It's looking more likely ATM than the opposite Damo (perhaps not 5c but it's a possibility unless there's a commercial deal signed soon). How much more of this SP decline can long term holders withstand. Despite the 'imminent' release of Gen2 there is simply no share price support and there is no indication from the company that AKIDA has been deployed in any commercial products. Despite FF's dialogue supporting the concept the real world reality is reflecting the complete opposite. Perhaps rockets are the way to get into space but that means nothing if no one actually wants to get into space.
My thoughts:
- If it's more likely, then why hold, why not sell, wait and re-buy?
- True long term holders can withstand much more - if you wanted to hold for 5-10 years, then this shouldn't matter.
- Renesas has 100% confirmed Akida in products, and so has ANT61 on a far smaller scale. Megachips own a license.
- Gen2 release isn't the great bit, it's the deferred-evaluation mentioned.
- FF's dialogue means nothing, it's his opinion, you shouldn't be listening to opinion, only fact.
- I don't want a rocket, I want a slow and steady rise, with commercial success incorporated.
Anyway, we've done this dance before. The panic sets in around SP drops, but the company is attacked without a change to their plan.
It's becoming boring sifting through the doubt and panic to see the odd link, insight or valuable post.
It used to be Stickshift, Shareman et al, now it's "real" LTHs saying the company is overvalued.
If all the intentions are genuine, then now it's just a pity party, which is even more sad.
At least those guys made money from spreading doubt with hidden intentions.
www.linkedin.com
a couple of years ago that the SP and our MC could be this low now in September 2023? Vlad
