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re: LiDAR stocks

Posted on 12/22/20 at 1:51 pm to
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30555 posts
Posted on 12/22/20 at 1:51 pm to
Keep up the good fight man
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/22/20 at 2:11 pm to
Damn, they actually might have sold the company already. This can't just be a pump on Apple Car news.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30555 posts
Posted on 12/22/20 at 2:15 pm to
That’s what I am trying to figure out
Posted by BehindtheWoodshed
Louisiana
Member since Sep 2007
2334 posts
Posted on 12/22/20 at 2:21 pm to
What does that mean for us if it already sold guys?
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/22/20 at 2:28 pm to
The theory is that the company that ends up buying will be the one playing a part in making the share price rise(what we are seeing now) to a level where a normal buyout multiple is palatable for their shareholders.

I'm assuming no more than a 2x from the current market cap. So we are looking at about a $2.5b buyout as of now. Obviously the price could continue rising to whatever pps the bidder needs it to be in order for it to not look ridiculous to their shareholders.

The other theory is that a company like Google makes an investment at a certain valuation(say $2.5B)...and that news leak is causing this rise in pps.

I'm assuming we see no less than $17/share when all is said and done here.
This post was edited on 12/22/20 at 2:30 pm
Posted by BehindtheWoodshed
Louisiana
Member since Sep 2007
2334 posts
Posted on 12/22/20 at 2:40 pm to
Awesome. Thank you for that info. I’m obviously green.
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1380 posts
Posted on 12/22/20 at 5:43 pm to
quote:

MVIS - MicroVision I think this is the best short term play because they are 7 months into buyout negotiations and claim to have LiDAR tech that will best everyone. Mass production-ready sample set to be released in 4 months. They also recently added a new board of directors member with previous ties to Ford.


MVIS was on my WATCHLIST - after reading your post, I went ahead and bought. Thanks! Still holding, bought @ $3 added additional over the last 2 days. I have a nice position 1/2 the current price. Personally I am not dreaming of a Apple Buy-Out, I feel MVIS is worth more - PT $30+
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/23/20 at 8:33 am to
Very nice!

I finally caved and sold about 5% of my MVIS shares yesterday around $9.20 to secure some profit.

Might end up regretting it later today but there are just too many shorts swarming for my liking. Plus, I don't think a retrace would be a bad thing here.

I'm curious to see if the shorts can manage to take this back down to fill the gap around 5.80.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10400 posts
Posted on 12/23/20 at 8:41 am to
I just reloaded on this current MVIS dip.
This post was edited on 12/23/20 at 8:42 am
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/23/20 at 8:43 am to
If you snagged in the low 7s
Posted by MeauxMoney
Baton Rouge, LA
Member since Dec 2010
504 posts
Posted on 12/23/20 at 8:48 am to
Whats up with LAZR today?
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/23/20 at 8:50 am to
Risky play. No support in sight for mvis
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/23/20 at 9:14 am to
Hindenburg Research is attacking MVIS. It's hilarious and totally wrong, but most people won't put the effort in to doing their own DD on MVIS so yeah, this could pullback even further from here. The Street was running with it too and Cramer tweeted about MVIS last night.

Twitter

I will be looking to rebuy around 5.80 if it wants to fill this gap. But the green lines are previous long term resistance levels that might get tested.

This post was edited on 12/23/20 at 9:20 am
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/23/20 at 10:03 am to
quote:

Whats up with LAZR today?



Most LiDAR stocks are cooling off today after that Apple car news pump. Cramer opened his show yesterday by bringing all these stocks back down to earth a bit.


CGRO still running though. I think they are working with BMW.
This post was edited on 12/23/20 at 10:05 am
Posted by TankBoys32
Member since Mar 2019
2802 posts
Posted on 12/23/20 at 12:10 pm to
Should one sell now and rebuy later or just hold after this drop?
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/24/20 at 8:45 am to
My plan: Buy low. Sell (some) high. Rinse and repeat.
Posted by James11111
Walnut Creek
Member since Jul 2020
4659 posts
Posted on 12/24/20 at 9:34 am to
I bought back in at $7. Regretting it early. Maybe I should have listened to the guy saying a fair price was 4.50.
This post was edited on 12/24/20 at 9:36 am
Posted by Jag_Warrior
Virginia
Member since May 2015
4101 posts
Posted on 12/24/20 at 12:32 pm to
quote:

CGRO still running though. I think they are working with BMW.


As of today, I’ve reduced my LAZR position by about half (plus covered calls). Now looking hard at CGRO. I also just read about a partnership connection with Magna and Aptiv once the merger with Innoviz is complete. I think that’s where the relationship with BMW also comes into play.

Again, thanks for bringing this sector to our attention. And a Merry Christmas to you.
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 12/29/20 at 10:10 am to
Tesla Model Y spotted with Luminar's Hydra LiDAR sensors



Twitter
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5416 posts
Posted on 1/4/21 at 8:38 am to
Apple Veterans’ Lidar Startup Adds $200 Million to SPAC Deal

Bloomberg

quote:

Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.

The funding from Sylebra Capital Management is expected to boost the total proceeds from its planned deal with InterPrivate Acquisition Corp. to $563 million, an Aeva executive said. Investor interest in Aeva is part of a wave of financing deals targeting next-generation auto-related companies focused on fields such as battery-electric and driverless technology.
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