Ann: Becoming a substantial holder, page-7

One can save money by selling low - if that money gets withdrawn from stock stuck in quicksand, and transferred into a stock thats likely to go up much sooner - its called cutting your losses. You suggest profitable "in the next 3yrs" meaning I presume 3 more years of cash burn, in a deteriorating world economy - hmmm. That requires 'faith' 'hope' and some considerable charity from analysts. While the I.P. looks appealing, it will be sold onto the highest bidder if the company has unexpected worsening of its cash reserves. Small companies are very reliant on panglossian retail investors infatuation.
Now UBI is a liquidity trap - easy to get in, hard to get out of a sizeable position without cratering the SP.
Cant see the sense in "accumulating" despite the apparent discounted SP .... it's not a given that "the SP can only go up" IMHO.