Stock Market is the bottom in?

[PatinPA]

QBTS making a big run again today. Which leads me to my next question/issue? How do you decide when to just take a profit and run and when to hold on to something. For the S&P500 companies I guess it's easier just to assume they're going to keep trending upwards. I feel better about holding something I bought at say $5 and it's gone to $10 but the 52 week high is $50. QBTS is bouncing around all time highs at $16.50-$17. How do you value a company and think the stock is going to continue going up?

 

[jsasker007]

The way I understand it QBTS is only going up because of the name. They are nowhere near the top of the field in Quantum. IONQ,RGTI,QUBT are all much better qualified. The vast majority of investors have no idea what the own, they just buy the name. jmho

 

[jsasker007]

OPEN has been on fire lately and is basically just the latest meme stock that is popular right now. Crazy volume and going viral on Reddit and X. No idea why. Idiots on Reddit are claim short squeeze with everything all the time. Once in a blue moon you actually have a short squeeze. The rest of the time the hedge funds can short a stock right out of existence if they feel like it. They have the funding to do it and get away with market manipulation because the "right" people are the ones profiting. Like politicians knowing they are going to pass billions in funding for a certain sector and invest heavily in stocks that will profit from it a day or two before the rest of us know. Illegal as hell. doubt it will ever stop.

 

[bwoods11]

I wish those Reddit guys would drive up SiriusXM ! They did it once & it went from $3 to $7.80 and I was able to sell quite a bit at 7.24.

Now it’s reverse split 10-1 & it’s only at $23.50 So basically back down to $2.35 (before the split)…

 

[Wind Gypsy]

I'm up 70% on ETH but I only have $400 into it unfortunately. I was just dabbling into crypto.

AMD has been climbing quickly too.

Thats a nice gain.

I recently threw out an early generation "smart" HDtv that no longer worked with most streaming apps and got really glitchy. I purchased it from a friend used for 1 ETH when that was worth about $300.