Running discussion on SP, page-5267

Either a single large institutional investor, or a group of them, must have done a deep analysis on WBT's prospects last April, and concluded that it was a good investment decision to spend $45 million at $5.00 a share. No doubt these instos have a wide selction of analysis tools and industry related information sources at their disposal (that most of us "retail" can't afford), to assist in making that massive decision. But that's what they decided to do - we will spend $45m at $5 a share. In my book, that's a benchmark valuation, and is a strong indicator of what the company's minimum valuation should be. Between April and now, by all means trim some valuation if there's been any negative news. Since there's been only positive news (e.g. full qualification at Skywater, automotive qualification at 125deg, $60m increase in cash reserves from oversubscribed CR), there is doubt in my mind that WBT is worth in excess of $5.00 a share right now. The case for "shorting" has evaporated at these low prices, and the shorts are skating on thin ice.

All IMHO, DYOR