12/20/24 - $BTQQF - I own a small amt at $2, but complicated
12/20/24 :: VROCKSTAR :: 
BTQQF
I own a small amt at $2, but complicated
- canadian quantum company focused on near term use cases, including chips (partner of
TSM one of my favorites) as well as 
STRK (starkware - a leading zk L2 on 
ETH).
- the CEO seems like a smart guy. i don't get scammy vibes from him
- stock simply popped bc quantum is the new "space lasers making salad bots and running on palantir". that being said, a lot of these quantum names (as i've written about under
QUBT recently/ this week as a short)... aren't all that investable
- equally, this "company" BTQ isn't really something that will return you big cash anytime soon. if there are perhaps a few thousand quantum researchers globally operating at a high level, BTQ has 30+ employees.
- point is, these guys seem well positioned to ride the wave and the stock's market cap is substantially cheaper than the hardware names - which in a sense is cool b/c while i expect BTQ to dilute at this stock price which keeps me from growing size too big (as well as i expect the multi billion caps to correct further lower which could take this sub $1 again)... at that pt i'll ow it again.
canadian too (and you can just buy the non OTC ticker if you live in canada asBTQ), worth noting, associated w/ waterloo perhaps one of the best quantum labs in the world and with tight ties to 
QBTS (d wave).
what do you guys think?
V
BTQQFI own a small amt at $2, but complicated
- canadian quantum company focused on near term use cases, including chips (partner of
TSM one of my favorites) as well as STRK (starkware - a leading zk L2 on ETH).- the CEO seems like a smart guy. i don't get scammy vibes from him
- stock simply popped bc quantum is the new "space lasers making salad bots and running on palantir". that being said, a lot of these quantum names (as i've written about under
QUBT recently/ this week as a short)... aren't all that investable- equally, this "company" BTQ isn't really something that will return you big cash anytime soon. if there are perhaps a few thousand quantum researchers globally operating at a high level, BTQ has 30+ employees.
- point is, these guys seem well positioned to ride the wave and the stock's market cap is substantially cheaper than the hardware names - which in a sense is cool b/c while i expect BTQ to dilute at this stock price which keeps me from growing size too big (as well as i expect the multi billion caps to correct further lower which could take this sub $1 again)... at that pt i'll ow it again.
canadian too (and you can just buy the non OTC ticker if you live in canada as
BTQ), worth noting, associated w/ waterloo perhaps one of the best quantum labs in the world and with tight ties to QBTS (d wave). what do you guys think?
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.