Jan. 12 at 5:45 PM
$LUCY for anyone looking at the stock. Tiny float. Exploding market for their product. Massive partnerships (Reebok, Eddie Bauer, Nautica; which allows them a very diverse clientele). Global distribution centers. Quarter after quarter beats. Knowledgeable and well-intentioned CEO. Hundreds of patents. Cash in hand near equal to market cap. Sometimes the market gives amazing opportunities. If you can just see the forest through the trees. I believe this is one of those opportunities. Now they have announced
$1 million in sales, insiders, intending to buy, just as this landscape is heating up (smart eyewear, whether you like it or not, is the future). CEO just said the leadership team is buying because the company is undervalued. 44% market share for smart safety glasses on Amazon. A partnership with Home Depot or Lowes is next for their top of class safety glasses. Mark my words, the kindling is lit. Shorting this stock is playing with fire.