Seriously, are you arguing about whether 1PG is a concept stock or a speculative IT stock?? I think it makes no difference what you call it. But sure, it has more than just a concept, but it also has a market cap of $226m (down from over $700m), so it better have more than just a concept.
And you're right that it has achieved a lot over the past 12 months, but the share price has/had also had a massive rally too.
1PG is clearly not delivering versus extremely high expectations (hence the 75% price fall).
And given 1PG does not have any objective valuation metrics, it is impossible to know where the valuation support is.
From your posts on 1PG it appears you're looking for a bounce to $2-2.20 - will you sell it then or do you think you will hold it all the way back up given their significant progress?
1PG Price at posting:
$1.48 Sentiment: Sell Disclosure: Not Held
