Ask HN: Do you plan to cash in (some of) your NVDA shares/RSUs?

by bobsoap on 5/30/2023, 9:45:15 AM with 3 comments
NVDA stock is up 22% since last Thursday. Right now, it looks like it may go higher today. Who knows where this rally may end, and how much of it is hype/irrational FOMO.

Those of you who work at NVDA and have vested RSUs (or have them coming up soon), do you plan to sell at least some of them to lock in profits at this valuation? Specifically, if you don't usually sell them right away, did this price increase change your short-term strategy?

If you have NVDA shares but do not work at the company, please share your thoughts as well. I'm in this camp myself and while my rational brain and experience tells me it would be a great idea to lock in at least some profit at these levels, I also see a real possibility that this is not simply short-term hype, but that it could be the start of a longer-term paradigm change for this stock (and related stocks as well).

I'd love to know the general sentiment around here.

  • by senttoschool on 5/30/2023, 9:48:43 AM

    I'm planning to buy more. I don't work at Nvidia.

    I've been reading HN every day to learn the latest breakthroughs in AI. It's generally one of the first places to post these latest breakthroughs and I read comments from technical people arguing how big of an impact is. Then I use this sentiment to buy or sell AI stocks. The goal is to be one step ahead of Wall Street, who are mostly financial analysts that don't understand tech or AI. They aren't nerdy enough to come to HN or read AI papers, which is why they were so surprise at Nvidia's insane quarter.

    It didn't surprise me at all that Nvidia had a blowout quarter given how much hype AI is getting in the tech community.