QBTS on anyone's radar?
Wondering if anyone cares about this stock. I've been watching it since ipo. I had been waiting for years for it to be available to the public.
I started adding a position at .63 On the way down, averaged down to .55 And been adding more as it keeps touching back on resistance.
This stock is 88% institutional owned. It was like 78%, they added around 40 million shares last month and institutional ownership went up to 88% at the and time.
With the float around 127 million, that leaves around 15 million public float. That's why it's moving 33% on 10 million volume.
Seems to be very low on the radar, a niche I suppose. I've believed in quantum since I read about it 15 years ago, I've been waiting for this day. IONQ dominates the charts, but dwave has been at it for going on two decades.
I think this might be a sleeper. AI and quantum will mesh, it's inevitable. This stock is a discount in my opinion.
This isn't advice, and I'm not a pumper. I'm excited and wondering why it's not being talked about. Even when it had 40 million volume in a day and 100% gains it didn't even show on fidelity's most actives. And it was in the middle of the chart on everything else they listed. Thought it was odd it's not being talked about.
Anyone else buying this stock, or stoked about quantum in general?
[link] [comments] https://www.reddit.com/r/stocks/comments/13v6wy7/qbts_on_anyones_radar/
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