Yolo but internally you know its not yolo with this $IONQ play
$IONQ$NVDA
AI SUMMARY — Author has a cautious position in IonQ, acknowledging it feels like a mistake rather than a true conviction play. While IonQ has respectable revenue and good leadership, real-world use cases remain distant, and the position is vulnerable if AI hype deflates—though a potential partnership with NVIDIA could provide upside.
| TICKER | IONQ |
USER | u/RuthlessWolf |
| RATING |
BEARISH |
ENTRY |
$39.18
|
| POSITION |
127 sh
SYN
|
BOOK VAL |
$4997.45 |
| CURRENT |
$39.20 |
P&L % |
+0.05%
|
| CURR VAL |
$5000.00 |
P&L $ |
+2.55
|
| TICKER | NVDA |
USER | u/RuthlessWolf |
| RATING |
BEARISH |
ENTRY |
$217.54
|
| POSITION |
22 sh
SYN
|
BOOK VAL |
$4999.77 |
| CURRENT |
$218.36 |
P&L % |
+0.38%
|
| CURR VAL |
$5018.62 |
P&L $ |
+18.85
|
To be frank with you all when I was screenshotting this it wasn’t a yolo feeling. More of a “I might throw up a bit”. The truth is I think it’s more of a “minimum wage guy hands over his hard earnings to the ultra wealthy”. One thing that makes sense is that if the ai hype dies that Ionq will be the first to plummet. I think the hype is on the verge of a break down and I’ve got in at the wrong point-quite clearly. Their revenue is respectable. They’ve got good leadership, but actual everyday use case is, in my view, light years away. Whilst everyone is talking about big daddy $NVDA, their relationship with IonQ could potentially lead IonQ on a positive trajectory. Thats my dd.