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Re: Maverick0408 post# 518430

Sunday, 10/02/2022 11:57:06 AM

Sunday, October 02, 2022 11:57:06 AM

Post# of 700986

Market doesn’t lie!



Markets do lie, and can become disconnected from reality. Let me tell you a little story about my Nvidia Journey:

In late 2015, I took a starter position in Nvidia @ $8.55. Over the next 1 year I bought more and more and more. At the time between 2015-2016 "the street" has it wrong. Most were predicting $5 a share and even talks of a INTC buyout @ $6 were even circulating. Sell rating and holds were common. I didnt listen to so the so called "experts". Nvidia had game changing technology that stretched well outside the gaming sector....A.I., Cuda Data Center tool-kit and Nvidia L40 were a few things that were changing the foundation of what Nvidia was built on in the first place. And in such a large way, it could not be comprehended by WS. They were so far behind what Nvidia was doing it I would deem them as stupid. 4700% later, I took my profits and was, and still am happy for WS for being so "stupid" and giving me the chance to accumulate such a large position in Nvidia before they caught-on and raised the price of Nvidia to beyond anything I ever imagined. My point is the market does "lie" and its not uncommon for the market to be disconnected with reality. I am not into chasing, and happy with NWBO being in the .60s and .70s as it has allowed me to accumulate a very large position for a very, very cheap price. When the correct news breaks, the only regret may be that I didnt buy more.

But good luck to you, with the ever stating glass half empty attitude. It never has served me well with investing, but to each his own I guess. 80% of the money I have made in the stock-market has been do so by staying ahead of WS, because by the time you "follow", the real money has already been made.

-Fireman
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