Once upon a time, while working as principal engineer for NEC Technologies, before the World Wide Web, I used my home computer to access the internet. The predominant ISP's were Compuserve, Genie, etc. but I selected AOL because of its ease of use despite some derision from my tech-savvy friends.
When AOL went public at $10/share, I bought 600 shares, 300 in a cash account and 300 in an IRA account, and put them aside. I felt at the time that AOL would win out amongst most people because of its ease of use. At some point, the price started to move and reached $20+. I was reading derogatory reviews of the company, some guru on CNBC said to "sell if you're fortunate to double your money" and, I did.
It "cost" me more than a million dollars to not follow my instincts and reasoning.
When Iomega came out with their Zip drive in early 95, I immediately bought the stock (and a drive) for $10 and determined to hold. It was touted and rose, bashed and fell like a yoyo, but 1 year later was about 33 times its value as when I bought.
There were several others, a bit less spectacular, but my point is that if you think the company fundamentally has what it takes to grow hugely, don't allow other opinions to form your own.
You are as good at predicting the future as they are. Probably better. Have confidence in your judgement.
Another way to look at it is that the price has already dropped greatly and the difference from here to zero is the downside risk. The upside risk is realtively gigantic. So, why would one sell now to glean $2/sh.? Of course some who bought at $.50 might wish to take their gain and wait. That's a risk too if SEVU announces volume shipments and posts the P.O. or something equivalent...
Okay, that's my nickle. Going back to waiting...best wishes to all for a happy holiday and good fortune.
