VUZI, a potential short covering?

phagefish
2022-08-09

Vuzix is an augmented reality smartglasses maker that has been around. Their technology is different from META Oculus tech. Theirs look like a normal pair of stylish spectacles and the waveguide microLED screen gives the wearer the perception that the image is one meter in front of the glasses. Vuzix smartglasses are already used by Amazon in their warehousing facilities and also in certain medical surgeries. Mostly these AR glasses are meant for work scenario and not intended to be totally immersive. To me, it seemed like over time, Vuzix will grow to be a indispensable tool in the workplace just like our smartphone in our everyday life. Current short interest (not sure of its accuracy) based on marketbeat, on 15July 2022 da ta of is 28percent of float. Quite high. Wed post market, they will be reporting. Hopefully, it is good and that may trigger a short covering. Will see. This is just my thoughts and should only be taken as educational and entertainment. This does not constitute a buy or sell recommendation. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • PandoraHaggai
    2022-08-11
    PandoraHaggai
    I love investing in the AR industry, thanks for the recommendation.
  • phagefish
    2022-08-10
    phagefish
    looks like there is significant amount of short covering going on.
  • MortimerDodd
    2022-08-11
    MortimerDodd
    The company is worthy of our investment.
  • HilaryWilde
    2022-08-11
    HilaryWilde
    It looks like Vuzix has a lot going for it.
  • ElyneTan
    2023-06-20
    ElyneTan
    thanks for your sharing
  • BellaFaraday
    2022-08-11
    BellaFaraday
    Are Vuzix's fundamentals good?
Leave a comment
1