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/RonMexico16 1d 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 1d 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.