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


To: The Ox who wrote (595)3/26/2021 3:24:57 PM
From: Sultan1 Recommendation

Recommended By
The Ox

  Respond to of 672
 
Interesting to see this play out.. Offer is at 20.50 .. Shares still trading in 22+ .. Nearly 26m shares traded.. Couple of tweets by Stephen Weiss talking about VUZI and that he has been adding today etc. + thinks it was not handled well.. Add to the mix, Cathie Wood and company owns sizable position.. Not sure if they are adding.. The whole thing will be over on March 30th.

And the main bookrunner, BTIG has a price target from before of $ 30 ..



To: The Ox who wrote (595)3/26/2021 3:35:28 PM
From: alanrs  Respond to of 672
 
Stock drifted down to the offer price of 20.50 then turned around ten percent, an encouraging sign. I figure part of the reason they issued stock is to try and tamp down some of the volatility. We shall see.