12/26/24 - $rgti - FAFO $15. 200x sales. Short.

12/26/24 :: VROCKSTAR :: RGTI
FAFO $15. 200x sales. Short.

- you guys know my thoughts on quantum per a few recent posts on QUBT (lol) and BTQQF (long, but measured).
- but C-tier garbage like RGTI at 200x next year's sales and having missed missed missed (they do deliver pressers though!) might take a dump in your new year's stocking if mgmt r smart. they burn cash for as long as the eye can see... so dilution is par for the FAFO course.
- could it meme higher? obviously. y'all don't even own it, renting the C's and driving gamma in an illiquid tape.
- i'm short the next week P's at 13 strike will adjust accordingly, but one bad wick lower will drain the pond.
- as always, may the luckiest balls win. all the best if you're long, and in earnest, congrats. but if u don't pay urself here, i hope the logic is more nuanced than "quantum iz future".
- math matters

V