What is happening, page-569

This is the same question that I have been wondering. I believe the answer is no, but from our perspective now as investors we are simply dealing with an ignorant market regarding this achievement by Archer. The current price is lower than it will be in the future, but until we have a really groundbreaking result regarding the technology I don't think it will increase too rapidly. These things take time. For example, let's compare the stock to Bitcoin:

Bitcoin value history (comparison to US$)

Date	USD : 1 BTC	Notes
Jan 2009 – Mar 2010	basically nothing	No exchanges or market, users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value. In March 2010, user "SmokeTooMuch" auctioned 10,000 BTC for $50 (cumulatively), but no buyer was found.[152]
May 2010	less than $0.01	On 22 May 2010,[153]Laszlo Hanyecz made the first real-world transaction by buying two pizzas inJacksonville, Florida, for 10,000 BTC, an amount that would surpass $600 million if held in April 2021.[154]
Feb 2011 – April 2011	$1.00	Bitcoin takes parity with US dollar.[155]
Nov 2013	$350–$1,242	Price rose from $150 in October to $200 in November, reaching $1,242 on 29 November 2013.[156]
Apr 2014	$340–$530	The lowest price since the2012–2013 Cypriot financial crisishad been reached at 3:25 AM on 11 April.[157]
2-3 March 2017	$1,290+	Price broke above the November 2013 high of $1,242[158]and then traded above $1,290.[159]
20 May 2017	$2,000	Price reached a new high, reaching $1,402.03 on 1 May 2017, and over $1,800 on 11 May 2017.[160]On 20 May 2017, the price passed $2,000 for the first time.
1 September 2017	$5,013.91	Price broke $5,000 for the first time.[161]
17-20 November 2017	$7,600-8,100	Briefly topped at $8004.59. This surge in bitcoin may be related to the2017 Zimbabwean coup d'état. In one bitcoin exchange, 1 BTC topped at nearly $13,500, just shy of 2 times the value of the International market.[162][163]
15 December 2017	$17,900	Price reached $17,900.[164]
17 December 2017	$19,783.06	Price rose 5% in 24 hours, with its value being up 1,824% since 1 January 2017, to reach a new all-time high of $19,783.06.[165]
22 December 2017	$13,800	Price lost one third of its value in 24 hours, dropping below $14,000.[166]
5 February 2018	$6,200	Price dropped by 50% in 16 days, falling below $7,000.[167]
31 October 2018	$6,300	On the 10th anniversary of bitcoin, the price held steady above $6,000 during a period of historically low volatility.[168][169]
7 December 2018	$3,300	Price briefly dipped below $3,300, a 76% drop from the previous year and a 15-month low.[170]
16 March 2020	$5,000	Price dropped 50% in early 2020, losing 25% in 24 hours early in the COVID-19 pandemic.[171]
27 July 2020	$10,944	Price recovered value lost in COVID-related crash.[172]
30 November 2020	$19,850.11	Bitcoin price reached new all-time high of $19,850.11.[173]
8 January 2021	$41,973	Bitcoin traded as high as $41,973.[174]
11 January 2021	$33,400	Price briefly fell as much as 26% but pared losses to trade around $33,400.[175]
8 February 2021	$44,200	Bitcoin price surge after Elon Musk and Tesla announcements of investments in to the Bitcoin, include acceptance of payment.[176]
16 February 2021	$50,000	Bitcoin price reached ATH $50,000.[177]
10 April 2021	$60,000	Bitcoin is back above $60,000 as Coinbase gets ready to go public in the stock market.[178]
19 May 2021	$30,000	Bitcoin price drops to $30,000 at one point following suggestions that Tesla has sold or will sell its Bitcoin holdings[179]and a new set of regulations from the Chinese government to support their cryptocurrency crackdown.[180]

We can see how it took some time to really begin accelerating in value, and then it took off like a rocket. Then, it went WAY DOWN. From a high of 20k all the way down to 3.3k in the space of one year. Then it began climbing again, and again, and now it looks like it's going to continue fluctuating but the swings will be much wilder, and either way, it's going up overall. It's already up to $38,000 at the time of writing (compared to 30k in May).

The point I am trying to make is, Archer is something I see similar to Bitcoin because it's innovative. Look, before Archer's 12CQ qubit processor chip was developed, the company's value did not move at all, did it? The price was literally 15 cents between 2007 and 2020 (which is when I bought in, actually). And in the words of Jordan Belfort, "don't judge me on my winners, judge me on my losers because I have so few, and in the case of Aerotyne, based on every technical factor out there, John, we are looking at a grand slam home run."

Seriously though, don't be manipulated by people who think they are experts on the market. Read between the lines and see through the nonsense of it all. Look at all the ridiculous things being said last month when Cristiano Ronaldo removed the Coke bottle at a press conference and the stock price dropped from from $56.1 to $55.2 apiece, so all of the articles were saying, "look! He made the company lose value!" And I thought, "no, you idiots, he promoted them quite well, watch what happens within the next month." ... What happened? See for yourself. It's 57.16 now. So, hang in there, ladies and gentlemen. My point is, the cream rises to the top. The proof is in the pudding. Any other idioms, feel free to chime in with.

This video is helpful for understanding quantum physics too, I reckon: