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re: LiDAR stocks

Posted on 12/11/20 at 1:11 pm to
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/11/20 at 1:11 pm to
Well the company is backed by Peter Thiel and was probably just running on IPO hype for a couple days. It's coming back down to reality.

They aren't actually mass producing any products right now. None of these companies are, at least for solid state LiDAR. For 2019 Luminar had revenue of $12.6 million and a net loss of $94.7 million.

These companies are still several years away from legit revenues.
Posted by ks_nola
Bozeman
Member since Sep 2015
500 posts
Posted on 12/11/20 at 1:27 pm to
Not convinced MVIS is truly in buyout negotiations. CEO said the company is for sale and that some players were doing their own DD. Haven't heard of an actual offer which would then lead to negotiations. However I'm hoping for the best since I've been sitting on 2k shares with a $1.05 avg.
Posted by el Gaucho
He/They
Member since Dec 2010
53010 posts
Posted on 12/11/20 at 1:28 pm to
Lazr was a bad bet for me lol

Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/11/20 at 1:59 pm to
It feels like this will all start with a strategic investor/minority stake, maybe in the next 60-90 days, especially with the way LiDAR is being hyped right now. I could see Ford maybe jumping in here to snag a piece to go along with their VLDR stake.

Also note that the 9 year monthly resistance trendline was broken last month. I'm fully expecting this to retest $3.45 in the very near future.

If someone does seriously want to buy the entire company, I don't see Microvision letting it go for anything less than $1b or about $7/share. There is simply too much potential with their tech/IP.

Good luck!
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 12/11/20 at 3:20 pm to
INNOVIZ CEO, Omar Keilaf, is on CNBC right now talking about his company’s prospects and the future of this sector.
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 12/11/20 at 3:24 pm to
quote:

Lazr was a bad bet for me lo


Where did you buy in?

I’m sitting on 12/18 30 strike short puts. Pretty dramatic downdraft this week.
Posted by turkish
Member since Aug 2016
1760 posts
Posted on 12/11/20 at 6:03 pm to
Cuz o’ this guy. Smdh
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2702 posts
Posted on 12/13/20 at 2:52 am to
People taking gains.

I've got a couple of thousand shares and paid $18.51.

QS got in at about $15.

Both of these were up HUGE, but have pulled back. I think LAZR is the technology of the future, not simply one of makers, but rather the system that will be in MOST cars. This is a long play for me.

LCA is another one we own, meeting on the 18th, thinking this will be bigger than DKNG.
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4205 posts
Posted on 12/15/20 at 1:06 pm to
IPV sub $13
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/15/20 at 3:11 pm to
MVIS
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 12/15/20 at 3:51 pm to
quote:

Shares drop more than 17% for fifth consecutive decline after hot start on the public markets

Luminar Technologies Inc. stock dropped more than 17% on Tuesday, extending its losing streak to a fifth consecutive session, as word that Mobileye plans to make its own lidar sensors reached investors.
Posted by BehindtheWoodshed
Louisiana
Member since Sep 2007
2334 posts
Posted on 12/15/20 at 5:13 pm to
I got in at 2.69 after your initial post. Today was a damn fine day! You the man!
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 12/15/20 at 9:34 pm to
stay away from MVIS...just search this board....same song and dance for 2 decades...meanwhile bagholders have been diluted to sh*t...
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/16/20 at 12:14 am to
I would agree with you if they hadn't announced they were looking to sell the company. But they are, and the tech/IP can't be denied. The LiDAR sector is simply too hot right now and will play a huge roll in EV market.

Mobileye news (bad for LAZR)

This is now all about who can make the smallest, cheapest, best performing sensor. MVIS' IP/tech is a legit contender and it's still being underpriced based on LAZR, VLDR, CGRO, and IPV valuations.

MVIS Press Release

And can we talk about the monthly chart!? It broke a 9 year resistance trend last month! Sure, it might retrace at this 4.20 level, but if the volume keeps coming or they drop news, then it has a chance to go rocket mode.

Posted by ks_nola
Bozeman
Member since Sep 2015
500 posts
Posted on 12/16/20 at 8:25 am to
Yes the Lidar market is hot and MVIS has legit tech hopefully its not just another pump. depending on when you got in I think its worth the risk. If any decent PR drops or more FORD rumors circular this thing will jump another 30-50%. I sold enough shares yesterday at $4.22 to cover my initial investment but I bought in at $1.06
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/16/20 at 11:47 am to
I’ve been in and out of MVIS over the years but I still have a decent core just under $2. I don’t plan on selling any shares again until this clears $5.

I am now looking to build a bigger position in IPV/AEVA though.
Posted by Jag_Warrior
Virginia
Member since May 2015
4106 posts
Posted on 12/16/20 at 5:59 pm to
The bleeding and beating of LAZR finally let up today.

A combination of two releases from this afternoon:

quote:

Luminar Technologies (LAZR) was up more than 9% after the company and Intel (INTC) unit MobilEye said they are affirming their previously announced deal to collaborate on assisted driving technology.


quote:

Luminar Technologies shares are trading higher after Northland Capital Markets upgraded the stock from Market Perform to Outperform.

-Analyst Actions: Northland Upgrades Luminar Technologies to Outperform From Market Perform, Keeps $41 Price Target

Posted by DawgCountry
Great State of GA
Member since Sep 2012
30556 posts
Posted on 12/17/20 at 10:09 am to
MVIS killin it again. that 1.39 entry
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/17/20 at 10:29 am to
There's the move I was waiting on!

Posted by BehindtheWoodshed
Louisiana
Member since Sep 2007
2334 posts
Posted on 12/17/20 at 10:51 am to
I’m new to this. Really new. Break that graphic down for me if you would.
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