NVIDIA is the new bitcoin

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Tom Roper said:
This stock only has one way it can go, up!!!

(Hopefully, you didn't buy it in 2020 when it was $466/share.)
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No, my basis is only $27. But it has a hell of a long ways to go before I'm back in the black. Like I said, I knew it was a gamble. No lost sleep. And I must say It's doing better than my Virgin Orbit stock which went to zero and was delisted when they went bankrupt. Overall my winners way more than make up for my losers, so all is good. It's just monopoly money until you cash out.
 
Earnings on 4/1.

It's real. It's not really early. There's a chance though. It's got some financing. It's not making money yet. Some are betting on it. It's not yet had any sales or revenue. The income statements, cash flow numbers are meaningless at this time.

If the idea flies and they can build it profitably and it sells, then now is as good a time to buy as there could be, assuming some revenue happens soon. They've been at this now since 2018-2019 so a five year plan needs to be realized.

All the numbers are meaningless until they get some revenue. It can't really go down any farther than it has, just reflecting that investor patience is running out. Will they ever? Who can say?
 
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Tom Roper said:
(I keep Vanguard index funds in my portfolio, VEXAX, VFIAX, VTIAX.)

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I tried code tags around this but it just made a mess of it. Feel free to skip.

The end-Permian extinction 250 million years ago was caused by massive volcanic eruptions in Siberia that created a greenhouse-gas planet that prior to, oceans had temperatures and oxygen levels similar to today's. 96% of marine species were wiped out followed by millions of years when life had to multiply and diversify once more.

200 million years ago the supercontinent Pangaea started to rift apart.

One hundred million years ago, from Utah to the Missouri River, from the Arctic Sea to the Gulf of Mexico was a vast inland sea. 70 million years ago the seas retreated and Denver was tropical, and at sea level. The next 15 million years gave rise to the Rocky Mountains, to twice their present height, then slowly eroded away to half their height, buried by their own debris. Where they once stood in places, now a barren plain with only the peaks piercing the surface. Over millions of years, granite rock tumbled hundreds of miles in rivers and landslides. 25 million years ago thick layers of volcanic ash covered the cobbles. Over millions of years rivers flushed out eroded rock most of it ending up in the Missouri and Mississippi Rivers, transported into the seas. What's left are the mountains we see. Similar stories for the Grand Canyon, dried lake beds of the west, the Appalachians, The Great Lakes, Taconic Orogeny.

The same global forces that created continents, gave rise to the Rocky Mountains, the Alps, the Himalayas, The Pyrenees, the Appalachians; plate tectonics, and the same forces that created and continue to create the volcanic Ring of Fire, the Yellowstone super volcano; global volcanism, are the same forces that have the potential to destroy, and you can't change it.

At least five major ice ages have occurred throughout Earth’s history: the earliest was over 2 billion years ago, and the most recent one began approximately 3 million years ago and continues today. Yes, we are in an ice age, currently a warm interglacial that began about 11,000 years ago. The last period of glaciation, which is often informally called the “Ice Age,” peaked about 20,000 years ago. At that time, the world was on average 17°F colder than today. 130,000 years ago, the world on average was 8°F warmer than today. The current global average temperature is 57°F. From 50-75 million years ago, the average global temperature was about 72°F, determined from the fossil record. Ice core samples from Antarctica go back only 400,000 years. No matter what point you pick in Earth's temperature timeline, it goes up, and it goes down, and although man's influence is noted, natural causes are of greater magnitude.

Methane (CH[SUB]4[/SUB]) is a powerful greenhouse gas, and is the second-largest contributor to climate warming after carbon dioxide (CO[SUB]2[/SUB]). A molecule of methane traps more heat than a molecule of CO[SUB]2.[/SUB]
Methane comes from both natural sources and human activities. 60% of methane emissions are the result of human activities, agriculture, fossil fuels, and decomposition of landfill waste. Natural processes account for 40% of methane emissions, with wetlands and permafrost being the largest natural source.

Concentration of methane in the atmosphere doubled over 200 years. Estimates put this increase at 20 to 30% of climate warming since the Industrial Revolution (1750).

What caused Earth's biggest mass extinction? | Stanford Doerr School of Sustainability
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Alright, tough guy. You can't go 3 days without electricity. (Neither could I.) Neither one of us wants to live in a world of fire and flood and we'd both like our descendants to survive. Most of the geological changes you listed happened incredibly slowly. Our ship has sprung a leak and it's time to start bailing.
 
If the glaciers melt, if the sea levels rise, if it stops snowing, it's all happened before. If you include from the time of the earliest human ancestors, +/- 7M years ago, to the present, in the timeline of planet Earth, our duration as a species has been less than 0.16%. Earth was teeming with life before us, most forms became extinct by something, long before there were ICE's and CFC's to hasten it. Besides microbes, the oldest currently living species could be the ctenophore (a jellyfish like organism) which emerged 700 million years ago. Will civilization survive as long as the ctenophore has? Or make it to the finish line 5 billion years from now when the Sun runs out of hydrogen and begins the phases of star-death? We won't know but if geologic history gives any clue, it seems likely we will perish while planet Earth carries on. New Orleans, the Gulf coast, the East coast, it's going underwater. Sea levels will rise. The San Andreas fault is going to quake. Tsunamis will rise 600 feet. California will rift into the Pacific. Plate tectonics, volcanic activity are not over. It's all happened before. The continents continue to move, tectonic plates continue to grind, to subduct, magnetic poles continue to change, gravitational orbit will again be disturbed by Jupiter as before. Earth will continue to be impacted by asteroids and meteors as it always has. We've seen it repeat many times in the fossil record. Antarctic core samples reveal the atmospheric changes. The inevitability of it can't be stopped by "saving the planet" platitudes or magisterial decrees. The Chinese don't care, the Russians don't care, the undeveloped nations don't care. No one is saying we should not, but let's ditch political agendas and refocus on things that could really make a difference in your NYC life and your children's, like getting the plastics out of the oceans and renewable energy, but we don't have to flip over every apple cart in W. Virginia or Pennsylvania. Show patience and understanding. Be generous. Make diplomacy work, across the globe, and across the aisle.
 
Tom Roper said:
. The Chinese don't care, the Russians don't care, the undeveloped nations don't care. No one is saying we should not, but let's ditch political agendas and refocus on things that could really make a difference in your NYC life and your children's, like getting the plastics out of the oceans and renewable energy, but we don't have to flip over every apple cart in W. Virginia or Pennsylvania. Show patience and understanding. Be generous. Make diplomacy work, across the globe, and across the aisle.
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Whether or not the Chinese care, they're churning out $10k electric cars. I don't think Musk cares either, but he was smart enough to position his business somewhere that other people care.

I'm not advocating a maximalist approach to battling climate change. I'm just saying that it's a serious problem that deserves a serious response. And whether or not we're doomed, we will definitely "rage, rage against the dying of the light." That's our nature.
 
BYD might put him out of the car business the way they've been growing (doubt it, but he did mention them a few days ago and how well they are doing).
 
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