# 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
[openinsider](https://preview.redd.it/vt4yhtpl5n4g1.png?width=1495&format=png&auto=webp&s=a2e79a4dc60a07592e3fc7024694dbd0cc36c3cf)
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](https://youtu.be/_L63EdXlE_4)
..and Mckinsey & Co.:
https://preview.redd.it/4sdafrsian4g1.png?width=828&format=png&auto=webp&s=40e22d9da96370be939c1413a43e2acb79277b15
position 250 RGTZ - (inverse w/ 2x leverage)
https://preview.redd.it/ohu1le96an4g1.jpg?width=625&format=pjpg&auto=webp&s=d8d5be4aae38f3378eb7ee6630987c541840464a