2Wk·

D-Wave Quantum price explosion

This week is $QBTS (+14.38%) by 65% and in the past month by 200%

Some have already written here on getquin that it is hype and shitstock.

What do you think?

And at what performance would you sell?

And would you sell your entire position?

I have placed a stop loss at €16 which would liquidate my entire position.

I would still go out with just under 90% but I wonder if it wasn't set too high

Many greetings to the quins here!

3 Comments

McZed@McZed

2Wk

Ask yourself whether you want to be an active trader or a long-term investor. If you believe in the market & D-Wave long term, I would stay in.

I made the mistake back then and took a 40%-50% profit at €4 as I was hoping for a correction. But it has risen further and further. I would like to be invested in the long term. However, I haven't found any entry opportunities since then. I would hold your favorable entry price and add to it in the event of corrections.

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Jan@Barrd

2Wk

Several points:
Yes this is a hype stock. Based solely on the sick and no longer normal performance.

I cannot say whether it is also a shit stock. I haven't looked at enough data for that.

Taking profits is always good. Greedy people usually lose a lot more.
In general, I like to do it like this: if the rise is too strong or at 100%, I get out with my entry + 20% of the position. That way I have my stake out/a small profit and still benefit from a further rise.

Stop losses are of course a good thing, however: with such shares, things can usually go down as quickly as they go up. With very high volatility. It is very possible that your stop loss will be breached, i.e. triggered several percentage points below. Be aware of this.

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stocker_2019@stocker_2019

2Wk

Let profits run... this share will reach much higher prices in the long term. There will certainly be a correction from time to time. But this market has so much potential that I wouldn't sell now under any circumstances.

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