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Re: SkipDawg post# 3745

Tuesday, 03/19/2019 6:38:48 PM

Tuesday, March 19, 2019 6:38:48 PM

Post# of 4231
Vuzix pumpers have been wrong for years about huge growth....

Wounded Warrior was touted as a Mega Deal not long ago, same with the Toshiba deal. And of course who can forget the Alexa pump last year that sent the PPS over $10 per share.

Short interest isn't even that big, 6 million odd out of 27 million or so shares outstanding is only about 22%....sizeable yes, but its far from being among the largest shorted stocks. While other Nasdaq stocks have short interest up in the 40, 50, 60% range, 20% or so isn't close to being a top pick for short players:

http://www.highshortinterest.com/nasdaq/

I do get it though....2018 was the worst year ever for Vuzix for net loss, even after all the hype and promise. Pumpers need to hang their hat on something, so blaming short selling instead of pathetic factual performance does make sense.

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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