Looks like the market is saying "prove it" to Vuzi
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Posted On: 06/01/2019 1:25:48 AM
Re: whytestocks #34
Looks like the market is saying "prove it" to Vuzix....
Its the old, 'fool me once; scenario...but here its more like the market has been fooled multiple times about projections of big things...and now Vuzix needs to show proven and verifiable results. Quarterly revenues need to get up over $5 million imo, in fact with the way they're losing money I think $10+ million is what's needed.
Its the old, 'fool me once; scenario...but here its more like the market has been fooled multiple times about projections of big things...and now Vuzix needs to show proven and verifiable results. Quarterly revenues need to get up over $5 million imo, in fact with the way they're losing money I think $10+ million is what's needed.
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