i will not
microvision is garbage pump and dump over and over
GME gonna moooooon bro dont miss the boat
There is Gold to be made on $MVIS.
I was pumping them on here when they were less than a $1.
I have an ass load of shares with a $2 average. I sold some of that position at 26. Then I have played with a 1/4 of that money, plus have shorted against the shares I own.
They always plummet on earnings because they have shit revenue, but like some other stocks they have a cult that constantly buys the dips.
That last earnings call was a shit show. Their Hallolens deal with Microsoft appears to be a shit deal. They have wanted to sell that vertice and now appear to have pivoted to being all in all with Lidar.
The pluses is their LiDAR appears to be low profile and have better numbers than everyone else. They seemed to also pivot to working with European automakers.
Also wont make a profit until like 2025.
I was real high on them in the beginning, now I just try and make money and risk my $2 shares which are free, if they actually get their LiDAR into production. IF they do, I can retire, if not then I risked nothing since I made money on them.
They are easy to make money on. Buy them after earnings, and the cult will drive the price up. They always drop after earnings.
That said, I think once this recent pump is done, they will slowly bleed unless they have some kind of news. Last earnings call was a punch in the face to the faithful.
Still surprised Microsoft has not bought out the Hallolens, because it makes no sense for them to let Microvision, pass that patent on to other competitors, the wild card is nobody knows the contract they signed with Microsoft but as more time goes by it looks like Microsoft went balls deep on Microvision with that contract.
Little known fact, Microsoft and Microvision are both located in Redmond, WA.
They are high risk/High reward. If that LiDAR does what they say it will then it will moon.
Not financial advice, I like the reward for the stock and a sucker for Tech.
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