RE:QBTS first few days of tradingI had a look at the recent earnings and trading history etc. This
Vancouver based company has been around for more than 10 years and from what I can see has vaporized over $300 million of investor money (pre Spac).
It is generating about $6million per year in revenue and losing about $15-20million per year. They have $60 million in cash and a $1.5billion valuation. I cant see why it doesnt trade below 5 soon....My 2 cents