With current market sentiments, there is not a great deal of...

With current market sentiments, there is not a great deal of excitements particularly with technical shares with no-revenue, besides we all understand that WBT's ReRam is a disruptive technology.

The price sensitive announcement to send 130nm to SKYT Fab cements the ground that the technology is proven and provides alternative to TSMC (a formidable competitor), however we are still 9-12 months from any revenue whether it comes in the form or Early Access Program (EAM) or few customers announcement. Considering the interest rate by December this year almost heating 5-6%, I believe everyone is keeping eye on next US inflation report and subsequent rate hike from FED. Partner SKYT has lost 70% of its value from all time high position ($35 to $6.18), WBT has almost lost 20% if you consider last CR as a base price.

In current Market scenario, you need a lot of patience with WBT. If you have a money and believe WBT ReRam will change the trend of memory technology in future, it is still a buy but if wana wait few weeks how inflation and interest rate will play and set a tone to market, keep this in your watch list and make right decision when time comes.

In my opinion, there is still a storm coming as next month annual report will reveal performance and potential show down of economy, at the same time there will be interest rise and elevated level of inflation and now people are talking about baseline recession (a shorter one).

Still believe next year will be right year for investors, however there is a lot of fear in the market and always consider where could be your down side before investing. One thing is clear, we'll not see same level of rally in short term as in next few months only quality shares will survive.

Take your wise decision, and good luck to LT WBT holders, and see you in next financial year.