That is true most of the time - yes. Not for every stock though. BLT and YOW a case in point - prices always fall after good news in those stocks.
Don't get me wrong - I'm heavily invested here. But I don't see a major price catalyst for a while as Phase 4 has just started and it could be 6 - 12 months before this phase starts producing meaningful results from both a commercial and manufacturing perspective..
And in terms of commercial sales of speakers, the product development lifecycle of high-tech devices such as smartphones/laptops/tvs is 12- 18 month minimum... Realistically we should be thinking 2017 timeframe for actual commercial products utilising this tech.
I'm not a down-ramper guys. but we have $231M market cap in an instrument which is hard to gauge its true valuation. For now I'm just buying at every significant dip because I believe in the longer-term potential of the company.
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