Poor old potato head just does not understand how the business cycle works. What is the point of comparing the price today with the price 1,2 and 3 years ago?? What a completely pointless and stupid thing to do. Only a life form descended from mating vegetables would do such a thing. Which just goes to prove that "potato head" is a very accurate alias for this vacuous vegetable.
The point is, potato head, that a new product portfolio has just been introduced. Do try and understand that when a new product line is introduced it takes time for sales to ramp up. I think this may be too complex for you to grasp but do try.
"just does not understand how the business cycle works"
Let's see SMSI in in the wireless connectivity business.
Connected wireless devices are at an all time high.
It would seem that SMSI's revenues should be at an all time high.
Figure it out for yourself. LOL!!
He knows it but he won't admit what everyone else says. Smith's products are out-of-date and just not in demand anymore. He talks about business and product cycles, so he definitely understands this. How often do companies in tech and the wireless sector bounce back after their peak? Next to never. And SMSI is no different. Once they fall behind, it's generally over. Unfortunately it seems Smith skipped the peak phase and went from the growth phase directly to the dog phase. There is no recovery from that. Sure sales may rise a bit in the short-term, but in the long-run the company is finished.
I'm just praying for the price to spike a few bucks on hype so I can sell on others' stupidity before it drops back down again. I fear this time though a spike may only be to $2.00-$2.50. My BE is about $4, but I don't see it happening.