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.
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.
Trade active
I did not realize that would post my whole grid. Daily is best bottom left.