I know it’s been said before but it’s worth repeating, WBT is a unicorn. Before you get analysis paralysis over a director selling shares, ask yourself why you got into WBT in the first place. If you got in over the last couple of weeks hoping to make a quick buck off the anticipated tier 1 fab announcement then I can understand your angst.
if you are like me and got in because of where you think we will be in 5-10 years time then who cares when the announcement drops.
Does anyone seriously think we won’t be in multiple fabs (including tier 1’s) by this time next year? Does anyone seriously think we won’t have any customers once the qualification process has been completed?
Management has said ad nauseam that other than TSMC, Weebit is the only other company with ReRAM ready to go. They have been fielding calls from multiple fabs because their customers are asking of ReRAM. It’s a pretty strong position to be in if you ask me.
Oh and let’s not forget ReRAM is the replacement for Flash. It’s about to become the new market standard IMO. Coby has previously stated our target market is “every device on he planet”. Apple are now using it in their iPhones for goodness sake. If that doesn’t scream validation then I don’t know what does.
Just chill out and let the board get on with doing the deals we know are coming. A few weeks here or there means nothing in the grand scheme of things.
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