Vuzix Corporation (VUZI)

[growacet]

Its a lot like Nortel years back...

Investors fell in love with the tech and the applications that Nortel was developing....it was very exciting. But finance doesn't exist in a VR or AR bubble....eventually a company has to make money, if the only thing sustaining operations are the printing and selling of shares, then eventually the house of cards collapses. VUZI, like Nortel before...they've been very successful in attracting investors and getting them to hand over $$$ for shares.

I know that Nortel bears were trashed for having a lack of vision, for not seeing the future....but the bears won in the end because of simple dollars and cents. Hopefully things work out better for longs here....the way the company is performing on bottom line results for 20+ years, it doesn't look good....but maybe I just lack vision about the future.