I quit crypto for stocks 🐍

@DravenEric94535 @InvestorDenis Very little revenue, declining revenue, concentrated revenue in one large customer, and overvalued IPO. Will wait and see where it goes.

@AlexanderB32932 @InvestorDenis Why not invest in a better company? Why IONQ which has no logical qubits to show up to this date? For a fault-tolerant quantum future, demonstrated logical-qubit performance matters more than roadmap projections.

I thought $IONQ had a cash balance of $3,1 billion for R&D and payroll. I was wrong. The cash balance is for buying and integrating $SKYT. The acquisition will be settled in cash ($15 per $SKYT share) and stock ($20 worth of $IONQ common stock per $SKYT share). $SKYT has 49,2 million shares outstanding. $IONQ will 1/ Pay $15 x 49,2 million = $738 million in cash. That will reduce its cash balance from $3,1 billion to about $2,3 billion. 2/ Issue new shares worth a total of $20 x 49,2 million = $984 million. That’s 17,6 million new shares or about 5% of the current float. I don’t expect the integration of a manufacturing plant into a high-growth company to be smooth. Tesla faced that before with overautomating complex tasks and attempting to innovate too many manufacturing processes simultaneously. The risk here is 1/ $IONQ burning through its remaining cash pile quickly 2/ A delay in reducing the chip design cycle from 9 to 2 months 3/ Running the semiconductor fabrication plants in Minnesota, Florida, and Texas is more capital intensive than than operating a growing quantum computing company I’m cautiously optimistic because $IONQ is already a $SKYT client. They won’t start to integrate $SKYT from scratch.

@blackrobert2024 It’s hard not to invest in Qauntum here, even at high valuations. Qauntum will be much more transformative than AI. It’s getting much closer than many thought possible. I’m an index fund guy but bought the dip on $IBM $INFQ $IONQ. If they drop 50 percent from here I buy more.

Citi's left hand doesn't know what its right hand is doing This week Citi did two things that, side by side, are a free lesson in how the sell-side works. First, it raised its $IBM price target to $375, the Street high. The thesis: the quantum narrative, IBM's $10B five-year quantum push, and — this is in the actual note — the Quantinuum IPO as one of the things they're excited about. A quantum company that went public this same week posting $5M in quarterly revenue, down 73% year over year, losing $136M in the quarter, and still valued at $14B with the book oversubscribed. AI capex going vertical, quantum IPOs at fantasy valuations. That's the bullish fuel Citi is citing. Second, that same week, Citi published its Bear Market Checklist — 18 signals that historically show up near tops. It hit 10 of 18 globally, the highest reading since 2008. Guess which two of the flags they themselves count as signs of an overheating market? AI capex going vertical and the wave of IPOs. So the same bank uses the exact same facts as a reason to buy IBM and as evidence that the market is late-cycle. The left hand raises the target on quantum euphoria. The right hand counts that euphoria as a red flag. And neither one looks the other in the eye. In case there was any doubt, Citi itself notes that the $375 thesis doesn't move near-term estimates — it's a medium-term call. Translation: they're justifying a price a year out with a story they're simultaneously flagging as overheating today. It's not bad faith and they're not stupid. It's the incentive. The analyst who calls a top and gets it wrong gets hung out to dry; the one who stays bullish and gets it wrong is just "nobody saw it coming." So the bias is always toward "relax, keep buying," even when their own data says otherwise. In 2008 no major bank called the collapse publicly and on time. The ones who warned were outsiders, and they got branded as permabears. Skin in the game: I hold a large IBM position, a momentum trade. It topped on June 2 — the exact day of Citi's target — with every piece of good news stacked up. It's been straight down since: Friday it dropped 5.6%, fighting to hold $290. The top was built on euphoria, and the stock has been rejecting good news ever since. And look at the full quantum-euphoria tape. Quantinuum priced Wednesday at $60, above range, oversubscribed. It debuted Thursday, ripped to $71 at the open (+13%), and closed the day right back at $60 — gave it all back. Friday it kept sliding, broke $51 intraday, and ended below the IPO price. Anyone who chased the open was down 20% in two days. And here's the detail: on Wednesday, before the debut, the other quantum names that were already public sold off hard because the market dumped them to make room for the new one. No new money coming into the sector — the same money getting recycled. Next in line is SpaceX, which starts trading Friday the 12th. The biggest IPO in history: a $1.75T valuation, raising $75B, a company that lost $4.9B last year. And reserving up to 30% of the deal for retail versus the usual 5–10% — handing the story to the public right at the peak. Every IPO is at once the bullish argument they sell you and the red flag their own checklist counts. The stories are beautiful and Wall Street loves chasing them. The question is how long the market keeps paying for them without looking at the numbers. This isn't a call to panic or to scream crash. It's to understand that when a bank shows you a thermometer reading 102°F and in the same breath tells you to go about your day, the signal isn't in the recommendation. It's in the contradiction. Look at the raw data yourself — at the end of the day, you're the one putting up the money. Not a buy or sell recommendation. Do your own work.

@DravenEric94535 @InvestorDenis Wasn’t asking about Qauntimuum but thanks.

@AlexanderB32932 @InvestorDenis IonQ’s physical-qubit fidelity achievements are noteworthy, but the company has not yet publicly demonstrated logical qubits on its current systems. Meanwhile, competitors like Quantinuum have already showcased multiple logical qubits(48 LQ) and error-corrected operations.

@Rick101284 How does Skywatwr stack up to Anderon and GF capacity wise? Great posts by the way!

$IONQ $QNT $IBM $QBTS Updated look at US Quantum Foundry Landscape: Skywater Technology: Largest U.S.-based / U.S. owned, pure-play semiconductor foundry being acquired by IonQ for $1.8 Billion. Quantum Customers: • IonQ (Trapped-Ion) • PsiQuantum (Photonics) – Also utilizes GF • SQC (Silicon Quantum Computing) • Quamcore (Superconducting) • EeroQ (Electron Spin) • D-Wave (Annealing & Superconducting) – CEO has publicly expressed interest in utilizing new Anderon foundary. Government Funding: • DOW has previously invested over $300 Million for RAD Hard and other non-quantum capabilities. • Not clear if IONQ/SKWT will receive CHIPS act funding for quantum business, but IONQ has said its not possible until merger closes due to non-solicitation period. Advantages: • Existing quantum and technology as a service business (operations in MN, TX, and FL) • US Located and Owned (DMEA Category 1), • Vertical Integration with IONQ will give combined entity advantage in trapped-ion computing modality, quantum sensing, and quantum networking applications.

@genejchan Can you explain a little more why QNT can’t scale and IONQ can?

The more I look at $QNT's architecture, the more I realize how much harder it is to scale than $IONQ's. IonQ's 256-qubit chip is already being taped out. 100x gate speed improvement is on deck in later generations. The gap will only widen further and there's no way for Quantinuum to catch up.

Nothing has changed except the 25 percent discount. I packed my 💼. Did you? $INFQ

$INFQ went public 3 months ago. Least known quantum name on the market. Yesterday: $100M LOI from Dept of Commerce. Over $500M cash. Govt contracts already funding revenue. Not a moonshot it’s a business. Low burn. Zero debt. Most scalable. $NVDA collaboration. The market hasn’t found this one yet, despite the recent rally. More analysts will initiate coverage, price targets will rise. The entire quantum group will get their deserved attention. (Also own $IONQ )

@xMcQuaidx Yes! Careful in those waves ! 🌊

@AlexanderB32932 Almost. Not quite as far as the Nepali trailhead. Tunnels beach and Limahuli nature preserve

I go one single day without cell phone service and you guys sell the spoos 235 points 😡

I truly cannot believe the markets are willing to give you $INFQ under $15 bucks. The company has a freaking Noble Prize, locked in government contracts for military usage, and is frankly the most underrated quantum investment option in the US exchanges. What a steal. DYOR.

@IronWCapital I’ll spend the extra 20 cents and buy some here

$INFQ recent high 20.75 x 0.70 = 14.525. This is where it should start stalling on the downside.

@QC_Capitals $INFQ. Neutral atoms will be a big narrative among quantum.

What stock are you irrationally bullish on?

$INFQ trades at a steep discount to the rest of the quantum market especially with the recent $QNT IPO. That gap will continue to close. @miscomputate and @MyQuant_um have been putting out good work highlighting this.

@rogermoonCrypto @JustDeauIt I invested my entire Roth IRA in FETH at around 3200 on the etf hype. Watched it go to $1380 per eth. Almost capitulated, but put in 7k and bought more. 8 months later eth was at 4800. I wouldn’t sell here.

@AlexanderB32932 @JustDeauIt I hope so too. I'm all in and refuse to sell here. The worst thing would be to sell here and then watch the market bouncing back up right afterwards. To avoid that i just hodl and hope for a miracle in 2026 or 2027.

If you’re yolo’ing stocks right now, you should have one eye on BTC. Likely a sign of things to come. If you’re in crypto, do anything you can to survive. When capital in the AI trade starts looking for a new home, where do you think it’s going to go?

@rogermoonCrypto @JustDeauIt Sorry didn’t mean to kick you while down. These are the times I usually delve back in but I just don’t have the optimism the space this time. In 2021 the future seemed a lot brighter. Hopefully something comes around that changes my mind. That’s whyI’m still here 🤷‍♂️.

@AlexanderB32932 @JustDeauIt It was yes, but one day it won't be anymore. Do not believe stocks will go up forever. The rotation to crypto will happen at some point.

The concerted shilling of Zcash that started last year makes more sense when you consider someone was probably minting and dumping endless supply the entire time

my goat

@rogermoonCrypto @JustDeauIt Was a genius move two days ago

@AlexanderB32932 @JustDeauIt Quitting crypto for stocks was a genius move back in 2022, but not today anymore. Its like selling an already oversold asset to fomo into an already overpumped asset. The classic mistake.

@miscomputate @LanceTeren @infleqtion I’m DCAing the correction

@LanceTeren @infleqtion $INFQ needs to close the gap

If $INFQ traded at the same P/S revenue multiple as $QNT then they would be trading at $64 a share. A sleeping giant.