Looks like IONQ is acquiring SKYT. Should be good for both companies.
Interesting Stocks
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Here’s an another interesting company, Fauna Robotics, making humanoid robots. They just got gobbled up by Amazon.
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Came across another fascinating stock this week, COMPASS Pathways (CMPS). This one is a super speculator. They’re pre revenue, but they’re developing psilocybin therapy for treatment-resistant depression. Shades of Timothy Leary. I’m gonna have to keep an eye on this one just to see what happens here. I’m not saying this is an investment opportunity yet, but it’ll be fun to follow.
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The chart for CMPS is impressive, in that it went from under $4 to over $10 in a year. But the numbers on their books don't make any sense to me... They spend $100M+ every year (half on Sales/admin), but have 0 revenues. Maybe they're just getting started, but with no sales numbers to look at, I don't know if $10/shr is good or bad. Are they selling the therapy, or just selling stock?
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