Vuzix Corporation (VUZI)

[growacet]

I don't get the sell off???

While my own personal opinion is that in the long run...I don't believe Vuzix to be a viable company. That's opinion, and obviously its perfectly acceptable for others to hold the opposite view.

The sell off surprised me somewhat....it seems that the market (ie shareholders) were not happy with the dilution, but it should be expected. Those who have a buy/hold mentality should welcome the cash raise, that's the way I see it.

My opinion that the company isn't viable may end up being right....but if the company doesn't raise cash to keep operating, then they would not have the chance to prove my POV as being wrong.

My latest blog post on the subject:

http://www.avoidthebag.com/2018/01/vuzix-shareholders-should-be-thrilled.html