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/mythrowawayheyhey 1d ago edited 1d ago

I mean I had all of my IONQ and RGTI shares sold off from stop losses today.

That's fine, that's why I put the stop losses in place. I've been riding this speculative rollercoaster for months. You can bet I bought back in at the bottom once it started showing signs of life, but for more shares than I had yesterday.

If Jensen or another GPU/CPU company CEO comes out tomorrow and says "actually I was wrong, it'll be 20 years before QPUs can do anything useful," then I'll thank him again while my shares sell off on Friday, and I'll buy back in twice as hard when the price settles at an apparent floor.

The technology has very profound implications on computation, and just because we may not see a QPU in our home computer for 10 or even 20 years, or whatever kind of marker y'all are setting, it doesn't mean that companies developing it aren't worth investing in. Nor does it mean that these stocks will flatline. They surged for a reason. And that reason will only become more apparent over time.

I will increase my # of shares as the price drops, and then I will hold.

The serious flaw in the plan is that I'm banking on RGTI or IONQ being as integral of a company as I'm sure QC will be for modern computing down the line. That may or may not happen, I don't know. For all I know, either one of them are duds in terms of the company 5 years down the line. The technology, though, I am entirely sold on.

So... I am buying into this specifically because I see it as a very, very, very good long-term investment. We're complaining about $10 and $20 drops now on stocks that were, a couple of months ago, penny stocks. Last week we were complaining about $5 and $10 drops.

The fact that the wind was momentarily taken out of its sails by a mere comment from a GPU company CEO doesn't really mean anything in terms of the potential value of the investment.

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u/cap_oupascap 1d ago

I have IONQ, QBTS, and QTUM. Bought end of October and even with yesterday I’m still up. QBTS I sold out my initial investment amount but now it’s back below where I sold out so many I’ll grab more.

I’m definitely holding these long term for much the same reasons you are. Also nuclear power stocks as well.

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u/mythrowawayheyhey 1d ago edited 1d ago

QBTS is on my radar for January 31st lol. At that point, I will buy back in hard. Til then, I need the realized losses :D

For anyone who read what I wrote and was even mildly convinced and who doesn't like to monitor their portfolio, QTUM, in my view, is definitely a good call right now, like NOW, friday morning pre-market. But like usual you should buy in slowly. If you want to invest, then at least do it throughout a single day, if not a week, or two weeks, or a month.

That way, you don't get hit too hard when you accidentally buy at an unfortunate price point. This IS still all speculative. But like I've been saying for months, it's well-warranted speculation, and quantum stocks are the kind of stocks that could justifiably go to the moon. This isn't game stop nonsense.

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u/Antique_Bat5003 23h ago

:27189: Same, buddy!

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u/Enough-Mud3116 1d ago edited 1d ago

This is the way I'm seeing this. The biggest assumption you're making is "I'm banking on RGTI or IONQ being as integral of a company."

I want to argue that since quantum computing has a time scale of more than 10 years, there is a very high likelihood that another company holds the reins as the foremost quantum company. It’s risky to speculate at this time that these companies are "the ones," especially when the field is still in its infancy. Quantum computing requires breakthroughs in hardware, error correction, and applications, and many of these advancements may emerge from startups or even academic labs that don’t exist yet.

We’ve seen this play out in other tech industries. Companies that look promising early on can be overtaken by later entrants with disruptive technology or better execution. Right now, the market feels too nascent and fragmented to confidently predict the long-term winners.

For example, while NVIDIA entered the GPU market in the late 1990s, it was considered just one of many GPU manufacturers. In the 2000s, NVIDIA pivoted toward general-purpose GPU computing with CUDA (released in 2006). This was a game-changer in industries like AI, machine learning, and scientific computing, where GPUs became integral. While competitors like ATI (acquired by AMD) focused on traditional gaming GPUs, NVIDIA’s foresight allowed it to dominate emerging fields like deep learning which were fields that weren't on most companies' radar at the time.

Another story for the WSB regards, Intel was riding high on its throne, flexing its dominance with minimal innovation, basically selling overpriced chips on the back of its reputation. They milked the same outdated architecture for YEARS while raking in fat profits. Then Ryzen dropped in 2017, and AMD pulled a full-on uno reverse card. By the time AMD hit Zen 3, Intel was legit getting ratioed in every category. AMD straight-up cucked Intel in front of the entire PC gaming and workstation community, and Intel's only response was basically, “Just wait, we’re working on it!”

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u/mythrowawayheyhey 1d ago edited 1d ago

Thanks, I definitely consider this to be a reasonable criticism. And it's one that I'm definitely trying to take into consideration, and it's why I pointed out that it was the "serious flaw in the plan."

It's also why I'm throwing money at the wall somewhat indiscriminately. Are you a credible QC company? If so, then I will buy some of your shares. Are you a massive player who has obvious credibility in terms of carrying out something like advancing quantum computing, but your shares are hundreds of dollars? Okay maybe I just buy 5 of your shares. You're really expensive lol.

And I mean honestly, if you're going to win big here investment-wise, it's going to be off of a company that makes its name entirely off of quantum processing units. Otherwise you're just investing in big tech like usual.

Yes... if neither RGTI nor IONQ are actually able to realize the benefits of the technology and turn them into a massive profit such that they are an integral player, then my shares in them don't mean anything.

But man... I'll be honest... I'm looking at them at like I was looking at AMD and NVDA when I was 19, and you can bet I would have invested in them back then if I had any money.

I spent my teenage years saving up for and building shitty DIY computers with shitty graphics cards in 90s computers, mostly AMD because they were the "cheap" option. I'd be incredibly rich right now if someone gave me $20k back then and told me what to invest in. I would have invested very heavily in both, and I would have lost a decent amount of money on Intel. My primary target would have been AMD.

Have I actually spent time like the teenage me, installing QPUs into my home computer? No. But I have browsed their websites and they're pretty sweet :D. I think a company like IONQ or RGTI, that is actually advancing computational technology, is far more valuable than a company like space X or TSLA. And it's not just because Elon Musk is an idiot. It's because the technology is far more valuable. There is still room for a massive surge here.

I'm hoping that just like when I was buying AMD products back in the 90s, the same holds true for today. Today, I'm a software developer with a degree in computer science and I honestly have researched quantum computing enough to convince me, per my college education in computer science, that this is game changing once it is realized. I'm hoping that my particular investments in the technology pay off long term, and I'm entirely and fully willing to throw money at the wall of this technology, even if some of it doesn't stick. And when it doesn't stick, I take it back down and try to throw it again, at a lower cost threshold.

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u/BagHoldingHugo 19h ago

I’ll take a large frosty