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Tuesday, May 07, 2024 7:11:21 AM
1) the PP was buried in another news release on 3/5/24
2) it was taking way too long too fill a "modest" PP
3) and if it was only going to be 1-2 million it was not going to be for 800gbs ramp
Ok, so look at the chart and see that the PPS stayed relatively flat from 3/5/24 to 4/12/24 (in fact the close was a penny higher on 4/12/24 than it was on 3/5/24) then the sobering news came and the PPS plummeted
One thing I will say is that historically when the PP was announced the PPS generally moved lower in anticipation of the PP, that is why I sold ahead of the PP announcement because I knew one had to be coming, so I was quite surprised that the PPS held up so well, perhaps if it had taken a 20% hit from ,60cad (.45usd) then the PP would have been priced/filled, but investors will never know because it's in the history books now, investors are left with a choice, thankfully NOT eliminated, that they can either still believe in the technology, accept the dilution, and invest at these fire sale prices, or they can hold what they have invested already and wait for the breakeven point to exit or make a small profit, or they can sell now for a big loss
personally I am currently in agreement with SVE and future that now is the time to load your boats because this PP should take us into the 800gbs implementations which is the long awaited "sweet spot" for S7 ACC's, full disclosure I added more shares several times yesterday, the way I see it, S7 should be an easy 10+ bagger from today's price within 1-2 years
![Bullish](/static/images/ih2-bull.png)
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