Dec. 31 at 11:45 PM
Kudos to the people hanging on to
$TSLQ and making more money. I usually don't pay any attention to people pumping their pet stocks on forums, but somewhere down the page about a week ago someone quoted a random asset management guy about
$TSLA and
$QBTS being the most insanely overvalued no brainer shorts he'd ever seen. I looked up
$QBTS and it's the same story as Tesla, stratospheric valuation without a revenue stream to match, just lots of future promise if AI fulfills every dream and quantum computing is critical to that AND if
$QBTS dominates the industry. So just like Tesla, it runs up and down a lot on a daily basis as hype battles reality. Made about an 18 percent return today on a same day short of it with two week expiration options. Kept doubling down the higher it went til it inevitably turned and fell back to near the day's lows and I cashed out.