Originally Posted By luckydog1776:
Is it too late to buy into this dumpster fire at $1?

Originally Posted By Osprey61:
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. 

Originally Posted By jestice75:
So it has quadrupled over the past month and some of you guys are still holding it?

Originally Posted By shadycoh:



my guess would be tons of people had $1 limet set so it auto triggered them all.

Originally Posted By luckydog1776:
Is it too late to buy into this dumpster fire at $1?

Originally Posted By shadycoh:
looks like the $1 timer is going to have to get reset unless it moves a bunch in 10 min

Originally Posted By prill64:
guess it all comes down to the earnings calls now

Originally Posted By FDrifting:
So is an earnings call just a report for the profit from the first quarter? And does that mean higher the profit the more likely the stock value will rise?

Originally Posted By dcs12345:
Will it make it down to .8 before close.....let’s see

Originally Posted By FDrifting:
So is an earnings call just a report for the profit from the first quarter? And does that mean higher the profit the more likely the stock value will rise?

Originally Posted By prill64:


An earnings call shares the financial results for the quarter.

In this case First Quarter.

One thing I'd point out is that companies give forward guidance on their performance, and the market analysts set expectations of results.

It's really more of a game about meeting or beating expectations than purely making profit.

For example, MVIS consensus estimates are a loss of 4 cents per share.  If they were to beat that and lose 2 cents per share that would generally be seen as positive (they did better than expected).

Conversely a big company could be expected to make 2 bucks a share, but come up short at 1.50, and if that was a surprise the stock could declne.

It's all about context.

That said the Market has been bananas lately, and this is the penny stock market so logic left town a while ago.

MicroVision Announces First Quarter 2020 Results


REDMOND, Wash., May 07, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ:MVIS), a leader in innovative ultra-miniature projection display and sensing technology, today announced its first quarter 2020 results.

Revenue for the first quarter of 2020 was $1.5 million, compared to $1.9 million for the first quarter of 2019. MicroVision's net loss for the first quarter of 2020 was $4.9 million, or $0.04 per share, compared to a net loss of $8.1 million, or $0.08 per share for the first quarter of 2019.

“We are committed to finding strategic alternatives that maximize the value of the Company for our stakeholders.  With the help of our financial advisor, Craig-Hallum Capital Group LLC, we have approached a global list of targeted companies and are diligently exploring all options including the sale of one or more of our module product verticals and related technology or a potential sale of the Company,” said Sumit Sharma, MicroVision's Chief Executive Officer.

“During the first quarter we took many steps to manage costs and create a runway that we expect will give us time to complete a strategic transaction.  We transferred responsibility for component production to our April 2017 customer and sold production assets, which lowered our costs and working capital requirements.  In addition, we initiated a 60% reduction to our workforce and curtailed non-essential expenses,” said Sharma.

Financial Results Conference Call

The Company will host a conference call to discuss its first quarter 2020 results at 2:00 p.m. Pacific Time on Thursday, May 7, 2020. Interested parties can access the call from MicroVision’s website on the Investor Relations Events Calendar page at https://microvision.gcs-web.com/investor-event-calendar  or dialing 877-876-9174 (for U.S. participants) or 785-424-1670 (for participants outside of the U.S.) ten minutes prior and request to be connected to the MicroVision First Quarter Financial and Operating Results Conference Call.

The conference call will be available for rebroadcast from the Investor Relations section of MicroVision’s website on the Investor Relations Events Calendar page.

About MicroVision

MicroVision is the creator of PicoP® scanning technology, an ultra-miniature sensing and projection solution based on the laser beam scanning methodology pioneered by the Company. MicroVision’s platform approach for this sensing and display solution means that its technology can be adapted to a wide array of applications and form factors. We combine our hardware, software, and algorithms to unlock value for our customers by providing them a differentiated advanced solution for a rapidly evolving, always-on world.

MicroVision has a substantial portfolio of patents relating to laser beam scanning projection and sensing.  MicroVision’s industry leading technology is a result of its extensive research and development. The Company is based in Redmond, Washington.

MicroVision and PicoP are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners.

Forward-Looking Statements

Certain statements contained in this release, including those relating to strategic alternatives, sale of our product verticals or technology, sale or merger of the Company, managing costs, completing a transaction, the Company’s future products and product applications and those including words like “expect” and “exploring” are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those projected in our forward-looking statements include the risk that the Company may not succeed in finding licensing or other strategic solutions, including a potential sale of the Company, with acceptable timing, benefits or costs, the Company may be unable to evidence compliance with Nasdaq criteria within the period of time that was granted by the Nasdaq panel, our ability to operate with limited cash or to raise additional capital when needed; market acceptance of our technologies and products; and for products incorporating our technologies; the failure of our commercial partners to perform as expected under our agreements, including from the impact of the COVID-19 (coronavirus); our ability to identify parties interested in paying any amounts or amounts we deem desirable for the purchase or license of intellectual property assets; our or our customers’ failure to perform under open purchase orders, our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and develop partnership opportunities; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market our products; potential product liability claims; our ability to maintain our listing on the Nasdaq Stock Market, and other risk factors identified from time to time in the Company's SEC reports, including the Company's Annual Report on Form 10-K filed with the SEC. These factors are not intended to represent a complete list of the general or specific factors that may affect us.  It should be recognized that other factors, including general economic factors and business strategies, may be significant, now or in the future, and the factors set forth in this release may affect us to a greater extent than indicated. Except as expressly required by federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason.

Originally Posted By TexasOutdoorsman:
waiting for the webcast to start now.....op, you've started some shit here...i used to just troll this place for gun deals and stuff 

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.

Originally Posted By TexasOutdoorsman:

https://microvision.gcs-web.com/events/event-details/microvision-q1-2020-financial-and-operating-results-conference-call
not for another 45 minutes or so...

or, hey...see above...guess its released early

Originally Posted By Osprey61:

The earnings don't matter right now...they met expectations. It's about what gets said now. This is in the release:


"We are committed to finding strategic alternatives that maximize the value of the Company for our stakeholders. With the help of our financial advisor, Craig-Hallum Capital Group LLC, we have approached a global list of targeted companies and are diligently exploring all options including the sale of one or more of our module product verticals and related technology or a potential sale of the Company," said Sumit Sharma, MicroVision's Chief Executive Officer.

"During the first quarter we took many steps to manage costs and create a runway that we expect will give us time to complete a strategic transaction."

I have no idea what that means, guess we're about to find out. Never did buy today, but I'm riding my shares through the ASM.

Originally Posted By Osprey61:

The earnings don't matter right now...they met expectations. It's about what gets said now. This is in the release:


“We are committed to finding strategic alternatives that maximize the value of the Company for our stakeholders. With the help of our financial advisor, Craig-Hallum Capital Group LLC, we have approached a global list of targeted companies and are diligently exploring all options including the sale of one or more of our module product verticals and related technology or a potential sale of the Company,” said Sumit Sharma, MicroVision's Chief Executive Officer.

“During the first quarter we took many steps to manage costs and create a runway that we expect will give us time to complete a strategic transaction." 

I have no idea what that means, guess we're about to find out. Never did buy today, but I'm riding my shares through the ASM.

Originally Posted By prill64:


It means there won't be any announcement.  That they spent the first quarter slimming down and cutting their cash burn rate so that they can be around long enough to push a deal through.

No deal on the table, or that they're announcing.

I doubt the call will go differently.

Originally Posted By Osprey61:

The earnings don't matter right now...they met expectations. It's about what gets said now. This is in the release:


“We are committed to finding strategic alternatives that maximize the value of the Company for our stakeholders. With the help of our financial advisor, Craig-Hallum Capital Group LLC, we have approached a global list of targeted companies and are diligently exploring all options including the sale of one or more of our module product verticals and related technology or a potential sale of the Company,” said Sumit Sharma, MicroVision's Chief Executive Officer.

“During the first quarter we took many steps to manage costs and create a runway that we expect will give us time to complete a strategic transaction." 

I have no idea what that means, guess we're about to find out. Never did buy today, but I'm riding my shares through the ASM.

Originally Posted By burnka871:


Well that's not vague at all

Originally Posted By KaiK:
Clownenomics says it will go up.  

Originally Posted By TexasOutdoorsman:
waiting for the webcast to start now.....op, you've started some shit here...i used to just troll this place for gun deals and stuff

Originally Posted By KaiK:
https://www.AR15.Com/media/mediaFiles/173565/Screenshot_20200507-161548_thinkorswim_j-1405676.JPG

Clownenomics my bros.