JoeyJoe112
:
The fair value of these stocks is not even in the range it's at right now. That's the main problem. Quantum computing needs to develop as an area before the market can justify such high prices. The stock has gone from $1 to now over 11. P/E is loss. P/B is over 16. Once these numbers get better (I really hope it does) the market can/will go over even $20
151154561
Tango Charlie
:
Optimistically, the application of quantum computing in laboratories has only accelerated from decades to more than a dozen years, and the future of quantum computing may have to wait for at least 10 years. The recent surge is purely emotional. Once the US stock market continues to decline, this bubble will burst.
RocketRider : Huge short
Staying Strong OP RocketRider : So the hype is over?
Tango Charlie Staying Strong OP : Quantum is the future
Staying Strong OP Tango Charlie : So hold?
Tango Charlie Staying Strong OP : Yes
JoeyJoe112 : The fair value of these stocks is not even in the range it's at right now. That's the main problem. Quantum computing needs to develop as an area before the market can justify such high prices. The stock has gone from $1 to now over 11. P/E is loss. P/B is over 16. Once these numbers get better (I really hope it does) the market can/will go over even $20
Staying Strong OP JoeyJoe112 : And this can only be proven by time
Staying Strong OP Tango Charlie :
151154561 Tango Charlie : Optimistically, the application of quantum computing in laboratories has only accelerated from decades to more than a dozen years, and the future of quantum computing may have to wait for at least 10 years. The recent surge is purely emotional. Once the US stock market continues to decline, this bubble will burst.