Shares of Microvision (NASDAQ:MVIS) jumped over 20% prior to Thursday's trading action. After closing the day up 14% on Thursday, shares actually declined heading into the weekend. The small cap company continues to be on the cusp of a major breakthrough in the way consumers view videos. With projects ramping up for delivery in 2014 and 2015, shares of Microvision are getting too cheap to ignore.
The big news on Thursday morning was Mircrovision's collaboration with a new customer. Specifically, Microvision is "collaborating with a major global consumer electronics brand to develop a display engine for use in an innovative smartphone product."
Microvision did not release the name of the company, but did confirm it was...
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