$IONQ Inc.(IONQ)$ been invested in IonQ since 2021. This is ONE of my 2 conviction stocks to 10-20x in the next 2 years. A big haircut today but let's hold the line. The price now is a bit too lofty for me to buy in so will wait for the $20-$30 zone to add. Hopefully the price can reach my buy zone before any more positive news are announced.
Upcoming (expected) positive news
1. Conclusion of acquisition of Oxford Ionics
2. Release of Tempo (64-100 qubit system based on barium qubits)
3. Increased revenue for the quarter (consolidated earnings of all recent acquisitions)
Possible upcoming negative news
1. Ballooning losses in the next quarterly report (due to recent acquisitions)
2. New technical challenges to scaling arising from switch to microwave qubits control from laser control
3. Delay of release of Tempo
Ok that's all the update on my recent thoughts stay safe everyone!
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