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Re: RandolRocketman post# 2943

Saturday, 10/01/2016 11:04:37 PM

Saturday, October 01, 2016 11:04:37 PM

Post# of 4238
Vuzix has been advertising for ages...

Why? Because they diluted the living hell outta shareholders....with over 265,000,000 shares issued and outstanding back in 2012. If you're gonna issue that many shares you better have some outfits pumping the stock.

Then in Feb of 2013 they do a 1:75 reverse split...brought the total outstanding down to just 3.5 million odd.

And now? Already back up over 17 million....do you sense a pattern? Each time the pumpers say "oh, but this time is different" "now they're pivoting into a profitable company".

They're entering their 3rd decade and have never made money....so sure, this time will be different...

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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