IonQ Inc (IONQ)

[moondogaz]

Point on..

[Jack Torrance]

Nice. Hope you caught the dip. I added a few shares of another ticker I hold. If the market is going to be retarded and start tanking again, I guess I will start adding again. I think this quasi bear-bull yo-yo market persists until after the 2024 election, or until the war in Ukraine is over -- whichever comes first. The 2020s area transitional decade. There won't be any economic stability for several years at least. Too much of a shit show lately.

[moondogaz]

added a few this morning.

[Jack Torrance]

Good. I will still add if it gets down to my cost per share average, but I doubt it goes that low. Whole market is in a downtrend. Nothing is safe no matter how strong or how much potential. And shorts take advantage of the low volume and hack away at the share price. Trump being indicted and Michael Burry making foolish statements and trades are partially to blame. People freak over anything.

[moondogaz]

added today...loaded a few on qbt$...couldn't resist.

[Monksdream]

Momentum over for now

[moondogaz]

need to pull a " rip van Winkle"...wake up in the future... and be filthy rich..lol..or at least my boys will be..

[Monksdream]

IONQ three months
Is what it is

[moondogaz]

bite me...long time... quantum....boom.

[moondogaz]

might add in am.

[moondogaz]

Might be right wabbit....yeh,they lie about most everything.....

[Monksdream]

President Joe Biden this week signed an executive order restricting U.S. investments in Chinese tech sectors, including AI, semiconductors, and quantum computing, reports Reuters. The move aims to prevent American resources from aiding China's technological and military growth. China has expressed serious concerns and opposition to this order, stating that it disrupts economic cooperation and trade.

President Biden's order enables the U.S. Treasury secretary to limit U.S. investments in Chinese entities specifically within three sectors: artificial intelligence technologies, semiconductors, and quantum computing technologies. The restrictions mainly address private equity, venture capital, joint ventures, and greenfield investments. While the administration mentioned restrictions would concern only "narrow subsets" of these areas, precise details remain unspecified.

While AI and quantum computing are promising technologies, the main focus of the new executive order is the Chinese semiconductor industry, which includes chip developers, electronic design automation (EDA) software, makers of wafer fab tools, and chip manufacturers. In fact, EDA tools are a primary concern for the U.S. government as lately Chinese companies have increased their efforts in this segment of the semiconductor industry. Another major concern for the U.S. is China's growing prowess in making chip production tools.

[Jack Torrance]

Their claims are all smoke and mirrors. They have been lying about their quantum ability for years now. They're a joke.

[Monksdream]

[moondogaz]

China seems to be leading....

[6of1]

wise words, Jack[/ always know what you own

[moondogaz]

Still waiting to add.

[moondogaz]

Your a "peep" beyond your times... Wish I had half the insight at your age... was to busy chasing women...lol...

[Jack Torrance]

Chapman dropped the not-so-subtle hint that AQ 64 will be here by end of 2025. That is just 2 short years away. AG 64 means that IonQs quantum computer will blow any classical computer out of the water. That will be the watershed moment when the world changes. And to think that anything beyond AQ 64 will be mathematical magnitudes more powerful than AQ 64. I thought the sea change was coming in the 2028-2030 timeframe, but it looks like it's going to more like 2025-2026. Things are moving much faster than I expected. I think now that they have their design for the most part worked out, increasing the AQ incrementally is not terribly hard for them. Yes, they have kinks to work out along the way, but the Model T has already been designed and the assembly line set up, so to speak.

There will be ups and downs until AQ 64 arrives, but damn if I don't wish I hadn't loaded more shares in the $4 range. Kicking myself for that one. A few thousand more dollars a few months ago would mean millions more in the years to come. Oh well... I have enough shares to set me up for the rest of my life if this company can achieve what they intend to.

[moondogaz]

Jack..noise after hours..

[moondogaz]

Dittos on all.....

[Jack Torrance]

If it goes ridiculously low, I will just add more. I wasn't selling until the stock fully matures in about 7-10 years anyway, so this week to week action concerns me none. This company is the chosen one in the quantum hardware field. They have all the former execs from other mega-corporations, which means high-level industry connections. They are also tied into foreign governments and the US government. They are also already working with the coding industry, both at a pro, amateur and university level. They are so ahead of the competition it's literally comical. And the US government and financial industry apparatuses will absolutely be forced to choose an American company for quantum computing, because there is no way they are trusting that data to a foreign company or country. It's just not going to happen. No other country will win the quantum race. Not Korea, China, Russia, Germany, Japan, etc... It's going to be America.

[moondogaz]

jack... I'm no brain surgeon... but we've been shorted the heck into tomorrow...all I can say..is ride it out...and find the add point... You are 100 percent correct..last man standing will be set for life.

[moondogaz]

Either I'm gonna get fire sale pricing...or I'm gonna chase as fast as I can...

[moondogaz]

We are 500,000 shares over bought...close to $8 million dollars...eeekkk... Looks like hedgers are confident on Thurs. earnings report.

[moondogaz]

Broke $15... still waiting to add...

[moondogaz]

didn't buy today...not convinced... I'm always willing to buy at a higher price......

[moondogaz]

You and me both....

[Jack Torrance]

I unfortunately think you will get your chance. I think we slip back to the previous support of about $15.30. Unless there is some ramp up right before earnings .... or some press release surrounding the earnings. But we went from roughly $4 to $20. A retracement was always going to happen. I just hope the retracement isn't huge.

[moondogaz]

fyi...I'm loading as close to $15 as possible.

[moondogaz]

Mission imposibles "Entity" is a tell tale of things to come.

[6of1]

this will be of a magnitude unlike anything in the history of our economy

[moondogaz]

That's why I think q#ts changed their reporting from after bell,to before bell.

[Monksdream]

According to TD Ameritrade the company reports Aug 10 a Thursday, probably after the close

[moondogaz]

If IONQ has bad earnings? The sector goes on ice for a bit... Think #s will be decent,but it's anbodys guess.

[moondogaz]

Jack is gonna make a lot of $s.. in 10 yrs.hes a smart,young guy.

[Monksdream]

IONQ touched $20

[Jack Torrance]

There will be many 52 week highs over the next 7-10 years. It will be a magical time in our lives.

[Monksdream]

IONQ new 52 week high

[moondogaz]

Wish you well.. my 14 yr old has a 7 figure portfolio... made in the past 3 yrs.. you don't have to wait 10+ years. Blessings to you.

[moondogaz]

That's some big balls..lol.

[moondogaz]

1972 Atari (pong) made it's debut. enuf said.

[moondogaz]

Whole sector is on watch.

[moondogaz]

No bs posts over wknd... Shorts are crapping in their pants.

[moondogaz]

Nice to know we r back on same page.

[Jack Torrance]

Feels good to have picked the right horse. Good luck to all over the next 10 years or so. This stock will be my retirement. I will be approaching my late 50s when this company matures sometime in the 2030-2035 range. I am predicting at least a $1 trillion market cap by then, assuming they can accomplish even 60% of what they are attempting.

[Monksdream]

IONQ Inc NYSE: IONQ

GoSymbol lookup
Information Technology : Technology Hardware, Storage & Peripherals | Company profile
IonQ, Inc. is a quantum computing company. The Company is engaged in quantum computing and develops general-purpose quantum computing systems. The Company has developed custom hardware, custom firmware, and an operating system to arrange the quantum computers. The Company's computer systems consist of trapped-ion quantum technology. The Company makes access to its quantum computers via three cloud platforms, Amazon Web Services (AWS) Amazon bracket, Microsoft Azure Quantum, and Google’s Cloud Marketplace, and to select customers via its own cloud service. The Company supplements its QCaaS offering with professional services focused on assisting its customers in applying quantum computing to their businesses. The Company also sells full quantum computing systems to customers, either over the cloud or for local access.
New 52 week high

[Jack Torrance]

Wahoooo! This stock is the Terminator. $25 by Halloween. Get ready for a slow run up over the course of the next decade as this company become THE quantum computing company.

[Monksdream]

IONQ back over $16

[Monksdream]

IONQ still above the 20 day SMA
With over 70% of listed issues above the 50 day SMA one has to conclude this is and has been a bull market for the past six months

Quantum Computing Tech Nears Tipping Point -- Market Talk

10:11 am ET July 17, 2023 (Dow Jones) Print
1011 ET - The market is increasingly confident that quantum computing technology will be adopted sooner rather than later, says David Williams, analyst at Benchmark Research, in a research note. Share prices of companies developing quantum computing, including IonQ, Rigetti Computing and D-Wave Quantum, have surged since IonQ in June announced a deal to sell its quantum computing systems, Williams says. Steady technological innovation and the promise of AI capabilities are also good signs for quantum computing companies. "We think the momentum is justified and sustainable with the technology maturation nearing an inflection point," Williams says. ([e-mail]; @benglickman)