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Re: Slojab post# 5682

Friday, 10/29/2021 5:29:11 PM

Friday, October 29, 2021 5:29:11 PM

Post# of 5773
I think the fundamentals look very bullish -- just not in the timeframe people have become accustomed to.

It wasn't all that long ago that 3 year timeframe was considered short term and investors looked out 10 years for real gains. Now it seems like the attitude is "it is isn't going this week it isn't worth investing in."

For MVIS they've adjusted the expectation to sometime summer 2022. Not great news for those who have been holding this and expecting movement this fall (like I have been), but with a more definite time expectation there is light at the end of the tunnel. This will most likely prolong this downtrend we've been in into early next year providing some good buying opportunities for those who can afford to be patient.

I am holding my remaining shares for now, and will look at add to my position should the price drop back close to the $5 level, but with the guidance on real revenues being 7 months away, I see other places it makes more sense to put my money in the meantime. Incidentally, these are shares I purchased in 2017. I did sell off about 80% of my position earlier this summer which allowed me to buy a house that is a great fit for my family for the next 25 years.
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