RE:THE RHYTHM OF STOCKS Good post.
My main concerns with pre-revenue company Nano One is that it has not been made clear if the materials they use will be any good. Their tech is sound at the scale it has been tested. And I think it it reasons to recognize their potential to scale up. However, they haven't done it yet so who knows for sure. It's a big risk and therefore the share price remand low until that unknown is removed. Which gives us all a great buying opportunity if you have faith their tech will scale.
I also have concerns that the price for their material has not yet been established by the free market. Even if/when they get to a revenue generating company, how much revenue will be generated? Until the market establishes fair value, we simply do not know.
Love the potential for Nano One. But this is far from a slam dunk investment. It remains a highly speculative play.
the market is taking a "I'll believe it when I see it" approach. I for one do not blame them.
good luck to all the longs.