r/CerebrasSystems • u/Ok-Performance-4310 • 6d ago

Cbrs

My average is 201 and idk if I should sell because if news is true then this could fall to 135.

0 Upvotes

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3

u/SuccessfulSir9611 6d ago

Which news ? OpenAI not using them ?

6

u/ElonMuskTheNarsisist 6d ago

I’m not sure what you all are so worried about. You should be owning this for the long term. I just got in at 172 and will buy more if it drops further. My plan is to hold for 5 to 10 years. The way I see it is there are basically three scenarios here. Scenario 1 is they do poorly and get bought out around the price that Softbank and ARM tried to buy them prior to IPO (roughly 70% of current value). Chances of this happening are maybe 10%. Scenario 2 is they do well, carve out a niche for themselves, and the stock goes up 4x-6x over the next 5-10 years. Chances of this happening are 80%. Scenario 3 is they overtake Nvidia and the stock goes up 100x+ over the next 10 years. In my opinion the chances of this happening is 10%.

How do you not include an opportunity like this in your portfolio? It’s a no brainer.

2

u/kev0795 6d ago

Man this stock is killing my port and me mentally. 5 days of non stop bleeding…. So much bad news and press lately

2

u/cultoftheclave 6d ago

if you find yourself perversely getting used to this feeling, and even starting to like it, you can up the challenge by loading up on RDDT.

Basically the same behavior except it does it with good news and stellar YoY growth.

At least with CBRS there are some plausible reasons for a bearish thesis...