Dec. 28 at 10:06 PM
$QBTS Some people in this chat don’t like me, but I only share factual information. A lot of new investors are buying into this company without fully understanding what they’re investing in, and my posts are meant to bring clarity.
Right now, this move is driven by hype, and hype fades — just like it did with Rivian, NIO, and Lucid.
At current levels, the company is significantly overvalued. Even if revenues were to increase 5–10x, the valuation would still be stretched.
Be cautious about the narratives being pushed here. And yes, I’ll repeat it: the CEO and CFO sold a substantial number of shares last week during the pump.
