Economy

commando said:
i assume that you know that it's the far right twitter folks claiming that Biden is doing it to buy votes with lower gas prices as per the post i responded to but you felt the need for snark so here we are.   
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I assume you read the article stating the administration is hoping to provide gas price relief, but it seems you didn’t so here we are :thumbs

 
Archy1221 said:
I assume you read the article stating the administration is hoping to provide gas price relief, but it seems you didn’t so here we are :thumbs
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I'm assuming you caught the part where the Republican House passed a bill to sell off the reserves and close them completely.

Then, when Biden does it, they cry and b!^@h and moan about it.

 
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BigRedBuster said:
I'm assuming you caught the part where the Republican House passed a bill to sell off the reserves and close them completely.

Then, when Biden does it, they cry and b!^@h and moan about it.
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I’m not crying or moaning or b!^@hing about.  Ask that question to those that are.   I’m clarifying the point you made that President admins not being able to affect gas prices. 

 
June 6th NVDA is going to split 10-1

Shares will be around 100 each BUT options trading will be insane on it because it will be so much cheaper.

They are CRUSHING expectations.  This f#&%ing stock is defying all odds and tripled this year.

 
teachercd said:
June 6th NVDA is going to split 10-1

Shares will be around 100 each BUT options trading will be insane on it because it will be so much cheaper.

They are CRUSHING expectations.  This f#&%ing stock is defying all odds and tripled this year.
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I’m not saying NVDA wouldn’t be worth it on it’s own but about 6 months ago I bought a pretty good chunk of SMH Van Eck Semiconductor ETF. It has done very well, primarily because about 20% of it is in NVDA, but it is a little more diversified with numerous other semiconductor and tech holdings. Up about 32% in the last 6 months. Not up as much as NVDA but still seeing the benefit while playing it a little safer.

And NVDA also increased their dividend 150%, from 4¢ to 10¢. It’s not a dividend stock but still…

 
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JJ Husker said:
I’m not saying NVDA wouldn’t be worth it on it’s own but about 6 months ago I bought a pretty good chunk of SMH Van Eck Semiconductor ETF. It has done very well, primarily because about 20% of it is in NVDA, but it is a little more diversified with numerous other semiconductor and tech holdings. Up about 32% in the last 6 months. Not up as much as NVDA but still seeing the benefit while playing it a little safer.

And NVDA also increased their dividend 150%, from 4¢ to 10¢. It’s not a dividend stock but still…
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Nice!

That new NVDA dividend I think is just a compliance thing.  Like you said, it is not a dividend stock at all.  

The 10-1 split will be interesting, should be a lot of volume on it two weeks. 

 
1st anyone using the Wallstreetbets logo shouldn't be taken seriously. 2nd these types of articles have been printed for the last 4 to 5 years and they've never come to fruition. Every day my news feed is jammed with doomsday economic articles from yahoo, MSNBC, Forbes, etc. but things continue to chug along.

 
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ZRod said:
1st anyone using the Wallstreetbets logo shouldn't be taken seriously. 2nd these types of articles have been printed for the last 4 to 5 years and they've never come to fruition. Every day my news feed is jammed with doomsday economic articles from yahoo, MSNBC, Forbes, etc. but things continue to chug along.
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Yep. There’s always the doom and gloomers predicting the worst. They just keep at until they get one close to correct and then say “I warned ya, I told ya so.”  What a miserable way to go through life, expecting, in some cases hoping, they will be proven correct.

 
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