QUBT and QBTS have already dropped significantly. Shorting now exposes you to potential losses if the stocks bounce back, especially given the NASA contract's positive fundamentals.
Not forgetting$Rocket Lab (RKLB.US)$was only $9 and now skyrocket up to $22 today right after award by NASA Contract.
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10baggerbamm
:
the stocks are coming down because it's a rug pull because they were in a bubble because they went up hundreds of percent as a result of money rushing in momentum investors bid them up to egregious levels evaluation that are priced 5 to 6 years in the future and they would be trading at 50 times to 75 times forward revenue five to six years into the future. that's what a bubble is and now you're watching it first it's as simple as that they sure and shit did not move on fundamentals
104913709 : yup, 26k contract
☆ BURNICE ☆ : We're playing the long term game partners
Jackdsnuts : I agree this is market wide and these stocks will recover. buying shares and leap calls on this mad dip
10baggerbamm : the stocks are coming down because it's a rug pull because they were in a bubble because they went up hundreds of percent as a result of money rushing in momentum investors bid them up to egregious levels evaluation that are priced 5 to 6 years in the future and they would be trading at 50 times to 75 times forward revenue five to six years into the future. that's what a bubble is and now you're watching it first it's as simple as that they sure and shit did not move on fundamentals