2D·

It's been almost two years now that I've been

$NU (-0.27%) and for the most part, it was almost always in the black (sometimes even 40–50%), but now this damn thing has slipped back into the red for me. 🥲

14 Comments

MarTheRadi@marda304

So, not a million after all?

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He-Man D.@He-Man

@marda304 Almost no one becomes a millionaire overnight...

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Raketentoni@Raketentoni

It's going to drop even further, down to $10. I already explained why the price has fallen so much. There's a risk of dilution.

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jkb92@jkb92

@Raketentoni How did you come up with the $10 mark? I wouldn't rule it out, but the first stop would be the recent low, if anything.

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Raketentoni@Raketentoni

@jkb92 When we're talking about issuing new shares to finance the acquisition, technical analysis doesn't really matter. If they issue $5 billion in new shares, for example, you can figure out for yourself—based on the current market capitalization—how much the stock will be diluted and where the price will go initially.

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jkb92@jkb92

@Raketentoni Okay, so has the $10 been calculated?

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Raketentoni@Raketentoni

@jkb92 I know that the next major support level is at $11.20, where the last 52-week low was; otherwise, the next one isn't until $9.01, where we were on April 25.
We’ll see that $10 mark again when they publicly announce the takeover with a new stock offering 😬—feel free to hold me to that; take a screenshot.

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capital_captain_2693@capital_captain_2693

@Raketentoni Are you buying that?

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Raketentoni@Raketentoni

@capital_captain_2693 It stopped me in my tracks yesterday. I'm waiting—I have a limit order in. I'm waiting; I have time. The market isn't normal right now anyway.

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jkb92@jkb92

@Raketentoni I agree with you there—some stocks are more oversold than ever, and yet they keep falling; long-term uptrends are breaking one after another…

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SanSebastian@WarrenamBuffet

Two years is nothing. Why did you buy it? If it was a short-term gamble, you should have sold at 50 percent. If it's a long-term investment, check back in 2–3 years to see if your investment case still holds up.

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Dirty30@Dirty30

The market gives you several years to accumulate a stock at the same price, even though fundamentally it’s doing the opposite—and that’s a problem? This is where feelings of joy should set in.

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dividend_dynamo_wtbrk@dividend_dynamo_wtbrk

I think this stock, like many others here on Getquin, was hyped up. Well, here we are again, seeing how it all turned out in the end. Keep your chin up, stick with ETFs, and just let your savings plan run its course 💪🏼

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Olli@Olli68

A 100% drop is still possible.

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