Watt: A sad story so far
So far, investing in Energous (NASDAQ:WATT) has been a sad affair. The price has now reached its lowest points, having even developed quite well at times.
So, what happened? The share can best be described as a hype share, as this best explains the extremely strong price increase at the end of 2017. With its self-description, the company has even increased this hype a lot.
Energous is leading the next generation of wireless power and wireless charging with WattUp® [...]. WattUp® is an award-winning technology that will transform the way consumers and industries wirelessly charge and power electronic devices at home, in the office, in the car and beyond. WattUp differs from older wireless charging systems because it supports power at-contact, as well as at-a-distance, enabling a charging ecosystem that frees users from always having to actively charge or manage batteries.
Energous Corporation has developed WattUp®, a groundbreaking RF-based charging technology that will fundamentally change the way you think about charging your portable electronic devices. The WattUp wire-free charging system delivers energy over the air in your home, office, car or practically any other space you can imagine via a contained energy pocket. Mobile, wire-free power management means freedom from cords or stationary charging pads, and the potential freedom from worrying about running out of battery life altogether.
That sounds excellent at first, a company that is able to charge electrical appliances through the air, all electrical appliances in one room, as the user has just laid them down. When the company entered into a partnership with Dialog Semiconductor (OTCPK:DLGNF), an Apple (NASDAQ:AAPL) supplier, many investors speculated that Apple would support wireless charging for the iPhone X with Watt technology inside. The hype was also fuelled by Energous's announcement that the Federal
