Rigetti, D-Wave, and IonQ were three stocks I called out 12 months ago.
They ran 1000%, 800%, and 3x respectively before crashing back (which is why an exit strategy matters as much as the entry).
I believe these 6 stocks have a similar trajectory right now:🧵
Great commentary yet again from BTIG’s Jonathan Krinsky
•Party Like It's 1999. In 1999, the best performing Nasdaq 100 stock was Qualcomm (QCOM, not rated), up 2600%. The best rolling 52-wk return for QCOM during the entire dot-com bubble was 2600%, so SNDK is beating that by 1300bps. Interestingly, the second-best stock in 1999 was SNDK up 581%.
•More Extreme. If we look at the top 10 performing NDX stocks in 1999, they were up an average of 559%. The top 10 in the year leading up to 3/24/00 were up an average of 622%. The top 10 NDX names over the last year are up an average of 784%, beating both the dot-com periods..
The biggest question right now is how many shares AND call options $GME owns in $EBAY. If this has leaked we may be getting a 13D very quickly and $GME may already own way more of $EBAY than people realize...