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Re: adammh post# 2004

Thursday, 06/22/2017 2:04:22 PM

Thursday, June 22, 2017 2:04:22 PM

Post# of 5774
I agree. But that's because we're not privy to the exact reason for this weakness. But it's not out of the ordinary. Look at what the NASDAQ is doing today while MVIS does the opposite.

Check the interactive chart. MVIS is a tech stock that hasn't traded in step with the NASDAQ since 2004.

http://www.nasdaq.com/symbol/mvis/interactive-chart

It's traded in a channel between $1 and $3 for awhile now. There's a lot of room between here and $1. And unless some nice news comes out, there's no reason for me to think it won't continue heading to the lower band. After all, it's ignored what we've thought was pretty good news already.


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