WBT 0.86% $2.35 weebit nano ltd

Ann: Becoming a substantial holder, page-40

  1. 766 Posts.
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    I think all the comments show that no one understands shorting and why.

    Perhaps its a simple as WBT is over valued.
    Remember we were trading at a high of $9’s and between $6 and $7.5 there for a while.

    Todays MC is about $850M and $4.60.

    Step back and think about it. No customers, no revenue.

    WBT product have also been readily available for months through skywater.

    I expect this to trend back into the $3 range, perhaps low $3’s and circa $600MC unitl such time as revenue starts to justify a higher valuation
 
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