Stock was dead man walking for 7 years prior to Krishna taking over in 2020. Up more then a double since, plus a heavy Div, which even with this strong run is 3%.
Securitization just makes practical sense. If you own, for example, a RV park it’s a massive lift to buy /sell an interest in it if you ever looked into those RV park investment ads. The securitization process is unbelievable simple. You could
the legal/compliance framework will be challenging for anything that’s not a mainstream asset which is probably why stocks, real estate, and financial instruments are in focus. Much easier to tokenize a real estate venture that’s buttoned up in a special purpose vehicle (SPV). Whereas, if Joe Smith decides to tokenize the house he lives in you can imagine the mess that could create.
All the quantum stocks except for XNDU are up significantly.
We use TurboTax, but that is definitely a software program than could be disrupted. Most households have pretty simple returns.
XNDU definitely the laggard but still doing OK
INFQ may have the most to catch up to the others. I would not assess any of these companies based on their current revenue. This is all about 3-5 years from now.
True. But current revs does give some indication of credibility. Which is important in such a young industry.
Revenues at the current moment is not likely to mean much. Most of this investment is based on the faith that these companies will develop a product that will make them tons of money in the future. Quantum computing is in its nascency and whether you have zero revenue or $100 million in revenue today is meaningless. The only thing revenue has done for IONQ is raise its current market cap which is why I feel that INFQ, etc have catching up to do. With this government cash infusion, the current market cap of these companies should be closer to $20 billion.
Makes sense. I will add INFQ to my super long-term basket. I bought the JOBY dip and got in below $8. I'm also taking swings with CARL and CEPT.
You all know I’m a fan of Joby. Have had it for some time. I pulled out some profits last year when it got up around $20. Bought into the recent dips below the $9 prices. Have even been selling some short term puts and I’ve got a LEAPS deep ITM for Jan 2028. I bought some INFQ for very long term hold. Thing about INFQ is that they have a product that is being used by a few customers. No cooling needed for their qbits.
I did buy a small amount of CARL CEPT is a SPAC and my experience with SPACs has been to not touch it until all the shares have been distributed. There is tremendous dilution that happens with SPACs when they start trading. SOFI was a victim of it for a long time.
Fun JOBY story. Met a neighborhood mom at a party who explained they were moving to Northern California for her husband’s job. I asked what he did and she said it was complicated, talked an about his past work at NASA, etc. From her explanation I said “wait, does he work for Joby?” She was shocked I knew the company, I told her I’ve heard a lot about it through stock chats. She said “good, I hope that means all the stock he gets paid in will be worth something.” I have a feeling they’ll be ok
With quantum, it is best to distribute money between as many companies as possible. I also have money in XNDU and HQ. It is really unclear as to which companies are going to make it.
Your broker's trading platform likely has an "IPO Center." Brokers may give priority to high-value clients. I've dealt with a couple IPOs quite a while ago. In both cases, my name was given to the IPO's Underwriter who contacted me directly.
I’ve bought a bunch of IPOs. If your broker offers shares, you need to register your indication of interest. Then you get an email the night before the IPO to confirm pricing. You aren’t guaranteed to get the shares or a portion of your requested allocation. Then you have to hold them according to the terms or if you sell they may take you off future IPOs. Fidelity has a three strike rule before you get banned.
Having a product that customers are willing to buy now, does give some indication though.
Can't complain. Just want until the conflict is officially over (i.e., S&P to 8,000).
Holding PL calls and BKSY shares. And yes, should have bought more. LOL!
ASTS is another head scratcher. Drops to $60 a few weeks ago. Somewhere in that drop I sold for a small profit. Then the stock doubles. I’ve left a **** ton of gains on the table by trying to trade in and out of this market.
That drop was very artificial. They don’t provide quarterly guidance, so people just take their annual and prorate it quarterly. They “missed” this made up number and thus the stock dropped temporarily despite being relatively on target with major catalysts lined up.
Yeah I bit hook line and sinker on that “miss” news LOL.
