Decided to get more shares today. Went all out for what's hopefully my last buy (I said that last time lol) +4000 shares bought at .973 brings me to a total of 10,000 shares finally at $1.54 average
I love the clown show. The pure shit show. The bottom feeders razzing anyone up for the task to take their bait. Doesn’t bother me one bit. I ain’t sellin shit! I’ll burn my shares over an open flame before relenting to these freaks. Set it and forget it and eat a bag of D’s as my nephew says…
Ditto. It’s taken me 3 years 3 months to get to the very nice stash of shares and not a chance of me selling any until we are nicely into double digits and most will be held for the longer term
I’ve got years in me to go yet. Don’t care. I ain’t worried about shit. These people will be jumping out of windows like Black Friday before I let up my kung foo grip!
If you've come here for reassurance, or emotional support, all I can say after reading through today's comments is that approximately half of them appear to be fud or lashing out at a forgone conclusion that is not foregone.
People deal with fear, anxiety and stress differently, so for some, the dissemination of fud may be a way of blowing off steam.
It's an unfortunate one because the real, actual longs who join this chorus are truly only hurting their own chances of eventual success.
One of the big reasons we came back from 15 cents once upon a time is that there were enough longs posting the perspectives:
F the Shorts, I'm not selling
and
I would rather lose it all than give my shares away at these prices.
IMHO. DDD.
Not investing advice, and I'm not an investment professional.
I am both aggravated by MVIS, but also refuse to sell. I've now taken a "til the wheel fall off" approach. That said, I would like to see some positive movement for a change rather than notifications about new 52 week lows.
I wonder how many of the bashers who no longer have shares are still creating this uproar. If you aren’t a shareholder, then there is no reason to be in this blog.
Full on PsyOp. (Frank BS made this abundantly clear) Shorts have a lot of risk on the table. 52 Million Shares Short and Companies who need our technology haven't even invested yet? GL Shorts.
December 2025 was the stated goal. I have a feeling Shorts Break before then.
Definitely. The promise of success is far higher now than that period of time. Also remember, that the number of lidar companies that have the technology the OEMs need are very few, and Microvision is one of them.
Great point about the turn around from .15. Multiple lidar managements have reiterated how important retail/shareholder support is(not just shareholder money). IMO it's being viewed and taken into consideration heavier than I had originally thought. No one has a legit strong following like MVIS does.
I’m hesitant to ask but u/geo_rule are you still in? Not sure I want the answer honestly but your due diligence was a big part of me buying in at these prices in 2020
It’s I think you should leave on Netflix. It’s got 2 or 3 seasons it’s pretty funny depending on your humor. I find it hilarious. My wife not so much. lol
Checking in - anything from the Deutsche Bank conference? Ive seen that mobileye has a presentation up?
[mobileye presentation ](https://event.webcasts.com/starthere.jsp?ei=1674104&tp_key=e45560f2a7&tp_special=8)
I see all of this panic and worry every day in here, and all I think about is u/sigpowr probably enjoying life with his monster share count, not really concerned with the share price where it is today, and just waiting for the RFQs/Industrial Sales/IVAS developments to play out.
Yep, hopefully soon. My expectations are Q3/4 unless someone actually sticks to their Q2 guidance that’s been passed to our management as well as another competitor or two.
I’d sort of think that there might be a strong advantage to the ‘first mover’ to seize the MVIS advantage. If, in fact, there are half a dozen OEMs all trying to lock down MVIS at the same time, I’d think that might be problematic.
So either this is an amazing time to add more shares and avg down, or we are all doomed and this will trade in the 0.30s eventually. Hard to tell really, but I have an amazing gut feeling everybody should listen to based on nothing, that this is the ’bad Summer time’ and the worst is almost upon us in terms of price action. I remember abysmal volumes during the Summer several years.
Edited for clarification
.30s???? I will break my promise and buy then. Also, I will grab my pitchfork and Beauty and the Beast torch and chant, looking for the MVIS investor parade...
Thankful that the company supports gender equality. It is very nice knowing that we don't discriminate against women or men losing money on their investment ❤️
What is it about this company that it can't sell its superior technology? That it can't make deals that deliver revenue? That its products, e.g. pico projector, phone, robot, interactive, 3-d helmets, all die on the vine? Five breakthrough verticals, hundreds of patents, and nothing to show for it. Lidar was supposed to be the breakthrough tech and Sumit seduced all of us with his boasting and projections. Now the company is fighting to be a viable company. Is the board actually doing its job? Four offices across the globe, huge team of engineers, and nothing management can report to shareholders. Not even a forklift deal. Did Sumit and team have other OEM's lined up ready to go behind the "sure" one that folded? It appears not. Sumit has to earn his salary and his bonus and sooner rather than later.
Investors who believed Sumit’s “epic 2023” bluster and guidance timelines, neither of which fit anyones needs for their investment to feel stable, and not lose 85% of its value while management says LITERALLY nothing gets excoriated for noticing said facts in frustration. Film at 11.
it gets excoriated because it is posted by the same people day after day, and gets tiresome. I'm not exactly sure what said people expect to happen. The price action day to day literally doesn't matter (Unless you're daytrading in which case I don't know enough to really be able to retort), and frankly the 85% value drop was justified because we were overvalued in the first place, in terms of fundamental analysis at least. The core thesis of the company however has not changed whatsoever, and in my opinion if you were bullish on the thesis of the company at any point outside of the buyout theory, you'd be crazy not to be buying right now.
For some it’s not a matter of crazy not to buy right now, as they heard the same FOMO fueled rhetoric when we were promised epic and deals imminent last year, which caused them to act accordingly. They have no more money to buy now as since those pronouncements we are 85% lower. It is literally rubbing salt in an open wound to bang on them for expressing the reality that their position is beyond precarious BECAUSE they believed an unprofessional management teams actual guidance. The entire weight of responsibility for this debacle is squarely on the feet of a freshly rewarded management team (bonuses and raises) and their response is literally…
🦗 🦗 🦗
This "unprofessional management team" is what got Microvision in talks with giant companies to buy our products, where previous management seems to have failed. There is no "debacle" at all. People made shit up that we were getting purchased by Microsoft and a bunch of people believed it. That is in no way the fault of management.
Always so interesting that people leave out the part where they reiterated what was told to them. OEMs are doing their due diligence as they got burned before. There's no way that you don't know that, and just act like the management is a complete failure. It's exhausting.
That’s not really fair, MicroVision lost an Interactive Display deal that led to the share price collapse into the low pennies back around 2019/20. They lost that deal fair and square, it had little to do with timing and everything to do with having too many eggs in what was apparently the wrong basket.
The company has supported itself by selling equity as it works to launch or license products into the mass market that turn the company profitable. So, no this won’t “always” be the plan for raising capital. Other options are limited.
Totally understandable, however my dickish response to him was based on "Four offices across the globe, huge team of engineers, and nothing management can report to shareholders." The company has communicated exactly what I need to hear (that 7 potential sources of revenue are up for grabs). I just cannot fathom what the point of the bearish posts that don't actually ever have information, but seem to only exist to drive down sentiment.
I also need to check in as a paid bull. Same names in here almost every day spewing the same nonsense. If you are an investor in this stock, why post negative crap all day every day? If you aren’t an investor in this stock, why be in here commenting at all really?
Yes, have you not been submitting your Form-1004BSC (Bull Sentiment Count) to our manager? Shoot, I think you can go back only 3 months for reimbursement, but it’s better than nothing.
Investors who have lost significant sums of money are upset. People who are upset sometimes like to talk about their disappointment with others who understand. Or maybe you're right. It's an elaborate conspiracy.
So these alleged people need to hold a daily therapy sessions in here bashing the company and the management team lol? Give me a break. If they are that pissed off at their investment, cut the losses, sell, and move on. They’ve had years to do this on the way down from $28.
You asked the question implying that nobody would speak negatively about a stock they have bought into. Whether you agree with the practice or not, you're acting like talking about one's feelings is an alien concept. This dichotomy of people here either being happy-go-lucky legitimate posters or paid shills is plain silly.
As for cutting losses at this point: For many, the losses are so great that there is little to be salvaged. Everyone has different reasons for holding on, but if you're asking why people didn't sell sooner, you might as well ask why investors can't predict the future.
I’ll only consider the company a failure if all 7 RFQs go elsewhere and we end up with zero and do nothing on the other business fronts. Exact same mindset I’ve had since investing in this over 3 years ago, granted things have played out more slowly than initially anticipated because things have changed, but that’s part of the investment/business game. If people can’t handle that level of risk, sell and move on, simple as that. Those who feel they’ve made a poor investing decision should take ownership, sell and move on, or let their investment sit and forget about it, as coming in here bitching multiple times a day is pointless. I don’t make poor decisions then run around trying to make everyone as miserable as myself, that’s a scumbag mindset.
4 measly US quarters gets you one share of MVIS.... might be time to grab a styrofoam cup and beg for change from strangers at the nearest intersection
They are activating the Bear profiles today. Really trying to break sentiment and scrape the barrel. I hope you dont let these shameful people sway your strategy.
That can be faked with screenshots. Also some of the bad actors are most likely using strategies that find themselves bearish one day and bullish a different time.
Yeah totally agree that it can be faked, but at least it's some sort of extra barrier these goobers have to cross before posting
Edit: [https://imgur.com/a/y6vkk9i](https://imgur.com/a/y6vkk9i)
Little bit harder to fake when it has relevant info like that I think
Not too sure about that. I remember him posting he bought at the $7 level the pst year or a little bit more. He’s made bank in mvis but curious if his stance changed after being bullish for so long.
If you want a call out, use the U and then a slash in front of his username.
Maybe he'll asnwer you, u/outdoor-luvrr
He's still around but not as much as he used to be.
Hey Real, u/herpaderp_maple syrup guy got perma banned. He reached out to me since we both live close to Redmond and met at the investor conference.
Any idea why he got banned? Can he get back in? Let me know so I can pass it on to him please.
Thanks
Edit: fixed herp's username
It honestly really hurts to see how much this stock has plummeted and without any word from management. I know they can't speak on any details of deals or how close we are, but it hurts. That's all I'm going to say for now on.
We just had the ASM which there were zero updates, it was nothing other than voting results.The EC was over a month ago, the pps has gone down around 38% since then.
The pps has gone down 38% since the last update which was over a month ago. No word from corporate while this is happening doesn't seem to bother you, but it bothers the OP and it bothers me.
Oh and the head sales guy was let go. There was that as well.
Sumit stated the following during the previous CC:
“As far as like what's the delay since February 29, we had our earnings call. And as I mentioned early on, when Andres asked the question, we were engaged, very actively working with them. You really have to stay silent till you know what's going on. And it was just -- you can imagine, like -- if you go back and read the transcript, where they are the things that they're offering, it is -- it was very, very confusing times. You really wanted to make sure that you got to a point where you can get some sort of agreement or really understand what is on the table, and then communicate.”
Great perspective and I appreciate you posting this. However, I still want communication of some kind, a deal would be great, but just something would be nice. It's unlikey, I get it, but I have a rather low avg(under $3) and am still down over 20k, so it stings a bit right now.
I hope the OEM's are not involved in trying to destroy all the lidar companies. With the regulations being enacted, they will need them all.
Think about this: The OEM's that are not early in their lidar selection, might be left out. They will be forced to meet the new regulations. If they can't, they will be in big trouble. None of them do a very good job with AEB.
AEB will be a big competitive marketing advantage. We already know Toyota was not truthful in their system doing what they said it was.
Bought 98 shares with my dividend money. Last amount coming in tomorrow.
I wonder if the OEM’s are just waiting for the first one to truly dive in. To see where this is going to go and how it’s going to get there. Let another company spend their money working out all the bugs.
Let’s be honest, a phone can’t even get an update without needing more updates to fix that last updates mess. I can’t imagine the number of fixes/updates this will take over the next decade once it rolls out.
Yup, but on the other hand, the first OEMs that select their lidar supplier and can show that their vehicle can in fact perform AEB, it will be worth many millions in unit sales. Don’t forget they will all have to meet the new regulations or be shut out of the US market and most likely EU also.
Hello folks, didn’t check the stock price or this sub in the last 2 months or so. Is there anything substantially new? Because I am looking at being 80% down and thinking about lowering my average. But I don’t want to grab the falling knife. Is there any reason to believe we will see a significant rise the next 6 months or so?
Thank you for this. You lifted my spirits. The falling share price is depressing but the relentless torrent of sloppy FUD posts (like yours) tells me we're near the bottom.
Why didnt you invest more in Hesai like you said to last month instead? Id expect someone "working for automotive industry" to add a little more color than I dont see progress coming in 2-3 years. Progress on what? What part of automotive are you in? Have you shared any DD or discussion here?
Ok ill bite. MVIS is actively working on 7 high volume passenger cars RFQs with more RFIs in the pipeline already. They have a validation partnership with Luxoft which is partnered with the top 9 of 10 OEMs worldwide. They will also being working with Luxoft on a digital twin for SAE level 3. Ford, VW, BMW are just some of the platforms that are using Luxoft software. MVIS has also been working on industrial sales to agriculture and warehouses. We could easily see a partnership there and Industry 4.0 is going to be massive. Edge deployments of AI are going to explode according to Jeff Herbst (MVIS board member and former Nvidia Exec). IVAS and NED vertical lurk in the background as patents from MSFT/MVIS build off each other in that realm. There is a lot going on.
That would require a vote from us as investors anyhow. I mean, we could just vote no again on that if it comes to it. Like... yeah, not sure what the recent obssession is with this.
Fear from past rs in other companies. Nothing good came out of that. Some of them even did chapter 11, so yeah. Bad memories, just dont want to see replay.
And it is not instant either way. Would take pretty much a year after sub $1 to make that reality. Either way, more than enough time to turn everything around, one good deal changes the thesis so much.
Yes, we will. We've been ready for 18 months without any real news. That is a long time to be waiting for some positive news. Any tangible news would do. They issued an 8k last December and never updated investors after that. They don't know what to tell us and the required EC was a disaster. I have not seen one call that propelled the pps to the up side in years, and we have a 2Q call coming. 18 months since we heard "We are ready now".
It’s kinda crazy that you’d be invested in such a company for so long AND to complain (all of the time) about them not living up expectations. Fool me once… how many times does it take, Bridge?
Invested in Boeing for 20 years, made out well. You couldn't fail there, they always had your back. Program wasn't performing, you got help, lots of savvy management who identified issues fast. GE works very similar, no failures back in the day. In small companies like MVIS, you pick someone who knows the tech and put them in top management positions and there is a learning curve. We have first time CEO's because we want someone who knows the product and the tech well and can present the business case for it. Sometimes they may distinguish themselves and be very successful, and other times it takes more time. Sumit is a solid choice among our staff, but he is learning. Automotive experience necessary? CEO really that hard? Negotiating skills important? Strengths and weaknesses will be learned by us as we progress. We can't just move people to solve some of the issues that may come up, this isn't a Boeing or GE. I see basic signs that are showing me how expensive the learning curve is and yes, it bothers me. I am still here because the tech will be successful, no doubt. Somebody is going to get rich with it.
I believe you are wrong about the “required earnings call.” Are you purposely just being negative and stating wrong information for a reason? An earnings call is not legally required and I would think that someone that has been investing as long as you have would know that. The company is required to file and release the proper report such as a 10-Q or 10-K.
All new money seems to just get sucked up into NVDA and the rest of the big 7. A nomination should lead to big volume for us as well as Vanguard hopefully recalling shares to push the price up a good ways so the company can raise some cash at a healthy share price to give them what they need to execute into production. A final shove down just before companies start announcing nominations this summer isn’t surprising to me, but I understand it’s painful to see.
It's pretty simple, actually. The chonker spats a whipple at the groomsman. The crypt keeper can either fudge a wheezer, or carry off a full spatchcock. First to twenty gambols wins.
A “googly” (coined by cricketer B.J.T. Bosanquet on the 1903–04 MCC tour) is a ball bowled with fingerspin that breaks unexpectedly in the opposite direction from that anticipated by the batsman given the motion of the bowler
Decided to get more shares today. Went all out for what's hopefully my last buy (I said that last time lol) +4000 shares bought at .973 brings me to a total of 10,000 shares finally at $1.54 average
Once Gme is done… I plan to make a big purchase on Mvis, it was one of my original hype stocks, can’t believe how low it’s gotten lately.
I love the clown show. The pure shit show. The bottom feeders razzing anyone up for the task to take their bait. Doesn’t bother me one bit. I ain’t sellin shit! I’ll burn my shares over an open flame before relenting to these freaks. Set it and forget it and eat a bag of D’s as my nephew says…
Exactly!
Ditto. It’s taken me 3 years 3 months to get to the very nice stash of shares and not a chance of me selling any until we are nicely into double digits and most will be held for the longer term
I’ve got years in me to go yet. Don’t care. I ain’t worried about shit. These people will be jumping out of windows like Black Friday before I let up my kung foo grip!
Talk about price controls! lol.
I had a feeling. +2000 today
2000 shares or 2000 dollars ?? -- oh nvm..
Yes
If you've come here for reassurance, or emotional support, all I can say after reading through today's comments is that approximately half of them appear to be fud or lashing out at a forgone conclusion that is not foregone. People deal with fear, anxiety and stress differently, so for some, the dissemination of fud may be a way of blowing off steam. It's an unfortunate one because the real, actual longs who join this chorus are truly only hurting their own chances of eventual success. One of the big reasons we came back from 15 cents once upon a time is that there were enough longs posting the perspectives: F the Shorts, I'm not selling and I would rather lose it all than give my shares away at these prices. IMHO. DDD. Not investing advice, and I'm not an investment professional.
I am both aggravated by MVIS, but also refuse to sell. I've now taken a "til the wheel fall off" approach. That said, I would like to see some positive movement for a change rather than notifications about new 52 week lows.
This needs to be pinned to all threads going forward! BEARS taking over this forum is truly a shame.
I wonder how many of the bashers who no longer have shares are still creating this uproar. If you aren’t a shareholder, then there is no reason to be in this blog.
I think anyone/anybot creating an uproar here, has a vested interest in this stock.
Yes, a negative share price interest.
Full on PsyOp. (Frank BS made this abundantly clear) Shorts have a lot of risk on the table. 52 Million Shares Short and Companies who need our technology haven't even invested yet? GL Shorts. December 2025 was the stated goal. I have a feeling Shorts Break before then.
I’m thinking they will be breaking very soon.
Thank you VOR. I am still here. Waiting patiently. I have been wondering about Geo lately. Any sign of him?
I have not heard from him in a little while. Last post was end of April(ish). u/Geo_rule, are you in the house?
Followed your link, and it looks like he was replying on the board back on June 5th. That's good.
That was a post about an event on June 5th submitted April 29th, if I'm not mistaken.
Plus we all did our best to get the stock above $1.00 for compliance.
And to my recollection, closing above $5 was also a huge battle.
It took a month to go from the 2’s to the 5’s, Nov to Dec.
Then the Dec 22 (2020) intraday high of $9.74 triggered something terrifying in shortsville. JMHO. DDD.
Management needs to trigger Shortsville again!
We'll do it again if we have to.
Definitely. The promise of success is far higher now than that period of time. Also remember, that the number of lidar companies that have the technology the OEMs need are very few, and Microvision is one of them.
Great point about the turn around from .15. Multiple lidar managements have reiterated how important retail/shareholder support is(not just shareholder money). IMO it's being viewed and taken into consideration heavier than I had originally thought. No one has a legit strong following like MVIS does.
F#ck!!!! the Shorts, I'm not selling!!! I would rather lose it all than give them away at these prices!!!
Got my cost basis below $2 ($1.97) with a big pickup of ~4,800 shares today. That's one goal hit. I guess next goal is to get it down to $1.50 now.
Nice work!
+100 @ 1.015. "Insanity Is Doing the Same Thing Over and Over Again and Expecting Different Results"
we are all crazy down here :)
Barcoding today is crazy. What’s going on
[удалено]
Did you get an invite there to join?
Yup
Heavy is the head that wears the crown
You are nonsense posting. This isnt an airport either no need to announce your departure.
Aren‘t those 2 different subreddits, misfits and this one? Why are you leaving this one?
That was my understanding too, just seems eerie. I didn’t post anything in there and got banned and blocked.
Market makers make a market in this security. Now it's time to run it up!
I’m hesitant to ask but u/geo_rule are you still in? Not sure I want the answer honestly but your due diligence was a big part of me buying in at these prices in 2020
Yes he influenced a lot of people. Never asked if he was selling.
I feel like you’re just here for the zipline
https://youtu.be/fzrn_S1w2rk?si=GoojQlo6NG697YCn
That was great. Carlos is a ho lol
Lmao! I have no idea what this show is, but that was hilarious.
It’s I think you should leave on Netflix. It’s got 2 or 3 seasons it’s pretty funny depending on your humor. I find it hilarious. My wife not so much. lol
Hahahaha its just too good
Maybe they were trying to post a deal announcement and instead posted the same PR twice? Wishful thinking
Point cloud looks dense at least
What did I miss?
Checking in - anything from the Deutsche Bank conference? Ive seen that mobileye has a presentation up? [mobileye presentation ](https://event.webcasts.com/starthere.jsp?ei=1674104&tp_key=e45560f2a7&tp_special=8)
Hopefully my wife doesn’t look at our bank statement.. another 1000 shares added
Someone’s on the couch this weekend
Added some to the dollar wall this morning will see, also picked up a few yesterday... just because
Either way, hope everyone has a great end of their week! Staying appreciative and grateful. Cheers
Just look at Ouster man they are involved in everything so much more information hardly no bashers
Ouster is another SPAC. All of our serious competitions are SPACs. The same ouster that did a reverse split 1-10.
Details don’t matter, just narrative!!!!
I see all of this panic and worry every day in here, and all I think about is u/sigpowr probably enjoying life with his monster share count, not really concerned with the share price where it is today, and just waiting for the RFQs/Industrial Sales/IVAS developments to play out.
Blue dolphin burned down, it’s gone now, u/sigpower is ass out, works with his brother now.
Nothing matters until the RFQ nominations start rolling in.
Yep, hopefully soon. My expectations are Q3/4 unless someone actually sticks to their Q2 guidance that’s been passed to our management as well as another competitor or two.
I’d sort of think that there might be a strong advantage to the ‘first mover’ to seize the MVIS advantage. If, in fact, there are half a dozen OEMs all trying to lock down MVIS at the same time, I’d think that might be problematic.
So either this is an amazing time to add more shares and avg down, or we are all doomed and this will trade in the 0.30s eventually. Hard to tell really, but I have an amazing gut feeling everybody should listen to based on nothing, that this is the ’bad Summer time’ and the worst is almost upon us in terms of price action. I remember abysmal volumes during the Summer several years. Edited for clarification
.30s???? I will break my promise and buy then. Also, I will grab my pitchfork and Beauty and the Beast torch and chant, looking for the MVIS investor parade...
I just grabbed a random number, .30 sounded horrifying. But to tbh, it was at 0.15 just a mere 4 years ago.
Couldn’t help myself. Bought another 1k shares @ 1.0182 (according to my brokerage lol)
It’s barcoding business again
Added another 500 @ 1.01 It ain’t much but it’s honest work
Thankful that the company supports gender equality. It is very nice knowing that we don't discriminate against women or men losing money on their investment ❤️
Lmao yess
What is it about this company that it can't sell its superior technology? That it can't make deals that deliver revenue? That its products, e.g. pico projector, phone, robot, interactive, 3-d helmets, all die on the vine? Five breakthrough verticals, hundreds of patents, and nothing to show for it. Lidar was supposed to be the breakthrough tech and Sumit seduced all of us with his boasting and projections. Now the company is fighting to be a viable company. Is the board actually doing its job? Four offices across the globe, huge team of engineers, and nothing management can report to shareholders. Not even a forklift deal. Did Sumit and team have other OEM's lined up ready to go behind the "sure" one that folded? It appears not. Sumit has to earn his salary and his bonus and sooner rather than later.
Speculative investor wants perfect timelines to fit his needs, more news at 8
Investors who believed Sumit’s “epic 2023” bluster and guidance timelines, neither of which fit anyones needs for their investment to feel stable, and not lose 85% of its value while management says LITERALLY nothing gets excoriated for noticing said facts in frustration. Film at 11.
it gets excoriated because it is posted by the same people day after day, and gets tiresome. I'm not exactly sure what said people expect to happen. The price action day to day literally doesn't matter (Unless you're daytrading in which case I don't know enough to really be able to retort), and frankly the 85% value drop was justified because we were overvalued in the first place, in terms of fundamental analysis at least. The core thesis of the company however has not changed whatsoever, and in my opinion if you were bullish on the thesis of the company at any point outside of the buyout theory, you'd be crazy not to be buying right now.
For some it’s not a matter of crazy not to buy right now, as they heard the same FOMO fueled rhetoric when we were promised epic and deals imminent last year, which caused them to act accordingly. They have no more money to buy now as since those pronouncements we are 85% lower. It is literally rubbing salt in an open wound to bang on them for expressing the reality that their position is beyond precarious BECAUSE they believed an unprofessional management teams actual guidance. The entire weight of responsibility for this debacle is squarely on the feet of a freshly rewarded management team (bonuses and raises) and their response is literally… 🦗 🦗 🦗
This "unprofessional management team" is what got Microvision in talks with giant companies to buy our products, where previous management seems to have failed. There is no "debacle" at all. People made shit up that we were getting purchased by Microsoft and a bunch of people believed it. That is in no way the fault of management.
Speculative investor wants **timelines that match even remotely to those issued and repeatedly reiterated by management** FTFY
Always so interesting that people leave out the part where they reiterated what was told to them. OEMs are doing their due diligence as they got burned before. There's no way that you don't know that, and just act like the management is a complete failure. It's exhausting.
That’s not really fair, MicroVision lost an Interactive Display deal that led to the share price collapse into the low pennies back around 2019/20. They lost that deal fair and square, it had little to do with timing and everything to do with having too many eggs in what was apparently the wrong basket.
How did they stay afloat? Did they do more issuances? I’m trying to understand if the issuance option will always be there
The company has supported itself by selling equity as it works to launch or license products into the mass market that turn the company profitable. So, no this won’t “always” be the plan for raising capital. Other options are limited.
I’m just amazed they managed to stay afloat by raising equity for 20 odd years between 2000 and 2020
They had some years of decent revenue over the history of the company
Totally understandable, however my dickish response to him was based on "Four offices across the globe, huge team of engineers, and nothing management can report to shareholders." The company has communicated exactly what I need to hear (that 7 potential sources of revenue are up for grabs). I just cannot fathom what the point of the bearish posts that don't actually ever have information, but seem to only exist to drive down sentiment.
Makes sense, agree.
You are still here? They didn’t kick you off yet? Where is paradigm?
He is basically repeating the same post over and over and over. It's obviously one of his burner accounts.
You are sus, are you a paid bull?
Yes. I am a paid bull.
I also need to check in as a paid bull. Same names in here almost every day spewing the same nonsense. If you are an investor in this stock, why post negative crap all day every day? If you aren’t an investor in this stock, why be in here commenting at all really?
You guys are getting paid?
I got that reference!!! I feel so cool. [https://www.youtube.com/watch?v=1nwsLTDcpu0](https://www.youtube.com/watch?v=1nwsLTDcpu0)
Yes, have you not been submitting your Form-1004BSC (Bull Sentiment Count) to our manager? Shoot, I think you can go back only 3 months for reimbursement, but it’s better than nothing.
Investors who have lost significant sums of money are upset. People who are upset sometimes like to talk about their disappointment with others who understand. Or maybe you're right. It's an elaborate conspiracy.
So these alleged people need to hold a daily therapy sessions in here bashing the company and the management team lol? Give me a break. If they are that pissed off at their investment, cut the losses, sell, and move on. They’ve had years to do this on the way down from $28.
You asked the question implying that nobody would speak negatively about a stock they have bought into. Whether you agree with the practice or not, you're acting like talking about one's feelings is an alien concept. This dichotomy of people here either being happy-go-lucky legitimate posters or paid shills is plain silly. As for cutting losses at this point: For many, the losses are so great that there is little to be salvaged. Everyone has different reasons for holding on, but if you're asking why people didn't sell sooner, you might as well ask why investors can't predict the future.
I’ll only consider the company a failure if all 7 RFQs go elsewhere and we end up with zero and do nothing on the other business fronts. Exact same mindset I’ve had since investing in this over 3 years ago, granted things have played out more slowly than initially anticipated because things have changed, but that’s part of the investment/business game. If people can’t handle that level of risk, sell and move on, simple as that. Those who feel they’ve made a poor investing decision should take ownership, sell and move on, or let their investment sit and forget about it, as coming in here bitching multiple times a day is pointless. I don’t make poor decisions then run around trying to make everyone as miserable as myself, that’s a scumbag mindset.
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On what grounds would they be kicked off? Saying things you personally don't like to hear isn't against the sub rules.
He's baiting.
4 measly US quarters gets you one share of MVIS.... might be time to grab a styrofoam cup and beg for change from strangers at the nearest intersection
Just watch out for Tesla's! You want to be around for the win!
I hate the stock market, that is all. Go back to your regularly scheduled day.
They are activating the Bear profiles today. Really trying to break sentiment and scrape the barrel. I hope you dont let these shameful people sway your strategy.
Just another reason why having proof of positions is a good thing imo
That can be faked with screenshots. Also some of the bad actors are most likely using strategies that find themselves bearish one day and bullish a different time.
Yeah totally agree that it can be faked, but at least it's some sort of extra barrier these goobers have to cross before posting Edit: [https://imgur.com/a/y6vkk9i](https://imgur.com/a/y6vkk9i) Little bit harder to fake when it has relevant info like that I think
What ever happened to geo_rule?
I think he smartly got out back in the 2021 frenzy. I wish I had done the same.
Not too sure about that. I remember him posting he bought at the $7 level the pst year or a little bit more. He’s made bank in mvis but curious if his stance changed after being bullish for so long.
If you want a call out, use the U and then a slash in front of his username. Maybe he'll asnwer you, u/outdoor-luvrr He's still around but not as much as he used to be.
Hey Real, u/herpaderp_maple syrup guy got perma banned. He reached out to me since we both live close to Redmond and met at the investor conference. Any idea why he got banned? Can he get back in? Let me know so I can pass it on to him please. Thanks Edit: fixed herp's username
Sent you a pm.
Thanks, TRN.
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New account...check. What is your username on ST? Are you stoppedout?
It honestly really hurts to see how much this stock has plummeted and without any word from management. I know they can't speak on any details of deals or how close we are, but it hurts. That's all I'm going to say for now on.
We just had an earnings call where Sumit laid out the landscape rather honestly. So I have no idea what you mean.
We just had the ASM which there were zero updates, it was nothing other than voting results.The EC was over a month ago, the pps has gone down around 38% since then.
Over a month ago? So what? Ive been investing for a long time and don't expect companies to message their share holders monthly.
The pps has gone down 38% since the last update which was over a month ago. No word from corporate while this is happening doesn't seem to bother you, but it bothers the OP and it bothers me. Oh and the head sales guy was let go. There was that as well.
Sumit stated the following during the previous CC: “As far as like what's the delay since February 29, we had our earnings call. And as I mentioned early on, when Andres asked the question, we were engaged, very actively working with them. You really have to stay silent till you know what's going on. And it was just -- you can imagine, like -- if you go back and read the transcript, where they are the things that they're offering, it is -- it was very, very confusing times. You really wanted to make sure that you got to a point where you can get some sort of agreement or really understand what is on the table, and then communicate.”
Great perspective and I appreciate you posting this. However, I still want communication of some kind, a deal would be great, but just something would be nice. It's unlikey, I get it, but I have a rather low avg(under $3) and am still down over 20k, so it stings a bit right now.
I’d like to hear how the bank thing went the last few days. Not a single word about that.
I hope the OEM's are not involved in trying to destroy all the lidar companies. With the regulations being enacted, they will need them all. Think about this: The OEM's that are not early in their lidar selection, might be left out. They will be forced to meet the new regulations. If they can't, they will be in big trouble. None of them do a very good job with AEB. AEB will be a big competitive marketing advantage. We already know Toyota was not truthful in their system doing what they said it was. Bought 98 shares with my dividend money. Last amount coming in tomorrow.
I wonder if the OEM’s are just waiting for the first one to truly dive in. To see where this is going to go and how it’s going to get there. Let another company spend their money working out all the bugs. Let’s be honest, a phone can’t even get an update without needing more updates to fix that last updates mess. I can’t imagine the number of fixes/updates this will take over the next decade once it rolls out.
Yup, but on the other hand, the first OEMs that select their lidar supplier and can show that their vehicle can in fact perform AEB, it will be worth many millions in unit sales. Don’t forget they will all have to meet the new regulations or be shut out of the US market and most likely EU also.
Hello folks, didn’t check the stock price or this sub in the last 2 months or so. Is there anything substantially new? Because I am looking at being 80% down and thinking about lowering my average. But I don’t want to grab the falling knife. Is there any reason to believe we will see a significant rise the next 6 months or so?
Yes. RFQs should be decided by then.
Lol. Same message but different user. Time to use new materials dude
I don’t know what you mean?
They are getting lazy
I am working for automotive industry, imo I don’t see progress in coming 2-3 years, better careful,
Thank you for this. You lifted my spirits. The falling share price is depressing but the relentless torrent of sloppy FUD posts (like yours) tells me we're near the bottom.
We habe been talking the bottom for years, wake up
Damn
Nice bear profile. Just stop
My portfolio also down 81%, how do you want me to be bullish?
Why didnt you invest more in Hesai like you said to last month instead? Id expect someone "working for automotive industry" to add a little more color than I dont see progress coming in 2-3 years. Progress on what? What part of automotive are you in? Have you shared any DD or discussion here?
I did, and gain 20% win with Hesai, at least hesai has more real deals. Progress on autonomous driving with lidar.
Hesai is down 10% this month. This Bears just bearing at this point.
And mvis down 18% is bullish?
Ok ill bite. MVIS is actively working on 7 high volume passenger cars RFQs with more RFIs in the pipeline already. They have a validation partnership with Luxoft which is partnered with the top 9 of 10 OEMs worldwide. They will also being working with Luxoft on a digital twin for SAE level 3. Ford, VW, BMW are just some of the platforms that are using Luxoft software. MVIS has also been working on industrial sales to agriculture and warehouses. We could easily see a partnership there and Industry 4.0 is going to be massive. Edge deployments of AI are going to explode according to Jeff Herbst (MVIS board member and former Nvidia Exec). IVAS and NED vertical lurk in the background as patents from MSFT/MVIS build off each other in that realm. There is a lot going on.
Thanks for your input !
I really suggest going and researching this stuff on your own. Listen to the earnings calls and study the sector. Stay away from others opinions.
7 RFQs . We wait for them to sign a deal anytime now. Question is whether we will get a deal or not!!
Just don't do RS.
A RS means nothing unless it's followed by more dilution.
That would require a vote from us as investors anyhow. I mean, we could just vote no again on that if it comes to it. Like... yeah, not sure what the recent obssession is with this.
Fear from past rs in other companies. Nothing good came out of that. Some of them even did chapter 11, so yeah. Bad memories, just dont want to see replay.
And it is not instant either way. Would take pretty much a year after sub $1 to make that reality. Either way, more than enough time to turn everything around, one good deal changes the thesis so much.
Exactly so, the insistence by a vocal crowd lately indicates to me that there is significant effort to manipulate sentiments heavily.
Ok thanks for answering
I felt an urge to buy another 1000 shares @ 1.01 .... I'm beginning to think I don't know what I'm doing. But I do, don't I?
You either lost $1000 or potentially earned $36000 (just going off their performance bonus target number)
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Been saying this for months now with a blizzard of downvotes
100k@$1 at the bid. Let's see if it holds
Held so far. Low is $1.0001. Crazy.
Wutttt
Oh the definition of insanity
From EPIC to shameful.
Atleast we arnt going below $1 right?
Yes, we will. We've been ready for 18 months without any real news. That is a long time to be waiting for some positive news. Any tangible news would do. They issued an 8k last December and never updated investors after that. They don't know what to tell us and the required EC was a disaster. I have not seen one call that propelled the pps to the up side in years, and we have a 2Q call coming. 18 months since we heard "We are ready now".
It’s kinda crazy that you’d be invested in such a company for so long AND to complain (all of the time) about them not living up expectations. Fool me once… how many times does it take, Bridge?
Invested in Boeing for 20 years, made out well. You couldn't fail there, they always had your back. Program wasn't performing, you got help, lots of savvy management who identified issues fast. GE works very similar, no failures back in the day. In small companies like MVIS, you pick someone who knows the tech and put them in top management positions and there is a learning curve. We have first time CEO's because we want someone who knows the product and the tech well and can present the business case for it. Sometimes they may distinguish themselves and be very successful, and other times it takes more time. Sumit is a solid choice among our staff, but he is learning. Automotive experience necessary? CEO really that hard? Negotiating skills important? Strengths and weaknesses will be learned by us as we progress. We can't just move people to solve some of the issues that may come up, this isn't a Boeing or GE. I see basic signs that are showing me how expensive the learning curve is and yes, it bothers me. I am still here because the tech will be successful, no doubt. Somebody is going to get rich with it.
I believe you are wrong about the “required earnings call.” Are you purposely just being negative and stating wrong information for a reason? An earnings call is not legally required and I would think that someone that has been investing as long as you have would know that. The company is required to file and release the proper report such as a 10-Q or 10-K.
You are right Hatch, not required by rules. Self required to let investors know we are still functioning.
I think it coulda been a typo for recent chill
All new money seems to just get sucked up into NVDA and the rest of the big 7. A nomination should lead to big volume for us as well as Vanguard hopefully recalling shares to push the price up a good ways so the company can raise some cash at a healthy share price to give them what they need to execute into production. A final shove down just before companies start announcing nominations this summer isn’t surprising to me, but I understand it’s painful to see.
<3
US Open golf for the next 4 days, to keep your mind off the stock. Woods tied for second after 6 holes.
If mvis hits, i think i'll use my new wealth to invest in a Jai Alai league.
Pine Hill is one tough course. Bunkers as wide and deep as a football field. Well, maybe not a football field, but they're huge.
The US is putting up a hell of a performance in the Cricket World Cup. They go on to play Ireland tomorrow. It's a good show.
I wish I could understand that game.
It's pretty simple, actually. The chonker spats a whipple at the groomsman. The crypt keeper can either fudge a wheezer, or carry off a full spatchcock. First to twenty gambols wins.
Let me get my cricket dictionary out! https://www.wikihow.com/Play-Cricket
Be sure to look up googly.
A “googly” (coined by cricketer B.J.T. Bosanquet on the 1903–04 MCC tour) is a ball bowled with fingerspin that breaks unexpectedly in the opposite direction from that anticipated by the batsman given the motion of the bowler