Brandykopio
10-14

$IONQ Inc.(IONQ)$  Seems a bit overvalued  at the moment. Plus the 2Billion injection would have a major dilution effect. Another risk factor is the private equity firm injecting into the company is a quant fund. They invested in the previous round and almost immediately dumped the share... I believe there might be some level of pump and dump. Not certain but, at this price its a little high. Not sure what the rest thinks?

Modified in.10-14
Quantum computing concept stocks rise
Quantum computing concept stocks rose significantly, RGTI rose more than 11%, IONQ and QUBT rose nearly 8%, and QBTS rose more than 6%
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Comments

  • Brandykopio
    10-14
    Brandykopio
    Rug pull incoming... :0 they funded the 2Billion using rug pull they did + options contract they sold during the volatility. I believe same thing is happening, they riding the momentum from us retailers...
  • Oman52
    10-14
    Oman52
    Couldn't agree more, the recent equity raise was very dillutive AND significantly increased the outstanding warrant liabilites which makes any hopes of an acqusition in the next 7 years far far less likely. Not to mention, the amount of cash raised is significantly greater than required to reach a useful quantum computer as outlined in their own roadmap, which suggests they have little faith that they will reach their insane roadmap since why would you equity raise prior to making your amazing computer, especially at such a large discount (fair value of the warrants and stock is ~4 billion, Heights paid 2 billion cash for it).
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