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QUBT


               
2025 Aug 28, 3:51pm   764 views  12 comments

by Patrick   follow (59)  

I bought some shares of QUBT just on a lark. They don't make a profit yet and I have no great reason to believe that their quantum computing technology is better than anyone else's, but I thought it would be fun to have some skin in the game and watch the daily swings for entertainment.

One reason I bought it: Cramer doesn't like it, and Cramer is always wrong.

https://finance.yahoo.com/news/jim-cramer-warned-against-quantum-172413399.html


I’m also concerned about a company called Quantum Computing, $2.4 billion, with $400,000 in revenues in the last 12 months and again, very big losses.


Another reason: When I worked at Schwab, I learned that analyst recommendations are just like Cramer. When analysts have a "strong buy" on a stock, that is the best predictor of future drops. The second worst you can do is "strong sell", but analysts almost never give that rating because a company they rate "strong sell" will never talk to them again.

The best you can do, on average, is to buy stocks which are either rated "hold" or not rated at all. QUBT is rated "hold":

https://finance.yahoo.com/news/qubt-cash-rich-revenues-poor-190000249.html


With shares outperforming recently but still below the average analyst target, QUBT has a Zacks Rank #3 (Hold), suggesting investors maintain positions while awaiting clearer visibility on revenues and profitability.


Anyway, if quantum computing really works, it's going to blow all other kinds of chips out of the water.

https://quantumcomputinginc.com/


Comments 1 - 12 of 12        Search these comments

1   HeadSet   2025 Aug 28, 7:25pm  

Patrick says

When I worked at Schwab, I learned that analyst recommendations are just like Cramer. When analysts have a "strong buy" on a stock, that is the best predictor of future drops.

Yes, I followed Schwab's "A" rating on Playtika and regret it.
2   Patrick   2025 Aug 28, 8:55pm  

HeadSet says

Playtika



The company was founded in 2010 by Robert Antokol and Uri Shahak (son of former Chief of Staff of the Israel Defense Forces and Israeli Minister Amnon Lipkin-Shahak). In May 2011, the company was bought by Caesars Entertainment Corporation.


Personally, I avoid any company based in Israel or that has any connection to the gambling industry. Israelis have vast experience in running scams, and the gambling industry is literally institutionalized scamming.

Also, I'd avoid anything based in Boca Raton or Salt Lake City.
3   SharkyP   2025 Sep 3, 6:48am  

And I thought a Quantum Photonic Vibrometer was a sex toy.

It does seem an interesting play with lots of bounce. $12.72 looks like a nice entry point. 23% short interest. Stock has risen 6.3% since smart consensus sell rating , lol. As far as Playtika and the comment on Israeli stocks…I have found them to be highly profitable to my portfolio. But that’s just me.
4   SharkyP   2025 Sep 3, 6:50am  

Playtika? I’d just like to find a company that makes awesome games for my Apple Vision Pro that sits in the corner gathering dust.
5   Patrick   2025 Sep 3, 8:39am  

I actually did make money on a stock based in Israel, SodaStream. I didn't realize it was Israeli when I bought it.

It was ultimately bought by Pepsi.

It's not a political boycott by me. I've also read people complaining about Greek-owned companies, especially shipping, because the investors always seem to get screwed.
6   Patrick   2025 Sep 19, 11:18am  

Woot, doing well today:



I bought at the vertical line on May 6th. Didn't buy much, but it's still a fun game.

https://finance.yahoo.com/news/quantum-computing-skyrocketing-today-stock-174336456.html


Quantum Computing is soaring today in response to news that the U.S. Air Force is aiming to increase research in the quantum computing space and a report suggesting that the Trump administration could soon issue an executive order to accelerate the development of quantum technologies.
7   RC2006   2025 Sep 19, 8:13pm  

I bought some for fun after your original post im up 47% :)
8   MolotovCocktail   2025 Sep 19, 10:08pm  

Patrick says

Anyway, if quantum computing really works, it's going to blow all other kinds of chips out of the water.


...that includes cracking the encryption on Shitcoin. But the Shitcoin fluffers don't like hearing that.
9   Patrick   2025 Oct 3, 9:12am  

QUBT way up again today:



They don't make a profit, so don't blame me if you buy and they plummet. But I'm not going to sell. It's great entertainment.
11   HeadSet   2025 Nov 2, 2:18pm  

Patrick says

There’s almost no air, water, or electromagnetic noise, so quantum states stay stable longer

Lots of cosmic rays, though.
12   stereotomy   2025 Nov 3, 11:42am  

HeadSet says

Patrick says


There’s almost no air, water, or electromagnetic noise, so quantum states stay stable longer

Lots of cosmic rays, though.

That, and the full blast of the solar wind. That's why the moon's upper regolith is saturated with helim-3.

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