The author questions why traders panic on $RDDT after a sharp drop, points to $AAOI and $M
The author questions why traders panic on $RDDT after a sharp drop, points to $AAOI and $MRVL as high-beta stocks that require conviction, and notes that being directionally right matters even if timing is off.
“How are all you regards on $RDDT down -99% after 2 red days? Is it that hard just to hold indiviudal stocks like $AAOI or $MRVL that are already high-beta? You can be right directionally, but wrong on short-term timing. One extra week or month makes a huge difference. https://t.co/UrbqiRIIta”Original post:X / @aleabitoreddit ↗
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RDDTWatch
-6.44% today
+22.47% 90d
Mentioned as an example of extreme volatility; the author mocks panic selling but gives no clear directional stance.
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