General Stock Ideas

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WATT is sinking like a ship this morning. I just sold my position at a loss. The market cap of about $500,000,000 is way too high for this company at this time. I may re-enter the stock if things start to pan out for WATT, but at a much lower price.

Unfortunately, at the time I bought the stock, I didn't think to consider its market cap. No way Energous is worth $500 million at this time.