Nothing special about RGTI, this is rising along other quantum companies like QBTS, QUBT, IONQ just simply due to quantum computing mania not an increase in sales or orders. RGTI burns cash every quarter and has been diluting shareholders every step of the way. Expect a big dilution from RGTI management to take advantage of the 10x run on the market cap; once announced it will send RGTI spiraling downward.
Trade closed: target reached
Regetti Spaghetti! Congrats if you were short with me!
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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.