User Panel
User Panel
User Panel
|
Posted: 4/6/2020 1:38:26 PM EDT
[Last Edit: Osprey61]
Bored, and want to live dangerously?
Company I've been in for 14 years is in it's death throes...got pounded by the 'Rona. They own a wall of patents on MEMS laser projection and LIDAR, and just signed an agreement with MSFT last week to transfer manufacture of the light engine in Hololens II to a royalty agreement. The next day 50M shares traded...and there are only 150M shares total for the company. Looks now like they were cleaning up for a sale/merger because... ..."MVIS-Today announced it has retained investment banking firm Craig-Hallum Capital Group LLC to serve as its financial advisor as it explores various licensing and other strategic alternatives, including a potential sale or merger of the company." Selling this morning at .22 to .23 a share. Speculation is rampant about what a sale would bring, because potential suitors include MSFT, Apple, STM, Sony and others. Read this thread carefully to see what's going on!...and don't gamble money you can't afford to lose. A reverse-split is also still on the table, and those almost always destroy shareholder value*. ETA: *"destroy shareholder value" is a euphemism for "individual investor loses his shirt". MVIS retains Craig Hallum Full disclosure: I hold 30K shares at an .84 ASP. If they sell for a buck a share I make beer money. If it goes for $5 I make Porsche money. Point is, at .23 right now a buck sale will be a three bagger... UPDATE: CEO just sent out a memo begging shareholders to vote "yes" on the reverse split...heavy implication is they're getting hammered by "no" votes, and the motion won't pass, or is in serious danger. MVIS Reddit is lighting up. I won't pretend to fully understand the repercussions, but it sure is entertaining. If you have proxy voting rights, please use them and support the vote of no confidence on item 3! Go here and do some (non-technical) Reddit reading. Emotions running high. Share is up 28% as I type. Form_defa14a |
|
|
|
UT, USA
|
Posted: 3/18/2024 1:32:15 PM EDT
[#1]
Quote HistoryOriginally Posted By Leisure_Shoot: In-fucking-deed! got my finger on the button to Buy new lows. |
|
|
|
Posted: 3/18/2024 1:40:19 PM EDT
[#2]
Quote HistoryOriginally Posted By jacobsk: Today’s the day, I can feel it  We don't need any more like that. Please stop. Seek help. 
|
|
|
|
|
Posted: 3/18/2024 1:47:36 PM EDT
[#3]
Quote HistoryOriginally Posted By EagleArmsHBAR: Worst case scenario is a 3% return in a week, unless it tanks I suppose.  |
|
|
|
UT, USA
|
Posted: 3/18/2024 2:12:19 PM EDT
[Last Edit: oldno7]
[#4]
Quote HistoryOriginally Posted By oldno7: got my finger on the button to Buy new lows. I think we will need 1m+ shares in 1-5min. bar to hit bottom.(MVIS) When everyone gasps and screams, o-f---, thats the Buy signal. LAZR is holding it's positive momentum. THX, Osprey for pointing that out, I might have missed it. |
|
|
NY, USA
|
Posted: 3/18/2024 2:14:25 PM EDT
[#5]
Quote HistoryOriginally Posted By oldno7: I think we will need 1m+ shares in 1-5min. bar to hit bottom. Quote HistoryOriginally Posted By oldno7: Originally Posted By oldno7: got my finger on the button to Buy new lows. I think we will need 1m+ shares in 1-5min. bar to hit bottom. if they are taping the ATM which with the volume over the last few days it seems possible or even likely they are, we are no where near the bottom |
|
|
LA, USA
|
Posted: 3/18/2024 2:21:37 PM EDT
[Last Edit: Eitek1]
[#6]
I've got some money to play with (2k) and I'd like to buy something to take a long position on. What's the best things to look at? Is MVIS still a viable play?
|
|
|
IN, USA
|
Posted: 3/18/2024 2:31:19 PM EDT
[#7]
 MOVIA™ S for Urban Driving Have one for parking too.... their production value on their vids is going up |
|
|
|
Posted: 3/18/2024 2:42:18 PM EDT
[Last Edit: CajunMojo]
[#8]
Man, that really inspires confidence... it can park itself.
 Attached File I really feel stupid for buying more today. 
|
|
|
|
IN, USA
|
Posted: 3/18/2024 2:50:01 PM EDT
[#9]
The video claims level 3 urban driving whatever that means and the other video states level 4 parking
|
|
|
UT, USA
|
Posted: 3/18/2024 3:00:43 PM EDT
[#10]
Quote HistoryOriginally Posted By oldno7: I think we will need 1m+ shares in 1-5min. bar to hit bottom.(MVIS) When everyone gasps and screams, o-f---, thats the Buy signal. LAZR is holding it's positive momentum. THX, Osprey for pointing that out, I might have missed it. My next MAJOR support level is $1.64. Whether we get there or not, who knows But I'm looking for a point to get in with a yugely amount of shares and not look to counter trend trade.(MVIS) |
|
|
|
Posted: 3/18/2024 3:16:23 PM EDT
[#11]
|
|
|
|
IN, USA
|
Posted: 3/18/2024 4:00:40 PM EDT
[Last Edit: goodasgone81]
[#12]
DateClose/LastVolumeOpenHighLow
03/15/2024$1.9156,370,969$2.09$2.15$1.91 03/14/2024$2.0756,932,466$2.30$2.31$2.03 03/13/2024$2.312,501,291$2.30$2.34$2.24 03/12/2024$2.331,949,645$2.40$2.40$2.28 03/11/2024$2.392,536,672$2.50$2.53$2.36 03/08/2024$2.476,811,133$2.41$2.70$2.41 03/07/2024$2.382,525,727 The 8th market's were actually responding well to the ATM announcement and it was an upward trend 14th and 15th market's reacting to inflation data but I'm not sure that justifies the high volume. Today we'll end well into 5.5 million territory. This is really starting to look like the ATM to me, let's hope they're only needing to secure like $25 million or we're in for a lot of pain. Then again my predictions have been wrong 87% of the time Well fuck.... the formatting looked good enough while making the post.... pretty much 8th was a 6 mil day but positive price action 14th 15th and Today around 6 mil each day and getting the shit beat out of us |
|
|
|
Posted: 3/18/2024 4:00:54 PM EDT
[Last Edit: Leisure_Shoot]
[#13]
Quote HistoryOriginally Posted By snakes19: if they are taping the ATM which with the volume over the last few days it seems possible or even likely they are, we are no where near the bottom  One could just as correcly predict the opposite happening; that a bunch of shares get dumped in the market and that would be the trigger causing insane buying volume and the corresponding price jump.
|
|
|
|
UT, USA
|
Posted: 3/18/2024 4:05:28 PM EDT
[Last Edit: oldno7]
[#14]
Quote HistoryOriginally Posted By Leisure_Shoot: since when has MVIS ever "played by the common sense rules" of stock prices? You could predict the opposite happening; that a bunch of shares get dumped in the market and that would be the trigger causing insane buying. About 90%+ of the time. Certainly follows common sense/logic! Now if you change common sense to emotion/hopium, yea, I'd agree, it fails to follow those. I had 2 very good Buy signals last week between $2.10-2.20, Both of those failed and I lost a couple grand. I knew then MVIS was in serious trouble. |
|
|
IN, USA
|
Posted: 3/18/2024 4:33:33 PM EDT
[#15]
Going on the ATM theory..... if the 8th was also ATM activity then that would be 4 day with averages of close to 5.5 mil volume ..... subtract 2 mil for normal trading each day would leave around 14 million shares put into the wild by mvis. That would be around $30 million at market prices
There's no way they'd be tapping the entire 150.... maybe an OEM wants 50 mil on hand in which case this trend will continue for 2 or 3 days |
|
|
IN, USA
|
Posted: 3/18/2024 5:02:53 PM EDT
[Last Edit: goodasgone81]
[#16]
Please note all my ramblings are just that, last few posts has just been shit I've been thinking about but have little faith it's accurate.... that said I came across this information in yahoo finance app
Shares Outstanding 195.27M Implied Shares Outstanding 211.07M I highly doubt yahoo has up to the minute information but it's amusing that I estimated possibly 14 mil new shares going out into the wild and the difference between outstanding and implied outstanding is like 16 mil My quick crash course is implied is all shares class A, class B,.etc. I wish I'd been checking that number in the past to see if it's a recent change |
|
|
AL, USA
|
Posted: 3/18/2024 5:39:51 PM EDT
[Last Edit: StockDog]
[#17]
Quote HistoryOriginally Posted By oldno7: My next MAJOR support level is $1.64. Whether we get there or not, who knows But I'm looking for a point to get in with a yugely amount of shares and not look to counter trend trade.(MVIS) Quote HistoryOriginally Posted By oldno7: Originally Posted By oldno7: I think we will need 1m+ shares in 1-5min. bar to hit bottom.(MVIS) When everyone gasps and screams, o-f---, thats the Buy signal. LAZR is holding it's positive momentum. THX, Osprey for pointing that out, I might have missed it. My next MAJOR support level is $1.64. Whether we get there or not, who knows But I'm looking for a point to get in with a yugely amount of shares and not look to counter trend trade.(MVIS) Are you saying that you will hold for longer? |
|
|
UT, USA
|
Posted: 3/18/2024 5:58:14 PM EDT
[Last Edit: oldno7]
[#18]
Quote HistoryOriginally Posted By StockDog: Are you saying that you will hold fur longer? I will not make a BIG trade until the proper time. For now, any Buys are Counter Trend trades.(still) RSI has crossed below the default of 30 But not the 25 I use.(Daily) Like I said, I think the final push down will be much higher volume than previous 3 Days. I've mentioned it several times But I'm looking for a Capitulation. MVIS is against the ropes and getting pummeled, can they be saved by the bell or driven down hard? I don't know.(But theres blood in the water and the sharks have noticed) Hard to find buyers for a company with no earnings, bleeding cash and now looking for money. I had 3 Buys today and passed on them all. I'll be watching the overnight sessions, a big drop could happen outside of daily trading hours. Might be a good time to have some GTC-EXT orders in.  |
|
|
|
Posted: 3/18/2024 6:21:58 PM EDT
[#19]
Well my $1.80 buy hit. Was not expecting that.
Maybe need to set another buy at $1.60? |
|
|
|
|
Posted: 3/18/2024 6:45:15 PM EDT
[#20]
Quote HistoryOriginally Posted By blupupher: Well my $1.80 buy hit. Was not expecting that. Maybe need to set another buy at $1.60? Yes. |
|
|
|
|
Posted: 3/18/2024 7:12:25 PM EDT
[#21]
Quote HistoryOriginally Posted By ChicagoFoodie: Yes. Fine. If it hits, I will be up to 4,000 shares total. |
|
|
|
FL, USA
|
Posted: 3/18/2024 7:36:20 PM EDT
[Last Edit: FMJshooter]
[#22]
I know this is nothing new for the MVIS longs but If they're raising capital at a 52 week low they either have a deal and need capital to invest like right now or they have bupkis and they're milking the share price before it goes in the toilet. Latter makes way more sense than the former.
 I hope I'm wrong. |
|
|
|
Posted: 3/18/2024 8:27:55 PM EDT
[#23]
Quote HistoryOriginally Posted By FMJshooter: I know this is nothing new for the MVIS longs but If they're raising capital at a 52 week low they either have a deal and need capital to invest like right now or they have bupkis and they're milking the share price before it goes in the toilet. Latter makes way more sense than the former. I hope I'm wrong. OR.. they like many other companies and people in general see the direction the economy is going and are trying to build a safety net for when it all comes crashing down. (DOOM OFF) |
|
|
|
FL, USA
|
Posted: 3/18/2024 10:06:10 PM EDT
[Last Edit: FMJshooter]
[#24]
Either way I'm still getting a Lambo.
|
|
|
USA
|
Posted: 3/18/2024 10:34:20 PM EDT
[#25]
Quote HistoryOriginally Posted By FMJshooter: Either way I'm still getting a Lambo. https://barnfinds.com/wp-content/uploads/2017/08/081517-1995-Replica-1.jpg |
|
|
|
Posted: 3/19/2024 9:41:30 AM EDT
[Last Edit: bradpierson26]
[#26]
Another 150 at $1.73 in the 401k
|
|
|
|
FL, USA
|
Posted: 3/19/2024 9:46:33 AM EDT
[Last Edit: Jon_C_]
[#27]
Is this a bloodbath?
 ...and my average is finally under $3.
|
|
|
|
Posted: 3/19/2024 9:57:43 AM EDT
[#28]
|
|
|
|
IN, USA
|
Posted: 3/19/2024 10:16:16 AM EDT
[#29]
Seems like all but confirmed they're tapping into the ATM and at an aggressive rate.... question is why so aggressive
|
|
|
|
Posted: 3/19/2024 10:27:35 AM EDT
[#30]
Quote HistoryOriginally Posted By goodasgone81: Seems like all but confirmed they're tapping into the ATM and at an aggressive rate.... question is why so aggressive Confirmed by whom? Reddit?  I wouldn't be surprised if they are, but where are you seeing "confirmation"? |
|
|
|
|
Posted: 3/19/2024 10:30:47 AM EDT
[Last Edit: bradpierson26]
[#31]
1.1mm shares in an hour
|
|
|
|
NY, USA
|
Posted: 3/19/2024 10:33:04 AM EDT
[#32]
Quote HistoryOriginally Posted By CajunMojo: Confirmed by whom? Reddit? I wouldn't be surprised if they are, but where are you seeing "confirmation"? Quote HistoryOriginally Posted By CajunMojo: Originally Posted By goodasgone81: Seems like all but confirmed they're tapping into the ATM and at an aggressive rate.... question is why so aggressive Confirmed by whom? Reddit? I wouldn't be surprised if they are, but where are you seeing "confirmation"? this is the 4th day of unusually high volume, last 3 days were almost 3x normal volume. Usually with high volume you see a price increase, it seems likely that shares are being sold into market. |
|
|
IN, USA
|
Posted: 3/19/2024 10:36:49 AM EDT
[#33]
Hence "seems like all but" meaning not confirmed directly but personally the only thing making sense...... post earnings and even ATM announcement things were stable/slightly positive even.
Take away the consistent 3x volume and I could possibly believe just inflation data has caused the massive drops, but factoring in the daily 3x spike that's been going on and I'm not buying this is just markets doing what markets do. |
|
|
|
Posted: 3/19/2024 10:43:13 AM EDT
[#34]
Almost 25% of the outstanding shorted. Could it be a short maneuver, preliminary to release of news?
|
|
|
|
UT, USA
|
Posted: 3/19/2024 10:44:33 AM EDT
[#35]
Quote HistoryOriginally Posted By snakes19: this is the 4th day of unusually high volume, last 3 days were almost 3x normal volume. Usually with high volume you see a price increase, it seems likely that shares are being sold into market. I never knew that. |
|
|
NY, USA
|
Posted: 3/19/2024 10:48:56 AM EDT
[#36]
Quote HistoryOriginally Posted By oldno7: I never knew that. Quote HistoryOriginally Posted By oldno7: Originally Posted By snakes19: this is the 4th day of unusually high volume, last 3 days were almost 3x normal volume. Usually with high volume you see a price increase, it seems likely that shares are being sold into market. I never knew that. its not a guarantee by any stretch but if there is no bad news and institutions are sitting on a large piles of shares which they are with MVIS then a large volume usually means people are trying to buy, when there is a fixed number of shares that means the price would go up. If the company however is selling shares into the market obviously the number of shares is not fixed in that case. |
|
|
|
Posted: 3/19/2024 10:49:11 AM EDT
[#37]
Could be they're just going in the shitter. On that note, I have a couple bucks left to gamble and put in another order for 500 @ 1.71.
|
|
|
|
|
Posted: 3/19/2024 10:52:56 AM EDT
[Last Edit: apexcrusade]
[#38]
Apply some logic;
If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? |
|
|
|
UT, USA
|
Posted: 3/19/2024 10:54:24 AM EDT
[Last Edit: oldno7]
[#39]
Quote HistoryOriginally Posted By snakes19: its not a guarantee by any stretch but if there is no bad news and institutions are sitting on a large piles of shares which they are with MVIS then a large volume usually means people are trying to buy, when there is a fixed number of shares that means the price would go up. If the company however is selling shares into the market obviously the number of shares is not fixed in that case. So, heres a Daily MVIS chart, by your conclusion, price should rise on these high volume days?(the ones in RED) That last high volume day on the right of the chart was 6.8m.  Heres another stock with very high volume on a Daily chart. 
|
|
|
|
Posted: 3/19/2024 10:55:57 AM EDT
[Last Edit: CajunMojo]
[#40]
I agree it seems that way, but who knows.
If it is them selling the ATM into the market, it's surprising that shorts haven't piled in to further drive it down. I find it interesting that we haven't dropped enough to trigger SSR with the high volume of selling. Are MMs working to limit lending of shares while filling ATM? (shows limited availability of shares, but BM-ARM-DPMS-guns has 200k available to lend and they aren't being lent). @BM-ARM-DPMS-guns Are they still not being lent? Originally Posted By snakes19: Usually with high volume you see a price increase thatsnothowthatworks.gif |
|
|
|
|
Posted: 3/19/2024 11:05:23 AM EDT
[#41]
Originally Posted By CajunMojo: I agree it seems that way, but who knows. If it is them selling the ATM into the market, it's surprising that shorts haven't piled in to further drive it down. I find it interesting that we haven't dropped enough to trigger SSR with the high volume of selling. Are MMs working to limit lending of shares while filling ATM? (shows limited availability of shares, but BM-ARM-DPMS-guns has 200k available to lend and they aren't being lent). @BM-ARM-DPMS-guns Are they still not being lent? thatsnothowthatworks.gif None of my shares are lent out and the 500 @ 1.71 hit. |
|
|
|
|
Posted: 3/19/2024 11:29:43 AM EDT
[#42]
Quote HistoryOriginally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? |
|
|
|
UT, USA
|
Posted: 3/19/2024 11:32:09 AM EDT
[Last Edit: oldno7]
[#43]
Interesting.
Battle of the $1.72's 
|
|
|
|
Posted: 3/19/2024 11:33:54 AM EDT
[#44]
|
|
|
|
|
Posted: 3/19/2024 12:12:53 PM EDT
[#45]
UAN news:
CVR Energy (NYSE:CVI) disclosed Monday it is considering potential strategic transactions with Icahn Enterprises (IEP) involving CVR Partners (NYSE:UAN), which may include the acquisition of additional assets or businesses, including material amounts of refining assets through negotiated mergers and/or stock or asset purchase agreements. CVR (CVI) said strategic options involving CVR Partners (UAN) may include the acquisition of some or all outstanding publicly held common units of CVR Partners by entities affiliated with IEP (IEP), the company or some combination. |
|
|
|
|
Posted: 3/19/2024 12:13:40 PM EDT
[#46]
Quote HistoryOriginally Posted By bradpierson26: Counter point - have we seen them be smart stewards of the share price in the last 24m? Quote HistoryOriginally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? |
|
|
|
|
Posted: 3/19/2024 12:24:05 PM EDT
[Last Edit: bradpierson26]
[#47]
Quote HistoryOriginally Posted By apexcrusade: On balance I would say yes. Your thought? Quote HistoryOriginally Posted By apexcrusade: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? The silence may be strategic but definitely doesn’t help the share price, even artificially, propping up the share price. Not saying we lie or aggressively hint at untrue orders/contracts but corporate communications seems nonexistent Isn’t the consensus around here that we blame management for killing the run-up last Fall(?) Etc |
|
|
|
|
Posted: 3/19/2024 12:34:33 PM EDT
[#48]
Quote HistoryOriginally Posted By bradpierson26: The silence may be strategic but definitely doesn’t help the share price, even artificially, propping up the share price. Not saying we lie or aggressively hint at untrue orders/contracts but corporate communications seems nonexistent Isn’t the consensus around here that we blame management for killing the run-up last Fall(?) Etc Quote HistoryOriginally Posted By bradpierson26: Originally Posted By apexcrusade: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? The silence may be strategic but definitely doesn’t help the share price, even artificially, propping up the share price. Not saying we lie or aggressively hint at untrue orders/contracts but corporate communications seems nonexistent Isn’t the consensus around here that we blame management for killing the run-up last Fall(?) Etc There are companies out there whose boards of directors are almost openly hostile to retail investors. I wouldn't put MVIS in that category - as you referenced they have made mistakes though. I believe at least to date they've engendered quite a bit of trust from the retail crowd and that goes a long way. I'm sort of in the middle then I guess as far as answering your question. |
|
|
|
|
Posted: 3/19/2024 12:55:55 PM EDT
[#49]
Quote HistoryOriginally Posted By apexcrusade: On balance I would say yes. Your thought? Quote HistoryOriginally Posted By apexcrusade: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? Not using available ATM on the run to the 8's and instead announcing another ATM killed the momentum... change my mind. |
|
|
|
TX, USA
|
Posted: 3/19/2024 1:12:53 PM EDT
[Last Edit: SuperHeavy]
[#50]
This past week MVIS has made me want to light my phone on fire.
Every day I go through the motion of should I uninstall the market apps or should I open my account. I could have bought some shitcoin and been up 10,000% Please atleast stay above $2 It seems like every promo video MVIS puts out causes a death spiral
|
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
Attached File
