23 Comments
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To Gro's avatar

Greg said “NVDA will come back big”. No surprise here because Greg knows his stuff !!!

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Ol Hickory's avatar

Lol I bought in 2019 and pulled profits in 2021 when I was up 400% and then it went up another 2000%

Never count on the market to be rational. That being said, I would definitely sell most of that position if I still had it. Tech can’t run away from the economic reality forever.

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Robert R's avatar

Congrats man. Nice profit !

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Ol Hickory's avatar

Sucks that I missed out on 2000% more upside but oh well

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Robert R's avatar

You did way better than me man. It's almost impossible to call tops and bottoms

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Steve's avatar

Done!

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Robert R's avatar

Greg knows what he is talking about 100%

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Regina Keane's avatar

Take up a hobby you love. That might be the only therapy to cope with what is coming: https://www.youtube.com/watch?v=8xMeIwBnIpU

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Robert R's avatar

My hobbies are joinery and iron work. Lol it just ends up being more work. You're so right I need to find a productive hobby that will help me cope with this world. I've tried sculpture and drawing. I haven't found it yet. Just staring into the TV for hours and eating food is how I cope most days 😂😂💜

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LTINFP R2J2's avatar

TY

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Paul M's avatar

Sell it and invest in gold stocks, which are ripping, and have a long way to go!

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Steve G's avatar

Yes, I never thought of it that way. My take was whenever it is the dollar really starts accelerating down and ceack up boom concept builds steam, people are going to pour into gold, old Ferraris , art work, etc, they will pour into bitcoin for the same reason. Even non btc believers are going to pour in. Anything and anywhere they can hideout and sidestep the dollar revaluation.

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Ray Laporte's avatar

Are you sure resistance isn't becoming support?

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Robert R's avatar

The 10 year reinverted this morning

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Kevin R Tuso's avatar

I still prefer energy to tech. IMO.

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Luna Lyn's avatar

Another interest rate cut in November

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Luna Lyn's avatar

Greg, why take profits? There is plenty more to make as their new chip is in production now.

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Gregory Mannarino's avatar

Most trades are derivative bets, time decaying instruments. As I said, as an investment, longer term, as an investment-non derivative, stay in it.

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Steve G's avatar

I guess I missed this recommendation but I thought you were done recommending because some people would contact sec. Are their othere recommendations out there currently?

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Robert R's avatar

I remember a few months ago NVDA was in the high 70s. I could have bought it. In my opinion it has absolutely no value unless your buying opinions and puts. Lol its propping up the entire stock market only because of the Federal Reserve. But to own? Not for me absolutely not. 2 bucks book value. Just my opinion thats all 😊

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Oct 7Edited
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Steve G's avatar

I am sort off new to Greg Mannarino but one thing i remember is him saying he doesn't give stock picks because sec dragging him. Are there any other stock picks he gave recently? Is this the place where his members interact with each other?

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Oct 7Edited
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Steve G's avatar

Thank you very much fir helping me out. Everyone is so busy it's hard to get attention. And thank you fir the commodity list too. Well, Regarding nvda... maybe any stock iin tech fund jepq is fair game to buy individually if it's a buy on the screener or maybe he gave it out on his chat forum or in the comments on you tube. He runs at a hard and fast pace. I. His age and no way I could keep up with him. So thanks again and I guess I'll start reading everything he puts out.

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Oct 7Edited
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Steve G's avatar

Thanks for reponding! So that means he told the you tube subscribers he was buying NVDA? That seems like a strange buy for him.

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