Vuzix Corporation-VUZI-A Visionary Pick? Message Board

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Technology Stocks : Vuzix Corporation-VUZI-A Visionary Pick?

VUZI 3.355

+2.0%

Oct 31 9:30 AM EDT

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To: Sultan who wrote (588)	3/17/2021 6:47:47 PM
From: alanrs	Read Replies (1) of 672

I saw that the Ark people who bought big a while back bought more on Tuesday. Don't know how reliable the information is, supplied by the IB news feed. Stock is acting like it's alternating between a short attack and a short squeeze, day after day, not actually likely. Somebody accumulating. Also read an article by one of the analysts that follows this a couple of months back, he felt it should consolidate around 12-13, where it was trading at the time. In fact, from his lack of enthusiasm one could have read between the lines that anything above 9 had him scratching his head. I think he misjudged the size of the market. We shall see. Hope they don't get all screwed up trying to ramp, wouldn't expect that, they've been at it a while, seem to have a decent engineering department. The yearly obsolete inventory charged is something I'm not used to, seems quite large relative to sales, but if that's what it takes to get to a widely adopted product I suppose it's just part of the deal.

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