Analysis of Reddit User's GOOGL Sale and Subsequent FOMO into NBIS/IREN

A Reddit user sold $128k worth of GOOGL at $192 based on social media claims that ChatGPT would make search obsolete and Google would face declining ad revenue. They then purchased NBIS and IREN at their 52-week peaks, resulting in account value dropping from a potential $212k (if holding GOOGL) to under $107k [0][3]. GOOGL’s fundamental strength—diversified revenue streams (search:56.6%, cloud:12.4%, YouTube ads:10.3%) and strong financials (ROE:35%, net margin:32.23%)—drove a 65.9% price increase from $192 to $318.58 [0][3]. In contrast, NBIS and IREN exhibited extreme volatility: NBIS dropped 34.9% from its peak of $141.10 to $91.90 [1], while IREN fell 36.9% from $76.87 to $48.49 [2].

1. Social media vs. fundamentals
   : The user’s sale of GOOGL ignored professional analyst consensus (81.2% Buy ratings [3]) and fundamental strength.
2. FOMO risk
   : Purchasing NBIS and IREN at peak prices amplified losses due to their extreme volatility.
3. Long-term value
   : GOOGL’s consistent growth highlights the benefit of holding fundamentally strong assets over reacting to short-term sentiment.

• Social media reliance
  : Impulsive decisions based on Reddit advice can lead to significant losses.
• Volatility
  : NBIS (52-week range: $18-$141 [1]) and IREN (range: $5-$76 [2]) pose high risks for short-term traders.
• Unprofitability
  : NBIS has negative EPS (-$0.19 [1]) indicating viability concerns.

• Fundamental focus
  : Prioritizing company fundamentals over social media sentiment can avoid such mistakes.
• Inverse strategy
  : The event supports considering inverse social media advice (though not guaranteed).

• GOOGL
  : 65.9% price increase from $192 to $318.58 [0][3]; 81.2% Buy ratings [3].
• NBIS
  : 34.9% drop from peak [1]; negative EPS [1].
• IREN
  :36.9% drop from peak [2]; mixed analyst ratings (JP Morgan Underweight [6], Canaccord Buy [7]).
• User loss
  : ~$105k from potential $212k to <$107k [0][3].