Why must one break even on the share for it to be of value?
You have a clean negative bias towards the developer and are taking it out on the product clearly. At least be smarter about your direct bashing.
Are the shares currently over-priced? Yes. That's because those buying them are speculating an increase in volume in the future and are willing to take the risk of doing so. At this point you're either jealous or just hate RS. Either are valid, but neither help progress anything.
What is the purpose of a share? To make money. These shares will never make back the original investment. Therefore, they are a poor investment.
This isn't complicated.