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USA
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Posted: 5/4/2020 9:38:16 AM EDT
[#1]
Picked up a few more at .86. Should have held over the weekend and bought twice as much Friday afternoon, but that's just part of the game ain't it? Good luck everyone!
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Posted: 5/4/2020 9:38:37 AM EDT
[#2]
Quote HistoryOriginally Posted By Sparky: I don't think my .32 Limit buy is going to happen You may catch it on the way down. |
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Posted: 5/4/2020 9:40:59 AM EDT
[#3]
I’ll be damned. It just shot up 100%.
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Posted: 5/4/2020 9:42:03 AM EDT
[#4]
Sold at 325 percent profit
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USA
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Posted: 5/4/2020 9:43:51 AM EDT
[Last Edit: Layer60]
[#5]
It's probably going to end up a near zero or over $2.50. One of the two.
Right now, the shorts are either covering or shitting themselves. There were hundreds of thousands of shares shorted. Oops. |
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MD, USA
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Posted: 5/4/2020 9:46:13 AM EDT
[#6]
Thank you, OP!! I didn’t buy a lot but it’s fun to double your money even if it’s beer money.
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Posted: 5/4/2020 9:51:04 AM EDT
[#7]
Glad it worked out for y'all. I feel sick for selling when I did. The one time I make a conscious effort to not get greedy is the one time I should have been greedy.
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USA
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Posted: 5/4/2020 9:51:56 AM EDT
[#8]
Quote HistoryOriginally Posted By rlltd42: Glad it worked out for y'all. I feel sick for selling when I did. The one time I make a conscious effort to not get greedy is the one time I should have been greedy. By tomorrow, you may be glad you sold. 
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Posted: 5/4/2020 9:55:09 AM EDT
[#9]
Made a good bit when I sold just over $1. Made even more selling the options.
Good luck to all that have bigger balls than I, may your tendies be endless. |
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MN, USA
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Posted: 5/4/2020 9:57:34 AM EDT
[#10]
Quote HistoryOriginally Posted By Layer60: It's probably going to end up a near zero or over $2.50. One of the two. Right now, the shorts are either covering or shitting themselves. There were hundreds of thousands of shares shorted. Oops. Come on $2.50! |
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Posted: 5/4/2020 10:00:19 AM EDT
[#11]
looks like it is headed down but will still have to drop a lot to get where the shorts are
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Posted: 5/4/2020 10:07:46 AM EDT
[Last Edit: Osprey61]
[#12]
Damn, I'm up 900 bucks for the first time in forever. Internal me is fighting to keep from hitting the button.
If Microvision has any dry powder, anything, they could send it over $3 without trying. They should announce they're remodeling their bathrooms for God's sake. Odds are they won't, or it would have gone out pre-market. Dammit. Somebody go wake up IceStationZebra. He's got two kids he needs to send to college! |
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Posted: 5/4/2020 10:08:09 AM EDT
[#13]
Quote HistoryOriginally Posted By snakes19: looks like it is headed down but will still have to drop a lot to get where the shorts are I was too much of a little bitch to buy $2k at .21.  I hope OP get that corvette though. 
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Posted: 5/4/2020 10:13:53 AM EDT
[#14]
Quote HistoryOriginally Posted By dbrad197: I was too much of a little bitch to buy $2k at .21. I hope OP get that corvette though. I have 30K shares, but my ASP is .84. Every penny move is 300 bucks one way or another. Anybody have a chunk of coal? I'm making diamonds this morning... |
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Posted: 5/4/2020 10:17:44 AM EDT
[#15]
op, i'm only in for 500 @ $0.21 each.....i pulled my original $100 out at $1.02.......i'm with you with my last 400 shares to the top or the bottom
 
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GA, USA
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Posted: 5/4/2020 10:20:26 AM EDT
[#16]
OP is the real MVP.
 Should have pulled the trigger on $0.30 when I read this thread last Thursday 
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Posted: 5/4/2020 10:22:12 AM EDT
[Last Edit: wildearp]
[#17]
Jeebus. Fukkn hit $1. I bought 87 shares, so I am putting in a sell order at 0.87. It only seems right.
roller coaster!
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TX, USA
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Posted: 5/4/2020 10:22:14 AM EDT
[#18]
bought 1000 shares early last month for .22 sold today for 1.01 not to shabby
Thanks OP I hope you all hit $2.50 |
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Posted: 5/4/2020 10:23:56 AM EDT
[#19]
Quote HistoryOriginally Posted By Osprey61: I have 30K shares, but my ASP is .84. Every penny move is 300 bucks one way or another. Anybody have a chunk of coal? I'm making diamonds this morning... Quote HistoryOriginally Posted By Osprey61: Originally Posted By dbrad197: I was too much of a little bitch to buy $2k at .21. I hope OP get that corvette though. I have 30K shares, but my ASP is .84. Every penny move is 300 bucks one way or another. Anybody have a chunk of coal? I'm making diamonds this morning... It was at $512.50 in Feb 2000 according to Yahoo. I bet 512 would turn your diamonds into stars I bought $50 at 24¢. It's been exciting to have one green in a sea of red. |
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Posted: 5/4/2020 10:26:49 AM EDT
[#20]
Quote HistoryOriginally Posted By Jdude: It was at $512.50 in Feb 2000 according to Yahoo. I bet 512 would turn your diamonds into stars I bought $50 at 24¢. It's been exciting to have one green in a sea of red. Yea, that $512 is the reverse split-adjusted number. Hit a high of roughly $68 during the tech boom. There are longs on Reddit who bought in close to that top... |
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Posted: 5/4/2020 10:37:37 AM EDT
[#21]
I'm new to this whole stock market thing. Can someone explain why it went up to $1.08 and is now dropping?
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Posted: 5/4/2020 10:41:37 AM EDT
[#22]
Quote HistoryOriginally Posted By Sparky: I'm new to this whole stock market thing. Can someone explain why it went up to $1.08 and is now dropping? Reddit Hype. I mentioned it above. |
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CA, USA
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Posted: 5/4/2020 10:45:56 AM EDT
[#23]
Still in here. Bought 400 at $.26.
I'm going to let it ride. |
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USA
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Posted: 5/4/2020 10:48:56 AM EDT
[#24]
Quote HistoryOriginally Posted By xxspudxx: Reddit Hype. I mentioned it above. Reddit is moving a stock premarket? Earnings coming up this week. |
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Posted: 5/4/2020 10:51:17 AM EDT
[#25]
Holy shit thank you OP. I got 432 shares at .23, then debated buyin more Friday. I put in a buy order. I may just grab like $200 worth now and see where it all goes
For comparative purposes ... I lit a $100 bill on fire once. I felt like a baller but cried a bit later 
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Posted: 5/4/2020 10:53:32 AM EDT
[#26]
Quote HistoryOriginally Posted By 03Vet: Reddit is moving a stock premarket? Earnings coming up this week. Reddit increases volatility due to the sheer volume of timid investors. Its a pump and dump haven. Every time a stock finds its way to every major subreddit, this same thing happens. Lots of money to be made on those hype trains though.
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Posted: 5/4/2020 10:55:33 AM EDT
[#27]
I jumped back in .86, not going to hold long just going to hopefully take a quick 10-15% and run again.
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Posted: 5/4/2020 11:03:45 AM EDT
[#28]
Quote HistoryOriginally Posted By Sparky: I'm new to this whole stock market thing. Can someone explain why it went up to $1.08 and is now dropping? Microvision hired a specialty contractor (Craig Hallum) to "shop" the company to potential buyers, including most of the Tier 1 tech companies in the world who are sitting on a mountain of cash. MVIS has very deep patent moat on laser projection, retinal display, miniaturized LIDAR and couple of other technologies. Several are critical to VR/AR and self driving vehicles. They also have critical components in Microsoft's Hololens II, which MSFT would dearly like to protect. MVIS has a small float (outstanding shares) and no debt. A billion dollar bid equates to $7.62 a share. Billion sounds like a lot, but MSFT is sitting on $136B in cash right now, and they've been on an acquisition bender for two years. There are real headwinds, and danger. The quarterly is Thursday. A vote on a reverse split to keep MVIS from being delisted off the NASDAQ is on the 19th (they have to get over $1, and stay there for ten days to avoid that). Many, many speculators are buying in for a pump and dump prior to the quarterly. They're driving the price this morning. |
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USA
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Posted: 5/4/2020 11:05:23 AM EDT
[Last Edit: Whippet06]
[#29]
Sold the 20 shares I bought @ .21 for .88. Made enough for a cheap lunch and to have a little fun with the group.
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USA
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Posted: 5/4/2020 11:05:30 AM EDT
[Last Edit: Layer60]
[#30]
Quote HistoryOriginally Posted By 03Vet: Reddit is moving a stock premarket? Earnings coming up this week. Quote HistoryOriginally Posted By 03Vet: Originally Posted By xxspudxx: Reddit Hype. I mentioned it above. Reddit is moving a stock premarket? Earnings coming up this week. Probably not to any meaningful degree. |
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NY, USA
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Posted: 5/4/2020 11:07:39 AM EDT
[#31]
331% jump on options. Hopefully that trend continues.
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USA
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Posted: 5/4/2020 11:09:18 AM EDT
[#32]
Quote HistoryOriginally Posted By Osprey61: Microvision hired a specialty contractor (Craig Hallum) to "shop" the company to potential buyers, including most of the Tier 1 tech companies in the world who are sitting on a mountain of cash. MVIS has very deep patent moat on laser projection, retinal display, miniaturized LIDAR and couple of other technologies. Several are critical to VR/AR and self driving vehicles. They also have critical components in Microsoft's Hololens II, which MSFT would dearly like to protect. MVIS has a small float (outstanding shares) and no debt. A billion dollar bid equates to $7.62 a share. Billion sounds like a lot, but MSFT is sitting on $136B in cash right now, and they've been on an acquisition bender for two years. There are real headwinds, and danger. The quarterly is Thursday. A vote on a reverse split to keep MVIS from being delisted off the NASDAQ is on the 19th (they have to get over $1, and stay there for ten days to avoid that). Many, many speculators are buying in for a pump and dump prior to the quarterly. They're driving the price this morning. Quote HistoryOriginally Posted By Osprey61: Originally Posted By Sparky: I'm new to this whole stock market thing. Can someone explain why it went up to $1.08 and is now dropping? Microvision hired a specialty contractor (Craig Hallum) to "shop" the company to potential buyers, including most of the Tier 1 tech companies in the world who are sitting on a mountain of cash. MVIS has very deep patent moat on laser projection, retinal display, miniaturized LIDAR and couple of other technologies. Several are critical to VR/AR and self driving vehicles. They also have critical components in Microsoft's Hololens II, which MSFT would dearly like to protect. MVIS has a small float (outstanding shares) and no debt. A billion dollar bid equates to $7.62 a share. Billion sounds like a lot, but MSFT is sitting on $136B in cash right now, and they've been on an acquisition bender for two years. There are real headwinds, and danger. The quarterly is Thursday. A vote on a reverse split to keep MVIS from being delisted off the NASDAQ is on the 19th (they have to get over $1, and stay there for ten days to avoid that). Many, many speculators are buying in for a pump and dump prior to the quarterly. They're driving the price this morning. I would say there's an extremely high chance of a big drop when the quarterly hits. |
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Posted: 5/4/2020 11:11:53 AM EDT
[#33]
Quote HistoryOriginally Posted By Layer60: I would say there's an extremely high chance of a big drop when the quarterly hits. Going to be a bloodbath. |
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Posted: 5/4/2020 11:20:54 AM EDT
[#34]
Quote HistoryOriginally Posted By xxspudxx: Going to be a bloodbath. I was thinking this. I want to jump back in, but my uneducated guess is it's going to tank Thursday |
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Posted: 5/4/2020 11:51:37 AM EDT
[#35]
@IceStationZebra, rise and shine brother!
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Posted: 5/4/2020 11:51:43 AM EDT
[#36]
Debating whether to sell if it breaks 1.00. Only 150 shares so not a big gamble either way.
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Posted: 5/4/2020 11:53:05 AM EDT
[#37]
It's edging back up. So much hype.
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Posted: 5/4/2020 12:00:06 PM EDT
[#38]
Guess I should have held through the weekend and doubled my profit! I'll dip back in on a drop, but not at .94 where it's trading right now.
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Posted: 5/4/2020 12:09:29 PM EDT
[Last Edit: Osprey61]
[#39]
Quote HistoryOriginally Posted By KaiK: It's edging back up. So much hype. It's only hype if there's absolutely nothing behind the rumor. Craig-Hallum is real. They are shopping a sale. Hololens II is real. Microsoft told the army they're moving to protect their supply chain. There are revenues, and a share price over $1 kills the R/S. Not advocating irrational exuberance. A big nothing out of the quarterly and the speculators will bail in mass, I've seen it happen on way too many occasions. But...on April 6 when I started this thread MVIS was at .22, and I suggested a triple was easily possible. Here we are. |
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Posted: 5/4/2020 12:10:40 PM EDT
[#40]
Perhaps I bailed a bit early. I'll eye getting back in after the earnings.
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Posted: 5/4/2020 12:15:46 PM EDT
[#41]
Picked up a nice return on my options on this this. Thanks OP
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Posted: 5/4/2020 12:18:15 PM EDT
[#42]
I owe op a high five. Bought 2500 shares at .22 and sold for all for a dollar. Kept me entertained for a couple weeks too. Thanks.
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Posted: 5/4/2020 12:21:17 PM EDT
[Last Edit: Osprey61]
[#43]
BTW...for people interested in the dynamic going on today - that $1.00 share price mark is a titanic battle going on behind the scenes. To be clear, the share price has to close at over $1.00 for ten consecutive days to take de-listing off the table.
Whoever has been accumulating millions of shares over the last two weeks will fight tooth-and-nail to prevent that. It's going on right now. They have very, very deep pockets and will offer tiny blocks at tenths of a penny under the ask to keep the lid on. Disclosure: I have a limit order in to sell 20K at 1.25 right now. Covers my cost and holds back a 10K block. If that executes, I'll buy back in on the first dip and take a little profit. |
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Posted: 5/4/2020 12:24:47 PM EDT
[#44]
Quote HistoryOriginally Posted By Osprey61: BTW...for people interested in the dynamic going on today - that $1.00 share price mark is a titanic battle going on behind the scenes. To be clear, the share price has to close at over $1.00 for ten consecutive days to take de-listing off the table. Whoever has been accumulating millions of shares over the last two weeks will fight tooth-and-nail to prevent that. It's going on right now. They have very, very deep pockets and will offer tiny blocks at tenths of a penny under the bid to keep the lid on. Disclosure: I have a limit order in to sell 20K at 1.25 right now. Covers my cost and holds back a 10K block. If that executes, I'll buy back in on the first dip and take a little profit. What would be considered a dip at this point? What price point should one consider buying back in at? |
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TX, USA
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Posted: 5/4/2020 12:29:01 PM EDT
[#45]
back over a buck
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Posted: 5/4/2020 12:32:23 PM EDT
[#46]
Quote HistoryOriginally Posted By xxspudxx: Reddit increases volatility due to the sheer volume of timid investors. Its a pump and dump haven. Every time a stock finds its way to every major subreddit, this same thing happens. Lots of money to be made on those hype trains though. Do you have some subreddits that you like to follow in particular? You can PM if you prefer |
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Posted: 5/4/2020 12:34:38 PM EDT
[Last Edit: smullen]
[#47]
Sold mine last week, wouldn't you know.
I did more than double my money though so, I'm not real mad.. I'm betting it drops again. |
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Posted: 5/4/2020 12:35:07 PM EDT
[#48]
Quote HistoryOriginally Posted By Sparky: What would be considered a dip at this point? What price point should one consider buying back in at? My dip on a $1.25 sale will be anything close to $1.00, but that's probably wishful thinking based on the behind-the-scenes fight over the de-listing I outlined above. I'd like to wash it back and forth once or twice over the next two days. A quarter at 20K shares is $5K a pop. Won't buy that Porsche, but it'll will buy a really good bottle of single malt  Honestly, I try to never give people investment advice. This is for fun, and I hope it stays that way. |
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Posted: 5/4/2020 12:44:28 PM EDT
[#49]
Quote HistoryOriginally Posted By GonvilleBromhead: @xxspudxx Do you have some subreddits that you like to follow in particular? You can PM if you prefer @GonvilleBromhead pennystocks robinhoodpennystocks stocks investing wallstreetbets I dont take reddit as the gospel when doing DD, but if they all get a sniff of something and start a dogpile.... Easy money to be made. YMMV |
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Posted: 5/4/2020 12:49:11 PM EDT
[#50]
This is pure nuts...
Hadn't looked at volume. 126,000,000 shares have traded today so far, and we're hours from close. To put that in perspective, Microvision's entire outstanding share count is 130,000,000. |
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