Jun. 22 at 2:51 PM
$GSIT
Reality doesn't care about hopes. Reality is what it is.
Either GSIT has a competitive chip or it doesn't. Either it has a realistic path to building one or it doesn't.
Wishes, hopes, and fantasies are irrelevant. Whether someone is so clueless about computer architecture that they're genuinely convinced by the story, or gullible enough to be fooled by scammers, none of it changes reality.
The material reality is that GSIT has nothing remotely competitive or even unique. The material reality is that the company has blatantly misled investors on critical facts. Reality is that they don't stand a chance in this industry.
Sooner or later, the market will correct the mispricing, and we'll see a
$2.20 stock price again, if not lower.
