Good post FJ!. When there is NO news, the human mind creates it
The simple truth is that long time investors, through failue by the company to meet targets and lack of information from the company, have allowed a very large mistrust of Suresh and Ajit to creep into the imaginary DD they think they are conducting. That mistrust is very much in evidence everyday on this board since Paul and I arrived home.
Many of you believed this was the next mega "get rich qiuck" scheme very early on and some techs in fact are. But the reality is that disrutive tech companies and stocks are rarely that, and when they are , they skyrocket after the disclosure to the market that there is a product in hand.
So, in essence, many who are experiencing this angst, bought in too soon, drank the koolaid, if you will, have beeen waiting too long and are tired of the sea of red. That's a normal reaction.
BUT THE FUNDAMENTALS OF THE TECH ARE UNCHANGED!
The CEO and the COB didn't deliberately mislead you
The problem, since they took over, has been weaving a small company, led by very bright, but very big company and big budget oriented execs, through the landmine strewn landscape of tech development and commercialization (delays, finaite finaces, etc) and the investor fatigue that has created.
And the wait may continue for awhile. I very much agree with Mac (sorry old names linger) that we probably won't have news until the PRODUCT is complete. Not the components, the product! Because that's what moves the market for new investors and shareholders, not some short term head pats and reassurances to long time ones.
While the pictures af the San Jose location are appreaciated, they simply indicate a company in transition.
As quiet as Zanker Drive appears, Changi Road is bustling!
I have a confidence based on exposure, if misguide, so be it.
Life has taught me patience!
Shash