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Re: howardriggin post# 5467

Thursday, 05/13/2021 8:47:17 AM

Thursday, May 13, 2021 8:47:17 AM

Post# of 5797
News Flash: stock prices go up and down depending on a wide range of variables.

I've said this before, but I'll say it again in case you missed it. MVIS trading range right now appears to be from about 12.15-17.80. This is a wide range and we are seeing a lot of volatility. Spikes above or below that range are possible, but you see that it quickly snaps back to that range because that is where the value of the company currently sits according to the market. As new information such as orders and increased revenue hit, that price will adjust. If expected developments don't pan out, that price will decay. If we drop below the low band support in the low $10 range and HOLD that price for more than a day, then you can start getting nervous. Until then enjoy the fact that had you been paying attention you are up at least 5x on this and likely to see quite a bit more.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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