InvestorsHub Logo
Followers 29
Posts 3997
Boards Moderated 0
Alias Born 10/16/2003

Re: NewJerichoMan post# 3583

Saturday, 01/27/2018 2:01:34 AM

Saturday, January 27, 2018 2:01:34 AM

Post# of 4232
Everyone always says..."I've done me DD"

And then all these expressions of anger and frustration in social media.

They only raised 12.5 million in December. Look at the losses, in the 3rd quarter for July/Aug/Sept they reported losing just a bit less than 6 million. And with all their PRs talking about expanding or rolling out production of these $1,000 blade glasses....its simple logic to conclude that number is going to grow.

I wouldn't be surprised to see 4th qtr losses of around $8 million, and then probably even more in the 1st qtr of 2018. Unless I've missed it there aren't any PRs announcing any big sales contracts with commitments to large volume orders.

I don't think the company is viable...that's my opinion. But those who do think they'll make a go of it, obviously there's going to be dilution. If the latest M300s sell as well as the old model M100s....then the money they've raised could be gone before the year 2018 is over.

Regardless of my opinion of the long term viability however, that doesn't mean the stock can't keep climbing....but if they do end up going the way of Nortel I hope retail investors leave the ship before it sinks.


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.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VUZI News