Droog:
I doubt if the stock ran because of advanced knowledge of the BA delivery. The company had announced several weeks ago that it would be delivering to BA. I haven't re-checked the announcement but I believe it stated an August delivery date. So the contract and delivery date have been public for some time.
There have been a number of, what I regard, significant developments at the company recently. You can see a complete record of press announcements on the web page at MVIS.COM as well as a description of the unique technology. As a holder, I have been somewhat frustrated by Wall Street's inability (until recently) to value the company more in line with my own opinion! Hopefully, what we are now seeing is not "hype" or "momentum" players but a growing understanding by long term investors that this company has important technology that is beginning to be noticed by influential players such as Boeing. Whether or not this is properly valued in the current price of the stock is a matter for personal analysis - I will make no judgement here.
There are rumors every day on at least a handful of stocks (most of which would lose you money if you were foolish enough to act on them) but the only rumor I've heard on MVIS is yours - "the stock is acting so well, maybe someone knows something". Well, if so, "someone" is remarkably well hidden and "something" is still a mystery to everyone I know who has an interest in the company. I'm holding the stock because of the basic technology, the quality of management and the progress so far evident. This is all I need.
It is illegal in this country to act on any information that could be considered privileged or to pass such information to any third party, other than as required for the conduct of business (i.e. definitely NO tips to third parties for investment purposes).
I am not advising you to buy or sell the stock - as with any investment, do your own homework and act on the facts as you see them, rather than the rumor mill.
David |
