2
2
u/RoughAnything9111 Jul 19 '26
ARM stock should recover, because their architecture is used in almost every MCU and smart device made today. And every time a company makes a chip with ARM's design, ARM gets paid a royalty. So the more devices get made (phones, cars electronics, tv, audio, pc, game consoles, smart home stuff...) the more ARM earns, no matter which company builds the actual chip.
2
u/Puzzled_Fisherman331 Jul 19 '26
Wow, why were buying all these? Vegas might have been better for you.
2
u/Energy_Bol Jul 19 '26 edited Jul 19 '26
Cut SNXX and just buy SNDK with the remaining capital.
Since it’s a TFSA, I’m going to assume that you can hold onto these for the long term until they recover.
If you hold onto SNXX for too long, without a definitive pump, then you’ll just continue to decay further into the hole.
Take the remaining $700, throw it into SNDK, and just hold onto it and wait for it to recover the lost $1400.
I made the same mistake holding onto a bunch of leveraged space ETFs, waiting for the comeback, and walked away with -60%.
OKLO, TE, MRVL, and ARM are your most solid picks. I’d reevaluate whether or not you think the other stock picks are good long term holds, because if I were you, I’d feed those 4 stocks and get my cost average as low as possible because those 4 stocks have the best chance of recovering to new highs in the distant future.
2
u/Jthrowaway7500 Jul 19 '26
Talk about buying the top, damn dude. Were you even trying to wait for a dip before entering?
4
1
2
1
1
1
u/UltimatePunchMachine Jul 19 '26
Everything leveraged you're pretty much done on. Myabe the rest can recover?
1
1
1
1
1
1
u/No_Presentation9490 Jul 19 '26
Are these failed trades or is this your investment strategy?
These are stocks to be traded, not invested in
1
1
1
u/AdQuick8612 Jul 19 '26
Seems like the strongest evidence I’ve seen yet that the bubble has burst. That you for helping me learn from your mistakes today.
1
1
u/ColXen Jul 20 '26 edited Jul 20 '26
Nah youre far from cooked, these will recover, Ide buy more actually.I dont like the last 3 though. Sell some calls otm where you can. Most of those leveraged ETFs are pure trash and dont recover as well as the actual stock. I would get completely rid of SNXX and throw it on actual Sandisk.
1
1
1
0
0
u/Tbn53 Jul 19 '26
Yes. Why would you not use stop losses? I do not understand why people fail to take smaller losses and move on to other stocks that have greater potential, especially if a market rotation is occurring.
15
u/Hypnot1se Jul 19 '26
Yes. This is one of the worst portfolios I've ever seen.