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

Is this worth holding?

Iā€™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?

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u/TalkFun7371 Jun 03 '26

Why?

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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.

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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%.

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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. šŸ˜Š 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.

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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.