Here's the kind of thing he has been writing on reddit:
>I'm driven by facts and evidence and not by some big name person investing money. These people sometimes invest based on ego (which pretty much explains Google Glass). I would suggest you watch the movie "The Big Short" (not totally factual but it gets the point across). [1]
My eyes rolled when I read that quote from him: he started his whole debunking-Magic-Leap blog series by making a disclaimer that he was buying eMagin and trying to pump them up by showing that Magic Leap might be using them.
Only egotists would invest in hyped-up Google glass! That's why he wishes he did:
> The last time I played this game of “what’s inside” I was the first to identify that a Himax LCOS panel was inside Google Glass which resulted in their market cap going up almost $100M in a couple of hours.
A little bit of ego there, huh? Why, he was personally responsible for $100M of market cap and wishes he could have bought in so that he could dump the position during the hype, knowing that Google Glass itself wouldn't take off in the long run.
And even after missing out on that opportunity, he missed another:
>About the time Himax stock hit its high, I found out about the Seeking Alpha article and posted a comment reiterating what my blog post had stated that I didn’t think the Himax panel was used in the newest prototypes (there were also comments from others stating the same). Himax then stock dropped back about 16% or about $135M in market cap. (Gad, I should have shorted before I wrote that comment ).
None of this is some huge moral indictment; just be aware the guy is now openly thinking along these lines when he writes technical analysis on his blog.
Here's the kind of thing he has been writing on reddit:
>I'm driven by facts and evidence and not by some big name person investing money. These people sometimes invest based on ego (which pretty much explains Google Glass). I would suggest you watch the movie "The Big Short" (not totally factual but it gets the point across). [1]
My eyes rolled when I read that quote from him: he started his whole debunking-Magic-Leap blog series by making a disclaimer that he was buying eMagin and trying to pump them up by showing that Magic Leap might be using them.
Only egotists would invest in hyped-up Google glass! That's why he wishes he did:
> The last time I played this game of “what’s inside” I was the first to identify that a Himax LCOS panel was inside Google Glass which resulted in their market cap going up almost $100M in a couple of hours.
A little bit of ego there, huh? Why, he was personally responsible for $100M of market cap and wishes he could have bought in so that he could dump the position during the hype, knowing that Google Glass itself wouldn't take off in the long run.
And even after missing out on that opportunity, he missed another:
>About the time Himax stock hit its high, I found out about the Seeking Alpha article and posted a comment reiterating what my blog post had stated that I didn’t think the Himax panel was used in the newest prototypes (there were also comments from others stating the same). Himax then stock dropped back about 16% or about $135M in market cap. (Gad, I should have shorted before I wrote that comment ).
None of this is some huge moral indictment; just be aware the guy is now openly thinking along these lines when he writes technical analysis on his blog.
[1] https://www.reddit.com/r/magicleap/comments/5fyq6b/some_more...