They want to sell the company. Educated guess, I think they sold the Hallolens vertical to Microsoft, because that 20+ Billion contract Microsoft got from the military they have to pay royalties to MVIS for use of the Hallolens tech. No way Microsoft lets that division dangle for a competitor to scoop up.
Every billion they sell its 6.67 a share. 5 billion is a conservative number, which would be 33+/- a share. That has always been my number. I have jumped in and out of the stock but have kept my main shares, which average 1.92. Not going to lie if I get that 33 share, it will be a fucking shit load of money.
Cliffs they will not be around for 18 months. They will be sold, the key is for how much.
3 to 6 months, they said 3rd or 4th quarter they can start selling the LIdar. What makes their LIDAR different is the size is smaller than competitors and distance is greater all at a cheaper price.
Earnings is tomorrow which they moved up a week. So hopefully they announce they have fucking sold, so I can stop worrying about it.
Edit I am just a Dum Dum that posts on a Karate Forum, Buyer Beware.