Doubt it very much. Think back to how dynamic this community was two years ago. Knowledgeable people posted one after the other and discussion flowed. I was a regular contributor, now I see almost nothing worth reading or entering discussion about sadly.
The fact that there are two posts removed from yesterday and all the Blue Sonic posts that I found very informative have gone, would seem to say everything about where this forum is going. Sad but true!
A post from Neilb as an example
āPosting candles and reading tea leaves if fun when the stock is going up, less fun when your taking a beating or having sold for a loss. There will be lots of investors who lost money on NVDA in the last month. It couldnāt keep going like it wasā
Off the back of that Neilb. I said Nvidia will be below $100 and it was. Me and sonic also posted support lines and numbers. The candles dont lie Neil and tea leaves?
Maybe if you educated yourself on technicals you would find the information useful like a few on here have done.
All you and the flaggers such as Cameron have done is spoil things for the ones who found the information useful.
Now its just a dire, drab thread.
P.s Nvidia now up at $124. So those who had purchased under a $100 like i said would be up in profit.
Please can we keep this on topic and keep replies related to Nvidia, rather than an endless cycle of off-topic replies and moderation thereof.
There are other threads about the state of the forum / community health, such as this (where I quote-replied):
Also Iād encourage people to please review the forum FAQ and Community Rules:
@acamp might be worth you reminding people how they should be comporting themselves around here. Some people clearly arenāt willing to listen to reason.
Morning all,
The conversation here is taking up too much staff time to keep on top of. We will remove posts that are off topic or that continue to stoke personal drama. These are both breaches of our community guidelines. I appreciate members of the forum reminding others about the community guidelines and the process for flagging and reviewing posts.
We donāt want to do this, but repeat offenders who break the rules will be suspended from the forum.
If people are discussing NVDA in any way, thatās fine. We may all have different views about the stock and use different evidence to get there which is equally valid and the point of having an open discussion.
Alex
thats really all investors need to know for now
I with Alex on this one letās get back to the job in hand which is NVDA,
I liked this take - that Nvidia are basically acting to level the AI lab playing field across their customers, rather than letting one dominate they ensure closer competition so they keep a wider customer base.
Results day nerves
No pleasing some folk
Nvidia also said it approved $50 billion in additional share buybacks.
Thatās quite a big buyback
Oh I missed that bit.
Share price manipulation.
Buy backs are for companies whose shares are considered cheap.
Next has reduced itās share count by over 66% over the years.
When share price falls due to recession COVID etc it buy backs shares and cancels them.
What possible reason have they to buy back share other than share price manipulation.
It possibly suggest they are uncertain about the future.
Either way itās illogical to buy back āover pricedā shares (relatively)
Nvidia continues to push the boundaries, and while thereās a point where limits will eventually be reached, the company is undoubtedly experiencing a phenomenal period right now.
Thereās a good presentation on Nvidia ER here, in case youāre interested.
nancy is still in. volitilty scalps the leveraged. there is still much liquidity.
Opps i forgot
"Nvidia CEO Jensen Huang Sold $580 Million of Stock. How Much More He Can Sell.
So good idea to spend on buybacks to help keep up the price while he is selling shares.
Last year they decided to spend $25 Billion on buy backs which no doubt supported the share price while he was selling.
I might be wrong, but I donāt think they are buying back their shares to lift the stock price, as itās not undervalued. Perhaps they are trying to consolidate ownership (fewer voters) or reduce costs by cutting the number of shares they need to pay dividends, although their dividend is simply ridiculous, in my opinion.
The buyback is the equivalent of them paying the dividend - itās just generally preferable for investors to do it this way as they donāt want to force a taxable event and usually capital gains get better tax treatment. Lots of big tech companies distribute cash via buybacks and keep dividends small for that reason.
