Apr. 25 at 6:45 AM
$VUZI I sold most of my position Thursday and Friday. This evening, when I saw the news of Dr. P's departure, I dumped the last bit of my position in the post market.
Dr. P's departure is quite damning. It is further confirmation that PT is nothing more than a grifter. PT has absolutely zero credibility with wall street and, apparently, not within his industry either. The real reason for Dr. P's departure is not known, but it doesn't take a genius to connect the dots. He wasn't with the company long enough to unpack his suitcase. I suspect he figured out PT was either incredibly incompetent as a CEO or a criminal, or both. Obviously, this is pure speculation on my part, but his fast departure is not a good look for vuzix any way you look at it.