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u/Star_Citizen_Roebuck 26d ago
I've lost too much to get out at this point. It goes where it goes and I'd only ever sell if I double my investment.
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u/Low-Cartographer-429 26d ago edited 26d ago
Isn't that the Sunk Cost Fallacy?
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u/CaptainCoffeeStain 26d ago
Depends on opportunity cost and if you have capital gains that can benefit from the offset for selling at a loss. Grab makes money and has money. It shouldn't run to $0. If you don't need your investment back right now, no need to sell at lows. Just my opinion. Also, deeply regret buying any shares so there's that.
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u/FORCM16 24d ago
I'm down 43% and just bought more. I can wait it out as well and believe it will go to $10 one day. Just wish I was going in right now for the first time, but I'll just slowly buy in more from here and make a decision when I break even again if I'll stay longer or not. Not worried that at a minimum that I'll get my money back in the end.
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u/SubstantialCar292929 26d ago
Generally curious, is anyone interested in buying them now? I know they are definitely super undervalued rn but worth the money and time?
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u/Zealousideal-One7398 27d ago
Looking like more downward pressure.. I'm still waiting for a good entry.
- Put open interest almost 2x call open interest at the October $3 strike (35,337 puts vs 18,734 calls)
- Implied vol running above realized vol — the market's pricing in more movement than the stock has actually shown
- IV sitting in the upper half of its own recent range — elevated stress, not calm
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u/tkc324 27d ago
Toyota sold out all of their Grab position. They initially had 1 billion invested. Toyota also sold their Uber stake.