SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.951-2.9%12:21 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Obewon who wrote (2810)6/7/1999 1:06:00 PM
From: kili  Read Replies (1) of 7721
 
Thanks, that's useful input from the market.

(...)He says that it is almost certain that the warrants will be called immediately after the 20-day period above $24 and that the subsequent sale of new converted shares may provide downward pressure on the stock.(...)

Working in the opposite direction would be the markets knowledge about MVIS having secured a heavy load of cash to ride on towards the revenue from both development contracts and commercial sales start. I've never managed to time the odd attempt to sell/buy back, because I've been scared about being left on the station when the steam really gets up. Luckily enough, I was more or less fully invested in MVIS when the take-off from 15-16 took place, and I'm quite sure we will be seeing a few more of them (take-offs, that is). I'd risk a short term relapse because my guess is that should such a pressure from selling new converted) shares take place, it will at the same time open for new large investors wanting to put some money in the company which needs the added volume to the trading for purchasing a large ($$$) stake without pushing the price through the ceiling.

Kim

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext