This company specialises in full-stack quantum computing. It has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Quantum Cloud Services platform. It combined with Supernova Partners Acquisition Company II Ltd in March 2022.
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Building some superb over the cloud quantum computing. I’m investing into this company, lots of links to big players like AWS gives me confidence in longevity
Stock has tanked recently, what are folks thoughts on why?
Wow this has quadrupled in the last month! Are you going to keep holding?
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Still holding - up £30k!
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It’s a ripper, but gotta take profits into strength with these ones. I’ve been in and out of it on the way.
This (and the other stocks surfing the current quantum hype wave) have a tendency to tank rapidly once Wall Street decides the majority of the money has been made.
It reminds me of the huge pump in 2021 of the 3D printing stocks… DDD and the like. Remember? Ran for a few weeks until the music stopped.
Quantum is still in it’s infancy, nowhere near useful yet (I speak on behalf of a friend who is working on quantum for IBM) and most of these companies are completely unprofitable at the moment - much like all the biotechs that pump and dump / run up and then do offerings etc - or you get some activist short seller drop a half baked report to tank it and make a quick fortune from the panic.
Take partial profits on some of those awesome gains on the way up and don’t get left holding the bag.
Hats off! Super nice gain on that!
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Jeez!
-48% today?! Did someone on Wall Street read my post yesterday or something?
Yeah that was a large drop. Probably due to what Jensen Huang from NVIDIA said about them being years away.
@CYBER Did you cut any yesterday?
I sound like a broken record, but this is where access to aftermarket / overnight trading would’ve helped anyone in this name
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I did take a bit of profit but I got in at £0.88 and the volatility on the way up has me comfortable with it coming down. In my SIPP anyway so it’s a long hold.
I’m pretty sure Nvidia will end up buying them
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