Yes it will get back in a year or two. The SP is where it is...

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beaches811

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19/05/24

01:37

Post #: 73897231
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Originally posted by NoGutsNoGlory: ↑

Same Pata. My life is the same today as it was when:

I bought in at around $0.43
I participated in the cap raise at about $0.30 with free options
I exercised my options
There were further cap raises at $1.70 and $5 to advance the technology
I averaged up a little along the way
Announcements about advancements in the technology have been made and the price rose
Announcements about Skywater and DB Hitek were made and the price rose
The price rose to around $9 on anticipation of signings and introduction to indexes
The shorters took hold and drove the price down
Periods of time where the price has traded in a range for months on end
Periods of time were the price has dropped significantly
Periods of time where the price has risen significantly
And any day along the way that some anonymous Joe Blow on the internet inferred their superiority and warned me and other holders how terrible our investment in this company is.

Are people who entered at higher prices in the red - yes, and I have been there too in the early days.

Could long term holders have taken profits - yes.

Have there been opportunity costs in remaining invested - yes, assuming you have a better investment idea.

Is charting and timing tops and bottoms fool proof - no.

Is any one person's own investment strategy and appetite for risk less appropriate for them than someone else's - no.

Have many people before us generated wealth by having conviction in a single idea and stuck to their guns throughout all the volatility - yes.

An investment in Weebit requires long term vision, with a lot of good and bad days in between. But in my view, what the decades in between will bring will dwarf all those little days.

Take time away from the daily noise and focus on what really matters in the long run.

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Yes it will get back in a year or two. The SP is where it is because Coby promised two customers before the end of last year and failed to deliver.
WBT Price at posting: $2.24 Sentiment: Hold Disclosure: Held
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