Steeles Royal

How much are you down this year?

How much have you lost this year?

  • None, I am up

    Votes: 60 43.2%
  • About even

    Votes: 10 7.2%
  • Less thann10k

    Votes: 6 4.3%
  • 10-50k

    Votes: 25 18.0%
  • 50-100k

    Votes: 15 10.8%
  • 100-300k

    Votes: 13 9.4%
  • 300k-700k

    Votes: 4 2.9%
  • 700k-1M

    Votes: 1 0.7%
  • 1-2M

    Votes: 3 2.2%
  • More than 2M

    Votes: 2 1.4%

  • Total voters
    139

richaceg

Well-known member
Feb 11, 2009
17,806
8,960
113
not a big player but my Sofit stocks which i bought at $4 is now at $25... it's for basement renos and upgrading my outboard motor.
 
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Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
You know what a split is right? It was like $32 at the time.
You mean it was $32.00 down to .80 cents. That would be a 40 to 1 split. THat would sill not account for the 8000% discrepancy between my 22,000% figure and Raj's 30,000%. The 40 to 1 split would inflate his number to 1,200,000%
 
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b2oreal

Active member
Jan 29, 2011
462
171
43
It's split 10:1 and 4:1 since 2021. In 2015 it was $32. I don't care about the discrepancy - I care about you misrepresenting it as a "penny stock"
 

Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
From $32.00 down to .80 cents is a 1 for 40 split. The figures go no where near a 30,000% increase in 10 years.
 
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b2oreal

Active member
Jan 29, 2011
462
171
43
Also in Sept 2015 NVDA was 0.36, to its 52w high of 184.48 that's 51,244% so yeah keep playing with your TSX.V rock pounders and made up returns
 

Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
Also in Sept 2015 NVDA was 0.36, to its 52w high of 184.48 that's 51,244% so yeah keep playing with your TSX.V rock pounders and made up returns
By your own numbers .36 cents to 184.48 is a 23,366% increase. You flunk, punk.
Go bug Raj, about the made up 30,000% increase.
 

Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
Raj,

Quit possibly there are events and splits that are included in these figures of a 31,938% increase in the stock price over 10 years. How is this number relevant if you have not bought and held NVDA. As I have said, only holding a proven blue chip that pays a substantial dividend is a time tested strategy.

Holding a proven blue chip stock that pays a substantial dividend is one of the most time-tested and reliable investment strategies. These companies have long histories of stability, strong balance sheets, and consistent earnings, which makes them far less likely to collapse during market downturns. The dividend not only provides a steady stream of income but also serves as a sign of financial health and disciplined management. On the other hand, buying into a penny stock or a start-up with no track record is essentially speculation, not investing. Without a history of profitability or sustainable growth, these ventures often fail, leaving investors with heavy losses. While the hollow promise of quick gains can be tempting, the reality is that more fortunes have been built on patience, discipline, and compounding through blue chips than on risky bets that are merely speculation.

While it is true that NVDA has become a company that is at the verge of competing with chip giants like AMD and Intel, it still has a long way to go and has come no where near the success of these two incumbent chip manufacturers. NVDA may yet come out with a revolutionary chip, but may also be run right over by Chinese chip maker.

 
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Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
are you for real?
Very real, I do not live in your fantasy land with a dixie band playing behind you everywhere you walk. Have you bought and held NVDA and held it for 10 years?

Nvidia is considered one of the hottest companies right now because it sits right at the center of the AI boom. Everyone building large AI models needs enormous computing power, and Nvidia’s chips are the go-to choice. NVDA is considered the best choice at this time, but you never know what the competition will come up with. On top of that, their software ecosystem, like CUDA, is so entrenched that it’s hard for competitors to pull people away. They’ve also laid out a strong roadmap with new architectures like Blackwell and Rubin, which should keep them ahead in performance. They have a strong following in the gaming market. AI gaming, autonomous cars, cloud computing, and even government contracts are all part of their future intensions. Just as NVDA has come up from the rear, the giant multi-billion dollar competitors may surpass NVDA and run past them.

If your strategy is to buy and hold long term, good luck to you. I prefer to pick off the ripe low hanging fruit. daily.

 

b2oreal

Active member
Jan 29, 2011
462
171
43
This guy's got no idea what he's doing. He will continue to weasel out of every wrong thing he said with some other path and ignore all the things he gets wrong, over and over. In his last reply he just copy and pasted some fucking ChatGPT output after asking what NVidia does, cause's he is clueless 😂. Not worth bothering with him raj
 

Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
Are you trying to do this on an abacus? What kind of fucked up math are you doing?
.....................How is this relevant? Neither you nor Raj has owned NVDA for 10 years. Maybe you and Raj, would like to do the 5 day/5 stock challenge. 5 stocks, highest point the stock reaches in 5 days. Highest total wins.
 

b2oreal

Active member
Jan 29, 2011
462
171
43
.....................How is this relevant? Neither you nor Raj has owned NVDA for 10 years. Maybe you and Raj, would like to do the 5 day/5 stock challenge. 5 stocks, highest point the stock reaches in 5 days. Highest total wins.
Not going to clarify how you can't do basic math?
 
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b2oreal

Active member
Jan 29, 2011
462
171
43
I appreciate that................still doing your own math, gramps?
Lmao - are you trying to do math with ChatGPT and basing decisions on that? How gullible are you? You know that they are demonstrably unable to do simple arithmetic right? You’ve gotta be 60+ to think an LLM can solve these problems - and you’re calling me gramps 😂

Here’s a graph, ask ChatGPT to explain it for you

 

Ceiling Cat

Well-known member
Feb 25, 2009
29,340
1,987
113
Lmao - are you trying to do math with ChatGPT and basing decisions on that? How gullible are you? You know that they are demonstrably unable to do simple arithmetic right? You’ve gotta be 60+ to think an LLM can solve these problems - and you’re calling me gramps
No, I am not using Chat GPT to do math. I simplify things. All I have to do is to look at a number and know the results. I made predictions on Cannabis stocks last Friday, and every one of them has made money.

tilray - stay away.
richaceg had the opinion to stay away from TLRY, I disagreed with him and said that TLRY was a buy. From Friday 12, to high of this week TLRY was up 14.92% If I knew it was a buy, obviously I knew when to sell. Since I always make my buys in increments of $10k when I sold the the stock was worth $11,492. I only needed to look at the numbers and know instantly my percentage, 14.92%. I am not a calculating type of guy like you, no need for complications. Oh, by the way, the rest of my cannabis predictions did 5.5 -12.5% gains.
I will give you the courtesy of a caveat. If your plan is to piss me off so that you could get more freebie predictions, I have to warn you that you may not like the outcome.


 

The Mechanic

Well-known member
Jan 5, 2007
484
512
93
So far I'm on the plus side there were times where yes I Lost money but that's only on paper. I've made everything back and more the only thing is, I wish I've invested a lot sooner like when I was 18 years old. Stock market is like a pendulum swings left and right makes money lose money, it also depends on balls. Don't panic it will rebound, and I don't know what Your portfolio is but I have a lot of stock that pays dividends which I reinvest into makes more money that way.
 
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