This is very true. I am diligently comparing the history of when the share price rose on a stock that is also somewhat of a tech company that went from .09 or so in 2012 to a high of $18 this year. I am watching very carefully as to when it finally went up to match its growing revenue. It took awhile is the bottom line. But all of a sudden in 2018 people took notice in a big way. It was the jump from $10 million to $15 million in annual revs that apparently made the institutions take notice.
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.