Nutanix stock

LinkedIn some1233
Mar 31 37 Comments

Have been holding Nutanix stock for around an year. The worst decision I ever made to invest heavily on this stock. Need advice on whether to sell this at a huge loss?

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TOP 37 Comments
  • Nutanix SunilPoti
    Sell before it hits $20. Next 2 quarters will be a miss and YtY decline. No pipe.
    May 10 5
    • LinkedIn / Eng qALR45
      You should leave your job at Nutanix if you know this for sure
      May 11
    • Nutanix SunilOut
      You were right. Stock in $20s. I trusted in this company and now I regret joining.
      May 31
    • Nutanix Ntnx20s
      I didn’t think you were correct. Obviously wrong. I can’t believe we are in the 20s. Total disaster!
      Jun 16
    • LinkedIn / Eng qALR45
      I think it will come back up. What does your management say now?
      Jun 16
    • Nutanix Ntnx20s
      They expect a long recovery. Stock won’t see above 40 ever again unless CEO leaves.
      Jun 17
  • VMware yogiman
    I bought it at 54, thankfully not many. Just gonna hold for now.
    Mar 31 6
    • VMware yogiman
      I don't see it happening soon. Already held it for long and it's only been going down. The only reason I'm not selling is because it's not much and I don't need that money right now
      Mar 31
    • Qualcomm dynasty001
      Me too. Avg cost $46. Worst decision. But i am like only $2k in. Id hold.
      Mar 31
    • Cisco bitset
      Same here. It was back to 54 a month ago. I should have set limit order then . I have Set limit order now to 53
      Mar 31
    • LinkedIn some1233
      OP
      Same. never thought it can come down >30% in a day. It is a torturous stock to own added with loss in investment
      Mar 31
    • Palo Alto Networks helping
      Agreed. I feel the same holding these stocks. I just put a limit of 50. I don’t have high hopes that it will go beyond 50$ anytime sooner and remain there.
      Apr 3
  • LinkedIn some1233
    OP
    ^ Interesting. I have been hearing these rumours since past one year but I don't think the management is willing to sell. The fact is they don't want to sell, just make false promises to investors
    Mar 31 2
    • LinkedIn L!nkedOut
      Who will buy them? They declined Cisco’s offer and now Cisco and VMWare are going to crush them IMO. I also hold some stock but not hopeful, I’ll sell and cut my losses soon
      May 7
    • LinkedIn / Eng lambda/\
      I will just wait. Don't need the money right now, but yeah regret the investment made here. Such a shit company
      May 7
  • Nutanix / Mgmt trek
    Hold!
    Apr 1 1
    • LinkedIn some1233
      OP
      The revenue numbers are guided down. There will be no growth compared to last year and the company will not be making any profit in the near future. Why do you say hold then?
      Apr 3
  • Nutanix SunilOut
    Looks like they were correct. Stock now in the $20s. Please leave DP!
    May 31 0
  • eBay / IT
    manorama

    eBay IT

    BIO
    Coder
    manoramamore
    How does the balance sheet look like ? How many years can they burn cash without profit before filing bankruptcy ?
    Apr 1 0
  • Lenovo #!
    I'm hearing a lot of strange rumors in my company which make me think they are getting close to being acquired. I'd hold.
    Mar 31 0
  • Cisco Eyeh
    Hold.
    Mar 31 0
  • Oracle GG_Warrior
    52 is kind of high. Maybe hold and next time it approaches a lil over 52, sell it all.
    Mar 31 4
    • LinkedIn some1233
      OP
      It looks high now. It went to 65, and at that time 52 looked reasonable
      Mar 31
    • Oracle GG_Warrior
      I usually evaluate based on the 52 weeks high and low scale. I lost money on nutanix in December and then sold it all. Now i bought it again during the 52 weeks low dip
      Mar 31
    • LinkedIn some1233
      OP
      ^ Now are you waiting for 60+? I really doubt this can go there in an year or so
      Mar 31
    • Oracle GG_Warrior
      Now i am only waiting for 50 something. Will sell it as soon as its around there. My average after buying in this dip is 36 now.
      Mar 31
  • Google perisher
    I would say Hold. But if you want to sell it, try to offset it with the profitable selling.
    Mar 31 4
    • Oracle / Eng SuchIsL1fe
      What do you mean by profitable selling?

      Invest in another stock and make profit?
      Mar 31
    • Google ovBk62
      Yes so that you can do some tax loss harvesting
      Mar 31
    • Google perisher
      If you have something to sell which is making you a profit and will likely incur a tax bill, offset it by selling nutanix at a loss.

      I wrote off my last year's snap losses that way.
      Mar 31
    • LinkedIn some1233
      OP
      That's a useful advice. Thanks!
      Mar 31
  • Oath Supremist
    What’s your average price?
    Mar 31 1
  • Nutanix Nhws64
    If you own stock why are you not selling covered calls and collecting the premiums to average down your price? Also buying long without having puts for insurance is insanity. Anything can happen with the stock.
    Jun 16 0
  • Gigamon / Eng
    chitchor

    Gigamon Eng

    BIO
    what's th is
    chitchormore
    It has history if crashing and bouncing back high.. I would suggest buy more and avg out and sell above 50 or 55. Thats what I am doing.
    Mar 31 0
  • Cadence / Product luna.
    Short high calls instead of selling to offset some loss, and reduce avg buy price
    Mar 31 0