Honeywell looks like GE 2.0, worth about $265 billion in parts against a $135 billion market cap, with its aerospace spinoff coming in June. The core business is worth about $156 billion at 6.5x its $24 billion of revenue, aerospace about $98 billion at 7x $14 billion, and its 55% Quantinuum stake about $11 billion if Quantinuum is worth around $20 billion. x.com  x.com  x.com 

Quantum computing stocks such as IonQ, Rigetti, Quantum Computing Inc, Arqit, SEALSQ, BTQ and HQ could catch a bid around Quantinuum's IPO. Quantinuum is raising about $1.46 billion at a roughly $14 billion valuation, the first traditional IPO of a full-stack quantum company, anchored by long-only demand. Big IPOs reprice whole sectors as allocators who missed the deal seek liquid exposure, as with Cerebras and SpaceX. The driver is positioning, not fundamentals, so these are very risky trades. … Show more

Quantinuum's IPO will show the market how far IonQ, Rigetti and D-Wave lag on logical qubits, the metric that matters for fault-tolerant computing, and that gap will soon be priced. Quantinuum has 48 logical qubits on Helios versus zero or few at the listed names. The IPO crowns the fault-tolerance leader, not the sector winner: IonQ pursues vertical integration across networking, security and defense, Rigetti bets on superconducting scale, and all must turn capability into revenue. x.com 

Quantum computing is a race whose winners get pricing power over the hardest problems; Google's CEO says quantum is where AI was five years ago. IonQ leads with Q2 revenue of $80.1 million, up 287%. D-Wave alone is in commercial production; Rigetti grew revenue 173%. IBM targets fault tolerance in 2029, Alphabet's Willow began the cycle, Xanadu is photonic, Infleqtion has federal backing, Quantum Computing Inc. is speculative, Arqit sells post-quantum security; an ETF holds the field. x.com  … Show more

IonQ is forming a massive cup pattern on heavy institutional accumulation, with institutions more than doubling their holdings over the past year. The quantum theme is also heating up, as Honeywell's Quantinuum IPO is reportedly 20x oversubscribed and begins trading today. x.com 

Quantum Computing Inc. is a fake quantum company: its revenue all comes from acquisitions, shows no real top-line acceleration and is not even quantum-related. The company used to be called Innovative Beverage Group Holdings. A $3 billion market cap on $3 million of acquired revenue makes the retail-driven rally a great opportunity to short again. x.com  x.com  x.com 

Quantinuum's roughly 1,000x price-to-sales multiple prices in a future that is still years away at best, even if the quantum technology is legitimate. x.com 

Quantinuum's valuation is a stretch after its IPO debut jump. More than $15 billion of market value rests on just $79 million in bookings, even as the quantum era approaches. x.com 

Quantinuum's IPO adds yet another ridiculously valued company to the quantum sector rather than changing its dynamics. Comparing these companies on technology or business model is like counting angels on a pin. Even Infleqtion trades at 100x revenue and loses a dollar for every dollar of revenue it makes. x.com 

The Shortlist targets companies it tags as pump-and-dumps, industry bubbles, constrained-float cases, potential fraud or overleveraged. Its Oct. 23 realistic-value estimates imply large downside, including 79% for ReAlloy, 53% for Critical Metals, 60% for Infleqtion and 62% for Quantinuum. x.com