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


To: Urlman who wrote (1160)6/11/1998 11:02:00 PM
From: LoneStar  Respond to of 7720
 
Don't know if anyone has seen this, but there is a nice little article in Business Week (June 8th) about Microvision. Title is "It's not there, but it's no mirage". It appears on page 68.

LoneStar



To: Urlman who wrote (1160)6/12/1998 2:42:00 AM
From: kili  Read Replies (2) | Respond to of 7720
 
'The market is always right.'

With that kind of general, theoretical basis for how the market operates, these last two days have given reason for concern. The huge volume cannot mean other than

(1) somebody playing a dangerous game of shortselling (may it blow up in his/her face) or
(2) one or more large investors have lost all faith in MVIS and just dumped them or
(3) there is some information about the company or the VRD that the rest of us don't know.

The latter is, of course, the worst possible scenario, but I can't quite see how that should be the case. WE DO NEED SOME INPUT FROM RICK ON THIS.

At any rate, new resistance and support lines are forming with the stock, so the march back to the old highs will definitively be much longer than for only a few days ago. If my own position is similar to that of others, I've bought shares on a margin account. The fall means my purchasing power is rather slim (to say the least), so we could need some fresh investors in here to give us a helping hand. A priority job for the IR officer of MVIS, whenever he/she pops up.

One of the last posts claimed the need to 'stomach' this: Mine's not in a very got shape at the moment, but don't fear: My confidence in looking forward to both the first and second split from $100 is intact.

Kim