Weebit - 2021and beyond, page-60

It's much easier to manage your plan vs what the shareprice might do.
Right now it's running on speculation fueled by announcements which indicate the risk factor is coming down. There are partnerships in place which suggest a fair probability of licensing revenue in the near/mid future. How you manage your own risk and exposure here is your call. Tune out the hype.

Personally I am happy that WBT is not going through the parabolic SP appreciation like BRN is (though not that far off). Extreme hype can turn bearish once the expectations are missed by a small percentage. A slow move up with the occasional consolidation and shake out is a sign of a healthy stock with smart money support. This will be the indicator I look for in WBT before adding more (I am already overweight on WBT).

The reaction from investors at $1 will be closely studied and I am expecting a bit of a consolidation before it moves up. My view is that 300 to 500 market cap is reasonable in the near term ($4.13 to $6.9) based on the story alone however there are significant calendar events to get through first, namely US elections.