Jan. 24 at 4:07 PM
⚠️
$QBTS – WARNING FOR NEW INVESTORS (SHORT TERM)
If you’re considering QBTS short term, understand these real risks based on filings — not hype.
🔴 Insider Selling (Red Flag)
• CEO Alan Baratz: sold ~828K shares
• CFO John Markovich: sold ~120K+ shares
• Other insiders sold ~18K shares
➡️ ~964K+ insider shares sold
➡️ ZERO insider buys
📉 Last 30 days: 68.7K shares sold (
$1.9M)
📉 Dilution Pressure
• Shares outstanding ~342M
• ~68–70% YoY increase
• Rising diluted share count + more dilution risk (~2.1% warrants)
⚠️ Short-Term Reality
Insider selling + dilution is bearish:
• Rallies get capped
• Pullbacks more likely
• Squeeze narratives fail
🚨 Final Warning
Buying QBTS now means:
• Buying against insiders
• Buying into dilution
• Risking becoming exit liquidity
⚠️ Ignore hype. Watch filings and share count.