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Technology Stocks : Vuzix Corporation-VUZI-A Visionary Pick? -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (311)1/27/2018 11:27:12 AM
From: richardred1 Recommendation

Recommended By
The Ox

  Read Replies (2) | Respond to of 672
 
RE- The 10 dollar offering. As you noted as to the timing of the offering. The stock now currently trades below the offering price. IMO The offering price could be possibly be adjusted downward to market conditions to fill it?

Just a few thoughts on the offering FWIW- Market conditions in general are strong currently. Upon a successful completion. Even if it's at a lower price. I believes this takes away the prospect of any more offerings this year, bring better stock stabilization from that asset anyway. I also believe this will put the stock more in a position to trade on forward incremental sales growth. IMO it will also trade on just the speculative aspects of it's future potential. This based on future collaborations and orders. On Profitability, I'm personally not even thinking about that yet. As I've noted before. I do believe in P. Travers and his team. It's up to them to execute the plan. The stock price moving forward will be their report card.

P.S. I just received word our oldest Daughter is coming back home to live with us. She's going to finish her degree and go for her Bachelors. Our Youngest already has hers. Our granddaughter comes with it. :+ )
I'll most likely be spending a lot less time on SI. I'm headed to Lowes today to get started in building a finished room in the basement for her. Plus I'm already planing a future retirement project for myself. I'm setting up my rock and jewellery shop in the greenhouse. This after a long break.