news surprice = prices drop.
The news from 3D has no impact it seems.
I allways try to buy when RSI (Relative Strengh Index) is low and sell when it is high.
Generally the economy is very bad right now with banks going bankrupt.
Eventually China will take over and we will all speak chinese.
Just my thoughts.
Last edited by Freke1 on Thu Sep 11, 2008 5:11 pm, edited 1 time in total.
Tril
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Post by Tril »

Rulings probably take time to come out on these kind of matter but once the verdict is out, if it's in favor for NVIDIA, chances are the price will stay at it current level or increase. On the other hand, if it's in favor of the stockholders, it means less profits for NVIDIA because they have to pay and that will probably make the price drop a bit.

With any stocks, the lowest it can get is 0,01$ and the upper limit is high (realistically, it's about 20$ to 50$ in few years). At around 10$, it's close to the lowest it can get.

LukePC1, Neil is probably talking about the interview with Andrew Fear, Product Marketing Manager for NVIDIA GeForce 3D Stereoscopic Technology.

Seems Freke1 is a knowledgeable stock buyer/seller. So that's how he pays for all the expensive S-3D hardware :D
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LukePC1
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Post by LukePC1 »

I was speaking of the interview, too... but maybe stockholders think S-3D can't make profit right now?
The RSI is low right now, right?
So maybe when their glasses are launched at the end of the year the stock rises - until people realize that it isn't that good after all. Then the stock drops - and its time to buy again to get the real money :lol:
Play Nations at WAR with this code to get 5.000$ as a Starterbonus:
ayqz1u0s
http://mtbs3d.com/naw/" onclick="window.open(this.href);return false;

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Freke1
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Post by Freke1 »

I lost 2.000$ of my retirement money when they plunged recently.

Pls do this:
1. Buy different industri type of stocks (oil/pc equip./banks/food etc.) to spread the risk.
2. If they fall and fall then sell. They can allways fall a lot more. Then You can buy them again.
3. Check out companies on smartmoney.com: http://www.smartmoney.com/eqsnaps/?stor ... =hp_search
Are they making money?/ how much per employee?/ how much last year? etc.
4. Buy when RSI is low (~20) and sell when RSI is high (~80) RSI = Relative Strengh Index
5. It takes some time monitoring (every day) to avoid loss.
6. Sometimes a stock will drop/rise 50% i 5min. Nothing You can do about it.
7. Non US citizens have to take into account the value of the Dollar also.
8. The P/E ration is impotant. It tells how many $ Your have to pay to get 1$ in earning. The lower the better. P/E = Price/Earnings
If 1 Nvidia stock cost 20$ and earnes the company 2$ the P/E = 10.

Just some tips from a novice. It's not easy :D
Do it at Your own risk (as do I).

Edit: I used to have these stocks, but sold them not long ago (they produce car petrol from corn).
In 1 day they dropped 70%:
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Not fun for the stockholders :cry:
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