That was me with mvis......all....day......long

well i got back in MVIS after hours.  didnt really have any dips all day.

i'm long 2k with the rest of you.  may add a few more if there are any dips.

not sure if it is SOP - but i think if they make any big announcements, it will be prior/after market hours.  i've seen stocks after cash buyout announcements, go right up to the buyout price and stay within a few pennies of that price.   not sure if there is a regulatory time for the stock to stay listed after a buyout is announced.

ERX has been a slow steady increase today

True that.  If it really went crazy and was all cash, I would hit the alternative minimum tax this year.  Nothing like scoring the touchdown and being flagged for excessive celebration.  

It has been a couple of really, really bad years with some real, major life problems, I need this TD and the extra point.  Not for the finance side, just for the win and momentum change.

@osprey61

Fyi please note that I changed the paragraph regarding the stock plus cash.  You're taxed on the LESSER of the realized gain or the cash.  You shouldn't text and drive nor should you text and zoom meet.  I was trying to talk, listen and type at the same time.  It didn't work.

The rules get kind of crazy for spin offs and other special circumstances.

You can google "taxation of m&a stock for stock transactions' and find all kinds of articles to back up what I said.  But the rules above are a guide for most transactions.

Funny about you and the wife.  I have two tax clients where the husbands are musicians.  Since the very first client meeting I haven't seen them or talked with them.  I deal with the wives who are detailed, organized and actually plan.  One of the guys changed a tax situation and cost them some money so we jokingly told him he can no longer make decisions.  Opposites attract in life.

Holy shite, this is just my luck. USAA is dumping their brokerage (my brokerage, and yes, don't start on the fees) on Schwab, so I can't trade until next TUESDAY.

I figure, what the hell, it's two days...what could possibly happen.

Well, Kipman could happen. He's the Grand Poo-bah for Hololens II at Microsoft, and he's doing a Hololens Keynote presentation live on YouTube tomorrow. I had no idea. He's under a lot of pressure to make amends for his "Microsoft invented all tech in Hololens" and "Microsoft owns all the IP in Hololens" claims. He's on camera making those claims, so it's not like he can just deny it.

No big deal, right? Well...right up until you start talking material damage done to Microvision and their shareholders. Then the flesh-eating lawyers start getting involved. My guess is he'll make an "off the cuff" small apology and statement of Microvision's contribution. That could be good for a minor pop, and I'm locked out...

Just a heads-up for those that need to get right side up on small positions.

BTW, watch tight trailing stops below a dollar! If none of this happens tomorrow, but someone does drop a brick to kill the compliance they'll shake you out of your shares...cheap.

Never filled my .99 order. Maybe tomorrow

I've been warning a lot of people on stocktwits about trailing stop losses for those dumb enough to set them at $1 or .95.  Man, it really peeves people off when I do it--probably someone getting ready to do it .    I'm waiting for someone to brick it and steal some shares.  Hopefully, they do it with enough time to recover and not at close to kill compliance.

I would imagine that someone would like to be the guy that kills the 9th or 10th day of $1 compliance.

Man that sucks about your brokerage account.  But who knows maybe a deal will be announced before then and the stock will be frozen anyway.  Knowing my luck, if I traded to take some profits with the intent of getting back in, it would gap and while I was chasing it a sale would announce.

I don't know how you guys did this for years.  I've had a ball and so far been pretty successful in MVIß.  But I'm tired of waiting and worrying, I don't see a lot of ways to have this go sideways.  

Good luck.  Friday will probably be a big nothing burger.  You would think msft would correct it but those smug turds are pretty arrogant.

I sit here pondering all the what it's and day dreaming how this MVIS would/could change my life and all I freaking need is a sale with a relatively low number to make a lot of things right.

I alternate between "no way could an arbitrary stock called MVIS be my big break" and getting up opening the phone each am hoping for news of a $7.5 or more pps sale.

I'm definitely in it to win it, I'm not selling.  With 130k shares again, I collect these like some guys collect ammo.....I'm not buying any more either.  I'm going to be a legend one way or another.

So here is to some great trading days ahead.  I will admit to really getting addicted to that adrenaline rush.  This sideways trading is just boring.  

Wouldn't it be bad for the stock if you did and likely dip lower?

Monday's a holiday so it's only two trading days

I’m there with you albeit lower qty, 45k, but much higher cps.  Go for it!

holy shit batman!  130k shares.  

i was just looking for some extra spend cash.  you are looking to crank one into the cheap seats.  good luck to us all.

at 7.5, you would be a legend for sure.

Good luck bro.

I fired Fisher as my money manager after they managed to net me a whopping 4-5% returns during 2018 through early 2020.  Heck a S&P 500 fund would have out performed Fisher by 20-30% or more over the same period. I kept getting excuses and double talk.  So I fired them and took control in Q1 2020 just before Osprey61's thread.  They touted how their system was built on science and next level trading analysis and no one else could do what they do and how well they do it.

I sold the european stocks they had me in that lost big, and reorganized my portfolio.  Now I am up 70% overall despite covid while using some simple logic.  

I think when MVIS really lands i will send them a screen grab of my overall portfolio total gain % just for spite.  

I had a 150k but sold half.  I bought in another $10k at .90 last week.  So at this point the max I can lose is $10k and my upside is 130k x pps sale price.

When you consider they have a net operating loss of $600m on the books that becomes a tax asset to the acquirer works out to $4.50 plus a share.  They should sell for a lot more.

The CEO and CFO said the company was worth billions and each billion works out to around $13-15 a share.  Well....I could handle that.  All upside given the circumstances.

Well shoot, I want to get back in to MVIS but with all this talk I can't decide if I should just get in now or wait for a drop to around .83.  What is the best extended trade time to try and catch a drop?

What's the word on SHIP & BIOC?  I like their potential but is anyone actively trading it?

at this point, i would be thrilled with 5 per share.  i have traded small cap pharma stocks for years.  it's always nice to day dream of the big score, but i have learned to temper my expectations.  especially when it comes to buyouts and binary events.  

not being sarcastic - how many buyouts have you seen where the buying company paid the true value of the bought company?  just want some perspective.

only you can make that call young grasshopper.  how long do you want to wait?  

doubtful an announcement is made soon, but other positives could send it higher in the near term.  if you are planning to go long like some here, why not buy in increments?  

i have been following SHIP.  have not bought yet, just not real comfortable with the price action WRT the larger market action.

I have bought and sold numerous companies. The most important word in a negotiation like that is "leverage". Both companies appear to have some leverage but in my honest opinion, MVIS is at a disadvantage. Yes, they have intrinsic IP value - of that I have no doubt. But it looks like Microsoft is probably the only buyer currently in the pipeline if anyone is at all. So having a sole buyer when you are losing money gives up a lot of leverage. It puts time on the buyer's side and that inevitably lowers the price.

A negotiation for a sale of this size, involving IP, will not be done quickly. Despite that, if there is a buyer on the line, a $2-3 price point seems feasible.

Of course, a bankruptcy where the common stock is wiped out and the IP goes to a fire sale is also possible and do not, for one second, think that won't cross someone's mind during a negotiation.

At this point I'm trying to accumulate shares up to a $10,000 total spend.
The lower the price the more shares I hold.

Leverage...in the hopes that there are multiple prospects.  

I know we’ve had real news lately, but let’s go back to the rumors, theories and opinions for a moment (ughhh...).  

I would think that more than Microsoft would be interested.  Yeah, they seem like they’re likely to have the MOST interest based on the latest facts.  

Let’s not discount the possible interest from the likes of Apple, Amazon, Google, Tesla, Bosch, Texas Instruments, Huawei and possibly some auto mfgs.  Almost in that order, and a couple few of these can really put the pressure on a MSFT bid if they’re serious.

Just discussing here.  I really don’t have a great grasp on buyouts and mergers.

I see no problem discussing any of that.

Is there even a hint from Apple, Amazon, Google, Tesla, Bosch, or TI that they might be turning over stones with MVIS? If so, I missed it.

Note that I am once again a holder of MVIS stock, so I am hopeful but trying to be realistic. The idea that a sale arrangement could be made in just a few weeks is totally unrealistic. To do it inside of a year, from start to execution, would be fast.

No mention, just speculation.

It looks like the jig was up for Microsoft months ago because of the prototype HoloLens IIRC.  There were photos floating around, and to me they didn’t look fabricated.  The internet sleuths ran with it from there, then there were the subtle mentions and/or denials from both companies that threw flags up to the community.  The Craig-Hallum analyst comments (which I still feel we’re miss-steps), etc.

From your experience, don’t companies (buyer and buyee) try to keep a lid on it as long as they can?  Up to and including into negotiations?  Perhaps that’s why we don’t have anything concrete about other perspective buyers.

Very true, I would expect both a discount sale price AND for management to take a large bite off the top of any deal.

I think this stock is easily worth $20-30 based on the NOL and 450 patents.  That is why I have based my hopes around $7.5 per share when all is said and done.  

That would return more than $1million on a $50k total investment.

No, there are multiple parties they are engaging per the CEO, Microsoft doesn't need or want much of their technology.  So if msft was the buyer, I think you could be right.  But to the contrary, hololens2 is seemingly finding new uses across industries from healthcare to military to other huge industries.  Msft cannot let the ownership of that patent and the owner of their royalty agreement fall in the hands of a competitor.

I just believe that this will sell to multiple buyers and I personally think there is a chance this goes huge, $20+.  But like I said above, I'm kind of in the $7.50 range to temper my hopes.

Well someone or some entity managed this down to just below $1 ahead of the annual shareholder meeting to get the reverse split.  Now that the meeting happened, someone or something is managing the stock between $1 and $1.03 all day long.  It is criminal manipulation.

The company will sell and sooner than later.  $2-3 a share will be the pessimists number.  $7-10 he realists.  $10-30 the pie in the sky people.  

I would take 2-30x my money in a six month or less timeframe.  

It would take some spectacular news for this to get below .90 in my opinion.

Do you guys think this will take off with the speculation alone?  Seems like bloods in the water, it should start to soar but it seems bots are keeping it pumped up.

Im looking at selling out of a couple of positions to double my shares. Hell even at a $1.02  $1.03 would be a great buy in for a potential 5x cash out.
Normally when I think like this my shit drops to .80

S2upid on reddit bought a hololens unit and tore it down on video and the MVIS labeled components were in there with the logos covered with black tape.  

On the annual shareholder meeting mvis CEO agreed those were MVIS components.  Because someone did a tear down, MVIS is apparently no longer bound by the NDA but I'm sure they didn't want to dox msft during negotiations so they took a softer approach of just confirming those were mvis parts.

Honestly, whomever is manipulating this stock appears to be keeping it at $1-$1.03.  It went up briefly on open yesterday to $1.10 and the day traders took it back down.  It seems like the fix is in to get 10 straight days of $1 compliance to take the reverse split off the table.  Once that happens, it could go up or it could sit at $1 based on people thinking it will sell low for $2-3 a share.

My number I've stuck at is $7.50 a share.  That is where I think we will land.  I prefer $20-30 but expect $7.5.  The CEo and CFO said the company was worth billions which is $13-15 per share per billion so it seems to me the gamble is whether you make 2-3x your money or 20-30x.

The company has no debt so it is bankruptcy proof.  In fact, bankruptcy might get the shareholders more money because management of mvis wouldn't be taking a huge amount off the top and the tech could go to auction so that the bigs could compete for the tech they want (each tech has multiple suitors) without having to buy and --presumably-- pay low amounts for the tech they don't want or need.

I think a single buyer cuts into the sale price.  I think multiple buyers maximizes the sale price.

I think from now on if you want in the current price is the lowest you will get.  But buyer beware and make your own best decisions.  Good luck bro.

Even before the XR10 tear down by S2upid, there were other photos leaked of a prototype that got the ball rolling.

You are absolutely right.  It wasn’t until the production model was torn down that Microvision was no longer held back by the NDA.  I find it pretty damn cool that S2upid did it a day or two before the shareholder’s meeting.  Microvision owes him a big thank you.

ERX to the moon in pre market. Well it's climbing anyways

Edit. WTF just happened?

Below a buck

Stop loss raid it looks like now is the time to get in if you want to.

I bought 8 shares with my change at $1.0097 then it went to .99 lol I have .8 cents in my account.

I've got buys in at .97,.98 and .99. Plus a large block at .89

Lol, after my 2250 share purchase yesterday morning at the opening, I had a little left in my brokerage account so I swept it as clean as I could with another purchase at end of day to accumulate 150 more shares.  .99 cents left.  Should I buy one more share?!?!?  Lol.

I have $8,000.00 at my disposal next week.  Depending on how it looks I may dump that in, too.

Well, just bought a bit so now at 50k shares. We'll see if this makes a nice Christmas time gift...or not.

I got a partial fill at .99 for 527 shares

Taking small profits on other stocks over the past few days and buying more MVIS anytime it's .99-1.00.  if I 3X on an MVIS sale I'll happily cash out and buy a new UTV or boat.  

This will be an interesting day closing

I'm curious what tomorrow's close brings before a long weekend.

No one wants to sell me 250 shares @ $0.99

I feel your pain. No one wants to sell me 10,000 at .90

I had to bump up to .9954 before my buy would trigger this morning.

I bit the bullet and upped my limit to 0.9951

You guys should have held out. Mine just filled for another K at .99.

So the struggle was to keep it above $1 now under $1. Makes no sense.

isnt the closing price the only one that matters for listing purposes?

it is definitely manipulated, but then again i feel like %100 of all stocks are manipulated

Thats how I understand it. Power struggle at the close.

ISZ hit this above, but it's worth repeating for the folks that don't understand how a bankruptcy works.

There is a hierarchy of debt in a business (senior and subordinate are the words you'll normally see). In a bankruptcy the assets will be ordered sold, and they'll go to auction. The hierarchy gets settled first, and the scraps go to the investors. In many cases the proceeds don't even cover the creditors, and the shareholders are left sucking hind tit.

Microvision has no debt. That's incredibly important. It means after settling what few bills they have, the proceeds would be distributed almost in entirety to the shareholders. It sounds scary, but in some scenarios an auction works very strongly in our favor. There aren't anymore behind-closed-doors negotiations...it's all out front with multiple interested parties in attendance. As in, competitive bids.

The assets consist mostly of the intellectual propery (IP) with some proprietary manufacturing tech. Microvision's patent moat (the IP) is HUGE...with well over 500 patents in place and more pending. Yes, some are approaching the 20 year drop-dead, but they've been expanded and refined in so many subsequent patents that even if you have access to an early, expired patent all the likely avenues to exploit it are dead-ends.

So...interested parties. A war has been fought in the last ten years over the competing methods to project XR images. Think BETA vs VHS. Texas Instruments was pushing LED, and there were a couple of other oddballs. Those companies were paying some optical engineers to bash MVIS - if you start reading opinion by Karl Guttag, he was a notorious paid partisan who's been forced to retrack most of his claims. Magic Leap made HUGE promises and got billions in investment based on vaporware - now they're for sale but nobody wants their stuff. It came down to limitations...FOV, refresh rates, presentation (i.e., retinal projection vs screened) and some more esoteric stuff I don't even pretend to understand.

MFST went to LBS/MEMS because, with the proper supporting infrastructure, it overcame nearly all the shortcomings...and it's crushing the competition in sales at $3,500 a pop to a wall of industrial and development customers. The .mil version IVAS is much more expensive. This years contract to the mil is $900M, next year it pops into the billions. A big reason the price is so high is because Hololens/IVAS uses retinal projection...a laser image is literally projected on the back of your eyeball. Not cheap, but important. I'll come back to that.

For investors, another critical point. Kipman, head of H2 for MSFT, told the world they invented all the technology in Hololens and owned all the IP. They were both lies, but MVIS was strapped down by NDAs (Non-Disclosure Agreement). There was huge evidence that wasn't true, but the Canadian guy's teardown of his $7,700 CAD unit put the final blade through deception. Here's the important part...MFST has the non-exclusive right to manufacture LBS/MEMS. If Apple buys the IP, MFST starts paying royalties to Apple...

Sorry so long, but this is where it gets really good. Those commercial and mil buys are awesome, but they're limited in scope. Now Microvision comes along and is granted four new patents that use LBS on LCOS projection, instead of retinal. Much less expensive to make, meaning a consumer version of Hololens II lurks over the horizon. That's where revenue projections start looking like fantasy land, but they're not, because most of the really smart people think these various IR/AR/XR platforms will be the next two generations of computing. The consumer pool is...unlimited

The best outcome for us would be a consortium buying MVIS. They're keenly aware of the prize, but don't want to get into a bidding war. Together they each chip in a billion, and build their proprietary version around the base technology.

If you have another hour or so, I can talk about the interactive-display speaker war, or the LIDAR self-driving/TCAS car war, or the projector-only (no focus wheel, no cooling fan, 100" diagonal HD TV picture from a projector the size of a cell phone) wars...that, incidentally, turns your I-D countertop speaker into a wall projection TV just by rotating the projector up from the counter. There's more...

I've been to three ASMs and played with this stuff. It's like Area 51 tech we reverse-engineered from aliens, it was just given to a bunch of geeks who couldn't execute a business plan or capitalize it against some very determined corporations and funds. It's the reason the same idiot investors have stayed in for 20 years through all the pain. We may get proper f**ked yet, but the tech is intoxicating, and for once everyone is realizing that.