There will definitely be a pull back at some point, exactly when and how much?? Big questions as always right
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Thor
Member
Bah Humbug
Haha but in reality RSI sitting around 90 its possible, think a lot of people will be buying dips.
All my stock is down 1.23% this morning. I’m sitting here stewing. Even my AMZN is down today. WTF???
A little weekend food for thought from a very large investor, who was part of the Fireside Chats Microvision CEO Sumit Sharma conducts. It's probably poised for a correction after the run this week but I'm still very bullish on this.
Sumit Sharma from Fireside Chat 3:
“The market will decide who is going to be the winner. MVIS is demonstrating every key element that the market says they want.In scalability, in price and in quality. If you've solved the biggest problems that gives the OEM the highest probability of success in capturing the mobility market revenue for the next 3-4 years, then you win.”
“The market has identified the key features they want. Go to the Velodyne or Luminar websites and look up their specs.....the research is out there.”
"We are well positioned to disrupt those companies.”
“MVIS LBS solid state scanning solution solves the problems of distance, size and cost".
“Automotive LiDAR is here right now, so it has incredible value. By making prototypes, by proving your theory, by sharing hardware and benchmark data...that is value and ultimately the right valuation.”
“How can we determine a value as being right or wrong? We finally have a vertical where other companies are going public that have models out there.....do your own research...I'm giving you a smoke signal".
“The market is valuing automotive LiDAR companies at a very high level because it's a very hot place to be right now. The market is valuing companies at significant multiples to future EBITDA. This is evidence that automotive LiDAR is extremely valuable.There are a handful of companies that have valuations of $3-$5B in less than a year. Take note of that!”
"We are beyond what anybody else has seen. That is not hyperbole. This has been validated by companies that are looking at our technology.”
-Sumit Sharma, CEO, MicroVision
Sumit Sharma from Fireside Chat 3:
“The market will decide who is going to be the winner. MVIS is demonstrating every key element that the market says they want.In scalability, in price and in quality. If you've solved the biggest problems that gives the OEM the highest probability of success in capturing the mobility market revenue for the next 3-4 years, then you win.”
“The market has identified the key features they want. Go to the Velodyne or Luminar websites and look up their specs.....the research is out there.”
"We are well positioned to disrupt those companies.”
“MVIS LBS solid state scanning solution solves the problems of distance, size and cost".
“Automotive LiDAR is here right now, so it has incredible value. By making prototypes, by proving your theory, by sharing hardware and benchmark data...that is value and ultimately the right valuation.”
“How can we determine a value as being right or wrong? We finally have a vertical where other companies are going public that have models out there.....do your own research...I'm giving you a smoke signal".
“The market is valuing automotive LiDAR companies at a very high level because it's a very hot place to be right now. The market is valuing companies at significant multiples to future EBITDA. This is evidence that automotive LiDAR is extremely valuable.There are a handful of companies that have valuations of $3-$5B in less than a year. Take note of that!”
"We are beyond what anybody else has seen. That is not hyperbole. This has been validated by companies that are looking at our technology.”
-Sumit Sharma, CEO, MicroVision
@snowlover91 any good plays setting up this week? Anybody else got any ideas to bounce around? Thinking about swinging BXRX but I’m open to suggestions. I keep feeling like the market is setting up for a massive pullback. A lot of stuff was up 30+% on Friday so this week is starting out sketchy. This first sign of trouble could trigger some big time profit taking.
snowlover91
Member
I have some Bitcoin plays, holding them longer term. With the continued printing of money and other catalysts they seem to be a good long term investment. For pennies, PVDG looks intriguing for a big move this week or next. Awgi is a longer term custodianship play, in a month or two will probably move pretty big. HGEN is a $16 stock with some big news slated for early January that I like a lot and has done well lately. DMGGF and HVBTF are my Bitcoin plays but follow the Bitcoin index pretty closely so they’re a bit volatile. SIRC is also a solid one that I think has some solid potential in the coming weeks. I don’t play the big caps in general, pennies are just too lucrative especially right now. I’m up over 15,000% this year playing them.
snowlover91
Member
HGEN continuing to move up nicely. Bought it at 12.50 a week or two ago.
snowlover91
Member
@metwannabe, MVIS ripping after hours. Any reason why? All I can see is the mention of Apple looking at lidar companies and speculation is moving it.
D
Deleted member 609
Guest
Gah right through my covered call again. Will need to roll further
Buy the rumor right? It has long been speculated that Apple was one of the potential suitors looking at their technology. Today's news of their possible vehicle in 2024 (or 2025 if pandemic delays) as well as relying on other company's for components, such as LiDAR, has to be what shot this up AH. There were some sizeable buys AH almost a $1 more than what could've been purchased just prior to close, seems someone trying to drive the price up.
MVIS ? ? ?? ? ? ?
@metwannabe what are your people saying? I'm trying to hold, but I don't think I can. Help!
Y’all rich yet!?
Looks like it wants $10. But what the hell do I know. My hands are the weakest. I would have been out @ $4
Far from it. My 25,000 shares at $1.43 are happy, though!
Jk
Up $1.61 today so far. It has to crash back soon, right?
LickWx
Member
They need to get bought out already ! I’m tired of the anxiety of wondering when it will stop running lol!
D
Deleted member 609
Guest
Bought a mvis 1/19/22 $2 call for $125 like 3 weeks ago. It's worth $650 now ?
LickWx
Member
Dude I want to sell but the allure of more is so nice . Especially if these buy out estimates mean much the potential is greater , also it’s competitors despite being further behind in the process of actually having this tech in the market are valued significantly higher . 50 a share or I won’t sell!
Thor
Member
After playing Penny's so much this year this is a easy hold for me. It will cool off but its building a higher base every run up now. My average is around 1.75 and I dont want to pay more in taxes this year anyways so I'll be holding until 2021 either way.
But its been a sweet December....
But its been a sweet December....
I'm also enjoying the MVIS ride. I bought 120 shares many months ago at less than $2...wish I would of bought 12000 shares. I'm going to stay in as long as possible.
jovialweather
Member
Thanks for the tip on here everybody. New to the game of these smaller stocks and got burned by a reverse split on a different one earlier this fall. MVIS has so far cancelled that out and now it's all gravy from here. Let's go!
snowlover91
Member
Sold out of MVIS this morning. Certainly could go much higher but I’ve found it’s always best to take profits vs being greedy, I’ve lost way too much money being greedy and waiting for higher prices.
LickWx
Member
Perhaps I should do the same , I’m not keeping a penny of what I earned anyways it’s all going to pay off student debt . So it’s kind of sad actually lol. Thinking of the nice things I could use the money for but alas I must use it for the more responsible purpose !
25k? That's rich to me Lol..... you owe me a slight commission my friend
Hold, it might pull back some but it has left penny stock category in the dust and a BO still on the horizon, plus who wants to deal with those taxes this year? She is flying............. what a Christmas miracle!!
20 yrs ago I threw 1500.00 into an oil exploration co thanks to a tip from a co-worker, my first time ever playing any stocks..... lost every dime. Didn't touch stocks again until March this year, dabbled here and there, made a little off of this one lost a little on that one and MVIS was one of them. When I did my own DD, loved what I saw and now it is unbelievable that 9 months later and only 9 months trading, I've bought a penny stock that has now left the penny stock category behind. Feeling mighty blessed this morning, going for a little run while she still runs!
Up $2.28!! Shazbot!
LickWx
Member
You see that hit piece by Hindenburg ? Shorts tried really hard to bring this down and they managed to get it “ down” to 6.20s before it built back up , over 8 again! Yikes for them!
Shorts just got scorched ???
Nah, I missed it. What did it say? Something like, it's just a penny stock that doesn't make any money, etc.?
LickWx
Member
Read this thread , they misquote amount of patents the company has , say its overvalued , will dilute investors shares etc.
Once again monster buys, if some news does not drop soon on this then I just don't know what to think Lol. We're talking about a stock that averages 5-7 million trades a day, was fighting for compliance just 6 months ago and now blew through 100 million trades on the day and rocketing towards $9! Wow just wow
Well done, Met. If only I had followed. I was so close to pulling the trigger on that 1.50 dip after earnings. Shoulda coulda woulda.
Thank you
Let me know the next stock your going to sell so I can jump in right before you do it hahaha.... I'm kidding of course. But man what a run today
So I need you to PM a mailing address for you, I need to add you to my Christmas gift card list..... somewhere way back in March you mentioned MVIS and got me to look at it.
LickWx
Member
I’m so close to making thousand dollars today. I have never made that much on a check let alone a day .
Well, +60% on the day is better than a sharp stick in the eye.
Bojangles gift card Bojangles gift card ??
Chattownsnow
Member
I remember someone honking about MVIS a while back. Who was that? Kudos to you nice job. Wish I jumped on then as well. I put it on my watch list but never bought in.
Prestige Worldwide
Member
Great call on MVIS- enjoy that cash