Its complicated technology. Only the boffins know its true value. Getting onto a list of compatible systems that can work with Intel is not the same as a 'binding' agreement where Intel pays x dollars per chip to have ADRC imbedded in on its IoT chips in the future. And they predict selling a 100 million chips a year. All stated in clear language for the financial people in the 'market' to understand. It doesnt matter if the boffins like it. It only matters if the financial fund managers etc like it.
Anyway, its very promising....
Right now though its all selling....someone is cashing in.
If its the owners then we are in real trouble.
If its one of the funds that supported the CR, then its ok because they do this all the time. Take the quick buck 9 out of 10 times. Cash is king.
How many shares have been sold Since April 5th ? I count close to 400 million.
How many shares were issued in the CR and not under escrow and not to owners ? Hard to say.
I suspect still a few to go...the SP should stay in the mid 3s for a while yet.
For as long as the demand keeps soaking them up.
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Its complicated technology. Only the boffins know its true...
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