Pocket Pivot Review - VUZI 7-22-16

Published : July 22 2016 at 18:03 ET

VUZI is a leader in the Augmented Reality and Virtual Reality markets. These two markets hold massive potential going forward for gaming as well as other applications.

We mentioned VUZI on Thursday during our webinar. The sensational gaming hit Pokemon Go shot Nintendo to the top of gaming companies, increasing revenues by about 33% to beyond $40 billion. Pokemon Go is driven by VUZI's AR technology, and is the first game of its kind to dominate the AR market.

VUZI is a special situation company in that its market cap is still only $138 million, its sales are miniscule, and it has yet to earn anything. That said, it traded at record volume today which would qualify it as a pocket pivot. Such special situations are rare, but record volume with solid technical action can result in additional record volume days should the stock stage a solid technical breakout. All things considered, a small position in this company may be warranted depending on your risk/reward profile as an investor. 

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