Why MicroVision Stock Just Tanked (Another) 8%

Shares of scanning technology-maker MicroVision (NASDAQ: MVIS) took a tumble on Tuesday, falling 10% in response to a negative note from Wolfpack Research, which blasted the company's "ridiculous" valuation, and said stock traders' decision to bid the company up 1,000% in three months in hopes of profiting from "a $1 billion buyout ... have absolutely no basis in reality." MicroVision's fans didn't like hearing that one bit, and in fairly short order, a Twitter war flared up with the company's supporters leaping to its defense, while detractors (Wolfpack being chief among them) insisted momentum traders are "out of [their] league on this one." MicroVision shares rallied with their defenders, gaining 5.1% yesterday -- about half what they had lost on the short report.