Rigetti Computing, Inc.
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BEARISH on $RGTI and all Quantum, $QUBT $QBTS, $QMCO, $ARQQ

585
Listen guys and gals, I found RGTI when it was in the 2S and I was super excited about it. It ran 1500% in 2 months, but let's do some math about how much money quantum computer manufacturers can actually make...

I may be wrong, but do you need a quantum computer? Because I do not. Nor does anyone I know. I read an article on tradingview here that said one company forecasted Quantum sales to total $8.9B by 2028. This seems far less lucrative than AI at least for now.

Example...RGTI has a market cap of $2.6B...now. They are seemingly digging deeper into a hole, bringing in 13M per year revenue and reporting a loss of $75M. Net margin growing in the wrong direction. Where is the value coming from? It will wear off in my opinion.

Just saying, might be a little early to be holding these. Buy when they are $1 again and sit there for 2-3 years. You're welcome...maybe.
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I did not realize that would post my whole grid. Daily is best bottom left.

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