Wednesday, October 17, 2007
Position Update: MVIS
Frankly, I could give two queer goats and a bottle of whiskey if the stock triples, over the next 18 months. The fact the company let the stock deteriorate like this is alarming, to say the least.
While you may say "they can't manufacture news" or "make the stock go up." I say, how about some insider buying Tok? How about an update on the technology advancements?
Instead, the only news this company has released, since 7/24, is the fucking CFO selling shares.
its possible that things are going VERY well. if that is the case then mvis insiders would be barred from purchasing on inside information...
"Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments"
If you ask me, Tokeman is a fucking pussy. I own more shares than he does. Fly, why don't you just try to become the fucking CEO?
meanwhile, they're losing they're own competitive advantage.
some fuckwad needs to go on the record other than Motorola.
Wait a minute - nobody blaming naked shorting. This can't be Yahoo.
How odd. Must be an alternate universe.
nice call woodshedman, going to crash .. i mean cash $$$$
Co mgmt may not want to appear to be "milking the PicoP" at this point in time.
All they have to do is give themselves a raise or bonus to buy stock. So that is not the issue.
The fact that they are not buying stock, may be an indication that they are trying to be smart and proceed with caution at this critical juncture--and avoid a related party transaction "Chicom"-like debacle.
But what in the fat fuck do I know? I bought NTRI just before it shit the shower.
if you're looking for high volume handheld devices, look at zixi. they're selling a prescription-pad PDA for doctors that connects directly/securely to pharmas/ins. they're also acting as their own service provider, extracting revenue from sick people/insurance with not only each device sold, but each RX written.
also, sqnm, even though up.. a lot.. since my last mention of it here last week, still nice around $11, imo.
Granted MVIS mgmt is untested.
But that's why we pay Broker the big bucks-- to crack the whip on AT & Co. and pass out asshat awards when warranted.
The herd has an hour and a half to figure out the Fed has to cut at the end of October. I'm with you.
I am still a firm believer, and this investment require a lot of patience (tho not much compared to other 'story stocks' i have owned), but shit. the silence IS deafening. will be in the mid 3's if we have to wait til JAn CES for chrisake.
"The Fly" and his minion are in contact with mngt and IR of every company he owns.
What do you think, I'm fucking around here?
Pay attention to PGM prices. They are breaking new highs today. So can SWC stay in red for too long before a strong rally? I don't think so. Buy before it is too late. If PGM prices continue to go up, SWC will make big money soon and it WILL rally big time.
Mean while short FSLR. They are rabbits in a rat's cage.
Either way, I'm not selling. I am not trying to shake the tree, just venting.
You know I'm right.
I agree exactly with Tony.
I personally asked Tokman at the last Shareholder Meeting why he and the other BOD were not buying shares and his exact response was:
"well, none of us are rich....hopefully that won't be the case for long".
I say: "Hey tokman, you make nearly $400,000 per year, (base salary), I think you are more "rich" than most individual shareholders (with the exception of the fly of course) so stop the excuses and start buying. I am starting to have serious doubts about this guy.
He always gives that excuse.
He should make a charitable contribution of 10% of his income to buy himself 9,000 shares of MVIS.
How does that work? Can you set me up with one of those MVIS charitable contribution schemes?
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