Speculative Upside in Quantum with RGTI

about 1 month ago

"Now, stock number two, RGTI for Regetti Computing. Quantum computing is back in its dysphoria cycle phase. I actually think that there's arbitrage with that. We said in December 2024 that RGTI has way more decline, and in April we said it was beaten down to $857, and in June we said RGTI is still a buy even though it ran to $13 already. And in September, we said RGTI was about to break $20 and then it ran all the way to $58.15. I think once we get back into this range that we laid out in the mid to low 20s, it'll be ripe for a beautiful resurgence."

The speaker highlights RGTI as a speculative but promising play in the quantum computing arena, citing past price levels and rebounds as evidence of its volatility and long-term upside. The call is to buy and hold as the stock reverts to a more attractive pricing range, leveraging its potential in the evolving quantum landscape.

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