Fly on WallStreet: Position Updates: MVIS

Thursday, November 02, 2006

Position Updates: MVIS

Considering the stock is up 25% today, I thought an update would be appropriate.

Basically, the company announced they linked up with a major Asian OEM, in order to mass produce product. So, one would think, MVIS may be on the verge of landing a major contract with a cell phone manufacturer or automobile company, like MOT or F.

In my opinion, $2.50 is still very cheap, considering they have a portfolio of disruptive technologies that may impact everyday life in America and abroad.

However, before I get ahead of myself, let's wait until tonight's earnings announcement to get a better picture of how the company is progressing.

UPDATE: It's now up 42%! Where is that guy who was mocking me now?

# posted by Broker A @ 11:03 AM

Comments:

I'm mad because your reasoning for not following you into mvis @ $1.95 made sense. FUCK!!! I'm relatively new to investing and have learned alot reading and shadowing you. Also made a little money. Thanks, keep up the good pro bono advice.

# posted by

Anonymous : 11:34 AM

You mean this: Disclaimer: If you buy MVIS because of this post, you might as well eat 30 pounds of pure "Trans-Fat."

I agree. If I were you, that would have stopped me from buying it too.

# posted by

Broker A : 11:36 AM

Dam I would take gaining 30 pounds and a heart attack risk for that runup. Soulda coulda woulda. Time to take some profit don't you think?

# posted by

Anonymous : 11:49 AM

If we can breach the gap at 3.02 kaboom!!

# posted by

Anonymous : 11:58 AM

Well congrats what is that about 40k in one day? Just curious do you use trailing stops on small stocks like these in case of a collapse?

# posted by

Anonymous : 12:01 PM

I take my hat off to you. My lightheartedness the other day is looking like complete stupidity today. Congrats.

# posted by

Anonymous : 12:03 PM

Oh, and I would like to add, that was one hell of a lotto ticket.

# posted by

Anonymous : 12:04 PM

I own north of 150,000 shares-- not including warrants.

I will not use stops, since I think the stock is worth $5.

Thanks for the kind words.

# posted by

Broker A : 12:09 PM

Break out the good scotch.

# posted by

Anonymous : 12:10 PM

Blue label?

Cheers.

# posted by

Broker A : 12:11 PM

If it doubles your ytd returns could be >30%, no?

# posted by

Anonymous : 12:28 PM

Broker have you seen this?
MVIS presentation
http://hosted.mediasite.com/hosted4/viewer/Viewers/Viewer240TR.aspx?mode=Default&peid=25633dcf-8363-44c5-9cc4-ed3bb1fa2746&pid=5696908c-a5f9-4b34-ac87-03ab40fdf0dd&playerType=WM64Lite#

# posted by

Anonymous : 12:30 PM

yes and yes.

# posted by

Broker A : 12:34 PM

Hey broker...Congrats ! and

Fly Buy!!

i brought more DNA just now- an looking to sell it for 84 85ish..lets call it a swing trade.,,can and will buy more..bar any news..news will cause rethinking..but I really expect no earth moving news...regards,A boy named sue.

# posted by

Anonymous : 1:11 PM

Are you taking any profits? Or are gonna let your nuts hang?

# posted by

Anonymous : 1:58 PM

What are looking for in earnings? Rev? Guidance? To back up this jump?

# posted by

Anonymous : 2:24 PM

I am putting my nuts on the chopping block. It won't be the last time.

Earnings will be a non-event. I am interested in product development, specifically the HUD and PICOP.

# posted by

Broker A : 2:28 PM

I've got a feeling some dilution is coming.

# posted by

Anonymous : 3:30 PM

You are half right.

They have 3 million in converts coming due in December. Aside from that, they have more than enough cash.

# posted by

Broker A : 3:34 PM

Fly on WallStreet

Thursday, November 02, 2006

Position Updates: MVIS

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