@beaches811 . . this is a tech start up. your statement 'it is worth nothing until it is commercialised' doesnt quite stand.
there is a chunk of cash in the bank
there are lots of patents that even the nay sayers ascribe good value to
there is a business that has 5 plus yrs of development behind it
there are amazing partnerships such as leti
there is a quality team on board
there is a plan to bring the tech to market.
all of those things have a value. the difference in investing philosphy is what value do you ascribe. for me i ascribe significant value as i see the fruition of all the hard work is imminent.
but that is the risk v reward of the stock market. risk now is higher . . potential reward significant. wait for commercialisation and risk will be reduced but then your entry price will be 2 . . 3 or maybe 4 or 5 times current price so your reward will be significantly lower.
i for one see the risks between here and commercialisation as minimal or certainly what risks do exist are well within management's capabilities to work through. the market is a funny thing short term. i loaded up extra when weebit first hit $1 . then watched my investment sink 30% like you have experienced. bit the reason i bought was still right (for me) . . it was just a timing thing.
while you might be down a bit now i am sure you will look back in 2 . . 3 . . 4 yrs and smile.
this is a medium to long term play. we are building a new memory technology. when you think flash has commanded the memory world for 35 yrs you get a sense for how big this change will be. with wbt dont judge your investment returns from a few mths. judge 1 /3 /5 /10 Yrs.
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