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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: tktrimbath who wrote (7439)	5/14/2015 9:16:27 PM
From: Sultan	1 Recommendation Recommended By E_K_S Respond to of 7720

Hedge Funds- News Herbalife Ltd. (HLF), Microvision, Inc. (MVIS), New Gold Inc. (USA) (NGD) Among Mark Stupfel’s Top New Picks Mark Stupfel’s Cortex Capital Management has filed its 13F with the SEC for the reporting period of March 31. The financial advisory firm is headquartered in Fort Worth, Texas and has an equity portfolio of $86.37 million as of the reporting period. The fund manager is primarily invested in the finance, consumer discretionary, healthcare, and information technology sectors. Stupfel added seven new stocks to his portfolio during the first quarter, including Herbalife Ltd. (NYSE: HLF) and Microvision, Inc. (NASDAQ: MVIS), and we’ll look at these top new picks of his in this article. Microvision, Inc. (NASDAQ:MVIS) is the second largest new addition to the equity portfolio of Cortex Capital Management. The advisory firm owns 500,000 shares of the company with a market value of $1.72 million as of the reporting period. Working primarily in advanced laser display technologies, Microvision has a current market cap of $140.24 million. The shares of Microvision have jumped in excess of 70% year-to-date. Unsurprisingly it has been an excellent year for the technology firm as the company landed a Fortune Global 100 Electronics Company as its client and received an $8 million upfront payment from it in March, along with a multi-year contract. While the client’s name was initially withheld by Microvision, CEO Alexander Tokman confirmed during a conference call to discuss his company’s latest earnings report that the client is Sony Corp (ADR) (NYSE: SNE). Microvision, Inc. (NASDAQ:MVIS) reported revenue of $0.9 million in its first quarter ending on March 31, 2015, which was lower than its first quarter 2014 revenue of $1.2 million. Some of the top investors of Microvision include Peak6 Capital Management and Citadel Investment Group. Read more at insidermonkey.com