@Cam
I’m posting this to warn retail investors about a possible pump-and-dump. I don’t have anything against any group, but from a US perspective, they’re unlikely to hand government contracts to a company that’s essentially operating as a Chinese firm in the US.
I’ve been hearing sketchy stuff about them for a while now.
Just read the Iceberg report and relax.
This feels like a smear campaign. Yes, QUBT has a NASA contract for $26K, and yes, it’s a legit quantum computing company. But the market’s hype has warped its actual value. If you want details, check their latest SEC filings.
@Addison
$26K is nothing. Why even bother with a contract that small? I deal with budgets, and my admin won’t even touch numbers under six figures.
Pippin said:
@Addison
$26K is nothing. Why even bother with a contract that small? I deal with budgets, and my admin won’t even touch numbers under six figures.
Fair point. I try to keep things balanced, but this forum seems to thrive on extreme takes.
@Addison
This company’s executives are paid way more than the revenue they bring in, all while operating at a loss. The hype keeps the stock afloat, and pump-and-dump schemes are clearly part of their strategy.
@Nuri
Exactly. The leadership gains directly from inflated stock prices, so they’ve got every incentive to play into the hype.
@Nuri
Yeah, I didn’t realize how much the company itself was involved in feeding the market frenzy. Thanks for pointing that out.
Addison said:
@Nuri
Yeah, I didn’t realize how much the company itself was involved in feeding the market frenzy. Thanks for pointing that out.
Most people talking about QUBT, whether for or against, are just trying to make a quick buck. The sad part is, pump-and-dumps always leave people holding the bag. A lot of those folks can’t afford to lose that kind of money.