$Rigetti Computing(RGTI)$ is falling like a stone now. Not surprising to seel this kind of volatile actions after two days of rocketing. Fundamentals remains. It's got no revenue to run on. All prices actions now are driven by hopes being spun on Quantum Computing.
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Comments
Guess you can either look at if as half glass full or half glass empty. My feeling is the momentum has/is changing. At this time, I feel it is time to sell. Let RGTI retrace down about 30-40% before thinking of going back in.
I may be wrong, but I feel this is a safer play for speculative plays like this.