Oct 31, 2024 LAS VEGAS
CEO Michael Murray was dealt a bad hand with a court case and jury award that involved issues before Michael was the CEO of Kopin Corporation. (KOPIN Impact Stock) Temporarily, this legal snafu has taken the shine off of what Michael and his team have been able to accomplish over the last two years. It has been a meticulous transformation from what Kopin was into what Kopin is today—with a facelift and complete rebranding of Kopin and a new corporate culture focused on serving their customer's needs and achieving cash flow positive and eventual profitability for Kopin and its stakeholders. Michael and his team are doing everything right to achieve those goals. The share price reacted positively, and then there was a jury award from a case that had been going on for years. The jury verdict from a small town where a small company painted a picture of Kopin as the big evil corporate behemoth. I am not going to go into all of the suit details. There has not been a final ruling from the Judge overseeing the suit. Kopin had to take measures to protect the company, which has taken people's eyes off the things that matter in the long term and chosen to focus on the things that matter in the short term. The market hates uncertainty until the final decision has been ruled upon and the appeals process if required, is over there is uncertainty. With that in mind, the astute investor could have a tremendous opportunity at the current share price. I encourage you to understand who Michael is and what he and his team have accomplished, assess the situation, and recognize and appreciate the risk-reward setup. If you believe that Kopin is in an industry that will continue to grow, and you think that Kopin can have a significant positive impact on not just one but many industries. Then, there is an opportunity for people to make their own positive impact by sharing Kopin's story or potentially investing in Kopin at these levels. Take a good long look at Kopin and make your own decision. This is one to keep on your radar!
Up your stock market game with Wall Street wisdom by using the STOCKPICK Mobile App. It is a steal of a deal at only $79.95 U.S. a year.
Use My Code and get an additional 25 percent off. What have you got to lose? Go to https://stockpick.pxf.io/alphawolftra... and use coupon code ALPHA25 after your 14-day free trial!
Produced with CyberLink PowerDirector
