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Not if you understand what stocks are and how betting on biotech stocks is not a wise investment.
by pb7 3y ago
Not if you understand what stocks are and how betting on biotech stocks is not a wise investment.
- rvz 3y agoMy point is, 8% on earnings is hardly volatile. > Not if you understand what stocks are and how betting on biotech stocks is not a wise investment. So you're giving investment advice for putting money in NVDA stock at the top or all time highs, right now on earnings as a 'wise investment' to make 8% (after hours) when others are clearly taking their money out of the market. Unless you already invested in NVDA stock last year, that move is gone and you're just telling retail late comers to throw money at NVDA at the top for others to take their profits.
- saberience 3y agoIf you think Nvidia isn’t a volatile stock then you have no business discussing stocks at all. By any standard industry measure, Nvidia stock is highly volatile and it can be seen mathematically by just looking at the IV over time.
- rvz 3y ago> If you think Nvidia isn’t a volatile stock then you have no business discussing stocks at all. After warning not to buy stocks like NVIDIA at the top when other investors with larger capital are taking their money off the table? An 8% move in reaction to earnings is close to nothing to what I've seen as 'volatile' compared to the stocks shown in my original comment, which were up / down > 20% in ONE day without earnings. 8% is close to nothing for retail investors like almost everyone here and likely yourself. Also I'm not the one giving advice over looking at the IV or telling retail investors to jump into Nvidia stock at the top as a 'wise investment' or to use 0DTE option gambling strategies, a popular favourite with lots of retail traders. Now it is 10% down after the smart money started taking their profits off the top as I warned days ago whilst many retail investors who bought in at the top are now left stuck in the market.