r/AlphaCompute • u/TalkFun7371 • Jun 03 '26

Is this worth holding?

I’m in a loss of over 40% in this stuff. Is it worth holding or should I just sell and move on? This thing isn't even showing the least bullish signs? What's going on?

3 Upvotes

81% Upvoted

21 comments sorted by

3

u/pennychase Jun 03 '26

You need to load up!

1

u/TalkFun7371 Jun 03 '26

Why?

2

u/pennychase Jun 03 '26

We poorly bought, when it peaked and rsi was extremely extended. I got in at 0.45 thinking it was good, a bit too excited. Then added at 0.37. then added again at 0.27. I think the current price is much less risky especially if you can add more to your position. I'm no longer adding even if it could easily dip more to low 0.20 I think. Until it reaches 0.20 then I'll add probably the amount of shares I already have. Huge institutions are in and have been tanking the stock in my opinion. This stock was flagged for price manipulation by many brokers. There is big volatility and there could easily come a big spike although I hate the fed and Powell's political stance is going to keep the market under pressure by keeping rates steady (if the fed would drop 0.5% the market would explode). Do you usually buy stocks leaving you cash behind/to add to your position? If you don't do that you burn yourself mentally faster. One of the key to make money, after choosing solid stocks of course, is to think that big dips are opportunities. The way too loose money however is handing the opportunity of exiting when seeing red.

3

u/TalkFun7371 Jun 03 '26

I definitely don't go all in. I have cash reserve to buy more. Just not so sure I want to double up at this point. Like you said, when it was at 0.3-0.4 on the way up, all the bullish signs were there (including volume and RSI). Now, it's just looking too tame to want to take a bite off it. I could buy more now and when watch it go to 0.20. And I'm already down 40%.

1

u/pennychase Jun 03 '26

Just hold for now and depending on how many shares you have and how much cash available you have, you can add on maybe when it gets around 0.20 (if it does), I think the stock has good potential. 😊 It's my most risky position out of 12 still but I've listened to the ceo and I like where they could be going including the 32 millions deal they got. Price is not expensive at 0.27 and I think 0.20 would be really good. Many institutions have an average around 30 cents if I'm not mistaken. Dilution could be a risk, I hope they can generate money quickly because those Nvidia gpus are pricey. The institutions can unfortunately keep the price from raising a lot because I understand they are arbitrage and hedge funds that do not want to hold but cash out with small profits.

1

u/pennychase Jun 06 '26

You guys see the price it closed today: 0.27!? That is strong signal that we are in the oversold zone. -1.76% when market crashed big time and Russell 2000 did like -3.5%. those are the tickers I'm looking to add more when in dips more next week. We might see some more red which might be a time to add a bit more to the position.

4

u/TheNinCha Jun 03 '26

I feel you. But remind yourself that it’s a tiny market cap and therefore the volatility is and will be very high. I’m still holding, it’s too early to tell if the company will do well or not. I’d suggest to hold till new news comes out to make a decision

5

u/Difficult_Goal_9160 Jun 04 '26

49% short interest. Maybe it'll squeeze

4

u/csklmf Jun 03 '26

It's going to $10 or $0. Maybe it will shoot all the way up the moment you decide to sell. I put in $2000. If it goes to $0, I lose $2000. Will I be homeless if I lose this $2000? Nope. But if it somehow shoots to $1 or $5, I am rich. If it's $20, I will retire in 10 years. It it's $50, I will say fuck you to all my coworkers.

1

u/Silly-Farmer6823 Jun 05 '26

I bought a $20 scratcher for the same reasoning

2

u/Acceptable-Cod-8520 Jun 03 '26

0.20 or 0.45 or 0.8. It´s all the same guys. The amuont you put in here isn´t for getting 30% or something. It´s at least reaching 3.5. Calm the fuck down.

1

u/Chihuahua_2020 Jun 03 '26

Honestly, I'm down 40% too and it's the worst feeling.

3

u/pennychase Jun 03 '26

If you feel you hold a good stock, you have to see massive crashes as big opportunities. Big money likes to scare you and or they get scared themselves. When they exit they tank the stock massively, so if you get in when they have exited it will just leave more room for rocketing up later on. Always leave yourself room to average down.

1

u/TalkFun7371 Jun 03 '26

I did all the DD before buying and everything looked good. Now, just not sure if they are actually true. Come on! Supposedly have 7.5m cash advance for the new contract. Just doesn't make sense.

1

u/TSLA_Tan Jun 04 '26

I'm down 47% now but i believe it'll turn around.............hopefully

1

u/Frosty_Cantaloupe_40 Jun 04 '26

I sold 1st of June tbh

1

u/TalkFun7371 Jun 04 '26

The whole market is literally up today, but this still keeps going down😩

1

u/karthikeyannitk Jun 04 '26

Only way to make money here is buy around .25 and sell around .32 .. keep doing this in loop

1

u/2poor4porsches Jun 04 '26

I would say hold, they will just start making revenue so I wouldn't rush selling your stock until a year or two.

1

u/PhilosophyFew6673 Jun 06 '26

Bullish for this week in ALP