I would be much more interested if the symbol wasn't QBTS. While that is not on the level of Marc Cohodes "wig indicator" (basically if the CEO of a company wears a wig you should short the stock) it doesn't seem like the way a company that believed in their brand would go about this and a bit of a desperate move.
Looking at the annual report, those are some brutal numbers for a 20 year old company.
I will keep this on my watch list to short if we get back closer to $3.