And how did you come up with "...can easily be valuead at 5-10 times earnings" and "..16 usd was only a a fantasy number, all mathematic values are much higher.."?
Can you provide some facts to justify that valuations?
The future is uncertain, if you are just basing your valuation on something that may not occur in the future, this kind of valuation is really misleading.
This is also one of the reason why its market price has plummeted these past months, people had higher expectation but failed to materialize. They were over paying base on hopes and gut feelings.
As I previously stated, I see a lot of potential on this company, but I won't overpay so much for it. No stock is a safe investment if bought at higher level.
