VUZI is set up very nicely for a swing play. Current SI is around 16% so not super high. But this has some positives too. I feel the company is currently undervalued in its sector. The latest earning report shows revenues at 2m which missed the estimate by 400k. EPS -.16 (missed by .03). They just got selected by the US Air force on 6-3-24 for Augmented Reality Head-mounted Displays. They also have a growing demand for Captioning Glasses with orders growing nicely. Volume is extremely low under 200k. So it has not come across radars yet. CAPEX Growth YoY -20.53% so not great but not terrible for the valuation. Their earning repot in 8-8-24 is estimated at 2.55M with a EPS estimate of -.08. Once people get wind of the low value deal I believe momentum will push this along nicely with a float of only 59M and 16% covered by shorts. Lets get some volume going. I currently hold positions at a average price of 1.38 right now. If it dips under $1.25 I will increase my position. This is NOT financial advice as you should do your own DD to determine entry and exit.
