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Re: Whalatane post# 431445

Monday, 12/16/2024 11:10:37 AM

Monday, December 16, 2024 11:10:37 AM

Post# of 447903
Kiwi, I never trash you. So yes, RGTI is losing money and will need more. It's about the technology. All the ones I mentioned earlier use different technologies, hence my position in all of them. Google just announced a breakthrough on a chip that has a similar approach to RGTI, hence the markets may favor that more traditional approach. The balance sheet is really irrelevant, if the technology works, it will fly, if it doesn't, it won't. My expectation is they will all run igoing into next year. Maybe I will be wrong. Like I said there is a real potential for government money coming in early next year. If we get something from Congress, I will probably trim my positions on any surge from passage. Definitely cutting my position in AMRN once an official announcement on Italy happens.
RGTI is presently up 86% the past week, so I am going to roll with it.
https://www.nextgov.com/emerging-tech/2024/12/senators-introduce-quantum-reauthorization-bill-little-time-left-congress/401427/
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