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/helloworldwhile 1d 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/No-Row-Boat 1d 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 23h 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