wfrazee-
Interesting point, Ericsson & Co. buying themselves into the company. My first reaction to that kind of *behaviour* is that it might go two ways: They, as anticipated users of MVIS technology, would like to have control or interests in their supplier, but this might block out other users of the VRD. However, buying a 10% stake, why not?
I wouldn't like to see a huge company swooping in and snatching MVIS from us before the potential we're waiting for has been materialized!
It would be nice is some good news were relesaed at the annual meeting, but don't let's forget what has happened in the past: News relesaes (or anticipation of it) has made the price climb in advance, just to see a falling back once the news are released. "Sell on good news, but on bad" is a well proven investment tactic.
What I'm particularly pleased about with the last few days, is the substantial volume. I've read other threads concerning investor trategy, where the short term traders (intra day traders) never would touch a stock without it showing a consistent record of high volume (compared to MVIS). I can well imagine that we will be seeing the price going down again below $7, and although I'd prefer it to continue straight up (who wouldn't), we will be better off in the long run with an established, higher volume than in the past.
Kim |
