Vuzix Corporation (VUZI)

[growacet]

Wednesday's rally faded....

In my previous post I remarked that a rally seemed inevitable, even the worst companies have their stock prices rally, and Vuzix did get to $5.51 before fading into the close.

We'll see what tomorrow brings, watching this stock is informative in that it proves how little fundamental performance matters imo. I would very much like to see this company survive for the sake of those who've risked money by going long.

But my barometer for success isn't just in pumping up the PPS as happened last Jan when they were diluting to raise $30 million....success to me means profits. Mind you if I was working for Vuzix and pulling in a 6 figure salary I probably would be anxious about the overall direction of the PPS this year as this is how the company historically has raised money, by selling shares.