r/wallstreetbets • u/fksakeisaidnobabe • 1d ago
Buying the RGTI Dip? Stop. Think. Discussion
People hyping up the dip on RGTI seem to be ignoring the elephant in the room: a single, casual comment about quantum computing from a tech CEO wiped out 50% of RGTI's share price overnight. Let that sink in for a second... half the market cap gone, not because of earnings, not because of product failures, but because of words.
Now ask yourself: what does that say about what was propping up the $18+ price? Spoiler: It wasn’t the underlying financials or fundamentals.
So why are you buying back in? Are you seriously betting that Jensen walks back his comment? Or are you hoping another big-name CEO decides to contradict him just to boost this stock? Because that's a pretty wild gamble when you think about it.
This isn’t about a calculated investment anymore... it’s about FOMO and denial. Some of you don’t seem to want your money. Just remember, markets can stay irrational a lot longer than your wallet can.
TL;DR: Be real with yourself before buying the RGTI dip. Is this a strategic play, or are you just coping?
Edit for clarification:
Clearly a divisive topic. Appreciate you all engaging and thanks for the award.
I’m seeing a lot of replies suggesting I’m bearish on quantum’s long-term potential. For clarity, I’m not. My point is that even at this dip, RGTI’s price doesn’t reflect its fundamentals or actual progress. If you believe in RGTI’s future, that’s fine... but why not wait for a price that matches its current reality?
If your plan is to time and profit off a dead cat bounce, great. Just be clear on your strategy.
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u/putridfries 23h ago
Regretti
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u/Silver-Rub-5059 23h ago
The lesson here is to get out of a penny stock when you’re between 200-400% up
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u/Ill-Construction-209 4h ago
Of course Jensen is going to say that. Quantum is the single biggest threat to his business. The irony is that it will be AI and NVIDIAs own chips that will accelerate the path to transition.
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u/ArgzeroFS 19h ago
Regretti spaghetti? Maybe we need to call on Resetti?
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u/cbusoh66 1d ago edited 23h ago
They did an offering in late November at $2 a share, that's what their management thinks its fair value is...
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u/fksakeisaidnobabe 23h ago
Nobody wanted to hear this over the last couple weeks.
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u/cbusoh66 23h ago
I tried, got downvoted immediately.
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u/Murky-Education1349 23h ago
same. but to be fair i was pretty smug about it.
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u/Zenyatta166 22h ago
Whereas now you're the model of humility...
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u/diamon_hoves 22h ago
Management doesn’t know how to valuate their own company!! They don’t know the possibilities!! How could they fathom the potential of their own technologyyyyy?!?! I KNOW QUANTUM BETTER!!! :27421::27421::31225::31225::31225:
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u/banditcleaner2 sells naked NVDA calls while naked 21h ago
surely if you thought this, why not gamble some money on weekly lotto puts?
if you had done this and eaten the loss for the last 2 months you would've turned a $100 weekly gamble on super far OTM puts into probably 20k lol
even the 0.01 put contracts yesterday opened today at well over 2.00
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u/NeverJustaDream 23h ago
To be fair, it really doesn't matter what their management thinks. It's what the market thinks. If you didn't want to trade quantum stocks out of the fact offerings are priced at single digit or low doubles, you'd missed out on literal 1000%+ movers
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u/Young-faithful 23h ago
But you’re really betting on hype and the momentum of it. The bubble could have burst anytime in the last month. Jensen just happened to open his mouth now.
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u/NeverJustaDream 21h ago
Why's that an issue? Trades remain nimble. We're not talking about long term investing
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u/AccessAccomplished33 21h ago
Because the post is about buying it "because now it has better entry price", that stock can be a falling knife. You can still trade it, of course, but I would bet that a put or shorting it would make more sense than buying it.
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u/TheSeldomShaken 18h ago
The thing about falling knives is that if you catch them, you look cool as shit.
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u/astuteobservor 23h ago
Momentum stocks, they die once momentum stops. Looks like all quantum stocks are dead or dying right now.
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u/fksakeisaidnobabe 23h ago
Agreed and to be clear, I'm not saying anyone shouldn't have invested. I'm saying, know what you're investing in and why... set up your stop limits accordingly. All this, with particular reference to people screaming about buying the dip now on RGTI.
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u/Techters 22h ago
A stop what?
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u/pennyplatinum 21h ago
Stop limits, so you can sell if the price dips to a certain point and cap your losses
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u/The_Only_Real_Duck 21h ago
Most big gapping moves happen in extended hours and stop limits don't work during extended hours. At least not for my brokers.
I heard think or swim let's you do it.
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u/YouHaveFunWithThat 23h ago
This is all the DD anyone should need. If you want to play volatility by all means but we’ve clearly entered the dump part of pump and dump. Still hurts looking back seeing I was day trading this stock between 2.50 and 2.80. Ik I wouldn’t have held to the top but at one point I had 20k in shares at 2.55 and made out with a $500 gain.
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u/banditcleaner2 sells naked NVDA calls while naked 21h ago
congrats on leaving 400k on the table lol
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u/BidPretty2109 19h ago
You know you wouldn’t of held to 50
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u/YouHaveFunWithThat 19h ago
You’re 100% right I would’ve sold the next day when it hit 3.10. Still crazy to think about though.
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u/bshaman1993 23h ago
Offering is done at fair or above fair value. Buybacks are done at fair or under fair value. Aka buy low sell high
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u/helloworldwhile 23h ago
Jensen didn't destroy 50% of the market, RGTI investors knew that there would be a rug pull at some point. you got screwed up by all the people that tells you to buy this stock.
This madness is like gravity all it takes is a little push.
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u/fksakeisaidnobabe 23h ago
I don't disagree, but I think they're was a variety of mindsets when it comes to RGTI investors.
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u/helloworldwhile 23h ago
I was getting Chinese investors pumping this stock! That's insane to me, no more Nigerian prince, or beautiful girl scam, I was getting supposedly hedge fund managers telling me this is a good stock buy.
I bet that market could dump a lot worse when asian markets open.8
u/No-Row-Boat 23h ago
Agree, moment I got in at 10.55 per share I never was as anxious before. It dropped below 10 that day, 4 days later I got out at 10.89. Think I made a $100, but didn't regret going out of it a second. With IONQ I understand that with their trapped ion solution they have unique capabilities that might hold the key to unlock quantum computing beyond the few qubits capacity we have these days (it's still a bet, but it's something unique). With RGTI I was just following along with the hype, had no idea what made this company so much better than all the others.
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u/Tastyfishsticks 14h ago
Got in at $10.55? Heck I bailed at $7 it was a penny stock a few months ago. It hurt seeing it hits $18 after selling but rug pull always comes.
IONQ I shall return around $7-$9
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u/JohnNasdaq 1d ago edited 19h ago
I got burned but fully understood it was mostly hype. WSB will, as it always has, find another meme company to pump to nonsensical heights for absolutely no reason. Trust the process
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u/banditcleaner2 sells naked NVDA calls while naked 21h ago
the money to be made is if you can find the wsb pumps before they go parabolic lol
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u/allllusernamestaken 18h ago
I bought LEAPS on a handful of quantum computing stocks because I thought they could be interesting looooooooooooooooong term plays. I had $0.50 calls on Regetti and D-WAVE that I bought when they were under $1/share and I bought some $3 calls on IONQ when they were around $5/share.
After the market went completely apeshit I bailed. I made so much fucking money but it's absolutely not worth it at these price levels. If they get back to being penny stocks, I'll buy more LEAPS.
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u/Outis7379 23h ago
But what if Elon tweets Quantum?
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u/Murky-Education1349 23h ago
if he though quantum was a good investment he would have done it already.
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u/Macchonk 16h ago
But DOGE was?
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u/Outis7379 15h ago
Or the whole Twitter debacle?
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u/Aggravating-Elk-7409 14h ago
Twitter was perhaps the greatest investment of all time. He literally pumped out propaganda to get his gay friend elected in the single most important job in the entire world and appoint him as personably as a cabinet member. 40 billion dollar acquisition for what could possibly 10x that over the next few years
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u/Intelligent_Flan_571 1d ago
Our Jensen hired bodyguards before he made that remark or what
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u/fksakeisaidnobabe 1d ago
Honestly, I don't think he was considering any ramifications.
He was asked a question, and he gave an honest answer. It wasn't strategic. It was off- the-cuff.
The fact that it had this kind of impact, is incredibly telling. RGTI, IONQ, etc., investments were purely speculative at prices above $5.
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u/WorkingGuy99percent 22h ago
The fact that it had this impact is telling that people buying quantum computing stocks did not know what they were buying. 10 year away technology, if lucky, is not something investors want their money sitting in.
When the GOOG announcement came, it was also caveated that this doesn't mean we will see quantum computing anytime soon. But no one wanted to listen to that and bought in now before all the monies could be earned. Now realizing it is too soon, everyone is jumping ship, rightfully so. A year from now, buy 100 shares in the QTUM etf to get in cheap and early, and then forget you have 100 shares of QTUM for the next 10 years.
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u/Lexsteel11 21h ago
I don’t disagree but keep in mind quantum is a threat to his business (eventually) so he is incentivized to deflate hype. I bought IONQ at $9 and holding with buy orders at $25 and $17 but watching it closely now
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u/jpsreddit85 23h ago
Yeah, he was almost certainly without security before he "bad mouthed quantum"... /s
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u/maxmcleod 23h ago
Even after the 50% drop: $2.5B market cap with $12M in annual revenue …
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u/DicksBuddy 19h ago
"Revenue". This is another company that will continually have to tap the market for funding until they hear "no mas" and the stock is back on the pink sheets where it belongs. Anyone buying this "stock" deserves to lose their $.
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u/SeparateSpend1542 23h ago
Anybody who follows the field knows we are at least 5-10 years out from anything potentially revenue generating. By then Google will have locked in market share. People heard Rogan talk about alternative universe computing power and got way too hyped for a sci fi fantasy.
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u/Buffett_Goes_OTM 23h ago
IBM is a stronger Quantum provider than Google, but Google is the better investment regardless
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u/DoU92 19h ago
IONQ is already generating revenue.
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u/SeparateSpend1542 17h ago
They are losing money hand over fist to get a few bucks in the door and prove a concept. They are nowhere near being self-sustaining let alone profitable for investors.
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u/Turbulent_Goal8132 14h ago
Generating revenue & profitability are 2 different things. You’re both right
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u/danby457 Beats Off to CBS 19h ago
In 5-10 years Google will [be relevant or control the sector]
Haven't we learned our lesson here yet??
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u/SeparateSpend1542 19h ago
At the risk of “this time it’s different”: the lock in effects from network, scale, regulatory capture, etc. make it very unlikely a small time player could make any significant progress before being acquired or competed out of existence.
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u/UpsetBirthday5158 23h ago
Goog cant even beat ms or amaz in cloud computing
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u/SeparateSpend1542 23h ago
Goog had the breakthrough and touted alternative reality computing. Launched much of this huge rally in quantum stocks,
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u/Typical-Inspector479 21h ago
it's too early to tell who will win marketshare
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u/SeparateSpend1542 20h ago
I think big tech’s resources will steamroll any smaller company like this
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u/hooves69 23h ago
Yeahhh bought all the ion Q competitors at 2ish when it started ripping. Should have sold some at the top, but even w the this dip I made a lot of money selling half. But yea, don’t buy today when it’s still up 500% lol
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u/fksakeisaidnobabe 23h ago
Glad you had the ability to put emotion aside, take some profit.
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u/akmalhot 23h ago
buddy, its still up 100% in a month, when it rises up that fast, it can fall much faster
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u/Reasonable_Base9537 22h ago
I got it:
Renewable Nuclear Quantum AI
Share price to 50
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u/tardman_mcmantard 14h ago
Renewable Quantum AI Robotic Blockchain Nuclear Drones
Share Price to 5869
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u/Jellym9s 22h ago
I bet that if some company came out today saying they discovered rapid teleportation, y'all would be throwing the second mortgage into public offerings.
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u/Machine_Bird 22h ago
Dude. A literal Google engineer on the Willow project said a month ago that quantum computing has no commercial value for at least another 3-5 years and other experts in the industry called him "optimistic" for that assessment. If you think QC is the next Nvidia you better be buying to ride the wave in 2030. If you think it's coming any sooner then you're more regarded than the rest of us.
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u/i_ce_wiener 23h ago
"Some of you don't seem to want your money"? Man, that's WSB, everyone hates gains here
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u/LuckyCharm200 22h ago
I made 5k with $200 in puts. That itself is strong enough for me to stay away.
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u/mmoney20 23h ago
Buying the dip doesn't necessarily mean investing. I think it's a good opportunity to buy into relief and sell on the bounce, likely friday for short-term trade. 50% drop on a sector in a single night does call for some kind of bounce. The top is definitely in for the quantum sector since the sentiment has shifted and it was purely euphoric market action and greed sending not only quantum stocks up and overall small and micro cap stocks flying - all markets down today. IONQ speaking at CES on Friday. Let's see what happens.
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u/WorkingGuy99percent 21h ago
QTUM etf....look for a bottom and buy some shares and forget you own it for the next ten years. May expect a tenfold return on the investment. Once I heard GOOGs announcement, and saw the gains, I have just been waiting for the drop to bottom out before getting a bit of money invested for a "set it and forget it" trade.
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u/LeavesOfOneTree 18h ago
Exactly!! QTUM down 5% today. Womp womp. Invest in QTUM and completely ignore the quantum market for at least 5 years. My gut says you will absolutely not regret it. Volatility is opportunity but quantum computing could literally rework society.
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u/Doulloud 21h ago
My avg cost for rigetti was $0.79 I sold at $8.00 won't even think about buying back in until its below $5. My current buy back target is $2.88.
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u/banditcleaner2 sells naked NVDA calls while naked 21h ago
$2.88 based off fucking what? lmao, this is literally a casino
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u/apemanactual 19h ago edited 15h ago
I'll be continually loading up on the QC sector for the rest of the year, and maybe into next year. And in 5 years, you'll regret not loading up on QC stocks when they're 10x current valuations. There is 0 question that QC has a very strong future. In 5 to 10 years, WSB will be nothing but posts of "Man, imagine if I had held all my shares when QUBT was $10, I'd be a multimillionaire right now". I understand this subreddit is designed for people who trade 0dte on a 1 minute time frame and will lose an entire mortgage on meme stocks before 10 am, but holy hell.
Edit: Everyone saw what NVDA CEO said today and read it as "no QC for next 15 years, dump it". What you should've read is "These companies are slightly overvalued at their current price. However there is at least a 5, maybe 10-15 year runway of positive news catalysts before the companies even begin to reach peak valuation". And it's true that they're currently over valued. But is this a bad price to be in at in a year? 3 years? A decade? If you bought last week, sure, dump it. I however, was waiting on this exact dip. And I'll buy every dip to follow. Just because something isn't going to 100x your portfolio at market open doesn't mean it's not a good investment.
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u/PupperRobot 9h ago
You falsely assume that these companies will be able financially last that long. You can invest now thinking you'll 100x your money in the next decade but you won't if they go bankrupt or stay alive through constant dilution like they do now. In that case your investment will be worth nothing anyway by the time the the stock price actually goes 100x and you still won't make any money.
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u/betboi 21h ago
I'm coping. I need a hug
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u/Antique_Bat5003 15h ago
Air hug, buddy. I'm having a depressing shitty night. You going to hold strong or did you sell?
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u/Proper-Store3239 23h ago
It really only says one thing. Investors are not buying stuff because they want to invest long term. It's all about hype and what a few people say.
Last time that happened was 1929. I expect a crash is coming for the CEO's who can do no wrong.
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u/mythrowawayheyhey 17h ago edited 17h ago
I mean I had all of my IONQ and RGTI shares sold off from stop losses today.
That's fine, that's why I put the stop losses in place. I've been riding this speculative rollercoaster for months. You can bet I bought back in at the bottom once it started showing signs of life, but for more shares than I had yesterday.
If Jensen or another GPU/CPU company CEO comes out tomorrow and says "actually I was wrong, it'll be 20 years before QPUs can do anything useful," then I'll thank him again while my shares sell off on Friday, and I'll buy back in twice as hard when the price settles at an apparent floor.
The technology has very profound implications on computation, and just because we may not see a QPU in our home computer for 10 or even 20 years, or whatever kind of marker y'all are setting, it doesn't mean that companies developing it aren't worth investing in. Nor does it mean that these stocks will flatline. They surged for a reason. And that reason will only become more apparent over time.
I will increase my # of shares as the price drops, and then I will hold.
The serious flaw in the plan is that I'm banking on RGTI or IONQ being as integral of a company as I'm sure QC will be for modern computing down the line. That may or may not happen, I don't know. For all I know, either one of them are duds in terms of the company 5 years down the line. The technology, though, I am entirely sold on.
So... I am buying into this specifically because I see it as a very, very, very good long-term investment. We're complaining about $10 and $20 drops now on stocks that were, a couple of months ago, penny stocks. Last week we were complaining about $5 and $10 drops.
The fact that the wind was momentarily taken out of its sails by a mere comment from a GPU company CEO doesn't really mean anything in terms of the potential value of the investment.
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u/cap_oupascap 17h ago
I have IONQ, QBTS, and QTUM. Bought end of October and even with yesterday I’m still up. QBTS I sold out my initial investment amount but now it’s back below where I sold out so many I’ll grab more.
I’m definitely holding these long term for much the same reasons you are. Also nuclear power stocks as well.
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u/mythrowawayheyhey 16h ago edited 16h ago
QBTS is on my radar for January 31st lol. At that point, I will buy back in hard. Til then, I need the realized losses :D
For anyone who read what I wrote and was even mildly convinced and who doesn't like to monitor their portfolio, QTUM, in my view, is definitely a good call right now, like NOW, friday morning pre-market. But like usual you should buy in slowly. If you want to invest, then at least do it throughout a single day, if not a week, or two weeks, or a month.
That way, you don't get hit too hard when you accidentally buy at an unfortunate price point. This IS still all speculative. But like I've been saying for months, it's well-warranted speculation, and quantum stocks are the kind of stocks that could justifiably go to the moon. This isn't game stop nonsense.
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u/Enough-Mud3116 15h ago edited 15h ago
This is the way I'm seeing this. The biggest assumption you're making is "I'm banking on RGTI or IONQ being as integral of a company."
I want to argue that since quantum computing has a time scale of more than 10 years, there is a very high likelihood that another company holds the reins as the foremost quantum company. It’s risky to speculate at this time that these companies are "the ones," especially when the field is still in its infancy. Quantum computing requires breakthroughs in hardware, error correction, and applications, and many of these advancements may emerge from startups or even academic labs that don’t exist yet.
We’ve seen this play out in other tech industries. Companies that look promising early on can be overtaken by later entrants with disruptive technology or better execution. Right now, the market feels too nascent and fragmented to confidently predict the long-term winners.
For example, while NVIDIA entered the GPU market in the late 1990s, it was considered just one of many GPU manufacturers. In the 2000s, NVIDIA pivoted toward general-purpose GPU computing with CUDA (released in 2006). This was a game-changer in industries like AI, machine learning, and scientific computing, where GPUs became integral. While competitors like ATI (acquired by AMD) focused on traditional gaming GPUs, NVIDIA’s foresight allowed it to dominate emerging fields like deep learning which were fields that weren't on most companies' radar at the time.
Another story for the WSB regards, Intel was riding high on its throne, flexing its dominance with minimal innovation, basically selling overpriced chips on the back of its reputation. They milked the same outdated architecture for YEARS while raking in fat profits. Then Ryzen dropped in 2017, and AMD pulled a full-on uno reverse card. By the time AMD hit Zen 3, Intel was legit getting ratioed in every category. AMD straight-up cucked Intel in front of the entire PC gaming and workstation community, and Intel's only response was basically, “Just wait, we’re working on it!”
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u/mythrowawayheyhey 15h ago edited 15h ago
Thanks, I definitely consider this to be a reasonable criticism. And it's one that I'm definitely trying to take into consideration, and it's why I pointed out that it was the "serious flaw in the plan."
It's also why I'm throwing money at the wall somewhat indiscriminately. Are you a credible QC company? If so, then I will buy some of your shares. Are you a massive player who has obvious credibility in terms of carrying out something like advancing quantum computing, but your shares are hundreds of dollars? Okay maybe I just buy 5 of your shares. You're really expensive lol.
And I mean honestly, if you're going to win big here investment-wise, it's going to be off of a company that makes its name entirely off of quantum processing units. Otherwise you're just investing in big tech like usual.
Yes... if neither RGTI nor IONQ are actually able to realize the benefits of the technology and turn them into a massive profit such that they are an integral player, then my shares in them don't mean anything.
But man... I'll be honest... I'm looking at them at like I was looking at AMD and NVDA when I was 19, and you can bet I would have invested in them back then if I had any money.
I spent my teenage years saving up for and building shitty DIY computers with shitty graphics cards in 90s computers, mostly AMD because they were the "cheap" option. I'd be incredibly rich right now if someone gave me $20k back then and told me what to invest in. I would have invested very heavily in both, and I would have lost a decent amount of money on Intel. My primary target would have been AMD.
Have I actually spent time like the teenage me, installing QPUs into my home computer? No. But I have browsed their websites and they're pretty sweet :D. I think a company like IONQ or RGTI, that is actually advancing computational technology, is far more valuable than a company like space X or TSLA. And it's not just because Elon Musk is an idiot. It's because the technology is far more valuable. There is still room for a massive surge here.
I'm hoping that just like when I was buying AMD products back in the 90s, the same holds true for today. Today, I'm a software developer with a degree in computer science and I honestly have researched quantum computing enough to convince me, per my college education in computer science, that this is game changing once it is realized. I'm hoping that my particular investments in the technology pay off long term, and I'm entirely and fully willing to throw money at the wall of this technology, even if some of it doesn't stick. And when it doesn't stick, I take it back down and try to throw it again, at a lower cost threshold.
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u/Trouts27 22h ago
Easy bro
We are just hoping some other guy says smth cool about it tomorrow and we get +30% - it's cool
No one here really cares about underlying value anymore
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u/Objective_Problem_90 21h ago
That's a very well thought out post highlighting the various risks here and should be heeded. Now please excuse me while I throw all of Nana's money into it. Poor house here I come.
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u/Spiritual-machine1 21h ago
Fair value $4 at best and that’s including speculation. They have 3M in revenue on their last earnings report. What billion dollar company makes $3M in revenue? I have no idea probably a handful or less and they likely have a debt strategy if this is the case.
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u/Particular_Base3390 23h ago
Because it's pretty common to have a second mini pump after the first dump.
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u/nav_261146 23h ago
Rgti is hyped at the moment . However this is stock to buy in bulk and hold forever.
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u/RadioactiveVegas 23h ago
looks like a good day to buy NVDA instead. Waiting for 135 range, but would love 132-133 as an ideal spot. Buying extra large if it does.
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u/Device_Dizzy 23h ago
Quantum is going up.. it’s just a matter of when. Yes it was overvalued, and yes it is correcting. But, thinking quantum is just another meme stock is just silly. It’s still a viable long play.
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u/Due_Benefit_8799 22h ago
I think the main concern was that the company was worth $4 billion when they have annual revenue of $12 million and they haven’t grown significantly in the last two years. Some tech companies are similar to bio stocks with their insane price movement.
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u/mido_sama 18h ago
Mod need to kick this logical OP .. I need posts about feeling and yolo on intuition
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u/Top_Cranberry_3254 15h ago
I knew this stock was shit, but it was irresistable. But I pulled out before today's bust.
IonQ is actually the bigger story. This was not isolated to Rigetti. IonQ had more credibility and it dropped 50% today in hours, $25 point drop.
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u/DyslexicScriptmonkey 22h ago
SHUT UP! BUY THE DIP! /s
He is 100% right, when you gamble, sometimes you win, sometimes you lose. Today I loss. Better luck next week.
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u/vacityrocker 22h ago
It was planned and done as instructed - clearly manipulated for puts to print - what's funny is that the comments reflect how easy it was to accomplish
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u/ImpossibleWar3757 23h ago
No. Don’t buy the dip. This isn’t the dip….. yet…..
Close your covered calls out at a huge profit and continue to sell covered calls to make your shares free….. eliminate the risk. Gradually sell covered calls.
If it pans out long term. Good you’re now a millionaire.
If it tanks over the next couple years as it burns through cash reserves unable to compete with its quantum big brothers….. you’ve made money on selling covered calls and your worthless shares were free anyways
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u/Mockingburdz 21h ago
Hard to make good money selling CC’s when the share price keeps going down. Your premiums will be garbageio.
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u/ImpossibleWar3757 21h ago
Even better….. implied volatility is through the roof….. making them more valuable than they should be.
The only reason you should be concerned about the price of the underlying is if your covered calls are at risk of being assigned I forgot this is Wall Street bets. Everybody looking for that lottery winnerMy point is one is never intending to vacate the position no matter what and the best way to make money while holding the position is to sell covered calls Roll the positions when necessary
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u/banditcleaner2 sells naked NVDA calls while naked 21h ago
fuck covered calls, sell your shares. this dumpster fire was $1 just a month and a half ago. and even post-dip its still like $10.
you cant wheel your way out of a 20x stock. calls will get eviscerated but so will your shares.
its not worth it. you don't wheel stocks that moon like this
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u/ImpossibleWar3757 19h ago
Why would I sell my shares if they’re free. I’ll sell covered calls and move on to something else If it goes to zero here in the next year or two. So what.
Let it sit It has high implied volatility meaning I can collect irrationally high premiums for the shares
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u/RonMexico16 22h ago
Most on these Reddit threads have never done a valuation based on earnings forecast. They’re all fiends looking for their next hit. A few minutes of staring at a chart and hearing a cool story about a stock and they’re pushing chips in. It’s fucking wild.
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u/WorkingGuy99percent 21h ago
Yeah, but I love coming here and finding those potential trades to research. Never would I have heard of eVOTLs if I didn't lurk here. Made 400% gains on ACHR, still holding for the long-term (two years) on that one for sure. That was early enough to make a benefit to my portfolio by hearing about such companies here.
No one could have predicted the push into Quantum stocks without knowing about the GOOG breath thru, but after reading up I had no interest in buying those because the technology is still so far away. However, I am now lurking the QTUM etf and waiting for the dip in that to bottom before buying.
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u/riprod 22h ago
Bought these calls when the stock was $0.66 and sold at $1.80. At its peak, I could have turned $750 in $100k if I didn’t fold my royal flush🤦♂️
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u/Top-Chip-1532 19h ago
Bought the dip. 15,000 shares.
Inverse WSB, always.
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u/jspark5 18h ago
Lol whats the % on that working for u?
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u/SecretSquritle 1d ago
The entire small cap market and market overall is down..
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u/jpsreddit85 1d ago
Yeah, there's general down... And there's 50% down... Let's not pretend those are the same
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u/Savedacat_saveplanet 23h ago
Speculative long term bet. Retail volatility. Kinda a dream stock if you value you it at 8.50-9
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u/Vee_32 20h ago
I think it’s important to remember, these are long term stocks. These are not a get rich overnight scheme. They will be important in the future. So while my “losses” today look ugly, I was no intending on selling today, tomorrow, next week, etc. these are long term holds. It takes time to grow wealth to be the next google, apple, Microsoft, etc. everyone now looking at those stocks can zoom out to 10 years or all time view and say, man, I wish I had got in this when it was $5…. Well guess what, that’s where these quantum stocks are right now. I’m holding. Most of my entries were below $5, so I’m still good, and if they get below that, I’ll add more. I already took out my initial investments on these when they were at their highs. I’m good right now.
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u/Anne_Scythe4444 one of those nvda accounts 18h ago
you're saying the newest toy in science has no future?
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u/askepticoptimist 18h ago
lol, "words" can just as easily make this thing go up 50% tomorrow. That's why
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u/Most_Sir8172 17h ago
CNBC had a guy on today who works in Quantum computing. He completely refuted what the NVDA CEO said and believes the guy does not know what he is talking about. I think it is true that NVDA is 15 years behind, but many other companies have products and are doing Quantum computing now.
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u/jswizzle6 17h ago
Also, consider that his comments were that quantum computing is ~20 years from being commercially utilized. May be a useful part of a long term portfolio. Likely want to diversify across technologies in development, but getting in on the ‘winning’ technology early is likely to pay off.
I think current value reflects investors future expectations. Many investors are likely well aware that this isn’t an area to expect big revenue gains in the short term, maybe today’s selloff is purging those who thought it was. Also, I’m sure many people who thought of it as a short term play made a profit selling today - at its price from about two weeks ago.
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u/Macchonk 17h ago
Why are y'all so bitter though?
What's wrong with people actually investing in a company/technology they believe will perform well in the future?
What's wrong with being early to a company you think could return multiples in 10 years?
What happened to the old saying, 'time in the market beats timing the market'?
Maybe OP needs to stop and think that no everyone spends their days watching stocks.
Some are fine parking their money in a company with potential to become the next big thing.
This is a calculated investment.
You leave money you're willing to lose and let time do it's thing.. That's investing.
If y'all want to wait until a company is already profitable and big before investing, that's your choice.
But for me? BUT THE DIP!!
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u/MasterpieceAble9042 16h ago
All the comments =>everybody heavily loaded on puts here.. What if it's rebounds next week, shorts will burn and squeezed...
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u/SpongEWorTHiebOb 15h ago
$12 million in annual revenue….thats it. Only the regards on this sub would pay $10 to $20 for this 💩
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u/GloriousPeen 15h ago
I got in at around $1.80 but only put in like $100 bc I had little faith and was planning on holding for a decade or so. Was very surprised at the pump and when it hit $20 I saw the writing on the wall and sold everything except like 10 shares lol. I can be upset that I didn’t put $30k in but whatever you can’t see the future and I’ll take an easy $1k thanks. People “buying the dip” is insane lmao. It’s over you missed the train try again next time. If you believe in qc then wait a couple months for the hype to die down then buy with intention of long term holding.
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u/shortgamegolfer Teflon Don 14h ago
In at $7.84, out at $19.25, back in at $9.45, out at $9.95. Always 2000 share trades. I love this stock! Zero shares on hand at the moment.
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u/dontkry4me 13h ago
Quantum Chips: Computing Like A Soap Bubble?
https://www.chaotropy.com/quantum-chips-computing-like-a-soap-bubble/
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u/soulintoxicated 13h ago
Folks are dropping their life saving on Hawk Tuah meme coin, and the comment section are out here trying to pass wisdom. Did yall forget this is Wallstreetbets subreddit not investing?
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u/tomrangerusa 12h ago
It’s kind of like the head of Goldman saying that online trading isn’t going to be a thing back in 2020
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u/CalabreseAlsatian 12h ago
I sold today, made 2k. Same for IONQ. Happy to make some money for once.
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u/Accord-ing_25_Tim 12h ago
I cut half my hold at $10, but I do believe this is a long hold in an industry that just hasn’t developed yet. Google just came out with something potentially legit in Willow. That’s from a Mag 7…
5 years ago we would’ve cut ties with AI. Those who didn’t are probably doing well now. Point is…don’t go “all in”. Make it an exploratory long term play. I think there’s room to grow and we’re just starting to scratch the surface of QC.
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u/Greenstoneranch 11h ago
The smartest thing these companies can do is offer a massive secondary all of them at w.e they can sell it for.
Raise enough money to remain operational for years.
Maybe when the technology becomes cost effective and useful they can spin off the profitable bit and let the rest wither and die.
People buying the dip on this are on there way to create a fantastic tax loss for the 2025 tax year.
When these companies crumble the next recession starts.
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u/The_Bart_The_604 23h ago
Many wrinkly-brained types agree with Jensen but nobody was hearing any of that when Google rolled out Willow. Buy puts.
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u/Snicsnipe 22h ago
Please stop with the sound financial advice, shorts like me want an opportunity to have more baggies come and join the party.
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u/Tight-Giraffe-2229 23h ago
People here laughed when Meta was at 90. Now it's at 600. The market is irrational, some fuckwit Jensen s opinion should not count one bit.
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u/fksakeisaidnobabe 23h ago
The fact of the matter is that his opinion did count. Significantly.
I'm not saying that Quantum and perhaps RGTI won't go to the moon at some point in the future.
I'm saying, think about what justifies buying in at whatever price you're considering.
If RGTI fundamentals were solid, a throwaway comment from Jensen wouldn't have tanked half it's market cap. That's the point being made here.
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u/Typical-Inspector479 21h ago
you're honing into rgti too much. all of qc stocks tanked equally. everyone is -40% across the board
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u/Tight-Giraffe-2229 22h ago
The fact that there's a semi decent chance that RGTI moons in the next 10 years is a good enough reason to buy. If it has 25 billion dollar market cap in 2035, I will have 10x'd the investment I did today. Where tf else do you find casual ten baggers like that? Certainly won't 10x your money if you invest in NVDA.
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u/fksakeisaidnobabe 22h ago
At what cost?
You’re banking on RGTI hitting a $25 billion market cap by 2035, but come on, a "semi-decent chance" isn’t exactly a slam dunk. Quantum computing is cool and all, but it’s still unproven at scale, and who knows how many other companies will eat RGTI’s lunch before then?
Plus, let’s not ignore the opportunity cost here. You’re locking up your money for 10 years on the off chance this thing moons. What’s the plan if it flops? That’s a decade where you could’ve made steady, solid gains on something less risky.
And yeah, NVDA might not 10x, but it doesn’t have to. A 2x or 3x on a proven company with real profits beats rolling the dice on a stock that could just as easily go to zero. Most people don’t even hold for 10 years... especially when the hype fades and the volatility kicks in (today being a good example).
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u/stiff_tipper 22h ago
sure but at that point it was a household name that everyone recognized and was advertising to billions of users. that's tangible value compared to a speculative play like regetti
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u/teamcemi 1d ago
5years ago people said the same thing about AI and Nvidia stock was at $6 ,yes quantum is years away but he guessed at 20 others at 5-10.
The article where he said this was from Dec 18 2024 if I understand it correct don’t know why it got hyped today.
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u/FangGore 23h ago
I thought it would be the first earnings call that would crash it. “What?! A 100k in quarterly earnings? Where’s the billions?!”
But, you’re right. Off the cuff remarks wiped billions in market cap.
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u/redditmodsRrussians 23h ago
After the meme stonk wars, I always follow the policy of not chasing after the price. If I get in at $1-3 and it rockets up? Well, great. If not? Oh well. If you try to chase it after it pops hard, you gonna have a bad time and end up with a lot of sleepless nights.
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u/AdReady649 17h ago
I am considering buying ten thousand shares if it stays near or below 10 dollars a share. I am looking at quantum computer hardware companies to invest in.
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u/Jellym9s 22h ago edited 22h ago
I am an investor with a Computer Science background. Anybody who knows anything about quantum computing knows that we know almost nothing about quantum computing. So if we don't know much, how can we make money with it? That's why research has been going on for decades. Quantum is always "20 years away". Current Physics understanding is not sufficient to produce practical results. We also don't really have many practical use cases that would be commercially viable. The Google news was a nothingburger. Most computing problems can still be solved more efficiently with traditional computing + AI. Quantum will remain niche at best for a while.
"If somebody says they know Quantum Mechanics, it means that they don't know Quantum Mechanics".
We're about to, and in the process of, witnessing a glorious RUGPULL of investors who have know idea what the underlying even does. You're really no better than a crypto trader.
I knew that all this quantum nonsense, along with crypto, china, air taxis... jeez. This really is peak bubble. I knew that all of this is BS. But like most bear cases, you're going to lose until there's a major catalyst. And that would be Jensen's words as an expert, what most of us in the CS/Physics/CE space already knew, but you'd get burned shorting since October. Made a nice 50% gain on OTM puts overnight, hoping to see IONQ settle back to reasonable valuation at $10.
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u/Typical-Inspector479 21h ago
what is informing your valuation of ionq at 10? that seems very low
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u/VisualMod GPT-REEEE 1d ago
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