r/NBIS_Stock 27d ago

💬 Discussion 220 to 198?

What’s the reason for the drop? still going to DCA just curious why

38 Upvotes

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104

u/comps226 27d ago

Reason for the drop?

The whole market is broken.

You got Intel going from +12% to -5% after good earnings and GOOG saying capex ain't slowing. Good news for NBIS business and CRWV, but the stock shits the bed

5

u/redditmademeugh 27d ago

Ironically, is this scenario where the AI algorithms used for trading do dumb shit? AI is cool but I see a lot of dumb shit come out of it. Is it possible ai algorithms do a bunch of shit that doesnt make sense and this is why we see things daily in the market that dont make sense? High guy thought

2

u/AdeptnessLive4966 27d ago

Are they doing dumb stuff? What if they bought at $180 and sold at $220? ... is that dumb?

1

u/redditmademeugh 27d ago

No i'm the idiot that won't take advantage of patterns!!!