About half of the stocks I watch are now trading at roughly half of their 52-week high. Thus, MVIS does not stand out negatively in that regard. And, there have been margin calls for some holders of this relatively-thinly-traded issue. Also, as pointed out on MVISpages, there has been no news lately of any apparent significance. These factors all contribute to the recent weakness.
I guess I am still somewhat put off by the brittle and morally superior tone of the recent wave of criticism, esp. on MVISpages. It seems to me that underlying the bitterness is some resentment that the putative spokesmen for what is claimed to be between 8 and 12 percent of the shares outstanding are not accorded more deference by the company.
MVIS cannot but assume, even in the face of strenuous denials, that all this is a reaction to the share price. And I'll bet that the real break between the company and MVISpages, recounted there today, came when the editors introduced the parking lot surveillance idea (ñ time clock, IMO) without any of the groundwork needed to support its rational use.
Any who are dissatisfied are free to sell, although I would wait until the editors' suspected "masterstroke" is either revealed or refuted.
We're staying long and waiting watchfully. |
