Weebit - 2021and beyond, page-7340

a lot of recent buyers are clearly on paper losses , but now , the recent CR participants are now on the losing side and imo it wont be long until the majority of holders are on paper losses.

it will only be those very early loooong time holders sitting on gains although so much of that has evaporated.

only those like AK and Cohen who saw the early signs have made good on the extreme hype this year.

those on this forum chanting what great future the company has meanwhile belittling those like manabouttown and co. can seriously stop and look in the mirror

while ST flucs are part and parcel of investing , clear and obvious downtrends must always be given respect, and the technicals now look horrific.

usually , the technicals tell an untold story, meaning, the facts will come, but long after the chart has given you all
the hints you need.

those LTerms , can stay the journey, thats fine, but it is important for newcomers and fresh faces alike to understand the real picture

hype propelled WBT to a fully diluted 500m+ company
with no revenue and plenty more R&D funds required
losses are all the bal sheet has and will show for the next FY

so then, the product close to commerciality, what is it and how can it support a market cap ??

disruptive reram which hopes to be cheaper and better than current alternatives

its like a milk fridge, you can buy low fat, fat free, full cream,organic , skim, extra vitamins, no vitamins etc.

all are milk, just a matter of preference and cost

WBTs reram is like a version of milk, its not the bees knees and wont dominate any market , it will just be anothet option.

the problem with so many milk types , is that eventually the production line cannot make any more milk types as the backlog for existing milk is so much that basically they shut up shop to every new milk type and just focus on the critical few in demand and proven

so WBT got ahead of themselves or the market i should i say , thinking they would stroll into any and every fab and roll out their fantastic reream chip.

only that the chip market is so inundated with orders they have no capacity to even look at new tech for at least rest of 2021

so now we have a company that is likely going to remain loss making for another 18 months before they can get into the market and show customers how terrific their new cheaper and tastier milk is.

with still so much uncertainty around other milk types that may come along and how stale the milk can become.

for this co. you pay 250m fully diluted today. still overs imo