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Time to Gloat - NVDA

So where are we on September 23, 2017 I said of I were going to purchase a stock I would buy NVDA Nvidia.  At that time I listened the price for the close of the day which was $179.00 a share.  On October 27, 2017 NVDA closed at $201.86!   Yes, let me say that again, $201.86 so for every share you purchased you made a profit of $22.86 a share.  So again using what I taught you in a previous article you now understand the value of purchasing more shares.

Example

1 Share = $22.86 - $6.95 commission (buy) - $6.95 commission (sell) = $8.96 profit
10 Shares = $228.60 - $6.95 commission (buy) - $6.95 commission (sell) = $214.70 profit
100 Shares = $2286.00 - $6.95 commission (buy) - $6.95 commission (sell) = $2,272.10 profit
1,000 Shares = $22,860.00 - $6.95 commission (buy) - $6.95 commission (sell) = $22,846.10 profit

How this would also be figured and reported on buy company and news organizations is that in just over 1 month the stock rose by 12.7% a very nice return on a short term investment!

So here is another way when they are reporting they make you think the gains and losses of the market are huge, or the market fall (or crash) is the end of the world when it is not. We are going to take two stocks value at both $100 a share. The market closes:

Stock A:  $100 closes at $150 = 50% gain
Stock B   $100 closes at $50 = 50% loss

Stock A $150.00 closes at $175.00 = 16% gain
Stock B $ 50.00 closes at $75.00 = 50% gain

News reporters will go wild "Oh my Stock B went up by 50% in on day!" You think they must be right the greatest stock in the world BUY! BUY! BUY!  the problem is you didn't see news the day before when they championed Stock A and said to sell Stock B,  So what should I buy? possibly both this is where other factors come in if you bought Stock A at $100 great, if you bought Stock B at $50 even better.

However in future articles I will talk about the factors that would influence why you might buy either Stock A or Stock B or both.  But for now I am getting ready to launch another pick, but I wouldn't sell NVDA just yet.







Donations: Paypal: williamswallstreet@gmail.com this is meant for entertainment and educational purposes only investments and purchases are your choice and I always recommend speaking with a licensed financial advisor before making any investment decisions.



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