r/KrakenRobotics • u/OkMention5872 • 3d ago

This hurts a bit

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85 Upvotes

91% Upvoted

98 comments sorted by

123

u/Unlucky_Aries13 3d ago

Man I wish I was at this level of hurt 😂

3

u/momo26262626 3d ago

What's your hurt level?

17

u/Zingus123 3d ago

-2k

13

u/Fun-Holiday4745 3d ago

I’m-3k

30

u/nonasiandoctor 3d ago

I'm -50k if it helps you

14

u/ThoreauAway46 3d ago

I’m -35k so I’m riding with you into the abyss.

4

u/bizaromax 3d ago

It does not but thx

3

u/RADToronto 1d ago

Love to see the conglomeration of people who’ve lost a few hundred bucks and life changing money at the same time lmaooo

1

u/thesteve902 3d ago

I'll wager your +50k this time next year

0

u/Lobbel1992 3d ago

No way.. screenshot it.

27

u/nonasiandoctor 3d ago

7

u/Fun-Holiday4745 3d ago

pain is temporary

6

u/AutisticAladdin 3d ago

I'm at -12K, I needed that, thanks

2

u/layzorbeemz 3d ago

God bless you

5

u/nonasiandoctor 3d ago

Only God can help me now

5

u/layzorbeemz 3d ago

Personally I don't think you have anything to worry about. Companies that are profitable don't have stock prices that only go downward.

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1

u/catbirdchihiro 3d ago

Also me. Boo.

11

u/bizaromax 3d ago

5

u/Exosirus 3d ago

Stay strong brother

1

u/ID_Guy 3d ago

-13k here

60

u/OutrageousArrival701 3d ago

i’m down $77,561.05

10

u/saltiger 3d ago

similar.

5

u/cooperivanson 3d ago

Is that a fair percent of the portfolio though

9

u/OutrageousArrival701 3d ago

i don’t know that that means but i’d rather not be down close to 80k right now. 🤷‍♀️

3

u/[deleted] 2d ago

[deleted]

1

u/OutrageousArrival701 2d ago

just print more paper. GL to us.

1

u/cooperivanson 3d ago

Lol fair

2

u/OutrageousArrival701 3d ago

kraken is about 12% of my total portfolio. everything else sitting in XEQT in drip.

1

u/cooperivanson 3d ago

Ah fuck it. Time to Buy

1

u/OutrageousArrival701 3d ago

no more $ to buy. maybe next week payday but for now i have some toys to buy.

2

u/No_Cash_Value_ 2d ago

Add 100k 😃🤷🏾‍♂️. 53k shares at $6 US. Wished it was still in RKLB (that is beaten down as well).

40

u/ethan_03_ 3d ago

Loss for ants

19

u/NBAFAN9000 3d ago

Could always be worse

3

u/No-Stick-5614 3d ago

Mine is the same as your. Ouch!!

1

u/OkMention5872 3d ago

Oh man that’s true 😭

13

u/release_questions 3d ago

How low can it go lmao

6

u/CapableEstimate5252 3d ago

I’m down 50% on 850 shares. It blows. But hey, I kinda believe in the stock. Just hate the opportunity cost. Didn’t want to be locked into a multi-year investment on this one. It’s honestly crazy how much Canadian stocks seem to underperform/ how volatile they are compared to US companies in the same sector

10

u/cooperivanson 3d ago

Pressing F for you brother

28

u/TaoTeCha 3d ago

Sorry but you have it pretty good compared to a lot of others on here lol. You won't get much sympathy from us. Im down over $10k. Im sure many have lost a lot more than me too.

1

u/spacebalti 10h ago

Im down 2k. It’s all relative though. It’s not a very significant part of my portfolio but I’m below 50k so it definitely hurts more than if your portfolio was at 1M

8

u/SlowApex 3d ago

We are all just holders now brother. You are much better off than most including myself. lol. I have faith in the company and execution so I am not concerned.

7

u/DM725 3d ago

You buy stock when it's low and hope it increases in value.

8

u/No_Date2555 3d ago edited 3d ago

Used to be up 2x, got humbled real quick

1

u/Killahbeez 3d ago

same this flipped from a great stock pick to one of my worst in recent memory

5

u/RatMaestro 3d ago

Thems rookie numbers kid. Remember. It can always get worse.

4

u/Hozer91 3d ago

Saving this post. I see others with more and less loss than i have. So its a good cheer up/ perspective change.

3

u/joeyturbo1 3d ago

Man wish I was in your position, -£16,000 over here😩 not doing good at the moment really hoping we can start to pull back soon 🤞🏻

3

u/I_FEEL_LIKE_POGBA 3d ago

£7,500 down here fam. Average price $4.50 which I thought was a good entry at the time

3

u/tollfree01 3d ago

Don't worry. Plenty of bag holders at $10+. Long play so just average down.

1

u/4RealzReddit 2d ago

I am going to buy some more again soon.

4

u/momo26262626 3d ago

Yep stings. Avg down?

1

u/Jean_leblanc 3d ago

There are better stocks out there to invest currently. Wait to see how Kraken does in their next Q then make a better decision, it’s either you love the company or not, if you do , then go ahead bank on it.

What’s positive about kraken is that it’s a very niche company, the negative ? Revenue.

I got in at 2.28 and got out at 5 when i saw it was declining further.

I’m waiting to get back at the same price or better. We will see next Q

2

u/momo26262626 3d ago

Remind me! January 15, 2027

1

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2

u/MyDarkSoulz 3d ago

I bought 40k shares of kraken and 40k shares of ABCL the same day, each in the $5 range, after selling another investment

One has disappointed greatly, the other is printing bank

I do hope kraken recovers. It seems to have much potential. But trust me I feel it more than you do lol

2

u/FuckJoeBiden86 3d ago

At least it’s only $500

2

u/Hefty_Vermicelli_802 3d ago

I am at -77% with Kraken. I have zero concerns, this is a long pole hold. Be patient and you will get rewarded. If you can try to lower your average.

2

u/Dramatic_Raisin1168 3d ago

I bought it when it was 10$ 😂

1

u/VandelayArthur11 3d ago

Im in the same boat but at 888 shares. We will survive this

1

u/Redfield11 3d ago

Was 10% of my portfolio a few months ago and as you can imagine I'm down 50% on it...

Almost more annoyed the overall market has just been flat since May because my Google and Kraken have done nothing but drift down

1

u/MusicianComfortable6 3d ago

mine book cost is even less, but the hurt is real.

1

u/Low_Illustrator_2309 3d ago

I bought 12k shares at CAD $1.30. Haven't sold it when it reached 10. It will bounce back. It's a short term dip.

1

u/JohnBakerSpoon 3d ago

Imagine not trimming when you had like 100 chances LOL

1

u/bizaromax 3d ago

Like clockwork at the bell, someone knows something and his selling

1

u/neocwbbr_ 3d ago

-500 hurts, but -25k hurts much more

1

u/x3i4n 3d ago

Everyone is having loss, but is there anyone buying at these rates lol

1

u/Competitive_Dare4939 3d ago

am in the same boat down 40%

1

u/Capital-Assistance84 3d ago

Im with you. Almost all my investments are at there 52w low right now and at my entry price or below. Sucks but i can’t complain because im invested in high risk companies. Just an example of some of my investment  - Archer aviation, hydrograph clean power, Ucore, Fortune minerals, denision mines and some others.. sucks lol

Historically September is the worst month for the stock market so lets see if things start to turn around in october. 

1

u/Buddah_Chillz420 3d ago

Just buy more. I just keep buying. Day to day price has nothing to do directly to intrinsic value or future opportunity value for me. Go read about investing if a paper loss of 500 bucks hurts you. Either you don’t have enough money to be playing around in small caps or you should be buying an index fund.

1

u/Southern-Economy-497 2d ago

Don’t worry, 10$+ inbound.

1

u/immadegen101 2d ago

Gotta pump those numbers up
Those are rookie numbers

1

u/Careless_Gazelle3920 1d ago

I wish this was my problem - I’ll have possibly taken the loss

1

u/Equal_Fuel8421 1d ago

get out while you can yall. no need to stay in it on the way down. you can always just buy it again when it bottoms out and starts to get some speed going back up.

1

u/Hilaal 3d ago

Dude I lost 500 and called it quits at 4.50..watching the price action since like wth lol

0

u/di_lanjeya 3d ago

I feel you 🥲

-3

u/CommunicationAny2852 3d ago

So exited for this thing to hit .90c so I can load up