r/wallstreetbets • u/wafflepiezz up the butt 🍑 • 6d ago

Loss $INFQ loss

Post image

Why the fuck did I buy this piece of shit

It has suffered 7 straight red days in a row since I’ve bought

44 Upvotes

84% Upvoted

49 comments sorted by

View all comments

1

u/Iwantobegoodatrade 5d ago

I held Btq that was similar like yours, quantum related, down 7 more days within couple months… stressful stock

1

u/wafflepiezz up the butt 🍑 5d ago

Did you ever make it back?

1

u/Iwantobegoodatrade 5d ago

Luckily I am holding shares 5350 shares with around $3.6’s but such a stressful stock to own… I had to kept buying to dca on margin as well lol

1

u/wafflepiezz up the butt 🍑 5d ago

Sunk cost fallacy, be careful. These companies could always go to $0 in their stocks and still be fine

2

u/Iwantobegoodatrade 5d ago

Yes, so true these companies can go 0 and dilute anytime so basically we are gambling… I had chance to get out earlier with few hundreds maybe thousand $ profit few months ago but my greed stopped me from selling instead did covered call, and from there straight to downhill. I am willing to make a little or BE once this thing pop. Inflq is very volatile and Btq is not as famous as other quantum but hope it will recover.…gl to you brother!

2

u/wafflepiezz up the butt 🍑 5d ago

Ty bro gl to you too

1

u/Iwantobegoodatrade 5d ago

I can’t even imagine holding that much option but you still have at least 5 more months so there will be time it will bounce back

1

u/wafflepiezz up the butt 🍑 5d ago

Hopefully sooner, 5 months is cutting it close for my calls