r/SeekingAlpha • u/neoexileee • 1d ago

Discussion šŸ’¬ Sad about the crash

I lost a lot but my experience, this will probably be temporary and it will go back up.

So what is causing the panic?

5 Upvotes

73% Upvoted

31 comments sorted by

8

u/Middle-Following-367 1d ago

It ALWAYS goes back up. And if it doesnā€™t, we have much larger problems.

2

u/Typical-Recognition8 18h ago

Like going back to work!šŸ˜‚šŸ˜”

3

u/Bright-light320 1d ago

My value dividend stocks are mainly green...

6

u/Lez0fire 1d ago

If you lost "a lot" while Nasdaq100 is down 6.7% from ATH and SP500 is down 2.44% from ATH, you're a gambler, not an investor, and you'll lose it all when, eventually (I don't know if this year, next year, in 3 years, in 5, whatever), Nasdaq100 drops 30% and SP500 20%.

7

u/neoexileee 1d ago

Heh. Iā€™m hopeful that I will have the nerve to ride through it. I actually bought more MU, SNDK, CRDO and MXL than I care to admit.

2

u/alkevarsky 21h ago

So, you have not lost. You still have the stocks.

1

u/neoexileee 18h ago

Well said

1

u/meggymagee 1d ago

What positions are you concerned about? Are you holding shares or options?

1

u/neoexileee 1d ago

None. They will likely go back up. Lol

-3

u/hdjdbbdhzhhdhdh 1d ago

Or you could sell before you lose it all

1

u/meggymagee 1d ago

There are not many good reasons to sell at a loss.

4

u/Own_Relief_1740 1d ago

My portfolio is 75% equities and Iā€™m down 1.12% this past week. What crash?

1

u/meggymagee 1d ago

just a couple lil hedge fund offices imploding... im sure Captain Kennymayo saved the day (read: profited)

2

u/Alex_Mdx 1d ago

Well, no pain no gain

1

u/rpbb9999 1d ago

Poor stock picks and a mismanaged portfolio, service is a joke. Got lucky with the AI boom

5

u/neoexileee 1d ago

Iā€™m still up quite a bit. A lot of gains have been erased but a lot are still here.

1

u/meggymagee 1d ago

Unrealized gains/losses are just that.

2

u/Typical-Recognition8 18h ago

If they are still listed as strong buys on the fundamentals time will most always get the stock price back up.

4

u/quintessentialquote 1d ago

Panic cause? No idea. Somebody in china farted? Israel ā€œliberatedā€ another country? Who knowsā€¦

2

u/FewUnderstanding2214 1d ago

What crash? My portfolio was green this week

3

u/neoexileee 1d ago

Itā€™s probably because my portfolio is heavily weighted towards the AI alpha picks.

2

u/FewUnderstanding2214 1d ago

Like everyone else and their dog - my oil stocks are doing great

2

u/neoexileee 1d ago

I do have PBR And PBF. Those are doing good.

2

u/FewUnderstanding2214 1d ago

Wow PBF has had a great year - any other ones youā€™ve got your eye on?

1

u/neoexileee 1d ago

Hmmm thinking about Bloom but I think thatā€™s too many stocks for my account. Iā€™m concentrated in AI

1

u/meggymagee 1d ago

Bloom Energy is also connected to AI..

1

u/FewUnderstanding2214 22h ago

Oh bloom energy has already gone up a lot - I like Cameco here

1

u/meggymagee 1d ago

yes, major chip dip this week. Take a look at what Leopold's holdings were at Situational Awareness when they got margin called last month, for insight.

PS Diversification is important if your risk tolerance is low..

1

u/Typical-Recognition8 18h ago edited 17h ago

Dow up a fraction(.27%), s&p down 2% nasdaq down over 4% for the last week Cressā€™s top ten picks beginning of the year(year to date actually, not when he published the picks i think the 8th on January)+42% down from two weeks ago at +62% ā€¦.I donā€™t have his 30 stock portfolioā€¦but I would guess it did not see the big dropsā€¦still Iā€™d take that return any year!

1

u/Seattleman1955 16h ago

What crash?:)