Looking back, I'm so glad I sold NVDA at a profit at $65. If I had held on I'd probably think I was a genius or something and people around me would be annoyed. [Reply]
That's 2 yrs and 6 months . You do the math. When does it stop?
As soon as I buy NFLX, which was two days ago.
I mentioned it a thousand posts or so ago, but one thing that I noticed in 2020 was that the Nasdaq stocks seem to be outperforming the rest of the market during bull markets, and they also went down a lot less in the March crash. I've been buying Nasdaq stocks almost exclusively over the past couple of months and my life has been better as a result. I've always held off on NFLX because I don't think they've got an unassailable market position, but the world apparently disagrees with me, so I finally gave up and started buying a little of it. [Reply]
Originally Posted by Rain Man:
As soon as I buy NFLX, which was two days ago.
I mentioned it a thousand posts or so ago, but one thing that I noticed in 2020 was that the Nasdaq stocks seem to be outperforming the rest of the market during bull markets, and they also went down a lot less in the March crash. I've been buying Nasdaq stocks almost exclusively over the past couple of months and my life has been better as a result. I've always held off on NFLX because I don't think they've got an unassailable market position, but the world apparently disagrees with me, so I finally gave up and started buying a little of it.
One of my stocks is QQQE and its basically the Nasdaq 100 and has been doing wonderful. And yeah I just said screw it and put in an order for NFLX. If a man was smart I think he could just make a portfolio out of those top 3 right now and do good. [Reply]
I'm Nasdaq heavy and those stocks have kicked butt. My DOCU is up 133.56 since 3-11. I bought in at three different points but overall but that's what it's done for me. [Reply]
Originally Posted by scho63:
My AMZN shares are on a path to $5,000
Legit question??? Why don't companies like that do a stock split to get the shares back to a reasonable price? I know percentage is percentage but most people won't buy a 5000 dollar share because that's all they have to invest. [Reply]
Originally Posted by Hog's Gone Fishin:
Legit question??? Why don't companies like that do a stock split to get the shares back to a reasonable price? I know percentage is percentage but most people won't buy a 5000 dollar share because that's all they have to invest.
Good question.
Maybe they don't need the money that bad to split it. [Reply]
Originally Posted by Hog's Gone Fishin:
Legit question??? Why don't companies like that do a stock split to get the shares back to a reasonable price? I know percentage is percentage but most people won't buy a 5000 dollar share because that's all they have to invest.
We AMZN owners don’t want to rub elbows with riff raff at shareholder meetings. [Reply]
Originally Posted by philfree:
I'm Nasdaq heavy and those stocks have kicked butt. My DOCU is up 133.56 since 3-11. I bought in at three different points but overall but that's what it's done for me.
Damn! You nailed that one. Good job, I love seeing win! [Reply]
Originally Posted by Hog's Gone Fishin:
Legit question??? Why don't companies like that do a stock split to get the shares back to a reasonable price? I know percentage is percentage but most people won't buy a 5000 dollar share because that's all they have to invest.
I recall reading once that Warren Buffet would never do a stock split on Berkshire Hathaway because it apparently costs some money to do it and he viewed it as an unnecessary expense. I would agree that it does price some people out when the stock gets to a high dollar amount like $100,000+ a share for Berkshire. (Buffet eventually started a different class of stock at a lower price, but I don't know if that was a cheaper option or if there was some other reason.) [Reply]
