Thursday, January 25, 2007

Totally Disgusted

I am at the point of hating MVIS. In my opinion, it is trading as if the secondary announcement is imminent. Every spike is sold, and the only buying interest seems to be retail. I wonder if mgmt. has already been doing road shows. If so, I'm sure the street is shorting it and will cover with the new shares. I want to dump this. I am going to make a decision on it today.

10 comments:

Anonymous said...

Well, you're not alone on this one. I have 1700@3.83...
They need a contract !

IIO said...

I think you will be sorry if you sell MVIS.

Woodshedder said...

iio, you might be right. The gamble is, as I see it, which comes first? The secondary or the contract announcement? I am I crazy in feeling that MVIS is not trading in a healthy manner?

Jack Landers said...

I say forget all about the contract and the announcement unless you have some unique experience with or perspective on the industry that most other traders lack. Look at the chart. What's the chart telling you?

IIO said...

I'm not much of a chart reader, but I think MVIS has had a nice steady rise over the past 4 months. While short and medium term stochastics have indicated a decline since the first week in January, MVIS's stock price has been holding steady above 3.5. To me, this is a good sign.

I think with time, as these indicators cycle back up, the price will again test 4 and hopefully surpass it.

But you should do what you think is right. I'd just be careful not to make the decision out of frustration.

vince said...

Hi,
http://www.getpicop.com./
That is just the kind of product I'd like to see in the future !
I'll keep mine !

Broker A said...

I can say with a good sense of confidence, there is no secondary in the pipe.

Woodshedder said...

Thanks for the encouraging comments guys.

Broker A- love your f-in blog. I will take you at your word about the secondary.

Anonymous said...

Jack Landers, the chart looks healthy to me. Continues to close at or above the 20dma. What is not to like, strong support at $3.50.

Anonymous said...

http://stockcharts.com/h-sc/ui?s=MVIS&p=D&yr=0&mn=5&dy=0&id=p35922196530&a=96002973