Last post till later: Those seeing $5 as a bargain MAY be right if they are not expecting much until 2024 in terms of exciting sounding announcements and 2025 in terms of first 7 figure revenue, but with scaling issues apparently still not resolved to the satisfaction of the big boys and no clear solution to that problem this is vulnerable at a $500 million valuation IMO, especially now since commercialization announcements were expected by most by now..
$3 is not far-fetched for the near term as shareholders becoming increasing uncomfortable with these issues. We are seeing more longs talking about the longer term, and even a few starting to change the narrative to one of small players coming out first in order to get the ball rolling --not unlike the junior varsity vs varsity analogy I posted about more in recent months.
Shorts are likely to take advantage of the increased murkiness in the near term even as longs dig in further in their convictions, while others reevaluate. I will be watching very closely for what the directors do as a significant signal re proximity to Tier1 commercialization.
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