Just in case: " The manipulation on Friday was surreal." - that wasn't me. I wish I had this kind of power but I don't.
Seriously, that drop of Friday is a simple indication how easily thin traded microcaps can be manipulated. No regular trading tools like "Stop Loss order" would work here. Evaluate your risk tolerance with VUZI.
VIX is high - market is about to drop. Get your trading cash ready - VUZI will sink at the earning report and you will get your chance to load . My guess is it will test 4.30 again and soon..
And everybody who is going to call me "paid basher" please let me know where can I collect my check.
Eventually, he will learn.
Weeklies are good for selling - sell puts far enough out and get little cash , or sell covered calls also far out. Tuesdays work best - you would already know which direction the stock is moving and there is still a little time value left.
There is an ad video on the right of mb called "this is robo ... smartphone"
It's a new Robo Hon from Sharp which has MVIS projector inside.
It's not VR/AR device, I think they gave up on idea shooting laser beam directly into human eye, but some of investors here were and maybe still are invested in MVIS. The ad is also on yahoo finance page .
The price is $1800. If it would sell at this price HMD for $1500 would go too.
HMD with Apple Logo would go even for $2K.
the fact that is advertised on CNBC for North American audience (in English and with price in dollars) implies that Sharp is planning to sell it here soon.
Mother or Father Day, perhaps ?
That commercial video on the right from your yahoo mb screen.
That's Sharp's Robo Hon with MVIS projector inside, right ?
If it would have Apple logo it would fly off the shelves.
Their projected revenue is 2.6B vs 2.7B , less than 4% miss. Margins shrunk from 25 % to 23%. Is it a big deal ? Would it justify the drop of 20% ?
I think the market is itchy for another dive. A little bad news and it's ready to drop.
Look at the morning reaction today .
Get the cash ready , Or just go all cash for next 30 days.
I think I saw the new format few weeks ago , it's back to normal for me now.
Yeah, it's not wonderful. I wouldn't call current format On eGood thing neither.
I use ad blocker and I added vidieo url to my blocked list. Now I just have black rectangle which is still annoying but not as much as videos.
Option contracts are not the same like shares. There is no "float".
Pretty much the most of option writing is done by brokers and market makers - if they see a demand they write more contracts. So the traditional "supply and demand" model doesn't work in option market. It doesn't work well in stock market neither because of high speed trading but options are just worse. Whatever you see as "ask" is not real "ask" - it's whatever MM wants to put there just to get the feeling of the demand.
I've seen insane asks in options - e.g. ask for 2.50 put would be like $3 .Who would buy the right to sell at 2.50 price for 3 dollars ?! Similarly , I saw bids for calls that are below (strike - current price), suggesting "negative" time value.
One of the things you should watch is Open Interest - if it's low .e.g. less than 100 and you buy those calls or puts you will have hard time to sell them and you may not get price anywhere close to "fair" .
Never buy or sell options at "market" price, always do "limit price" and don't wait till the last moment to trade.
That's why short term options (like weeklies) are just ATMs for brokers.
You are wrong. There could be no meaningful discussion on this board. Just forget it.
Look at posts by scoverguy who boasts that he has so many "bashers" on ignore that the message board is all grey. He has his pride in Ignore List and you're trying to ask him questions.
He just wants to dominate this message board no matter what .
Here is scoverguy - Member since: Nov 22, 2013
Here is you - Member since: Apr 27, 2001
What difference 12 years of investment makes ?
Here is his opinion on TWTR when it was 60 - "Shorting right now will just plain and simple WILL not work" . - Dec 17 2013. What's your bet that he will admit that he has limited knowledge of stock trading ?
Sure there are people here with good investment experience - mv000 seems ok; vo2macs was involved in Vuzix before reverse split, I believe. Well, frankenberry is good of course, but you guys treated him badly on Himax board too many times. And those guys already made solid profit on VUZI, they just enjoy the ride now.
Don't bother .
I have some respect for haschulz. I was invested in HIMX and he was one of the most reasonable people on HIMX board. So I replied to his post, not just came here to bash Vuzix. I even traded VUZI couple times but not holding it now and I don't like shorting in general.
I guess, I need to do some more research, I was under clear impression that iWear is entertainment system, and "50 million *workers* are going to use it in 2018" is an interesting interpretation of the term "work".
I am not a "believer" so i will get down voted , but who cares.
Here is my take - I don't like VUZI management approach. They seemed too be more concerned with stock price and Nasdaq listing and all their PRs are targeting stock price.
About M300 delivered this summer - exactly the same thing was said a year ago about iWear and it was delayed. I remember big words about new waveguide manufacturing facility in September 2014 . Vuzix moved in new facility in October 2015 and as I understand, it's not just clean room, it's office space and everything else. I work in computer industry and I have some expectation about support site (forums, documentation, etc). Vuzix support don't live up to those expectation. It's pathetic. It illustrates very low interest of independent software developers and I kind of can project what level of support they provide to DHL and other potential customers - they most likely throw in their best 2 coders to work there full time for peanuts from DHL side, just to keep potential customer happy.
VUZI issue with Wall St. is that VUZI was delisted from Canadian stock market (TN.something ) long time ago. It was on OTC long time and did reverse split etc. Until Intel put their money in it was dying away. So any Wall St guy trying doing research on VUZI would find not a start up going IPO a year ago but financially troubled company with more promises than products. Yes, products do exists and do sell but there are more promises anyway. At this point, VUZI has no chance being bought out by anyone except Intel.
Why nobody talks about DHL trial project - it was at least a year ago and all the message board was filled with "next month, no, next week we get contract " . Looking back and listening to cc you would notice how Travers is looking for opportunities in the market and not finding them. Every other cc sounds like change of business model. DHL/Fedex , then iWear, now m300.
Good luck with your investment here
How are you doing with your AVGO puts?
Almost everything I look is showing overbought for last 2 weeks and yet not coming down . AVGO, NXPI, SWKS, BA.
The only one is in oversold is MU - your fav to make fun of. You thought it was bottomed at 13, amiright?
My TA is awful and I can't find anything reliable enough - better stay out of the market for a while.
It was Deep Blue, not Watson, and it was Gary Kasparov (world champion, not just some Russian master) who lost.
While it was all over news in its time, the real fact is that the chess program loaded in Deep Blue was modified on the fly by the programmers. And they had some very strong chess master on the team too. So effectively, it was a game of good chess master who was helped by the most powerful computer at that time against great Gary Kasparov.
I wonder more if Watson can predict IBM stock price. I don't believe those guys didn't try it.
Are you begging for censorship ?
I used to come here for good reads and even posted occasionally. For last 3 years I wandered here couple times and found nothing worth reading at all. It looks like most knowledgeable posters left and then less knowledgeable posters left and then even tech traders left.
It started with qmm guy/gal demanding to ignore this one and that one and trying to keep the sanity here but when I saw that internal policing started I felt the death spiral. It's not like it was full of wisdom before - you'd still have to rake through verbiage manure to get some amethysts but now it's just NYC sewage. Maybe qmm helped it to survive longer , it's in the past now as well.
Dilbert, you're only pushing everybody away with your greek talk.
You should simplify your entry level speech - "don't short stock, buy puts instead" , "if you like the company but you think it's too expensive, sell puts", "long calls are like stock but costs less", "vertical spread is limited in gain but also limited in loss - very good cure for investment romanticism" etc.
On the other hand, I remember the times when fraction math was a natural barrier for trading. It should be necessary to strain your brain before you throw money into the game.
Here is the simple rules that should help you with yahoo and World Wide Web in general:
1. don't use Internet Explorer.
2. Firefox or Chrome or Safari - install ABP (Ad Block Pro)
3. ABP allows you to add custom blocks - you can block annoying video clips, for example.
Overall, if you look on your computer screen and evaluate how much space is actually used for information you want and how much for ads , you can see where yahoo priorities are.
As for AR/VR following what we are watching - this is yesteryear. Soon , you will be walking through the mall and you would get coupons on your phones as you are passing the stores