I hold a small cap stock that has all the fundamentals you...

I hold a small cap stock that has all the fundamentals you described. Massive contracts with governments and big companies; in an exciting growth sector; has little competition; is cashflow positive and is so confident of their growth that they have been paying dividends as well. It's been screaming undervalue but since I bought in, I've made huge losses so had to keep averaging it down so I can get out earlier with a profit. In my entire portfolio, I had to throw the most $ into this stock just to finally see a tiny profit. The stock market is about sentiment. Even if all the fundamentals are there, but if no one is excited to buy at a higher price to match the value, you're stuck with a dog stock.

I'd rather be in a stock like MXC where I can see there's still more demand and growth in the next few months/years, rather than be sitting on a stock that ticks all the boxes yet sidelined/moved backwards for months. If I want my money to sideline for months, I might as well leave it in the bank. But here with MXC, the growth story is there. Why not follow where the money is? The stock market is about looking way ahead. If I keep looking back at past fundamentals or faults and not letting go and moving on to see where we are heading, I will miss the boat.