Silicon is the New Oil


#102

SoftBank Reveals $3.6 Billion Stake Sale in Nvidia By Vision Fund

@manch

The Korean Japanese is wise or dumb? Did you buyback after the rout?


#103

Got stopped out of Nvidia last month and currently in the wash sale wait period. Will check it out again early March.

Son is Korean? I thought he’s Chinese? He got lucky once with Jack Ma and didn’t do much afterwards.


#104

Can buy back if you think is low enough, no need to wait for wash sale is over. Alternatively, you can short puts (expiry date is >30 days) or long the equivalent (long call short put) or long calls.


#105

I think waiting for a month is healthy. Lets me step back and look at what I got wrong. It’s still a long way off from 52w high. No hurry.


#106

Closed all short-term position.
Holding 3 short puts(L20 $130) and 12 NVDA (dimsum portfolio).
If dives after earnings, long calls (L20). If rallies, enjoy the free put cash.


#107

March 1st, hmmmmm, S&P (I repeat S&P) rally will not long last that much…


#108

Sell, sell, sell :flushed:


#109

Sell all your Aapl holdings and post your settlement proceeds here for validation.


#110

Jumped after I closed.

34%20AM


#111

Ahhhh, I escaped from blame, right …:rofl:


#112

New Oil are rallying again!
Blame @Jil for telling me to sell NVDA.
Praise myself for buying MU calls. 128% over 2 days, keep doing this, I’ll be rich :slight_smile:
Laugh at @manch for owning XLNX.

12%20AM


#113

Let me see how you react now. Not only NVDA will be down, but AAPL also, Sell, sell, sell all your AAPL. Am I like WQJ now? :rofl:


#114

Sell sell sell your Aapl!!! I want to be the only person here with any stock left :rofl:


#115

@hanera, we both double voted to sell your AAPL, more consensus here, How do you feel now? :rofl:

If you listened to me for NVDA, you should also listen to AAPL, right :rofl:


#116

After IRBT, my biggest winner is MU, bad news, more bad news, even more bad news! always yield exceptional return. Coulda, shoulda, … buy more :hugs: Below is why I like options, caught the momentum, return is insanely high for a low capital invested and don’t run the risk of margin calls.
Risk profile of long call is limited risk (amount invested), unlimited gain (as of now, 150-300%! over very short time). Margin like those use by @manch is unlimited gain, unlimited loss.


#117

Today afternoon you will appreciate me! NVDA will likely sink ( pure speculation )


#118

I could have sold now for a lot more! That is why I don’t like to have too many tickers, not fast enough to make decisions and quite often forgot what were the original decisions :hugs: My original decision is to sell today not Wednesday. Somehow… my brain is crazy… I actually cancelled the GTC and closed them… wtf… got conquered by emotions.


#119

No doubt, I could speculate today only not before, unfortunately.

Any way, future is speculative one no one is 100% correct


#120

Silicon continues to do very well!

12%20AM

My estimate target is $157-$162… and have set GTC to sell at $159… not sure what has gone through my brain on Wednesday… hard to control the human brain… cancel the GTC and execute close all. Human brain sometimes behave weirdly.


#121