Its interesting isn't it? Let me preface this with I have no idea what's causing the short volume which has historically been somewhat high for awhile but I have suspected that it is more related to hedging or do to numerous weird possibilities like someone shorting vs long term restricted stock or options, part of a bigger strategy that shorts a basket of stocks, or shorting against some position they want to wait on taking a loss/gain for some reason?
If this is the case or the short is hedged in some way the downside is they ( the shorts) may not be pressured to cover the position on a big run up. You don't get that rocket fuel to boost the stock.
The only "upside" of this possibility is that its not for example a big hedge fund that has analyzed the whisper chip or AR and feel the field has no hope. So in other words in general shorts tend to be more sophisticated that your average longs and sometimes they know something.
It will be interesting to see how the recent insider buys effect if at all the short position. These insiders have almost never bought the stock over a 25 year period but they have chosen to buy now.
lots of selling at 2$ a share but 2 was the high on Jan 20th when the stock traded 3million shares. combined with any short selling it seems to offer for now short term resistance ( perhaps soon a floor?).
I do suspect the short position will go down in the fall as it did last year which tends to be favorable for tech stocks.
I am one of those who bought in KOPN at much higher levels.initially buying at $3.94. i'm hoping that not only will the stock get back to that price but it will have been an excellent buying point. Time will tell.
Seems another ~632,000 shares were shorted during the first half of May 2016.
What are these people thinking? What is their price target on KOPN?
I like seeing the upward bias of late.......but wonder why the very high volumes are not causing more upward price movement. Who is selling here.......and it would seem to be coming from those selling at a loss as most are in much higher than $2.
What do y'all make of the increasing shorts (2.1 million more than mid-Jan 2016) and the higher volume trading of late (with no gains today)?
Date. Short Volume
I bow to your superior insight and wisdom..and hope to continue being dumb and wrong until i recover at least part of my investment...thanks.
I'm supprised that Apple doesn't have a device like Echo or Chirp. Wearables seem to be gaining ground this year too. That would be nice if they bought KOPN
Apple or Intel it would be like going to the movies and buying popcorn as far as cost. Apple is moving in the direction of wearable s and Intel already owns Recon which is one of Kopins customers.
must have caught a bunch of people with sell orders with low limits........otherwise this should be up $0.50-0.75 today with this many shares traded....
Chirp combines Google’s popular search engine with its voice assistant technology, which debuted in Google Now. The digital assistant’s design resembles Google’s OnHub wireless router and is expected to be debuted at Google I/O, the company’s developer conference that takes place May 18-20, 2016.
Many saw the OnHub wireless router as a milestone into voice assistant technology, except for the fact that the device is missing a microphone. Chirp, on the other hand, is a beneficial tool with a microphone and voice assistant tech that helps users quickly obtain data and learn more.
With Android-powered devices, Google Now lets users perform certain activities, such as searching the web, setting an alarm, launching apps, and more. Bringing the technology to the home environment would eliminate the need to have your phone constantly on you at all times.
Currently, Amazon holds the reign for most popular digital assistant, but that may soon change. Along with Google introducing Chirp, the creators of Siri demoed Viv after it saw a need for a physical device for Siri to live in rather than solely being an app. SoundHound also unveiled a voice assistant platform called Houndify, which allows third-party developers to integrate their services into Hound. As Amazon and Viv heavily rely on third-party integration, Google’s new assistant will likely have to do the same to keep up.
All good and well. But all the directors and Fan himself are multi millionaires, especially Dr. Hsieh. So what is $100K investment on KOPN?? A drop in the bucket!. Still it is good news, a step in the right direction. Still got a long way to go though.
Morton Collins, a director of Kopin Corporation, recently acquired 56,500 shares of the company. The buys took place at $1.88 per share, on May 18, 2016. Collins now owns 298,000 shares of the company. Collins operates out of Westborough, MA
Your not kidding, I mean like five different directors made large purchases at the market. And its still going on, we may get more.
Chi Chia Hsieh, a director of Kopin Corporation, recently acquired 50,000 shares of the company. The buys took place at $1.74 per share, on May 16, 2016. Hsieh now owns 236,000 shares of the company. Hsieh operates out of Westborough, MA. Some additional info was provided as follows: