Weebit - 2021and beyond, page-3776

I'm not touching this stock until she's back down below $3. There's so much hype around this at the moment, it just makes it too volatile for me. I think as others have said, there's a big FOMO factor here. People may be overprioritising the potential and forgetting the risk. There's so many make or break steps in this industry. As promising as Weebit Nano looks, there's still a long way to go to get this technology beyond a niche market. It needs to deliver on price, performance, effeciency and timing for it to succeed in mass market penetration. Many have tried, but not many have broken through those criteria. If you fail on any of those you're at best relegated to a niche market.

Look at Intel Optane. It seemed like a game changer, but because of price, it just never saw the mass adoption many were expecting, despite it being at least an order of magnitude faster than NAND.

Just wanted to share an alternative viewpoint from someone interested in Weebit but not currently holding. I'm happy for all those that bought in around $2 or lower.