Great day today. The sea change in computing, transitioning from classical to quantum, is still years off .... but investors don't care, especially in Europe and Asia, where they actually have some forward vision for technology, not like the dumbasses in this country. People want into this opportunity now, even if AQ35 is a a year away (maybe less) and AQ64 is a few years away. Because they know when those milestones are hit, the share price will sky rocket and never really come back down. Hold strong, gents. You will never get your shares back in the years to come, unless you want to pay hundreds of dollars PER SHARE.
Doesn't interest me much, because it's already a mature technology and company, so to speak. So there is nowhere to go but sideways or down, really. Also, I tend to stay away from hyped up IPOs, as they often crash hard after the IPO date and you can can get shares for much, much cheaper a few months later. I am not starting any new positions right now anyway, so I tend to not look into things too hard, because I wouldn't be buying shares anyway. I've been doing a lot of house improvements this year, so I have been standing pat on my portfolio because of it. I may start buying again in 2024, though.
No, it isn't. They are smart enough to not really care about Covid. Pfizer dominated the market and paid off the government, and now the fed just gave $300 million to Regeneron when ENZC's mAbs are better. The Covid market is bought and paid for. Spending $100 million (or more) on clinical trials is retarded at this point.
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.
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.
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.
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.
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.
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.
Holy shit the number of people on this board totally misunderstanding this deal is alarming. ENZC will still exist, and will retain a lot of VERY valuable intellectual property that they will continue to develop. Remember, ENZC has many mAbs in the pipeline. Remember all those patents that were applied for? The subs were more or less licensing outlets for a few I.P.s. ENZC shares will not become worthless. That is the dumbest shit I've ever heard. I thought this board was getting better, so I came back for a bit ... but it appears the ignorant FUD is still rampant. Time to depart again. Adios.
Bucillamine is dead .... over .... just like we all knew months ago. Question is, can this company shift back to being a psychedelic innovator and actually do something. To be honest, based on how bad the CEO effed up the Bucillamine clinical trial, I don't have much faith. Never seen a bigger foul up.
There is no "deadline" or "extention," per se. The May 23rd date is simply a projection as to when Enzolytics had hoped to have reached a definitive agreement with SAGA. Spac deals can be very tricky, with a lot of negotiation involved. I wouldn't be surprised if there is no definitive agreement reached for another month or so. That is why I wish ENZC had not given a date, but rather a "sometime in the next few months" or something similar. Now if there is no news by the end of tomorrow, all the retards who don't understand anything will dump. ENZC has a bad habit of setting strict dates and then not meeting them, causing rancor amongst the ADHD addled brains of modern traders.
So sick of these extensions. They are what cause the ticker to get a yield sign. Then, even though they file the actual report before the extension deadline, it takes a few weeks for OTC to check the status and remove it. So frustrating. Why can't they just file without these extensions?
Nice action here lately. Tennesse plant online by Q4. Half a billion in backorders. New parts plant and development building in Florida. New plant in Germany and expansion in China. New contracts monthly. Hope we get to $5 by Thanksgiving and $10 by next spring. Good luck, all.
I guarantee they would start trials on Clone 3 for HIV before Covid. Covid is all but dead in the water now. Pfizer and their cronies in the government made sure no one else got a piece of the pie. Would be foolish for any company to start clinical trials at this stage of the game, considering completing the trials would cost tens of millions of dollars and even if approved, they would have to compete with the Pfizer vaccine.