Replies to post #801 on Vuzix Corporation (VUZI)

[ImOnABoat]

Don't blame the day traders - they are making money off of this the only way that is possible at the moment, and there is nothing wrong with that. Blame the management for issuing 100% of the float worth of warrants at a ridiculously low price. THIS is what is keeping the PPS down. They would have been better off diluting the stock back in July from $7 down to $2 rather than issuing millions upon millions of warrants - dilution would kill the PPS short-term, but would have been done and gone by now. But the warrants are like Herpes - just keep coming back...