Resonant, Inc (RESN)

[tykundegex]

As much as any long here, I'm frustrated by the absence of material royalties this company has delivered. They have relentlessly failed to deliver in the time frames they set out themselves, over and over.

However stepping back and looking at the company today, their IP, the space they're in, the partnerships and clients they have (quality and quantity), I would argue they've never been in a better situation and that the downside risk here is very low now, versus the incredible upside potential.

If I weren't so jaded, and discovered this company and stock today and was comfortable with a 2-3 year minimum investment horizon, I'd say the exhausted retail long has given me an opportunity to buy in at a bargain price. And I'd likely take a position.

As it stands, I am a little jaded, and slightly below my average price. But taking the emotions out, the company has clearly made significant commercial inroads, and the valuation doesn't reflect the risk/potential here.

I'll be buying more in the coming weeks if the price stays in today's range.
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