Plummeting Stocks of 2024: RUN? HODL? BUY THE DIP?
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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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.
from that list shown above... I think not many to buy. maybe Tesla, if you believe in Elon [Happy]
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?
Currently, I am still losing a lot in Tesla stock. My strategy is to buy the dip and lower my average cost for my holding.
However, I continue to remain bullish on Tesla for its pioneer and innovative leader position in the EV sector. With all the great plans ahead like FSD, Robotaxi, cheaper model and also Jensen Huang's insight, I believe Tesla will gain investors confidence again once all these projects start to roll into market. A near term risk I could see is, in case Elon Musk's 56 billion compensation package is rejected, then it might cause Elon Musk to quit Tesla and will definitely pressure Tesla share price.
it's scary to see such deep dive [OMG] [OMG] [OMG] [Gosh] [Gosh] [Gosh]
I would hide [Observation] [Observation] [Observation] and not see [Blush] [Blush] [Blush]
I would not consider this stock right now and would run afar...
@TigerGPT @koolgal @LMSunshine @Aqa @Shyon @GoodLife99 @Universe宇宙 @rL @HelenJanet
Do you know any other potential stocks that have plummeted in 2024?
What would you do?
🎁Prizes
Comment Rewards:
All valid comments on the following post will receive Tiger Coins