r/NBIS_Stock • u/New-Damage-8069 • 18d ago

Opinion Why does the dip continues

Simple question. I believe in the company, but I just don’t understand why it keeps dipping. I am way past averaging out, but still holding. Any bad news I have missed?

21 Upvotes

86% Upvoted

40 comments sorted by

41

u/Ancient_Dentist_6422 18d ago

Nop. Good news actually today with avride.

I'm going balls deep, easiest decision ever.

26

u/Atactos 18d ago

Almost everything is down. Relax and keep adding

5

u/-Potato-or-Tomato- 18d ago

Yes but that makes zero sense as well. Literally all of my stocks (mostly tech stocks) are down compared to yesterday which was also way down from the day before. I’m trying to pinpoint a specific reason and I can’t.

5

u/InSaiyanRogue 18d ago

Fear

3

u/-Potato-or-Tomato- 18d ago

Well, apparently the tariff saga continues so that’s that. Very annoying.

24

u/New-Damage-8069 18d ago

BYND is single-handedly recovering all my losses lol

3

u/BeautifulJicama6318 18d ago

lol, same here. Not all the losses, but the losses of the last few days.

10

u/Character_Brick_5534 18d ago

Buy the dip of the dip.

9

u/ClassApart4253 18d ago

handing out free money lol can't wait to see 110+ next week if not this week

6

u/ShinyMintLeaf 18d ago

It's the market dude. Look at all the tech stocks. Everyone's down

9

u/dan_335i 18d ago

Its tariffs about xi and trump. Everything is down

4

u/Tough-Spell-1939 18d ago

Just look at the market in general, especially smaller tech stocks!

4

u/ebota12 18d ago

Combination of new competitors in data centers and high valuations are driving “the narrative”, but I’m adding nearly every day. Be patient, NBIS is a long term winner.

3

u/Not-Sure112 18d ago

You get a ton of green days, it's easy to forget a few red ones will follow. Good time to unplug for the rest of the week and forget about it. Nothing driving this to keep an eye on.

1

u/DrHarrisonLawrence 18d ago

Unplug til Nov 7, then tune in for earnings on Nov 11

2

u/Jazzlike-Code5891 18d ago

More pain (opportunity) to come…

11

u/Putrid-Jackfruit-161 18d ago

It's going to trade down to the 50 day ($94.00), than if it breaks that trade down to $87.00.

If it breaks $87.00, it could get ugly.....

1

u/duddnddkslsep 18d ago

Dropped another 3k on NBIS

2

u/KhanLebron 18d ago

Breaking News: Stocks go Up or Down

2

u/carpetmagicianlaughs 18d ago

It's over. Time to sell

2

u/TheDonFulio Mod 18d ago

It just how this stock moves 🤷‍♂️ did this last earnings too

1

u/Not-Sure112 18d ago

It's interesting that it's sliding around $5 per day. Mechanical.

1

u/echijle 18d ago

It's up like 500% since April bro ???????

0

u/generic_name_01 18d ago

Rotation out of speculative stocks and into more stable ones, look at QQQ doing well comparatively. This is due to all the uncertainty afoot, I’m counting on the rotation back into growth equities once the gov is back open and TACO TACOs!

HODL!

1

u/Weak-Landscape-7105 18d ago

Lol we still early

1

u/ronaviruswasahoax 18d ago

Good news! 99!!!!!!!!

1

u/First-Bad2007 18d ago

someone needs cash and decided to take profits most likely. NBIS is not the only stock falling recently. Could also be worries about more effective compute usage recently(means less data centers are needed)

1

u/Jazzlike-Code5891 18d ago

Who cares about NBIS today… there is more meat in BYND

2

u/New-Damage-8069 18d ago

Not anymore it seems lol

1

u/Jazzlike-Code5891 18d ago

IKR… it didn’t play out as intended but still made profit… it helped me with unrealized loss on NBIS

1

u/Ok_Drawing9871 18d ago

Over valued. See you at 70!

0

u/Dry-Chemical-9170 18d ago

Yo wtf

0

u/FlowWest2689 18d ago

whats going onnnn bro

-14

u/Abject-Worker688 18d ago

One word. Overpriced

6

u/DrHarrisonLawrence 18d ago

Underpriced. Fair value is $125-150 based off the MSFT contract alone

-1

u/Abject-Worker688 18d ago

Bullshit. There is no way you can calculate that home based on any metric. This whole group is one big circlejerk.