Tuesday, February 06, 2007
Position Updates: MVIS
Right now, MVIS is suffering from post CES blues. Typically, after CES, many small companies like MVIS or ONT get plundered--for lack of catalyst or momentum.
In no way does it mean MVIS is done. For now, the momentum gravy train that pushed MVIS to $4 has stalled. In order to get the fucker up and going again, the company needs to execute and make a fucking product.
Afterall, I didn't buy the stock for CES, did you? If so, then you should have sold weeks ago. I am in the stock for the duration or until the greed factor overwhelms me.
Despite murderous days like this, with the stock down 5%, I am optimistic. The big picture, for me, is licensing agreements and revenue, then earnings. Everything else is just noise.
To put it plainly, if you bought MVIS and can't handle the volatile nature of micro-cap stocks, you should have known better. Your fault fucker.
With my money, I will "man-up" and look to buy some-- should it dip in the $3.20's.
In no way does it mean MVIS is done. For now, the momentum gravy train that pushed MVIS to $4 has stalled. In order to get the fucker up and going again, the company needs to execute and make a fucking product.
Afterall, I didn't buy the stock for CES, did you? If so, then you should have sold weeks ago. I am in the stock for the duration or until the greed factor overwhelms me.
Despite murderous days like this, with the stock down 5%, I am optimistic. The big picture, for me, is licensing agreements and revenue, then earnings. Everything else is just noise.
To put it plainly, if you bought MVIS and can't handle the volatile nature of micro-cap stocks, you should have known better. Your fault fucker.
With my money, I will "man-up" and look to buy some-- should it dip in the $3.20's.
