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?
I would say Hold. But if you want to sell it, try to offset it with the profitable selling.
I bought it at 54, thankfully not many. Just gonna hold for now.
Do you believe it will bounce back? I believed in this company earlier but not anymore with the recent sales pipeline screw up
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
Short high calls instead of selling to offset some loss, and reduce avg buy price
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.
^ 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
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
I will just wait. Don't need the money right now, but yeah regret the investment made here. Such a shit company
52 is kind of high. Maybe hold and next time it approaches a lil over 52, sell it all.
It looks high now. It went to 65, and at that time 52 looked reasonable
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
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.
How does the balance sheet look like ? How many years can they burn cash without profit before filing bankruptcy ?
Hold.