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Misc Stock Market

KyloG said:
Ah... that makes sense. This is up almost 500% in a few weeks. This is still pre-revenue right?

I don't own any more shares but you guys are so disciplined for holding this at these levels. I'm out because I don't know how to value something like this...eventually they have to have revenues that justify a $3.5B market cap. But, maybe not in this market. If they were to get bought out what would the price be...$4B? $5B?
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Yes pre-revenue. BO price is the real question here. You know how that goes, there are those out there with $20B plus valuations but I don't buy that (would love to be wrong). However, there is a growing consensus that it really should be closer to $10B. CEO Sharma said in one of his CCs that he understood the real valuation of all of Microvision's technology (and over 500 patents), and funny thing he also stated he read the subreddit on MVIS (pre-craziness it is now, last year that subreddit only had a few hundred members, it has over 13k now and is more like ST), anyway he hinted at investors not recognizing the true value of the technology, especially as it pertained to the LiDAR vertical. So who knows... the technology could truly be lifechanging (getting darn close to that for me now).
 
KyloG said:
Ah... that makes sense. This is up almost 500% in a few weeks. This is still pre-revenue right?

I don't own any more shares but you guys are so disciplined for holding this at these levels. I'm out because I don't know how to value something like this...eventually they have to have revenues that justify a $3.5B market cap. But, maybe not in this market. If they were to get bought out what would the price be...$4B? $5B?
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Sir, this is a casino.
 
metwannabe said:
Yeah not a bad way to start the trading week. Definitely some buying the rumor going on today
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I said last week I was going to sell some above 15 and I held out so I still haven't technically taken profits yet.....so hard to put price targets in these types of runs you really just have to watch the trading. Appreciate the updates though! Saves me from lurking around the stock boards on this one.
 
I'd probably be too mentally weak to day trade, I'm back to feeling as if there's a next bounce in a renewable energy stock I picked up, I'm out, and I felt that for most of Friday, then flipped lol.

And it's not that I wasn't right on those things running, I'm just guessing that with more thematic/speculative things, I'd likely be better off choosing ETFs since I waited so long here. QQQJ has treated me well overall, and if I ever decided to go in on an ARK at ANY point...

Edit: For another topic, semis are probably still a good idea despite their runup (in fact, UMC is a relatively low cost stock here), yet I'm going to likely sit on my butt here for too long too.
 
metwannabe said:
Strong finish for MVIS, man if they were just to announce the EC in a few minutes AH would be parabolic
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It's already parabolic...the 21dema is $12...the 50dma is $7. This is really extended and these usually don't end well...unless it's getting bought out. But, I see nothing but solid call buying so money is still going into it believing the run continues. Maybe this hits $30 by EOW.

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Melvin capital added to their GME short. They never covered. Oh boy

edit: they could have covered in January because this info was from shares added back the end of Q4 I believe. We just don’t know. Short reports provide zero transparency.
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MVIS with an offering...that's why it was getting pumped so hard past week. It's only $50m so not that big. The way the market has been behaving this may pullback for a day or two and then just keep rolling higher.
 
KyloG said:
MVIS with an offering...that's why it was getting pumped so hard past week. It's only $50m so not that big. The way the market has been behaving this may pullback for a day or two and then just keep rolling higher.
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Yeah it barely dipped on the news. She looks strong
 
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