RGTI Insiders still selling
Latest sells were on 21-Nov by CFO and CTO.
CEO Subodh Kulkarni sold ALL of his shares at $12/share
And while the company is burning cash and losing revenue, what are insiders doing? Still selling. The CEO still holds zero shares in his own company. Zero. Some people defend this by saying he has stock options, but that is not the same as owning the stock. For a company this young and unproven, a leader should have skin in the game. The people running this company are cashing out, not buying in. The fundamentals are getting worse and the insiders are heading for the exits.
$1.9M Q3 Revenue but a $8.5 B valuation
I still think shorting this stock back to the $12-$15 range is the right play, and the latest 10-Q report proves my point. I just read their quarterly report for the period ending September 2025, and the business is actually getting worse. Their revenue for the last nine months was only $5.2 million. That is a massive drop from the $8.5 million they made in the same period last year. A growth story company with shrinking revenue is a huge red flag.
So how are they staying alive? By printing a ridiculous number of new shares. They burned through over $41 million in cash in just nine months. To cover that, they sold nearly $347 million worth of new stock in an ATM offering. They are diluting everyone who owns the stock just to pay their bills because the business itself cannot generate enough cash. This is not a sign of a healthy company; it is a sign of continuing desperation.
Overall it will take atleast 10 years to get a useable quantum computer
Here's RGTI CEO Subodh Kulkarni saying 10 years in Apr 2025: https://youtu.be/_L63EdXlE_4
..and Mckinsey & Co.:
position 250 RGTZ – (inverse w/ 2x leverage)
RGTI – Insiders continue to cash out; down 69% (or so..)
byu/dnr41418 inwallstreetbets
Posted by dnr41418
29 Comments
I bought December of last year and sold in the 50’s, I have it on the watch list to look at sub $10 when it gets back down
Is rgti not shortable?
Why the inverse ETF? Does that subject you to margin calls?
Why not just buy puts?
https://preview.redd.it/gyzzxyjfdn4g1.png?width=1024&format=png&auto=webp&s=26df19b1fffe37ea382e97e567fa5a78a0a0fc5e
$RGTI is an absolute scam – CEO sold all his stock at $12 and quantum bulls think it has any value at $25?!
$8 billion market with hardly any revenue – best short opportunity
I bought in at 8 cashed out at 52 was a fun ride lol something just tole me to take profits dont regret it either
Absolute trash of a company, I hope it goes to ZERO – the entire management should be prosecuted for stock manipulation.
I have been using RGTZ as well as selling call spreads on this turd. Printing money.
Never in their wildest imaginations they thought the shares would trade for $2 in 2025, let alone $20 something. They would be too dumb not to cash out.
$RGTI is trash – literally a penny stock trading at $25 – that’s why management has been dumping the stock!
$RGTI is a scam!!!!!!!!
Insiders were selling this garbage at 2 dollars almost a year ago. They’re a bunch of regards.
i bought rgtz at $11 💔 i should’ve held
When the CEO dumps all his shares at $12 and you’re still bag holding at $30+ 🤡
This is like watching the Titanic orchestra play while the captain already took the last lifeboat
IM IN! Calls tomorrow baby!
I’ve been bearish on RGTI for a while but I hate how high IV and illiquid the puts on this company are. First I tried doing put spreads and the pricing was awful. Then I bought puts outright which barely move even as it tanks so hard. I have a small outright short position but being short a small-cap hopium company over 50% down from the top makes me nervous. Just not a great play.
what’s that red streak down the front of your sweater
Ionq, qbts, qubt as well. All cut from the same cloth
i paper handed puts a few weeks ago like a little bitch
So never heard of the reverse leverage..! Shit i should have brought this while ago to cover my losses
10 shares of RGTI @35 avg
I agree OP. I play the short side with bear put spreads.
It concerns me that anyone ever took this company seriously.
And you can add crap like the other “quantum stocks” and OKLO to that pile.
Even their stock ticker screams scam
So obviously negative which means it is a slam dunk BUY 🤑
SHORT $RGTI and the other shitco quantum companies $IONQ $QBTS
out of everything, you buy this dog water?
Rigetti Computing’s total revenue for the fiscal year ending December 31, 2024, was approximately $10.79 million. The company’s revenue has decreased over the past few years, from $12 million in 2023 to $10.79 million in 2024. The trailing twelve months (TTM) revenue as of late 2025 was approximately $7.49 million.
CEO redeemed all his shares
1.9m revenue and 8.5b valuation… yeah nothing suspicious there
How trash is it compared to IONQ?