Luke Lango with “Area 52” ExposedDoes anybody subscribe or have ideas on the tiny company teased? It is “vital to our Natoonal security, so I think we really need to know!! Thanks for your help! I really enjoy this newsletter and the comments.
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Atomera Inc. (ATOM) based in Los Gatos
I have a subscription to Luke Lango’s Innovation Investor and here is a link to his Area 52 discussion about AI: https://drive.google.com/file/d/16mLPSTjdoHcSPhAhLtRKIv0H3EbMb7Hi/view?usp=sharing.
I don’t see a specific tiny company revealed in the link regarding Area 52
From Stock Gumshoe: https://www.stockgumshoe.com/reviews/luke-langos-innovation-investor/de-tease-whats-langos-area-52-stock/
Newsletter: Innovation Investor
Stock: IonQ (IONQ)
Travis’ take: This ad from Luke Lango is largely a big picture pitch about how critical quantum computing will be to the world, bringing lots of 1,000% opportunities in every industry you can imagine, and maybe that’s all true… but that’s not happening in 2023, quantum computing is still a large-scale global R&D project (hundreds of different big R&D projects, actually), and from what I can tell there’s not much consensus yet about how or when it might become useful at tackling the big data processing tasks that are too complex for conventional computers. What Lango is teasing is an investment in IonQ (IONQ), which is trying to commercialize its trapped ion quantum computing technology, and beginning to build a facility that they hope can manufacture their trapped ion “chips” at scale in the future. In real financial terms this is a story that’s a long way from being something you can justify or analyze using the income statement, but probably the best thing IONQ has going for them now is that they’re the only quantum “pure play” stock that’s not a complete disaster (Rigetti (RGTI) and D-Wave (QBTS) are the other stocks in this space, both are now below $1 per share and $100 million in market cap, and have been written off by Wall Street almost completely), so IONQ right now is probably in the best position IF there’s another hype cycle for quantum stocks anytime soon. I’ll pass, I don’t understand this technology nearly well enough to be betting on it, but if I were forced to speculate on a quantum stock I’d also pick IONQ, if only by default.