$0.07 (0.54%) Today
52 Week High
52 Week Low
7 Days Mentions
USA IONQ vs China QuantumCEK the quantum war begins? Shares in a Chinese tech company soared 924% during their trading debut on Thursday, according to Bloomberg. QuantumCTek's stock price rose more than tenfold to about 370 yuan ($53), boosting its market capitalization to north of $4.2 billion.
Oh, I'm sure we'll get there *eventually*, but the amount of hype that people had for some of these companies at this stage was mind-boggling to me. I couldn't help but look at the hurdles some of these guys faced - and some had way more than others - and think, there's a lot of ways this could go wrong before it goes right. Again, I'm not knocking anyone or their investments (I'm in IONQ, after all), but that was just way too speculative for me. I sincerely hope it works out for everyone still invested, rather than what we're seeing with the EV sector, where it seems like every other company is secretly on the verge of collapse.
> IONQ: $14.25. $14 call expire in 10 days: $1.06 6% gain in 10 days if the stock gets called away. You need to say "covered call" somewhere in there, or else none of that makes sense. If you just say "call" people will assume you bought it. The downside is the stock falling to $0, or in any case going down more than the $1.06 credit you received, though I'm only guessing $1.06 was your credit because again, your position summary is missing key facts.
The last week has been too volatile. I’ll hold cash in my account if it’s too unpredictable. I’ve made great returns with swings on NVDA, IONQ, RBLX, TSLA, CROX (when it purchased “Heydude”, and CFVI (which seems to be dead, but was swinging in a stable manor for quite awhile). These are just the ones from the last 2 months that have been profitable. Best of luck! ;)
That’s a smart play. I’ve been in and out of NVDA and IONQ more times than I can count. They dip, and I buy them unless there’s a catalyst I think will take some time to recover from. Then I buy them when they start to swing up during premarket.
Thoughts on IONQ long term? It’s finally coming back down to where I bought in at a few months ago and I’m thinking about picking up more. It’s about the only risky play I’m considering (otherwise dividends/ETFs) but I like their plans for the future. Thoughts?
Anyone trade IONQ? It bounced hard from $15 a few weeks back. I think Quantum is going to be the buzz word in 2022. The company is backed by Google and has some patent catalysts, but it should have some problems with raising interest rates. Don't want to miss it bouncing back up to $18/19, but also don't want to buy calls when it's destined to fall back down to $12.
Trust your DD😉. IONQ is very young in the market, which makes it volatile. This is absolutely a very long term play. This is not financial advice at all. But if you find someone who’s DD is 109% correct every time. PLEASE SEND THEM MY WAY
I'm not likely to sell them outside of catastrophic news. I'll show more CC restraint during the next large market moves. I was targeting CC's with 3-5% gains at expiration (stock price + premium) so I guess it really was pointless to exit early except when IONQ rocketed well above my strike and CA - but that was easy enough to roll anyway.
I should have mentioned - I picked up a few fairly volatile growth/tech SKLZ, IONQ, LC, and a couple less volatile stocks just for doing this, so the swings tend to be sharp and quick in both directions. Waiting for those high premiums and being conservative with so little experience makes sense. Thanks for the CSP's shout out, that did seem to come up the most when I was learning but best to hear it from a person than assume I'm reading this rightly as a new person. I'll look into trying one of those some day as a learning experience.
I dont get why you get downvoted. Its true, and its not that the background is totally unexpected. People pay for a lesson to diversify and act on considering ahead both bull and bear scenarios. I am also pretty new with stocks, my IONQ position went from +70% two weeks after buying to - 16% right now. I consciously went in with a proper ammount to experience growth and feel really ok holding and being open to how it works out. Other positions do fine right now.
Simple: show him the investor presentations- easy PPT- take him a 3-6 min glance at each, and ask him which is better IONQ or SNII? Then tell him the prices, and ask again. Shrugs shoulders. He'll say IONQ due to the dudes pubs who founded it, and he probably doesn't even know Gates backed it, but I'd be curious to see what he says about SNII.
Hoping we'll get some run up on the XPDI and sympathy plays closer to merge. BSGAR, CND, others, maybe. Still looking at MARA, but will wait until it tanks more after March 14 earnings. Elsewhere, IONQ just won't provide me that entry point I'm looking for. Bummer. Feels bad man, having flipped those warrants twice was cool, but I wanted to keep it long. Hoping to get into commons at some point. Still haven't acquired the PNTM. Will make some big decisions today and take these lulls to set up more alerts while I'm not too busy and can be judicious. Good luck to everybody. When we have so few online in r/SPACS for about 15-20 days, it tends to be a bottom. Mine was the only car in parking lot yesterday for a while, flashbacks to heavy pandemic days. Stay positive! GLTA!
I feel like picking ONLY 1 company is really hard. That's why I buy a variety of small companies that I plan to hold (until I see reason not too) IONQ - quantum computing company XXII - genetic engineering company that focuses on tobacco/cannabis MKFG - commercial 3D printing company These are all areas that I think are early on their tech/global usage that I think I have big potential. Those are probably my 3 favorite but I have a few others like TLRY for straight cannabis, GE - as a sort of reemerging energy play, JOBY - electric aircrafts
Nice write up and congrats on MASSIVE gains! Regarding 2022: "I feel like at \~$3M, I have much less incentive to take on much risk." - this is certainly quite interesting. I feel like the larger your portfolio gets, the less you can afford to YOLO on weird stuff. It becomes a capital preservation game as much as a chasing-high-returns one. Thankfully, I feel there is plenty of great risk/reward stuff in SPAC land due to NAV - even something simple as buying a crap load of DMYQ before merger, trimming at 5-10% under the thesis that they will pump the stock to minimize redemptions (happened with IONQ as well), and just redeeming if it doesn't work out. Slow and steady wins the race!
They are now moving from a team of NASA nerds with a mission to scan the Earth to a commercially focused SaaS company (although they have kept their public benefit corporation tag to allow them to still engage with the academic and research community without a profit focus). IMO their constellation is a globally important good noone else can get cloud free data consistently in the tropics as noone else has sufficient coverage. They now have Nicolo Demasi (DMY SPAC guy famous for IONQ) and the Salesforce CEO on their sales dept.
Put my previous employers 401k accounts into a rollover IRA in June and started trading out of that instead of my taxable account. Went up 15% over the first two months then dwindled it back down to the starting amount by October or so. Went up 30% with the huge BTTX squeeze. Some of the other plays were ok gains (sold IONQ and DNA too early but for a nice profit), and ended up the year up around 40% with the PRPB warrant mini-pop and sold half of my CRHC warrants on the Northvolt rumor for a nice gain, while baghilding the rest now that it dropped. Now I'm sitting on a stockpile of PNTM, KAHC, and BTAQ warrants that I bought over the last few trading days this week. Had a good time on this sub with everyone in the dailies, learned a lot, and made more than I would have on my own because people are happy to share information about their plays. Good luck to everyone this year
Happy new year all, I closed the year up 214%. Biggest winners were GME, LCID, RKLB, and Orange Man's SPAC. Biggest losers were...way too many, TBH. Everything from BARK, AMC, CLOV, a bunch of de-SPACs, etc. -> I was frequently down 50% on shares and 100% on calls. But luckily I still closed the year green, which goes to say how just a few good plays can make or break your year. My portfolio was usually at least 30% cash at any one point in time. It did very well in Jan-Feb, got slaughtered all the way until around July, rebounded until October, then started going down again in Nov/Dec. By December, though, I had pretty much closed up shop and didn't want to make any major moves to wrap up a nice year. I'd like to share some of my biggest learnings/takeaways - would love to see what you guys think: * So much of trading is emotional - I can think of 99 times I would have saved money by not acting rashly and FOMOing into the next hot thing. * Seriously, with all these squeeze/low-float plays, **always take your damn profit** \- they will crash to earth. IMO taking 20% gains is better than missing out on 200% and then ending up losing 50%, lol. * If a ticker is spammed on r/SPACs daily and it already went up 30% on the day, chances are you're too late and you shouldn't play. Yes, you could get a DWAC but you can also get a PEAR. Most of the time it's the latter. Just go find the next thing and get in early - there will always be another play. * The markets don't go anywhere, so if you're feeling beat down, take a break and come back when you're feeling refreshed. This sounds simple but I feel like a lot of people rage trade, which shouldn't be the case. * "This stock will moon after merger, this time it's different" - this is what I call "IONQ fallacy." Most de-SPACs get beaten down due to the nature of the SPAC game (PIPE stuff etc.) -> for every IONQ you get 49 other de-SPACs that die after merge. It could even pull a SLDP at first, but eventually comes crashing down to earth. Patience (or the ability to average down) are key. Finally, you may often hear people (especially on TV) say you can't make money from SPACs. This is one of the biggest lies I've heard. There is plenty of money to be made in SPAC land if you try to understand the game a bit better. However, I acknowledge that SPAC land is more suited for short-term / swing traders, and actual long-term investors may have a hard time dealing with this hated asset class.
Seems to me you are buying most stocks at the top. I have 32 stocks mostly small and mid-cap and lost big like you in maybe 6/7 but have a few winners: IONQ + AEHR + LCID + HUT + BITF+ PUBM . BKKT might go back up
don’t listen to that PcBoilar person because obviously they can’t read based on them responding to this post and your questions thinking this was a post on IONQ lol. they’re completely misguided on ASTS and most likely any other stock/concept they will try to explain. [Heres a fun read from a reddit user](https://www.reddit.com/r/ASTSpaceMobile/comments/q6tqw8/ast_spacemobile_the_starlink_of_smartphones/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) that can really get you started on understanding AST and what they’re trying to accomplish. “The Starlink Of Smartphones”.
Haha ok i thought u were Making some kind of analogy. I agree videos don't seem very possible yet, but the most important market for Them i think would be messaging as you said, maybe calls and hopefully simple websites/apps. If they have 3G that is semi-reliable i will see it as a success. I agree with your take on IONQ, besides questionable tech there are tons of other Quantum Computing competitors.
As a counterpoint: You say lasers were a solution in search of a problem, but QC is a solution to already understood problems. Applications are already being dreamed of and theorized in academia, commerce, and industry. The other thing to consider is just how quickly information travels in today’s world. Moore’s law is literally staring at us in the face as we read this comments section. 60 years of exponential progress in lasers 60 years ago may only be equivalent to 10 years of QC progress today. For the record I agree with you, it’s too early, which is why I haven’t pulled the trigger on IONQ or QUBT or ARQQ… but damn, someone’s going to get in there early and make an ass load of money.
It's going to be huge. It will potentially make blockchain and encryption obsolete. This has huge national security implications. How do you pick the winner? Who knows. i bought a bunch of IONQ when it was $8. Definitely holding that one tight.
For what it’s worth, IONQ’s price action has been nearly lockstep with SLDP and ASTS recently. Boats rise and fall together with the tide. The largest and lowest tides of the year occur around the winter and summer solstice so I’m just going to trade according to the tide chart moving forward.
Mentioned all the time on the r/SPACs because of IONQ and ARQQ. Here is some DD on IONQ - [Part 1](https://www.reddit.com/r/SPACs/comments/odncga/ionq_dmyi_the_leader_in_quantum_computing_15/) and [Part 2](https://www.reddit.com/r/SPACs/comments/odnfyt/ionq_dmyi_the_leader_in_quantum_computing_15/). I personally feel is it is decade away and believe HON spinoff [Quantinuum](https://www.quantinuum.com) (HON combined with Cambridge Quantum Computing) is ahead from a commercial standpoint. It will need a significant amount of money over the years and HON allowed them to get a significant headstart. IONQ generated via the SPAC and I think a secondary offering. Time will tell. Good Luck.
[Very interesting news](https://thequantuminsider.com/2021/12/27/rigetti-computing-spac-attracts-additional-45-million-investment/) on SNII/Rigetti yesterday: * \+$45M PIPE raised * "The additional commitments are at a premium to the previously announced PIPE, with a price per share of $10.25. All other terms are the same as the previously announced PIPE." Perhaps these investors are banking on this doing as well as IONQ.
Can IONQ's 86 employees create billions is intellectual property? Yes. Other. startups in the quantum computing space include Rigetti Computing (a bit larger at 137 employees), D-Wave Systems, and & PsiQuantum. I wouldn't use office space volume as a metric for success. IBM would be the clear leader in terms of office space (they actually make most of their revenue by leasing office space).