Jul. 16 at 6:03 PM
$QBTS Could this also be a strategy by some investors and insiders? Many may have sold near the highs, weakening market confidence and pushing the price down. They could potentially buy back before Q2 results to benefit from a recovery.
The key upcoming catalysts are the Q2 earnings release on August 6 and the potential CHIPS Act
$100M funding milestone. These could significantly impact investor sentiment and act as potential turning points for QBTS.
Till then, its quantum winter season.