Plummeting Stocks of 2024: RUN? HODL? BUY THE DIP?

MillionaireTiger
05-30

Welcome to Thursday Special![LOL]

So far in 2024, some stocks have surged by 130%, while others have been cut in half.

Do you have any stocks in your portfolio that have made your wallet weep? [Cry]

Let's take a look at which stocks have plummeted this year.

Here's a little-known fact in the stock market:

When a stock drops by 50%, it needs to rise by 100% to return to its original price.

Faced with these plummeting stocks, what will you do?

  • RUN? Sell quickly whenever it falls below your stop-loss price.

  • HODL? Hold on tightly—if I don't sell, it's just a paper loss.

  • BUY THE DIP? Buy more! Buying low means profiting later, betting on a rebound.

Do you know any other potential stocks that have plummeted in 2024?

What would you do?

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Which Defensive Stocks Are You Betting On to Outperform in a Market Pullback?
As the labor market cools, traders are pushing expectations for a 50 basis point rate cut in September even further. Despite the mixed market, defensive stocks continue to lead the way. 💡 Which defensive stocks are on your radar?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SPACE ROCKET
    05-31
    SPACE ROCKET
    HODL $NVIDIA Corp(NVDA)$ regardless of how it swings. In the long run, your investment is bound to pay off; given advancements in metaverse / crypto / AI + its usual biz of supplying graphic cards to many leading computer / laptop brands.
  • SPACE ROCKET
    05-31
    SPACE ROCKET
    RUN 🏃‍♀️ 🏃‍♂️  $Faraday Future Intelligent Electric Inc.(FFIE)$  $Sea Ltd(SE)$ $Grab Holdings(GRAB)$

    Not sure when will SE return to its all time high. Highly doubt it will as all other stocks have already ran and SE is still left behind. Lagging behind peers in the industry.

    Besides, investing on SG stocks on the US market is silly. Lack of traction and trading volume makes such investments suicidal. Why will investors all over the world be keen in teeny tiny SG stocks on the US market?

    FFIE has too much headwinds to ignore. Not my cup of tea. If even TSLA is struggling, FFIE would be in deeper waters.

    • SPACE ROCKET: 
      Not sure why my tags always disappear. It's annoying.
  • SPACE ROCKET
    05-31
    SPACE ROCKET
    Buy the dip on $CleanSpark, Inc.(CLSK)$ and $Marathon Digital Holdings Inc(MARA)$ Huge upside potential if you're a Bitcoin Bull.
  • Mrzorro
    05-31
    Mrzorro
    I will choose hold, which is what I am doing now [LOL] [Spurting] keep telling myself that just paper loss only [Duh] I even buy the dip to lower the cost and bet on rebound. In the end, more dip it go [Facepalm] Maybe I should sell it [Cry]
  • highhand
    05-30
    highhand
    need to see what stock. whether good stock with consistent growth, whether you want to invest in that sector eg tech, consumer, financial,etc...
    from that list shown above... I think not many to buy. maybe Tesla, if you believe in Elon [Happy]
  • nomadic_m
    06-02
    nomadic_m
    *run? hold? or buy the dip?*

    none of the above. auto invest DCA in progress & no eye see 🙈 $iShares 20+ Year Treasury Bond ETF(TLT)$. eventually the fed will cut interest rates right? Or are we destined to normalize living in a world where inflation is as ubiquitous as meat and veggies on our plates? It's like, will we ever catch a break from this financial pressure cooker, or are we doomed to simmer in a stew of rising costs forever?

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