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Technology Stocks : MVIS
MVIS 1.150-1.7%9:30 AM EST

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From: Fintas10/7/2014 11:59:38 AM
of 11
 
One really doesn't look at a MVIS too hard using PNF. Reason is the FA is suspect.

Saying that and ignoring there's a reverse split in there. Which SOMETIMES can work out.. BUT...not always.

3.24 would be a pivot.

Under it is 1.62

Cut that in half and there's .81.

OK so we know it did the reverse split and had a push.

We know it push past the 3. I'll use the 3.24

And we have seen that 3.24 back down..

Using the .54 that's the 2.82/2.28/1.62.

It's at 1.93 ish.

Now I'd be considering FA. If it's for crap.. one best expect the drop down under 1.62 to then consider 1.08/ and then we see if it's a company that survives or just languishes.

Like I have stated.

THERE are just too many out there to be playing with this HIGH RISK.

One could do that with an OPTION as a BAC for the 9's when it was .50. A much more viable company as has been shown.

So why the heck would one want to play with MVIS.?

I guess the same reason some want to try to buy GTAT for the bounce.. But in my view as an investor that's GAMBLING ...not investing.

I'm an individual investor and although I have been known to gamble.

It would not be with a MVIS!!!!


For those who are LONG.. or trading LONG.. I wish ya well. But I'll be on the sideline WATCHING how this one plays out.

Fintas
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