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Link Posted: 5/7/2020 9:14:52 AM EST
[#1]


Kind of feel like this. Won't say how much I bought, but it was a lot. Might buy more though. Might as well keep fighting the quicksand.
Link Posted: 5/7/2020 9:15:20 AM EST
[#2]
I've got 52 shares at 1.23, so worst case Ontario I loose 64 bucks, I'll ride it out and see what happens. I don't have a big risk tolerance when it comes to stocks like this.
Link Posted: 5/7/2020 9:18:31 AM EST
[#3]
Looks like it's SHIT FOR BREAKFAST!!

Link Posted: 5/7/2020 9:22:42 AM EST
[#4]
Remember what I said about TA being a mix of science, chicken bones and tea leaves? Before anyone starts carving their initials in the ceiling rafters, this little drama has at least two week left to play out...several centuries in day-trader money.

Scootman1212 has almost a religious devotion to TA, and has been posting on Reddit a long time...when he's right he tends to be very right (and the obverse, obviously, but this is meant to be a don't panic post for those sure their kid isn't getting the GI Joe with the Kung Fu Grip for Christmas.)

The bolded portion is gap-filling after a major run-up. It happens, though not always when SuperBowl-style betting is going on like now.

"So, the dastardly darlings of deceit let everybody buy yesterday above a buck and then they drop it overnight. So now, the bigger drop would be more likely. If the drop comes, remember.......I said there is massive C.A.P.E. under-girding this on the long-term models. Because of this, I still expect a handsome buyout. However, the gaps below the market, down to .35 cents could get filled in a rip roaring way. Take caution over that. If that fills in large, quick spiking drop over speculative, negative CC info, that would be sign for new highs, as that low would be the major ABC correction. The more I think about it , the more likely they fill the gap because of the huge volume that has gone off. The MM's books may be well off-kilter and they need it straight before any buyout. That kind of correction means alternative count 2 is in play. That is, 1.82 was the top of wave 5 also known as wave I. This huge correction will be wave 2, wherever it ceases. And wave III will be the final news for MVIS, on the buyout bid. I doubt we see wave IV or V. jmho DDD"
Link Posted: 5/7/2020 9:25:05 AM EST
[#5]
Is that the song Freefalling playing in the back ground
Link Posted: 5/7/2020 9:27:29 AM EST
[#6]
Totally predictable plummet. No tea leaves needed.

I think I might buy at .32 again but otherwise, I am too uncertain on what happens next to jump back in.
Link Posted: 5/7/2020 9:29:52 AM EST
[#7]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Layer60:
Totally predictable plummet. No tea leaves needed.

I think I might buy at .32 again but otherwise, I am too uncertain on what happens next to jump back in.
View Quote


This is me.  I had a .70 target to get back in, but thinking I need to revise that downward.  Too much fuckery with this one, and I don't abide fuckery for long.  Even with fun money
Link Posted: 5/7/2020 9:36:26 AM EST
[#8]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Layer60:
Totally predictable plummet. No tea leaves needed.

I think I might buy at .32 again but otherwise, I am too uncertain on what happens next to jump back in.
View Quote


Wife and I are arguing about how to stack a buy today. Once the jagged bit this morning stabilizes it'll be clearer. Under normal circumstances the SP doesn't dance around a lot the day of the CC, because the bets are placed. This isn't normal, and I don't know if I trust TA enough to sit.

If it does jag down anywhere close to .35 I'm going to load up...that's close enough to the original .22 >>> 1.00 premise that started this whole thing. Still hoping a vote of no-confidence on the R/S forces Sharma to sell.
Link Posted: 5/7/2020 9:38:53 AM EST
[Last Edit: burnka871] [#9]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Osprey61:


Wife and I are arguing about how to stack a buy today. Once the jagged bit this morning stabilizes it'll be clearer. Under normal circumstances the SP doesn't dance around a lot the day of the CC, because the bets are placed. This isn't normal, and I don't know if I trust TA enough to sit.

If it does jag down anywhere close to .35 I'm going to load up...that's close enough to the original .22 >>> 1.00 premise that started this whole thing. Still hoping a vote of no-confidence on the R/S forces Sharma to sell.
View Quote


Dont forget you can stage your buys to insulate yourself. Buy a bit at .50, 40, .35 etc
Link Posted: 5/7/2020 9:39:00 AM EST
[#10]
You cracked me up. "Before anyone starts carving their initials in the ceiling rafters"



I only have 119 shares. It was just some extra money in my account. Yo never know with these crazy ones.

Link Posted: 5/7/2020 9:53:35 AM EST
[#11]
There are some pump and dump characteristics here.

But one thing to keep in mind, is that there's some pretty significant institutional ownership of this stock.

They don't day trade so that supports some long interest.

The recent run up was exaggerated by some pump and dump mentality....people profiteering off of some good rumor mill action.

I'm curious to see what this does today....I'm still holding.
Link Posted: 5/7/2020 10:02:00 AM EST
[Last Edit: Osprey61] [#12]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By prill64:
There are some pump and dump characteristics here.

But one thing to keep in mind, is that there's some pretty significant institutional ownership of this stock.

They don't day trade so that supports some long interest.

The recent run up was exaggerated by some pump and dump mentality....people profiteering off of some good rumor mill action.

I'm curious to see what this does today....I'm still holding.
View Quote


It is interesting, the State of Michigan is a major holder - though God knows I don't think that's an endorsement of any kind of sanity.

Vanguard, on the other hand holds several million shares IIRC, and has done for quite a while. The starched-collar crowd don't think much of pump-n-dump shenanigans, so there is that.

ETA: Vanguard has 3,996,000 shares per what Mrs Osprey is reading. P'n'Ds are usually run on vaporware companies...if you've done enough DD you know there are real, and substantial, underpinnings for Microvision. The hard part is making them pay, which they absolutely suck at.
Link Posted: 5/7/2020 10:02:15 AM EST
[#13]
Does not look like its moving enough to be pump and dump
Link Posted: 5/7/2020 10:04:01 AM EST
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By shadycoh:
Does not look like its moving enough to be pump and dump
View Quote




Down 20%  in a day and it’s not moving enough?

Link Posted: 5/7/2020 10:05:10 AM EST
[#15]
The pump and dump I know is not a drop and a rise.

Its a large rise a large fall a large rise a large fall

but what do I know.
Link Posted: 5/7/2020 10:05:16 AM EST
[#16]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By burnka871:


Dont forget you can stage your buys to insulate yourself. Buy a bit at .50, 40, .35 etc
View Quote


Yep, that's what I meant by "stack a buy". 'Course, the minute I pulled my 5K at .75 bid when it was down close to .80 it started climbing away from me.
Link Posted: 5/7/2020 10:15:28 AM EST
[Last Edit: Taxmantoo] [#17]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By shadycoh:
Does not look like its moving enough to be pump and dump
View Quote


0.20->1.80->0.80 is enough movement for me. Especially when 1.80 to 0.80 happens from Tue AM to Thu AM.
The question is, where does it belong, $0.20, 0.40, 0.80?

Anyway, if you want movement, wait until after trading resumes this afternoon.
$0.15 and $1.50 are both in play.

I'll even stick my neck out and say you'll either have the opportunity to sell at 1.50 or buy at 0.30 today. If you think I'm wrong in that, sell a bunch of $1.00 straddles and get rich when it goes nowhere.
Link Posted: 5/7/2020 10:53:21 AM EST
[#18]
First time every buying in the stock market.  I just signed up with Robinhood and put in a buy order for MVIS at $0.30

Let the big dog eat!
Link Posted: 5/7/2020 11:19:54 AM EST
[#19]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rollin-tumblin:


This is me.  I had a .70 target to get back in, but thinking I need to revise that downward.  Too much fuckery with this one, and I don't abide fuckery for long.  Even with fun money
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rollin-tumblin:
Originally Posted By Layer60:
Totally predictable plummet. No tea leaves needed.

I think I might buy at .32 again but otherwise, I am too uncertain on what happens next to jump back in.


This is me.  I had a .70 target to get back in, but thinking I need to revise that downward.  Too much fuckery with this one, and I don't abide fuckery for long.  Even with fun money
I'm watching for .2 to .3 for an entry.
Link Posted: 5/7/2020 11:34:06 AM EST
[#20]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By shadycoh:
The pump and dump I know is not a drop and a rise. 

Its a large rise a large fall a large rise a large fall 

but what do I know.
View Quote


From Wiki:
"Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small cap cryptocurrencies[1] and very small corporations, i.e. "microcaps".[2]

A more detailed, internet relevant definition is here:
https://www.investopedia.com/terms/p/pumpanddump.asp
Link Posted: 5/7/2020 11:37:05 AM EST
[Last Edit: JohnConnor] [#21]
Fuck it, up to 500+ shares now. This should be fun.

This market is so clownshoes right now, I’ll probably be a millionaire by morning
Link Posted: 5/7/2020 12:02:39 PM EST
[#22]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By MaxC1776:
First time every buying in the stock market.  I just signed up with Robinhood and put in a buy order for MVIS at $0.30

Let the big dog eat!
View Quote



If MVIS makes it back down to $0.30, it isn't worth buying anymore. It would mean the Microsoft link was grossly overstated, Sharma is out to screw everyone, it's been reverse split, and it'll end up on the OTC Pink side in a couple of days.

You're either in at the ~$0.80 range nowish and willing to ride this through or you aren't.
Link Posted: 5/7/2020 12:08:36 PM EST
[#23]
im wondering if now might not be a bad time to get into oil.......stocks all crashed because no one was driving......now that places are starting to open, well start to see more demand for oil.
Link Posted: 5/7/2020 12:15:36 PM EST
[#24]
This is probably where it will sit for days now. Not enough for my shares to make money and not enough for my puts
Link Posted: 5/7/2020 12:44:00 PM EST
[#25]
What is a put? I see a lot of references to that.

I'd give a handy if someone could get this back over $1.16

Link Posted: 5/7/2020 12:48:36 PM EST
[#26]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FDrifting:
What is a put? I see a lot of references to that. 

I'd give a handy if someone could get this back over $1.16 

View Quote


A put is an option to sell, or short a stock.  You buy the option relatively cheaply(if you do it right), then decide if you want to short it (or sell the option when it appreciates)

It's a great opportunity to waste money  :)

Link Posted: 5/7/2020 12:53:38 PM EST
[#27]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By shblackdragon:


A put is an option to sell, or short a stock.  You buy the option relatively cheaply(if you do it right), then decide if you want to short it (or sell the option when it appreciates)

It's a great opportunity to waste money  :)

View Quote
What I've learned in the past few months doing this is stocks are way more involved and complicated than I originally anticipated
Link Posted: 5/7/2020 12:56:18 PM EST
[#28]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By shblackdragon:


A put is an option to sell, or short a stock.  You buy the option relatively cheaply(if you do it right), then decide if you want to short it (or sell the option when it appreciates)

It's a great opportunity to waste money  :)

View Quote
I don't know, I sold this MVIS pig when it hit $1.50 (in for 477 shares at .22) and then turned around and bought May 15th puts for .89 and they are sitting at $1.18 now. OP helped me turn $100 into a new rifle of some sort.
Link Posted: 5/7/2020 1:25:46 PM EST
[#29]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By NunyaBidness:
I don't know, I sold this MVIS pig when it hit $1.50 (in for 477 shares at .22) and then turned around and bought May 15th puts for .89 and they are sitting at $1.18 now. OP helped me turn $100 into a new rifle of some sort.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By NunyaBidness:
Originally Posted By shblackdragon:


A put is an option to sell, or short a stock.  You buy the option relatively cheaply(if you do it right), then decide if you want to short it (or sell the option when it appreciates)

It's a great opportunity to waste money  :)

I don't know, I sold this MVIS pig when it hit $1.50 (in for 477 shares at .22) and then turned around and bought May 15th puts for .89 and they are sitting at $1.18 now. OP helped me turn $100 into a new rifle of some sort.


If a stock doesn't go as you expect, you have some residual value (usually) and can recover something.  When an option goes out of the money, value is zero.

You can make good returns very quickly, or lose your investment really quickly.  Just something to be more careful with, Lord knows my track record is not great (but working on it)
Link Posted: 5/7/2020 1:29:23 PM EST
[#30]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By M-cameron:
im wondering if now might not be a bad time to get into oil.......stocks all crashed because no one was driving......now that places are starting to open, well start to see more demand for oil.
View Quote



Thats why I got back into the market. Oil is slowly climbing and Im making some money. Gas prices in Ohio are climbing. Were partially open and more coming.
Link Posted: 5/7/2020 1:44:01 PM EST
[#31]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By shblackdragon:


If a stock doesn't go as you expect, you have some residual value (usually) and can recover something.  When an option goes out of the money, value is zero.

You can make good returns very quickly, or lose your investment really quickly.  Just something to be more careful with, Lord knows my track record is not great (but working on it)
View Quote


I worked for a commander in NATO who literally sat at his desk and traded options on a .gov computer. He taught me, I learned. Wife staked me $5K, which I burned through...quickly. On the upside, it lasted a lot longer than the $500 she staked me to learn blackjack in Vegas.

To be fair, Col made steady money. Good math head seems to be important...
Link Posted: 5/7/2020 1:46:52 PM EST
[#32]
Damn, just hit .93 and still very slowly climbing.

Where's the pre-release of earnings they always do? This is WORSE than waiting on that freaking crop report.
Link Posted: 5/7/2020 1:54:40 PM EST
[#33]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Osprey61:
Damn, just hit .93 and still very slowly climbing.

Where's the pre-release of earnings they always do? This is WORSE than waiting on that freaking crop report.
View Quote
Are you still expecting a significant drop this afternoon?
Link Posted: 5/7/2020 1:56:43 PM EST
[#34]
Damn...I thought buying back in at the 80 cents area....then dumping around 90ish...missed out on some quick cash..
Link Posted: 5/7/2020 1:58:41 PM EST
[#35]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By MugLove:
Are you still expecting a significant drop this afternoon?
View Quote


Conference call is an hour after the market closes. After market trading is an erratic indicator, but if the call is vague or disappointing you'll get a good idea where the larger market will head in the morning. Major announcement would send it spinning back up.

Think "blood bath" or "boom", there won't be much middle ground like today.
Link Posted: 5/7/2020 2:07:23 PM EST
[#36]
I was hoping there would be a bigger dip today based on some of the previous comments. Either way I hope it goes back up as I am in for 888 right now.
Link Posted: 5/7/2020 2:10:18 PM EST
[#37]
looks like the market doesn't want it to close under a buck....running up slowly but surely.....after hours and the earnings call should be interesting.
Link Posted: 5/7/2020 2:10:45 PM EST
[#38]
I was hoping for it to push up to 1.15 with all the speculation and newbies jumping in.
Link Posted: 5/7/2020 2:12:33 PM EST
[#39]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By prill64:
looks like the market doesn't want it to close under a buck....running up slowly but surely.....after hours and the earnings call should be interesting.
View Quote



No, someone seems to be making sure it closed over $1 to avoid delisting and a need for a reverse split.  Almost suggests buying every day it drops below $1, and selling at close -- at least til it hits the 10 day mark
Link Posted: 5/7/2020 2:13:43 PM EST
[#40]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By prill64:
looks like the market doesn't want it to close under a buck....running up slowly but surely.....after hours and the earnings call should be interesting.
View Quote

If it goes over a buck....I think I’m going to take some small profits again..
Link Posted: 5/7/2020 2:15:43 PM EST
[#41]
Some one unloaded......big drop
Link Posted: 5/7/2020 2:15:49 PM EST
[#42]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By dcs12345:

If it goes over a buck....I think I’m going to take some small profits again..
View Quote



I think a lot just did that and its dropping.
Link Posted: 5/7/2020 2:18:24 PM EST
[#43]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:



I think a lot just did that and its dropping.
View Quote



lol yep, it's getting squirrely....gonna be a wile ride to the close
Link Posted: 5/7/2020 2:19:11 PM EST
[#44]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Tango:



I think a lot just did that and its dropping.
View Quote

Yep....they beat me to it....fuckers
Link Posted: 5/7/2020 2:19:41 PM EST
[#45]
So it has quadrupled over the past month and some of you guys are still holding it?
Link Posted: 5/7/2020 2:22:54 PM EST
[#46]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By jestice75:
So it has quadrupled over the past month and some of you guys are still holding it?
View Quote


Some of us bought in later. Some have been buying and selling the whole time.
Link Posted: 5/7/2020 2:23:41 PM EST
[#47]
This is far from ironclad, but encouraging. Stolen from Reddit:

"Pre-earnings options volume in Microvision is 3.3x normal with calls leading puts 19:4. Implied volatility suggests the market is anticipating a move near 60.8%, or 58cents, after results are released. Median move over the past eight quarters is 11.7%"

Options opinion
Link Posted: 5/7/2020 2:26:12 PM EST
[#48]
wonder if they are going to make the push back up to 1
Link Posted: 5/7/2020 2:27:29 PM EST
[#49]
Is it too late to buy into this dumpster fire at $1?
Link Posted: 5/7/2020 2:28:33 PM EST
[#50]
Holy shit, someone dumped a million share block to take it back under a dollar.

That wasn't "trading", that was manipulation. Told you these people fight dirty. Last half hour is going to get intense.

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