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Friday, 03/08/2024 10:03:02 AM

Friday, March 08, 2024 10:03:02 AM

Post# of 425795
(OT), since NVDA and Amarin comparisons have been bantered about. Does anyone care for a real true to life horror story?

NVDA hit a high today if $958.92. Back in 2019, I’d bought 790 shares of NVDA in my ROTH IRA account for around $148 a share. I sold my shares and bought AMRN shares thinking it would recover.

NVDA proceeded to escalate to around $700 or so and then did a 4:1 stock split. Then it has continued to escalate up to today’s price range. Unbelievable…

I did a quick calculation. Had I held my NVDA shares my Roth account would be valued at over $3 million USD. This is a true story.

Lessons learned here is, don’t fall in love with a stock that has an unstable, unsure market strategy. This was back when JT was still running things. Then Karim and his henchmen. Now all that’s left is my hope that Denner and Company will be able to pull Amarin back from the ashes.

That’s pretty sad indeed. I’m forced to go back to work after being retired for almost 4 years.
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