AI
Sunday, December 05, 2010 10:13:50 AM
Yep. One of a number of 'news about the news' stories. When the price spiked, it triggered a number of additional 'news about the price spike' stories and the tickerspam fed the spike until investors with brains realized that it was much ado about nothing and reality quickly set in. Microvision clearly doesn't know how to take advantage of such events...or doesn't really care about the share price (they should of course because there is toxic financing in place).
Indeed, Microvision is amazingly inept in the PR department. Consider their last release was on a day when the US markets were closed. Yesterday would have been a perfect opportunity to follow up with a story about the new picoprojector that would have piggybacked on the rumour to give it broader than usual distribution. Alas. They're clueless in this regard.
Indeed, Microvision is amazingly inept in the PR department. Consider their last release was on a day when the US markets were closed. Yesterday would have been a perfect opportunity to follow up with a story about the new picoprojector that would have piggybacked on the rumour to give it broader than usual distribution. Alas. They're clueless in this regard.
