- Entry
- $40.23
- Final
- $46.77 +16.3%
- Target
- $5.00
- Score
- -0.19
Just opened my first leveraged short — $400,000 in IONZ, the 2x inverse of IONQ. Felt right to start my career betting against literal science fiction. IONQ is worth $23.5B on $52M in revenue. That’s a 451x price-to-sales ratio — higher than anything from the dot-com bubble, AI bubble, or even tulips. Q2 numbers? $20.7M in revenue, $177.5M net loss, -708% margin, and burning $340M a year. At this pace, they’ll discover time travel before profitability. Insiders clearly agree — …
— ORIGINAL POST ·
First Leveraged Short Ever
· r/wallstreetbets
· Oct 7, 2025