Vuzix Corporation (VUZI)

[RandolRocketman]

Investors taking new positions in this ticker.
Form SC 13G/A Vuzix Corp Filed by: HIRSCHMAN ORIN
BY 10K Wizard
— 6:05 AM ET 01/16/2020
I also noticed two top insiders buying more as well.
Form 4 Vuzix Corp For: Jan 13 Filed by: Travers Paul J
BY 10K Wizard
— 10:07 AM ET 01/14/2020
Form 4 Vuzix Corp For: Jan 15 Filed by: Kay Edward William Jr.
BY 10K Wizard
— 10:07 AM ET 01/16/2020
There is only one reason I know of for insiders to buy their own stock. They know it's going higher. Looking at the 5 year chart this likes to settle around $6, so under $2 seems a bit oversold.
If/When VUZI ever reports a profit again, kiss single digits g'bye. This could fly past $10 and right into the $20 before settling back down. If one of the many tie-ups they've scored hits hard, that could happen quickly, if it hasn't already. VR seems like one of those things that's just holding its breath waiting to hit popularity.
We'll see!