Guavaxf30
01-16

‌$Rigetti Computing(RGTI)$  ‌is falling like a stone now. Not surprising to seel this kind of volatile actions after two days of rocketing. Fundamentals remains. It's got no revenue to run on. All prices actions now are driven by hopes being spun on Quantum Computing.

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  • Guavaxf30
    ·01-17
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    Impressive rebound to end the day up 2%. But at one stage it was up more than 20%.
    Guess you can either look at if as half glass full or half glass empty. My feeling is the momentum has/is changing. At this time, I feel it is time to sell. Let RGTI retrace down about 30-40% before thinking of going back in.
    I may be wrong, but I feel this is a safer play for speculative plays like this.
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  • xnovan
    ·01-17
    TOP
    I think you should get back your words soon…
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    • Guavaxf30: 
      Sorry but my view on this was right. Hope you are okay.
      01-18
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  • Guavaxf30
    ·01-17
    Sick. I knew there was going to be a drop, but I did not expect it to be so bad. In a day when all tech is racing upwards, to be registering a drop of more than 6% is scary.
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    • Guavaxf30: 
      Scary **ies. Closed more than 11% down. But for penny companies like these, you have to expect the best and the worst. Highly speculative and sentiment driven. For to be clear, the company has ridiculously low revenue and zero profit.
      Go in with eyes wide open please.
      01-18
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