8Total53+1

********bastard********sigh

Tomorrow, I think you should definitely buy MVIS tomorrow.

Lol, averaging down is getting a little old.

Dumped my MRIN money into MVIS and ....


Now SENS is flat for me too.

What’s the logic in Mavis hanging the ATM out there without filling it? It seems we get gut punched twice with it now, first on the announcement and next when ever they fill it.

Dammit, Mavis.

I'm waiting on .10.  I'm thinking about a big pull back at that mark.

Mvis & Me, both holding hands as they walk into the flames.  

Ouch. What happened? Jobs report? But I thought that looked good. The whole market is down.

My 2 big shares of NVDA the only thing in the green...

Pass the bottle

I think your right

With my decision to wait, the price will only go up now

Biden's clown world.

I threw another $800 at MVIS.  

Might want to check your calendar

Wait til he realizes tomorrow is Sunday and its a holiday.

MVIS no good

I was referring to next trading day.

but heck, at least I won't lose money trading tomorrow

@Fantomas thank you!

I am still looking. I am not an expert at all. Just a small fish who saw something that didnt look right and got lucky.

Nice!

So freaking cool!!!

Yeah i got scared too. Could have made more, but 31% profit in a day is good for me.

My plan today is to sell off a few looser that have been red for awhile now and buy move MVIS... which is red.

Don't steal my plan

Umm, that is my plan.  Except the buy more MVIS part.

my pleasure

Do you get MVIS on credit since you are buying with losses?

I wish... I am waiting though I don't see support for MVIS until about mid-$12's which is my close to my cost basis now.

ETA... I hope I'm wrong.

Did you get a sell order in?  After you posted I had an order hit at .093.  Assuming that my bet is wrong and their tech sucks, I should be holding 5x my original position at the next dip from swing trades, so I should be able to recover my investment without issue.  This has been consistent enough that I think it is a good investment to swing trade and eliminate some of the long term risks.  I am staying in.

Double kick in the dick.

MVIS really down and get mandated to work Tuesday my day off. There goes my 3 day weekend

I put the order and it sold - made 25% - very happy with this one and will get back in on a dip

For that author it is, in the sense that he gest paid to say that :)

This is the way.

I was finally almost back even with NVAX, so I went ahead and sold out of that and put it into MVIS at 15.77.

DPLS is my only green stock today.  Everything else is bleeding.

ETA:  Looks like I bought the dip properly for a change!

Sweet baby Mavis. Don't have a lions share like the rest of you but upped my shares to 316 @ 16.60 avg. Thinking of moar while it's down.

Damn. The short interest in MRIN actually went up.

It is 189% now.
Took a screenshot of a screenshot. Sorry if it doesnt work. Never had the ability to post a pic. Attached File

I've read that everyone in a position to do so on WS stretches their three day weekend into a four day, and a lot of the hedges sell into defensive positions. No idea if there's merit to the idea, but this is a sector down day on a NASDAQ up day.

The quarter ended, and reporting is required within 45 days. If memory serves they usually hold the EC in early August, so I'd expect to see the date announcement and some kind of teaser in the next couple of business days. By teaser, I mean "...and we'll talk Lidar progress", even if that talk amounts to "everything is on schedule and progressing as per plan".

IMO there's two ways of thinking about the ATM. They had a $20 share price the day it was announced. Since they weren't operating from a position of desperation with $70M+ in the bank, they would have either placed the shares that day, or are anticipating a price surge from the cards they're holding and intend to sell into that. I told Dave something he obviously already knows...that no attempt to defend the share price for a month is going to do serious damage to investor confidence and create a killing field for the shorts. Honestly, he didn't seem overly concerned, which I thought was kind of curious.

Buffett says the great CEOs pay almost no attention to the day-to-day stock movements of their companies, and concentrate on strategic execution to the exclusion of almost everything else. Knowing how far along they are at this point, it wouldn't surprise me if that's what's going on. Pretty much still boils down to one question...would you hire full strength, dilute to build a war chest, send out A-samples for verification and stand up a production line in Taiwan to start selling in Fall without a customer? Oh, and then do a public roll-out in Munich? If that's what Sumit is doing, it's the dice roll from Hell...and given the depth of his bench (the BOD) I don't believe they'd sanction that approach. We may be still waiting a signature, but we have to be damn close to it...again, in my opinion.

Meanwhile, depending on who you believe (and it's gotten to the point that the retail community has discovered the "short interest" reporting is a complete shell game...but hey, I'm sure it's ALL perfectly legal) the total short interest has built to an all time high...30M+ shares. This, despite the moratorium some of the larger banks placed on shorting AMC, GME and MVIS. The people watching this closely claim the shorts are building towards an unsustainable FTD level. I do know they've made these predictions before, and the hedge funds have miraculously wiggled free every time.

Disclaimer: still long, and holding 66K.

Sold my two shares of NVDA and bought more MVIS.

Mmm.  Not a chance, keeping my NVDA

The more I thought about the ATM the better my 2nd analysis looked.

Company lays out the ATM at $20.54 and I know they can fill the $140M at any pps, but uses that as a scope for measure of dilution.
They are not strapped for cash just bolstering the balance sheet to look sexier as a production partner.
They also know the short interest will cause another pps peak, maybe even higher than the last few.
Therefore they wait for the pop after the Russell rebalance and use the shorts to fill the ATM @ $20.54 or higher.

We are seeing the short interest shake everyone out they can before they start/attempt/weasel their asses into returning the huge volume of shares borrowed.

Disclaimer: my MVIS position is 335 shares plus 5 $20.50 strike calls expiring 9 July

Yeah, since I purchased NVDA a month or so ago, it's the only thing consistently going up.

I suspect on the split ex-date it's going to rocket.

Holy shit I'm even on my 5000 shares of EEENF again!  Of course to sell I need to pay $50 fee again so I guess I will continue to hold out hope for a pop.

Bombardier has been nice to me.

ha!  not me.  Still pretty much has to double again for me to break even.  Only down a few hundred so not sweating it too much.

If you buy into NVDA now, before the split date do you get 4 for 1 share?
I ask because I thought I heard something about a cutoff date in June for ?

June 21st was the cutoff date.

What I don't understand is that if you were to buy in after that date what happens to your share price.  Does it still show as if you have the same amount of shares you had, just valued at 4x the new share price after the split occurs?  I don't know.

https://www.nasdaq.com/articles/its-not-too-late-to-take-advantage-of-nvidias-stock-split.-heres-why-2021-06-25

SNIP:
"The good newsWhat's missing from NVIDIA's press release is the ex-dividend date. Because the stock split is being initiated in the form of a stock dividend, the ex-dividend date governs which investors are eligible to receive the newly split shares. In this case, NVIDIA's stock split goes ex-dividend on July 19, according to a spokesperson for brokerage house Charles Schwab.

This means that investors can buy NVIDIA shares right up to July 19, and still be eligible to receive the additional shares from the stock split once the shares begin trading on a split-adjusted basis when the market opens July 20."

That's where I am with my little bit of MINE and SXOOF- cost to much to get rid of it, lol

Anyone who owns the stock prior to the actual split date will be in on the split.  The broker who sold you the shares will make sure the split gets assigned to you , even if you bought after the record date.

Can you see your dollar cost average on the Schwab app?