Good article that one.
I guess a lot of people who invest in technology stocks do so not exactly understanding what they are investing in. They may get the gist of it, but fundamentally don't really know the underlying pieces that not only make the tech work but also the steps involved for it to come to fruition or reach its full potential.
So when things don't go according to plan they are either first ones to $#%t themselves and get out, or get caught out not realizing what just happened and are left holding the can. More so a herd mentality of leaving as per your article.
Unlike, say mining companies that have a fairly well defined path to success or failure, technology stocks can present a spaghetti bowl of outcomes. Whereby you enter at one end and have no bloody idea where your going to end up.
IMO you really need to do a lot more research when investing in tech stocks as there are many more variables to consider. Its a very fast paced industry.
However, the successful few can see stratospheric profits should they become the number one choice or underlying benchmark. Just look at VHS and Blue ray.
Come to think of it those technologies were driven by demand from the porn industry.
So all XPED need to do is build their tech into a few adult toys and hey presto. We are away.
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