NVidia Stock Through The Roof
by Maarten Goldstein, Mar 11, 2000 6:29am PSTCBS Marketwatch is reporting that because of the X-Box announcement, Nvidia stock went up almost 100% this week, opening the week at 59 1/4 and closing at 118. If you happen to own stock in NVidia, you are a lucky mofo.
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Comments
already more than doubled it
I didn\'t hang on that long. I bought in @ $18.75 and sold (limit) on 11/19 when it gapped above $40. I told myself I\'d go long again when NVDA dropped to at least $25 again... it never did. :) It ranged between $35 and $45 till it blasted off middle of Feb. Can\'t complain about a one bagger though. coulda, woulda, shouldn\'t don\'t get you anywhere.
I *think* NVDA will drop a bit and eventually find support in $70-$80 range.
Basic rule of thumb around here..if Jack Matthews recommends it, STAY THE HELL AWAY FROM IT!! This guy picks em as good as my dog.
-si
I didnt. I\'m a wuss when it comes to my money. And now I suffer.
I should really look into some AMD shares. I doubt it\'ll ever grow as insanely as the nvidia stock, but I think theres some significant room to grow nonetheless.