Unicorn hat aside, I do have to agree with this. Not sure we are overvalued or not, thats a "Value judgement" lol. Also determined by supply and demand , but bootstrapped to the actual value of the company cash, assets, IP. IP and sentiment is where the conversation can branch a million paths.
Everything I see at this time points to very good opportunities in the near future. This is where I do believe that we will see the rise to a buck. I believe there is so much more potential based on the IP and the management team, JVs etc..
Unicorn hat on - Really sky is the limit. This could be a $200 stock, why not? Plenty of other companies have become such with seemingly less going for them in the IP area IMO. What are the chances of this? Less than a few percent, but i like to dream big. If it happens Ill be in. Meanwhile I keep a grip on reality and I am not counting on this.
Zero sunk cost analysis for me - 4x aside - if I had a pile of cash in front of me, would I invest it in LQMT? I would not risk my family, lively hood, retirement, etc.. BUT I would invest At a level that is reasonable to risk for me. Mileage varies. Just saying.
I get that point about potential upside but it is somewhat speculative until revenue comes in. Market is valuing lqmt at 200m for patents so far excluding cash, real estate is probably not worth much.