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/apemanactual 1d ago edited 1d 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 18h 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/apemanactual 13h ago

Correct, it's not something you should put your full portfolio is, something this sub reddit could do well to learn. My plan is to sell 14dte OTM CC on a regular basis to scale positions initially and then once I'm at an average price and share count that I like, use CC premiums to continually diversify. I'd expect QC companies to be filing an offering sometime very soon if they have a pending shelf registration, knowing that their bubble has popped and they need to extend their cash runway off the back of the current run up, which will be a great opportunity to snag some shares at a good average price. Short OTM CC will be a solid way to hedge the positions and generate capital while waiting on the next big profit taking opportunity as these companies hit milestones and breakthroughs on what will hopefully be a long and fruitful road to achieving true quantum computing.

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u/Significant-Career59 8h ago

sad truth is, youre too paper handed to hodl, after a couple years, you'll sell and buy something else and realize holding shit stock has opportunity cost

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u/apemanactual 5h ago

In a few years it will already be uo pretty decently. I mean shit, Im up 30% from yesterday and I'm nowhere near scaled in. They don't have to reach true quantum computing for the stock to grow, every step they take in that direction will fuel growth. If I had to guess, they're probably back to peak valuation by EOY, if not making new highs. Will they out out multiple offerings? Likely, but that's simply a good time to scale in at good value.