Buying the RGTI Dip? Stop. Think.

[u/fksakeisaidnobabe]

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.

[u/Silver-Rub-5059]

The lesson here is to get out of a penny stock when you’re between 200-400% up

[u/DyslexicScriptmonkey → u/Silver-Rub-5059]

Wise.

[u/Iggyhopper → u/DyslexicScriptmonkey]

Too late. Bagholding.

I bought $10 archer puts though. Those printed for a hot minute, so I sold those.

[u/Aggravating_Quiet797 → u/Silver-Rub-5059]

As I never learn lol

[u/MikeSSC → u/Silver-Rub-5059]

What about down 100%?

[u/Ok-Chocolate2145 → u/Silver-Rub-5059]

At that %’s I’ll take profit and run? nvda had me doing it 3 times and then buy back in for the next run up?

[u/DixonDs → u/Silver-Rub-5059]

I got out on almost half of my position when it was x21. I will buy it back once it goes under 5 dollars.

[u/daeguamericana → u/Silver-Rub-5059]

That is very very good advice.

I sold only half cause I knew this after a certain beloved satellite company. But thought well 20% premarket is just like one day for spaghetti...and then boom another 40 ish down.

Nobody wants to sell when it is time to sell. I am thankful to spaghetti for what I did get and made some spaghetti today. Greed is no good.

[u/Silver-Rub-5059 → u/daeguamericana]

Yeah I learned it the hard way with pennies. The crash can be severe.

With RGTI, I got in at $3 and out at $11 after reading up a bit on the short/medium term outlook for quantum computing, combined with a general feeling that it was turning into a meme stock.

No harm leaving some of the profits in for a long term flutter but too risky holding it all.

[u/Keegletreats → u/Silver-Rub-5059]

Got out with 510% gains, was kicking myself I didn’t hold out another couple weeks to get 1000% returns, now I’m happy I sold when I did

[u/Silver-Rub-5059 → u/Keegletreats]

It did very well for a penny stock. Made up for a few of my bad picks.