r/wallstreetbets 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#1 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.

Edit#2 for context some are missing:

For the multitude of comments claiming this was a ploy by Jensen to slow-roll Quantum investments... under Huang's leadership, NVIDIA has established strategic partnerships with multiple quantum computing entities, contributing significantly to the progress of quantum technologies through its high-performance computing solutions. He has skin in the game.

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u/Particular_Base3390 1d ago

Because it's pretty common to have a second mini pump after the first dump.

1

u/Zenyatta166 1d ago

Probably most of the regards crowing about their quantum stock predictive powers have 180 puts on Carvana set to expire this Friday....

2

u/WorkingGuy99percent 1d ago

It is not going to pump again now that people are starting to listen that this technology, that can make money, is at least 10 years away.

6

u/banditcleaner2 sells naked NVDA calls while naked 1d ago

what? lmao everyone knew all along that these companies weren't making money (or at least they should), the stocks just became so overbought that they were looking for literally any reason at all to drop.

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u/WorkingGuy99percent 20h ago

Yes…wait and try to get a good bottom.

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u/a_simple_spectre 18h ago

These companies aren't even gonna be around for decades though, the strat still makes no sense

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u/BBpigeon 1d ago

IONQ already pumping AH :4271:

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u/banditcleaner2 sells naked NVDA calls while naked 1d ago

are you willing to throw down money at $10 to predict another recovery dump even when the stock was $1.50 just a month a half ago?

I guess we're on wsb so I shouldnt be shocked the answer here is yes