Add to the fact he rerouted an Nvidia shipment of cards to X, that was supposed to go to tesla, and threatened to not bring AI to Tesla if he didn't get his pay package approved.
He got the package approved and moved any AI R&D over to X anyway.
Are you an MBA guy ? Yeah, R&D staff investment into R&D is useless indeed. Why waste money there when you can just pay the execs and sales guys, right ??
Build self-confidence in your trading skills. I'm in a similar position where I lost like 50% when I first started (got some back, pulled some out for house buying during early COVID) but since that mistake I've 2x'd S&P over the last three years.
Here's what worked for me:
1. Get good at reading price action across multiple time scales, and multiple indicators, simultaneously. I look to make plays where monthly, weekly, daily, and ideally hourly candle patterns and RSI/EMA bounces all line up. That helps me know clearly what trading range I'm looking at. If I don't have an obvious ressitance/support level I'm playing off, I don't enter the trade.
2. Set very clear, and tight, mental stop losses, and don't enter trades where you can't set them, no matter what your "gut" says. Because gut feelings are amorphous, you can't argue effectively with them - leads to confusion which causes anxiety and FOMO or panic about downside. As a general rule, I don't allow myself more than a 20-30% downside on trades, ideally less. Don't mess around with
trades where bid/ask takes you outside that risk.
3. Have a clear understanding of macroeconomics, global money flows, and how they relate to business cycles across different sectors, countries, currencies. Use that macro knowledge to check you technicals.
4. No pennies, clinical trial bio stocks, startups, IPOs, or other P&D prone sectors. Dilution risk is way too high and impossible to predict.
5. Last, and most important, do your research after market close, and write down your plays in advance. Doesn't have to be a lot, just a few line touchstone in a note taking app. Crystallized your thoughts and makes expectations explicit, so when you are nervous/emotional you can double-check your current gut with your *reasoned* opinion.
Ehh, other than R&D for the cardboard stuff it’s pure profit. Cardboard is cheap as balls and it has seemed to sell well. Nintendo is a novelty company first and foremost, so they can sell crazy shit and their devoted fans will cough up.
NVTS heading towards $2 or below, when I may consider starting a position.
The company may not be profitable until 2027, as revenue must be $200M in the management's own words to breakeven. Maybe with higher R&D and other operational costs, it would be $250M to make a profit. That is almost impossible by 2026.
How much cash runway NVTS has? How is the probable of a fund raise? If stock trades sub-$2, it could be a big dilution.