Tech Convergence Will Spur Demand for New ADAS Technology

Looking up

Well,



after two pretty miserable days, MVIS stock showed some vital signs with a nice 6.4% bump off of $7. We closed at $7.44.



If the projections of a volume order in the current quarter pan out, there are 27 trading days left between now and the end of the quarter (6/30).



It's possible the Lumera IPO could happen during this time as well.



In the meantime, they're showing off the MicroHUD next week at SID. That should get some people talking.



I'm hopeful that this week's blowoff was the 'capitulation' that signals a trend reversal. It's possible we could ride an improving Nasdaq (and there are reasons for exuberance there) higher. It's possible we could be included in 2004's Russell 3000 Index which would force a bunch of funds to buy our shares.



It's possible we will blow the doors off with the killer order for Nomads from Honda or Volvo or the DoD that the true believers are waiting for.



Let's do this thing!



BJ



Comments