RGTI: Contrarian Short Bet on Overvalued Meme Stock

The original poster is betting on the downside for Rigetti Computing ($RGTI), extending a trade into November, despite acknowledging it might be 'Regretti.' Comments support the bearish view by highlighting the extreme valuation (over 1000x sales) compared to its annual revenue ($14 million). However, other comments suggest it's a strong 'meme stock' that could go higher. This indicates a high-risk, contrarian trading opportunity for those who believe it is overvalued and due for a correction, or for those who want to gamble on continued meme stock momentum.