User Panel
User Panel
User Panel
|
Posted: 6/10/2020 1:27:19 PM EST
[#1]
Quote HistoryOriginally Posted By StevesZZ5: Hoping so. 7430 shares of XOM and it’s nowhere near what my average price per share is. If I ever see $85-$88 on it, it’s being dumped and I’ll sleep a lot better. Fed announced to rate increase till 2022. That's great for the economy so oil will move again |
|
|
|
FL, USA
|
Posted: 6/10/2020 1:47:34 PM EST
[#2]
Crypto’s just shot up hard
|
|
|
|
Posted: 6/10/2020 2:44:09 PM EST
[Last Edit: Osprey61]
[#3]
Quote HistoryOriginally Posted By colt_thompson: What's the downside to a reverse split? Companies forward split all the time, and it's almost always for positive reasons. Reverse splits are almost universally viewed as a negative. The company is doing badly, and the share price is too low to support a dilution, or is going to be de-listed, or worse. The overall corporate history in the US with R/S' isn't good...the vast majority of companies that do it with the intent to remain in business go on into bankruptcy. There are a few notable exceptions, but not many. Remembering, again, that bankruptcy wouldn't be a game-ender for MVIS. It only screws shareholders if the corporation is heavily in debt, because shareholders get paid after debt holders...and half the time the debt holders don't even get paid. Microvision has no debt. The real danger with an R/S is it really rings the dinner bell for short sellers. The last time Microvision reverse split they might just have well have poured blood into shark-infested waters. Equity got peeled off shareholders so fast it was horrific. I personally lost something close to $20K after we wrote the loss off on taxes. This situation is significantly different, if management stays true to their word and is able to close a deal. They intended to stay in business after the last split, without much business to support them, and the shorts had a field day. If they split this time, presumably it would be done to enhance the business' value in an ongoing sale/merger negotiation. If that's a true fact, it would be lunacy to short the stock...the percentage loss to a short would (theoretically) remain the same as a $15 buyout at our current $1 share price. Margin calls would wreck a lot of people. It's that part of Sharma's little speech about selling all or one or more verticals that scares me. LIDAR for the automotive industry isn't mature...not sure I'll stick around to see how it pans out if they start doing hybrid sale shenanigans unless the smart speaker contract is back on the table, or Apple pushes forward with their XR solution. |
|
|
|
|
Posted: 6/10/2020 2:44:30 PM EST
[#4]
Once MVIS hits the 10 day compliance is there a good possibility itll start trending more upwards than staying around the dollar mark?
|
|
|
|
|
Posted: 6/10/2020 2:55:25 PM EST
[#5]
Quote HistoryOriginally Posted By Dirty_Robster: Once MVIS hits the 10 day compliance is there a good possibility itll start trending more upwards than staying around the dollar mark? IMO it will, but much of the volatility that makes it a good swing trade will be gone. Investors will be bulking up their core holdings in the expectation of a sale. That's where we start getting much closer to the nitty-gritty of this thread's title  BTW, we're a long way from organic compliance. The hedge funds that feed on MVIS blood will make a run at submarining the share price before this is over, count on it. Going to be expensive (they'll have to dump huge blocks of shares cheap), but they play the long game. I've seen some speculation they may hold off until day eight or nine, just to break shareholder confidence and enthusiasm. Seems insane the market is set up to facilitate the ruin of pioneering small American enterprises, but here we are. Guess it's the price MVIS pays for having never successfully marketed their tech. |
|
|
|
|
Posted: 6/10/2020 3:51:27 PM EST
[#6]
Quote HistoryOriginally Posted By Dirty_Robster: Once MVIS hits the 10 day compliance is there a good possibility itll start trending more upwards than staying around the dollar mark? A R/S would also put them in compliance |
|
|
|
|
Posted: 6/10/2020 3:52:43 PM EST
[#7]
Quote HistoryOriginally Posted By Osprey61: IMO it will, but much of the volatility that makes it a good swing trade will be gone. Investors will be bulking up their core holdings in the expectation of a sale. That's where we start getting much closer to the nitty-gritty of this thread's title BTW, we're a long way from organic compliance. The hedge funds that feed on MVIS blood will make a run at submarining the share price before this is over, count on it. Going to be expensive (they'll have to dump huge blocks of shares cheap), but they play the long game. I've seen some speculation they may hold off until day eight or nine, just to break shareholder confidence and enthusiasm. Seems insane the market is set up to facilitate the ruin of pioneering small American enterprises, but here we are. Guess it's the price MVIS pays for having never successfully marketed their tech. If they really want to deflate the air in the balloon, day 9 ending at .9999 due to the bots would have people tying nooses and stepping off chairs. I expect this to happen....so much so that if I had a guarantee the announcement wouldn't happen while I stepped out, I would sell on day 7 or 8 at this high. Then buy back in. I think this is an elaborate pump and dump by a whale. Get the share 20-30 cents up and create FOMO and then BAM. Stop loss raid and steal back the shares they just sold. I would advise everyone to set their stop losses very low or remove them for the rest of the 5 days. |
|
|
|
|
Posted: 6/10/2020 3:58:33 PM EST
[#8]
Quote HistoryOriginally Posted By IceStationZebra: If they really want to deflate the air in the balloon, day 9 ending at .9999 due to the bots would have people tying nooses and stepping off chairs. I expect this to happen....so much so that if I had a guarantee the announcement wouldn't happen while I stepped out, I would sell on day 7 or 8 at this high. Then buy back in. I think this is an elaborate pump and dump by a whale. Get the share 20-30 cents up and create FOMO and then BAM. Stop loss raid and steal back the shares they just sold. I would advise everyone to set their stop losses very low or remove them for the rest of the 5 days. this is what I'm thinking |
|
|
|
|
Posted: 6/10/2020 6:55:24 PM EST
[#9]
I'm tired of the pump and dump. I set a limit order at 1.35. Hopefully there's a ton of after hours bullshit and it opens tomorrow like it did today and I can cash out my little (hopefully) $3000 position and pay off some revolving debt. Been a hell of a ride. Thanks, OP. I was just starting a COVID-19 work from home with no work and this came at the perfect time.
|
|
|
|
|
Posted: 6/10/2020 7:49:01 PM EST
[Last Edit: CajunMojo]
[#10]
 edit: I think I got it. I'm not sure, but it's quite possible I'm just dumb. |
|
|
|
|
Posted: 6/10/2020 9:52:24 PM EST
[#11]
I really am starting to feel like I sould buy some calls on MVIS. I feel like some little bit of trash news is going to send it to $20.
What have y'all done to me.  This new stock market makes no sense. |
|
|
|
|
Posted: 6/11/2020 7:18:27 AM EST
[#12]
Looking like day 6 for mvis is shaping up to be the real test for compliance
|
|
|
|
|
Posted: 6/11/2020 7:35:59 AM EST
[Last Edit: Admiral_Crunch]
[#13]
I bought a few hundred shares of XSPA yesterday morning. It jumped from 1.70 to 5.00 right before the closing bell yesterday. Dayum.
Anybody know what happened? Now I'm wondering if I should sell at opening or see where it goes. I guess I'll sell enough to cover my buy-in. ETA: I now see how my stock app shows when a reverse split happens. 
|
|
|
|
|
Posted: 6/11/2020 7:36:14 AM EST
[#14]
Quote HistoryOriginally Posted By dle1424: someone else here mentioned it. but if RIG gets back into the 1's, i am going to grab a 1000 shares for long term. RIG could be a 5x from the 1's. In the high 1s on premarket. I kept 100 free shares, I may buy back in at low 1s. |
|
|
|
|
Posted: 6/11/2020 7:40:08 AM EST
[Last Edit: CajunMojo]
[#15]
Quote HistoryOriginally Posted By Admiral_Crunch: I bought a few hundred shares of XSPA yesterday morning. It jumped from 1.70 to 5.00 right before the closing bell yesterday. Dayum.   Anybody know what happened? Now I'm wondering if I should sell at opening or see where it goes. I guess I'll sell enough to cover my buy-in.  it was around 5 all day. ETA: o , reverse split. Check your share count.
|
|
|
|
|
Posted: 6/11/2020 7:41:40 AM EST
[Last Edit: goodasgone81]
[#16]
Quote HistoryOriginally Posted By Admiral_Crunch: I bought a few hundred shares of XSPA yesterday morning. It jumped from 1.70 to 5.00 right before the closing bell yesterday. Dayum. Anybody know what happened? Now I'm wondering if I should sell at opening or see where it goes. I guess I'll sell enough to cover my buy-in. Reverse split..... you now have less stock |
|
|
|
|
Posted: 6/11/2020 7:44:52 AM EST
[Last Edit: Admiral_Crunch]
[#17]
Quote HistoryOriginally Posted By goodasgone81: Reverse split..... you know have less stock Quote HistoryOriginally Posted By goodasgone81: Reverse split..... you know have less stock Oh, that makes sense. My stock app must not be reflecting that correctly. It says my total value shot up. I'll calculate it manually. Originally Posted By CajunMojo: it was around 5 all day.I bought at 1.76 at 9:40ish. But since it reverse split, whatever you're looking at may be compensating for that in historic values. |
|
|
|
FL, USA
|
Posted: 6/11/2020 7:47:23 AM EST
[Last Edit: Bobbybananas]
[#18]
Hoooly crap, wtf happened after hours?? Energy stocks got crushed.
Edit: my whole portfolio is down 14% after hours. What the f happened? Not seeing any headlines to justify this beyond the deficit being like $20T which everyone should have known about weeks ago. If things don’t bounce right back, it’s going to be a dark friggin day for the markets. |
|
|
|
Posted: 6/11/2020 7:48:10 AM EST
[#19]
Quote HistoryOriginally Posted By goodasgone81: Reverse split..... you now have less stock Beat me to the edit. I type slow on a damn phone. |
|
|
|
|
Posted: 6/11/2020 7:49:43 AM EST
[#20]
Quote HistoryOriginally Posted By CajunMojo: Beat me to the edit. I type slow on a damn phone.  |
|
|
|
|
Posted: 6/11/2020 8:07:13 AM EST
[#21]
Good day to buy GNUS. They issued more stock which crushed the price. Might be able to play the bounce
|
|
|
|
|
Posted: 6/11/2020 8:10:14 AM EST
[#22]
Quote HistoryOriginally Posted By colt_thompson: Good day to buy GNUS. They issued more stock which crushed the price. Might be able to play the bounce they did not issue more stocks. It was a prospectus that completes their March financing. everyone freaked out and dumped without reading the prospectus. |
|
|
|
|
Posted: 6/11/2020 8:15:51 AM EST
[Last Edit: Leisure_Shoot]
[#23]
My best recent buys have been CCL (Carnival) and KSS (Kohls)
One whale that I have missed out on and I have been wanting to buy forever.... TSLA  I could never pull the trigger last year or even in March. Stupid, stupid, stupid. |
|
|
|
FL, USA
|
Posted: 6/11/2020 8:19:56 AM EST
[Last Edit: Bobbybananas]
[#24]
Just added 50% to my position in MFA since it’s down 25% in premarket. My entire portfolio looks like someone is trying to crash the market. Somehow they got all these sell positions to trigger after hours on EVERYTHING.
Edit: news is blaming corona v2. This is so stupid. States need to just say “no more lockdowns” and this crap will bounce right back up. It’s a buying day for sure |
|
|
|
Posted: 6/11/2020 8:20:45 AM EST
[#25]
Quote HistoryOriginally Posted By Chokey: they did not issue more stocks. It was a prospectus that completes their March financing. everyone freaked out and dumped without reading the prospectus. You are correct. They were issuing at .30 in march when the stock was at .24 |
|
|
|
COL
|
Posted: 6/11/2020 8:29:27 AM EST
[#26]
Same boat here guys. Boeing down, AAL I bought more of yesterday is down more in pre-trading.
It will swing, it will, it will! 
|
|
|
|
Posted: 6/11/2020 8:52:47 AM EST
[Last Edit: colt_thompson]
[#27]
Re bought into DGLy this morning at $4.10. That and TLRD are my only greens for the day
Also doubled down on GNUS at $3.32 |
|
|
|
|
Posted: 6/11/2020 9:03:04 AM EST
[Last Edit: KaiK]
[#28]
Quote HistoryOriginally Posted By Bobbybananas: Hoooly crap, wtf happened after hours?? Energy stocks got crushed. Edit: my whole portfolio is down 14% after hours. What the f happened? Not seeing any headlines to justify this beyond the deficit being like $20T which everyone should have known about weeks ago. If things don’t bounce right back, it’s going to be a dark friggin day for the markets. The market was way over bought. Especially garbage stocks. |
|
|
|
|
Posted: 6/11/2020 11:30:41 AM EST
[Last Edit: Admiral_Crunch]
[#29]
Only thing I have that is up today is IZEA. it's up 33% and climbing. Only have 200 shares, but it's something.
ETA: And I sold almost all of it right at the peak for the day. Boom.  Who made enough to buy some sushi for dinner? Me!  
|
|
|
|
|
Posted: 6/11/2020 1:00:17 PM EST
[#30]
Quote HistoryOriginally Posted By Admiral_Crunch: Only thing I have that is up today is IZEA. it's up 33% and climbing. Only have 200 shares, but it's something. On the "what have you got that's green today" front, the only thing I've got is Smith & Wesson SWBI, currently green by a whopping 3.18% |
|
|
|
|
Posted: 6/11/2020 1:11:01 PM EST
[#31]
so is it more stocks on sale?
if it wasnt for EGHT, i wouldnt be making any money this week. MVIS has been getting close, i got a limit for 1.03 good luck to all. |
|
|
|
|
Posted: 6/11/2020 1:13:38 PM EST
[#32]
FBGRX is up
|
|
|
|
|
Posted: 6/11/2020 1:18:16 PM EST
[#33]
|
|
|
|
FL, USA
|
Posted: 6/11/2020 1:24:12 PM EST
[#34]
Quote HistoryOriginally Posted By Leisure_Shoot: FBGRX is up That is a mutual fund and it wont reflect todays share price until around 7pm. |
|
|
|
Posted: 6/11/2020 1:26:48 PM EST
[#35]
Quote HistoryOriginally Posted By rollin-tumblin: On the "what have you got that's green today" front, the only thing I've got is Smith & Wesson SWBI, currently green by a whopping 3.18% This reminds me of that moment from Apollo 13 after everything blew up:  |
|
|
|
NE, USA
|
Posted: 6/11/2020 2:00:46 PM EST
[#36]
I made some changes and bought at 1.05. In to see what tomorrow brings.
|
|
|
|
Posted: 6/11/2020 2:11:13 PM EST
[#37]
Quote HistoryOriginally Posted By Admiral_Crunch: This reminds me of that moment from Apollo 13 after everything blew up: https://memegenerator.net/img/instances/35843694.jpg Quote HistoryOriginally Posted By Admiral_Crunch: Originally Posted By rollin-tumblin: On the "what have you got that's green today" front, the only thing I've got is Smith & Wesson SWBI, currently green by a whopping 3.18% This reminds me of that moment from Apollo 13 after everything blew up: https://memegenerator.net/img/instances/35843694.jpg 2% on some TLT, EVERYTHING else is red  . That's a lot of red.
|
|
|
|
|
Posted: 6/11/2020 2:14:21 PM EST
[#38]
MVIS is dangerously close to the sub-$1 level with 45 mins to go
|
|
|
|
|
Posted: 6/11/2020 2:22:51 PM EST
[#39]
Back into MVIS at 1.01, hope it closes over 1.00.
This is not a stock I would want to bet my retirement on but using discretionary funds it is quite a thrill ride. Hell, I have enjoyed chasing it more than the last half dozen movies I have seen. |
|
|
|
|
Posted: 6/11/2020 2:51:35 PM EST
[#40]
Quote HistoryOriginally Posted By GaryM: Back into MVIS at 1.01, hope it closes over 1.00. This is not a stock I would want to bet my retirement on but using discretionary funds it is quite a thrill ride. Hell, I have enjoyed chasing it more than the last half dozen movies I have seen. Same here. Just got in for $1 even |
|
|
|
|
Posted: 6/11/2020 2:58:56 PM EST
[#41]
Rough day. I grabbed a few more Boeing shares since I'm confident it will go back up and I'll make some easy money. CCL and NCLH dipped enough for me to grab some again, hopefully it goes up to the levels it was at the last couple weeks.
Grabbed a bit more GNUS and ACB. XSPA has been steadily down since I bought some. Hopefully tomorrow looks good. If not, I'll at least hold everything until some time next week. |
|
|
|
|
Posted: 6/11/2020 3:00:37 PM EST
[Last Edit: GaryM]
[#42]
Looks like it closed at a buck even, one more day toward compliance....
ETA. oops, maybe 1.01.... |
|
|
|
|
Posted: 6/11/2020 3:00:45 PM EST
[#43]
Whewww!!!
|
|
|
|
|
Posted: 6/11/2020 3:01:36 PM EST
[Last Edit: Admiral_Crunch]
[#44]
Quote HistoryOriginally Posted By rollin-tumblin: MVIS is dangerously close to the sub-$1 level with 45 mins to go I bought 500 shares at 1.005 at 3:59.  |
|
|
|
|
Posted: 6/11/2020 3:03:17 PM EST
[#45]
$1 close and already $1.07 after hours ar 4:02.... wtf
|
|
|
|
|
Posted: 6/11/2020 3:04:20 PM EST
[#46]
Quote HistoryOriginally Posted By goodasgone81: $1 close and already $1.07 after hours ar 4:02.... wtf That's my big 500 share buy spiking the price, baby!!
|
|
|
|
|
Posted: 6/11/2020 3:06:18 PM EST
[#47]
now it is 1.06 postmarket. WTF is going on here?!
|
|
|
|
|
Posted: 6/11/2020 3:20:22 PM EST
[Last Edit: cardboardkiller]
[#48]
Quote HistoryOriginally Posted By Admiral_Crunch: That's my big 500 share buy spiking the price, baby!! Pssshhhh It was my 100 at a $1. I set aside a grand to fuck around with on Robinhood. I’m at the wait and see how all this plays out stage. I’m not slinging anymore money at it, until I get too excited in a few days dreaming of a Mac or an Uzi with happy switches. The prices on full auto FNC’s is tempting.
|
|
|
|
|
Posted: 6/11/2020 3:23:03 PM EST
[#49]
Damn, that's the kind of drama I can live without. Had a $10K MVIS fill-at-close order that didn't...
Upside, it's dry powder for tomorrow, not breaking the streak without a fight. With luck we'll get a significant dead-cat bounce across the board that may put a floor under us, but not counting on it. Near as I can tell my mutuals will be down about $40K today...just a paper loss, but it sure is stomach churning to watch. |
|
|
|
|
Posted: 6/11/2020 3:23:53 PM EST
[#50]
I don’t trust it.
Whoever bought that block probably is building it up with their other buys to slam it before day ten. Sorry that I’m being a negative Nancy. |
|
|
|
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
