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Posted: 3/19/2024 1:37:24 PM EDT
[#1]
If RFQs were being assigned to competitors with no wins for MVIS, I'd be mildly concerned. The fact is, not only have no decisions been made, Sumit says the original "order books" are being unwound, and the OEMs are trying to figure out how to put a round sensor in a square hole, figuratively speaking.
This shelf was spread between three firms (NA, EU and Asia) presumably for a reason. It's never been done that way by MVIS before, and I saw it hypothesized yesterday that the spread was to raise money, very quickly, and presumably for a single goal. That's kind of buoyed by the $19M on the remaining shelf being cancelled, still allowing nine months of general corporate runway...and that's assuming there is zero revenue from existing products in that period. If that were the case we'd still be a good three to five months out before they began placing those shares. The alternative is to believe the entire automotive industry is going to abandon Lidar wholesale, or put it on indefinite hold. That's possible, but not probable by any means unless you believe Sumit got up and lied through his teeth at the last quarterly when he referred to the "green valleys" and massive demand building as the early upstarts begin failing. I don't, but I do believe everyone with money involved should probably go back and read the transcript again. The worse case I see is another acquisition. The prices across the board are miserably low, and it might be tempting under the right circumstances. My personal opinion, only, is that we're about to junior partner with either a chip company or a component manufacturer, as a requirement and/or opportunity from a major OEM. We're approaching 3M shares again this morning, and down just under 2%, which makes me wonder if the ship is beginning to stabilize, with 2.5 hours left in the trading day. All of this is my opinion, and worth what you paid for it. I'm trying to step away from the hysterics on the investor boards and look at the chain of events, and facts as we know them, in the cold light of day. This would probably be a good time for other considered opinions (we've had the memes) here both pro and con. |
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UT, USA
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Posted: 3/19/2024 1:46:30 PM EDT
[#2]
Quote HistoryOriginally Posted By SuperHeavy: It seems like every promo video MVIS puts out causes a death spiral  |
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CO, USA
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Posted: 3/19/2024 1:52:18 PM EDT
[#3]
Interesting article revolving around hands free driving crash resulting in a fatality. Of particular note from the article (bold emphasis mine):
It was reported this week by The Drive that the NTSB has declared its intention to examine a deadly collision possibly involving Ford's advanced hands-free driving assistance technology, BlueCruise. The crash occurred on February 24 in San Antonio, Texas, around 9:50PM. The driver of a Ford Mustang Mach-E, traveling east on Interstate 10, collided with a stationary Honda CR-V located in the center lane, which was without its lights on. Full Article https://www.zerohedge.com/markets/fords-hands-free-driving-under-ntsb-investigation-after-fatal-february-crash Seems LIDAR may have been useful in this situation. |
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Posted: 3/19/2024 2:04:21 PM EDT
[#4]
Quote HistoryOriginally Posted By CajunMojo: Not using available ATM on the run to the 8's and instead announcing another ATM killed the momentum... change my mind. Quote HistoryOriginally Posted By CajunMojo: Originally Posted By apexcrusade: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? Not using available ATM on the run to the 8's and instead announcing another ATM killed the momentum... change my mind. On that point I don't disagree. I don't think it was a malicious act. |
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Posted: 3/19/2024 2:37:21 PM EDT
[Last Edit: bradpierson26]
[#5]
Quote HistoryOriginally Posted By apexcrusade: On that point I don't disagree. I don't think it was a malicious act. Agreed! Ignorant Miscalculated Unwise Whatever Malicious? Absolutely not in my opinion |
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Posted: 3/19/2024 2:44:14 PM EDT
[#6]
Quote HistoryOriginally Posted By cmsnare: Interesting article revolving around hands free driving crash resulting in a fatality. Of particular note from the article (bold emphasis mine): It was reported this week by The Drive that the NTSB has declared its intention to examine a deadly collision possibly involving Ford's advanced hands-free driving assistance technology, BlueCruise. The crash occurred on February 24 in San Antonio, Texas, around 9:50PM. The driver of a Ford Mustang Mach-E, traveling east on Interstate 10, collided with a stationary Honda CR-V located in the center lane, which was without its lights on. Full Article https://www.zerohedge.com/markets/fords-hands-free-driving-under-ntsb-investigation-after-fatal-february-crash Seems LIDAR may have been useful in this situation. I remember a fatal crash a few years ago where a Tesla on autopilot went right under the trailer of a truck that had pulled out across the lane and was waiting for a break in traffic to turn. The Tesla apparently didn’t recognize the trailer as being there. I think there was at least speculation that the camera couldn’t differentiate the trailer from the sky, as they were a very similar color. Radar would have spotted it easily. |
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Posted: 3/19/2024 2:49:31 PM EDT
[#7]
So should I gamble on $2 May calls or sell $2 May puts ?
Or being ARF get both ? |
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Posted: 3/19/2024 2:59:02 PM EDT
[#8]
Quote HistoryOriginally Posted By bradpierson26: Agreed! Ignorant Miscalculated Unwise Whatever Malicious? Absolutely not in my opinion Quote HistoryOriginally Posted By bradpierson26: Originally Posted By apexcrusade: On that point I don't disagree. I don't think it was a malicious act. Agreed! Ignorant Miscalculated Unwise Whatever Malicious? Absolutely not in my opinion I didn't say malicious, but your other descriptors are understated. Outright stupid IMO. Unless they break news to rocket it past $6-8 before filling the current ATM, I won't change my mind. It also seems volume is down a bit today. How does that fit into the "filling the ATM" narrative? |
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IN, USA
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Posted: 3/19/2024 3:17:20 PM EDT
[#9]
Still trending to be 2x volume.... my theory yesterday is they might be going for $50 of the 150 mil available and estimated they'd probably already be at $30 mil
I realize it purely weak speculation, but yesterday I'd said one or two more high volume days if that was the case.... maybe slowing down and instead of 3x there will be 2x through Thurs Time will tell ha |
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USA
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Posted: 3/19/2024 3:31:03 PM EDT
[#10]
Quote HistoryOriginally Posted By Osprey61: If RFQs were being assigned to competitors with no wins for MVIS, I'd be mildly concerned. The fact is, not only have no decisions been made, Sumit says the original "order books" are being unwound, and the OEMs are trying to figure out how to put a round sensor in a square hole, figuratively speaking. This shelf was spread between three firms (NA, EU and Asia) presumably for a reason. It's never been done that way by MVIS before, and I saw it hypothesized yesterday that the spread was to raise money, very quickly, and presumably for a single goal. That's kind of buoyed by the $19M on the remaining shelf being cancelled, still allowing nine months of general corporate runway...and that's assuming there is zero revenue from existing products in that period. If that were the case we'd still be a good three to five months out before they began placing those shares. The alternative is to believe the entire automotive industry is going to abandon Lidar wholesale, or put it on indefinite hold. That's possible, but not probable by any means unless you believe Sumit got up and lied through his teeth at the last quarterly when he referred to the "green valleys" and massive demand building as the early upstarts begin failing. I don't, but I do believe everyone with money involved should probably go back and read the transcript again. The worse case I see is another acquisition. The prices across the board are miserably low, and it might be tempting under the right circumstances. My personal opinion, only, is that we're about to junior partner with either a chip company or a component manufacturer, as a requirement and/or opportunity from a major OEM. We're approaching 3M shares again this morning, and down just under 2%, which makes me wonder if the ship is beginning to stabilize, with 2.5 hours left in the trading day. All of this is my opinion, and worth what you paid for it. I'm trying to step away from the hysterics on the investor boards and look at the chain of events, and facts as we know them, in the cold light of day. This would probably be a good time for other considered opinions (we've had the memes) here both pro and con. Adding to this... In my opinion, the most likely explanation for the sustained high volume and corresponding pattern of price action over the last trading week or so is a use of the ATM by MVIS in order to satisfy a working capital requirement (or similar term) in a deal. A WCR must typically be satisfied at the time the deal closes - in other words, they have to actually have the cash on their books on the day the deal closes, not just have a mechanism in place on paper to theoretically raise money. That's why they can't announce a deal and then sell into the price jump post-deal, and why MVIS would be forced to sell shares now at this price range. Not investment advice, merely an educated guess on my part. |
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Posted: 3/19/2024 3:53:39 PM EDT
[#11]
IF there's a pending deal requiring a cash infusion can the C suite buy stock at these levels or is it insider trading?
Also,I'd think IF there was a deal pending they could get a line of credit using stock/patent library as collateral unless there's a NDA |
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USA
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Posted: 3/19/2024 4:05:50 PM EDT
[Last Edit: dbrowne1]
[#12]
Quote HistoryOriginally Posted By colt_thompson: IF there's a pending deal requiring a cash infusion can the C suite buy stock at these levels or is it insider trading? Also,I'd think IF there was a deal pending they could get a line of credit using stock/patent library as collateral unless there's a NDA If there is a deal pending, anyone (not just execs) with material non-public information about it would be quite stupid to be buying. A credit line is debt. The terms (including interest rate) for MVIS would suck regardless of the collateral. They’re better off doing what they’re doing, than borrowing tens of millions at 8%. |
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GA, USA
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Posted: 3/19/2024 4:22:53 PM EDT
[#13]
Quote HistoryOriginally Posted By dbrowne1: If there is a deal pending, anyone (not just execs) with material non-public information about it would be quite stupid to be buying. A credit line is debt. The terms (including interest rate) for MVIS would suck regardless of the collateral. They’re better off doing what they’re doing, than borrowing tens of millions at 8%. Quote HistoryOriginally Posted By dbrowne1: Originally Posted By colt_thompson: IF there's a pending deal requiring a cash infusion can the C suite buy stock at these levels or is it insider trading? Also,I'd think IF there was a deal pending they could get a line of credit using stock/patent library as collateral unless there's a NDA If there is a deal pending, anyone (not just execs) with material non-public information about it would be quite stupid to be buying. A credit line is debt. The terms (including interest rate) for MVIS would suck regardless of the collateral. They’re better off doing what they’re doing, than borrowing tens of millions at 8%. It would probably be a good bit more than 8% for a loan given the lack of revenue available to service the debt. Those sort of loans are sometimes facilitated by venture capitalists that have very high premiums and could include an ownership stake. |
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Posted: 3/19/2024 4:26:49 PM EDT
[#14]
"A credit line is debt. The terms (including interest rate) for MVIS would suck regardless of the collateral. They’re better off doing what they’re doing, than borrowing tens of millions at 8%."
Devils advocate here. A line of credit isn't debt if it's at zero. Open a $50 million LOC , if they could get one, then announce a deal, then sell stock when/if the price moves. Of course, this is all based on the assumption that they are using the ATM and there is a customer with an actual deal |
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USA
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Posted: 3/19/2024 4:33:39 PM EDT
[#15]
Quote HistoryOriginally Posted By colt_thompson: "A credit line is debt. The terms (including interest rate) for MVIS would suck regardless of the collateral. They’re better off doing what they’re doing, than borrowing tens of millions at 8%." Devils advocate here. A line of credit isn't debt if it's at zero. Open a $50 million LOC , if they could get one, then announce a deal, then sell stock when/if the price moves. Of course, this is all based on the assumption that they are using the ATM and there is a customer with an actual deal And what happens to production for that OEM, which it’s relying on for hundreds of thousands of vehicles, if MVIS defaults on that debt (and there are lots of ways to default, not just non-payment)? What influence would the lender have which could hurt the OEM? Nothing beats cold hard cash. |
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Posted: 3/19/2024 4:56:21 PM EDT
[#16]
In other news, I bought 20k shares of TSHA at $2.25 just before the bell, and afterhours earnings report. Currently around $3.
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Posted: 3/19/2024 5:06:37 PM EDT
[#17]
Originally Posted By jpcdmd: In other news, I bought 20k shares of TSHA at $2.25 just before the bell, and afterhours earnings report. Currently around $3. Cool! If I bought in then it would have gone to 1.25. |
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Posted: 3/19/2024 5:37:14 PM EDT
[#18]
Quote HistoryOriginally Posted By BM-ARM-DPMS-guns: Cool! If I bought in then it would have gone to 1.25. Quote HistoryOriginally Posted By BM-ARM-DPMS-guns: Originally Posted By jpcdmd: In other news, I bought 20k shares of TSHA at $2.25 just before the bell, and afterhours earnings report. Currently around $3. Cool! If I bought in then it would have gone to 1.25. well it's good you didn't buy lol |
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CO, USA
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Posted: 3/19/2024 5:46:53 PM EDT
[#19]
Quote HistoryOriginally Posted By colt_thompson: IF there's a pending deal requiring a cash infusion can the C suite buy stock at these levels or is it insider trading? Also,I'd think IF there was a deal pending they could get a line of credit using stock/patent library as collateral unless there's a NDA Can't do it (buy) unless part of a written plan that was established when the reporting person was not in possession of material non-public information. Banks are super conservative right now concerning lending/LOCs unless there is demonstrable cash flow or significant hard assets that can be collateralized. The time to raise debt capital is 3-6 months before you need it, not when you need it today. Also keep in mind that many LOCs require a "rest," typically annually. So the company would need to be able to meet that obligation in short order, and the LOC would almost certainly be at a higher cost of capital than equity financing. Painful for existing shareholders, but you're interests aren't being subordinated to other claimants, either. Until there is meaningful cash flow, in my opinion, equity financing is their only option that doesn't get them in a really bad spot. That "spot" may cause more doubt about the ability to continue as a going concern to a potential partner than a low share price, which would be counter productive. |
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Posted: 3/19/2024 5:54:56 PM EDT
[#20]
Quote HistoryOriginally Posted By jpcdmd: In other news, I bought 20k shares of TSHA at $2.25 just before the bell, and afterhours earnings report. Currently around $3. Damn! Good for you That’s the kind of information we need around here! |
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Posted: 3/19/2024 8:01:36 PM EDT
[#21]
Well... crested 100k shares today. What could go wrong?
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UT, USA
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Posted: 3/19/2024 8:18:33 PM EDT
[#22]
Quote HistoryOriginally Posted By Osprey61: So, a 50/50 chance of failure? They're in the best position I've seen in 17 years, and it will take a monumental shift away from ADAS or a confederacy of institutional greed to thwart them, and I don't see either happening. In fact, I believe what's coming will be on par with the seat belt and the air bag in ten years. Ubiquitous, and monumental. High risk? Sure, but I'd put the odds of success at 70/30 right now, and climbing. Good luck finding that kind of opportunity in a casino. Still at 70/30 and climbing? Price went to $2.70 after you posted this, I sold all @ $2.65. Just trying to see what you insiders see. I clipped your response but it was a reply to me stating MVIS had 50/50 odds of never hitting $3 again, I'll change mine to 60% chance of failure and climbing. |
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WI, USA
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Posted: 3/19/2024 8:26:01 PM EDT
[#23]
Trending under 1.70 tonight
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NV, USA
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Posted: 3/19/2024 8:55:35 PM EDT
[#24]
Quote HistoryOriginally Posted By bradpierson26: The silence may be strategic but definitely doesn’t help the share price, even artificially, propping up the share price. Not saying we lie or aggressively hint at untrue orders/contracts but corporate communications seems nonexistent Isn’t the consensus around here that we blame management for killing the run-up last Fall(?) Etc Quote HistoryOriginally Posted By bradpierson26: Originally Posted By apexcrusade: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? The silence may be strategic but definitely doesn’t help the share price, even artificially, propping up the share price. Not saying we lie or aggressively hint at untrue orders/contracts but corporate communications seems nonexistent Isn’t the consensus around here that we blame management for killing the run-up last Fall(?) Etc The run up was based on hopium, it wasn't going to last long no matter what |
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NV, USA
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Posted: 3/19/2024 8:57:36 PM EDT
[#25]
Quote HistoryOriginally Posted By apexcrusade: UAN news: CVR Energy (NYSE:CVI) disclosed Monday it is considering potential strategic transactions with Icahn Enterprises (IEP) involving CVR Partners (NYSE:UAN), which may include the acquisition of additional assets or businesses, including material amounts of refining assets through negotiated mergers and/or stock or asset purchase agreements. CVR (CVI) said strategic options involving CVR Partners (UAN) may include the acquisition of some or all outstanding publicly held common units of CVR Partners by entities affiliated with IEP (IEP), the company or some combination. So, a buyout? Market seemed to approve. |
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NV, USA
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Posted: 3/19/2024 9:01:48 PM EDT
[Last Edit: shblackdragon]
[#26]
Quote HistoryOriginally Posted By cmsnare: Interesting article revolving around hands free driving crash resulting in a fatality. Of particular note from the article (bold emphasis mine): It was reported this week by The Drive that the NTSB has declared its intention to examine a deadly collision possibly involving Ford's advanced hands-free driving assistance technology, BlueCruise. The crash occurred on February 24 in San Antonio, Texas, around 9:50PM. The driver of a Ford Mustang Mach-E, traveling east on Interstate 10, collided with a stationary Honda CR-V located in the center lane, which was without its lights on. Full Article https://www.zerohedge.com/markets/fords-hands-free-driving-under-ntsb-investigation-after-fatal-february-crash Seems LIDAR may have been useful in this situation. Tesla's have been blinded by the sun; cameras are highly light dependant, too much or too little and they fail. I'm somewhat of a musk fan, but all the AI in the world won't make cameras do what lidar can. |
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Posted: 3/19/2024 9:03:11 PM EDT
[#27]
Quote HistoryOriginally Posted By shblackdragon: The run up was based on hopium, it wasn't going to last long no matter what Quote HistoryOriginally Posted By shblackdragon: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Originally Posted By bradpierson26: Originally Posted By apexcrusade: Apply some logic; If they have enough cash for operations through this year, then they wouldn't need to execute the ATM for that reason. So, if they are doing that, it is for a different reason. What is the most likely possible reason? Next most likely? Some entity wants to manipulate the share price down? They need an urgent cash buffer per terms of a pending deal? What? Counter point - have we seen them be smart stewards of the share price in the last 24m? On balance I would say yes. Your thought? The silence may be strategic but definitely doesn’t help the share price, even artificially, propping up the share price. Not saying we lie or aggressively hint at untrue orders/contracts but corporate communications seems nonexistent Isn’t the consensus around here that we blame management for killing the run-up last Fall(?) Etc The run up was based on hopium, it wasn't going to last long no matter what Agreed. No ne said it would last. But go to $11? $16? |
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Posted: 3/19/2024 9:10:40 PM EDT
[#28]
Originally Posted By JC_: Well... crested 100k shares today. What could go wrong? Well…let me tell you a story….  I’m at 193k, down over 60%, just over $1m invested. You do the math. |
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Posted: 3/19/2024 9:11:21 PM EDT
[#29]
Quote HistoryOriginally Posted By shblackdragon: So, a buyout? Market seemed to approve. Quote HistoryOriginally Posted By shblackdragon: Originally Posted By apexcrusade: UAN news: CVR Energy (NYSE:CVI) disclosed Monday it is considering potential strategic transactions with Icahn Enterprises (IEP) involving CVR Partners (NYSE:UAN), which may include the acquisition of additional assets or businesses, including material amounts of refining assets through negotiated mergers and/or stock or asset purchase agreements. CVR (CVI) said strategic options involving CVR Partners (UAN) may include the acquisition of some or all outstanding publicly held common units of CVR Partners by entities affiliated with IEP (IEP), the company or some combination. So, a buyout? Market seemed to approve. Can anyone explain what this means or what I should do? I have about $8K in UAN/CVR. |
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Posted: 3/19/2024 9:12:45 PM EDT
[Last Edit: BlackTaco]
[#30]
Quote HistoryOriginally Posted By BM-ARM-DPMS-guns: Well…let me tell you a story…. I’m at 193k, down over 60%, just over $1m invested. You do the math. 650K $$ loss Dayuum!!!! Now my $10K MVIS loss on 6,200 shares is looking like nothing I keep throwing cash at these low $1.70’s prices - should I stop? Anyone have TLRY or SENS info? Think I picked those up from ARF recommendations as well - they seemed to have tanked.
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Posted: 3/19/2024 9:19:37 PM EDT
[#31]
Originally Posted By BlackTaco: 650K $$ loss Dayuum!!!! Now my $10K MVIS loss on 6,200 shares is looking like nothing I keep throwing cash at these low $1.70’s prices - should I stop? Should you stop? You’re asking me? That may not work out. :) |
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Posted: 3/19/2024 9:28:07 PM EDT
[#32]
Quote HistoryOriginally Posted By BM-ARM-DPMS-guns: Should you stop? You’re asking me? That may not work out. :) LOL! Guess I’m asking everyone but you
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Posted: 3/19/2024 9:32:08 PM EDT
[#33]
Originally Posted By BlackTaco: LOL! Guess I’m asking everyone but you Good move. |
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GA, USA
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Posted: 3/19/2024 9:33:22 PM EDT
[#34]
Quote HistoryOriginally Posted By BlackTaco: Can anyone explain what this means or what I should do? I have about $8K in UAN/CVR. It means Carl Icahn just put out the for sale sign. Similar plant OCI just sold in terms of production volume as the two UAN plants fetched $3.6B. UAN has about 11M shares, 500M in debt, and slightly older plants, doing the math, $275/share seems fair. In the meantime, enjoy your 25% yield. |
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Posted: 3/19/2024 11:30:46 PM EDT
[#35]
Quote HistoryOriginally Posted By rustyboy: It means Carl Icahn just put out the for sale sign. Similar plant OCI just sold in terms of production volume as the two UAN plants fetched $3.6B. UAN has about 11M shares, 500M in debt, and slightly older plants, doing the math, $275/share seems fair. In the meantime, enjoy your 25% yield. Shit - I went UAN because of the dividends lol. So sell everything now or wait for the sale? I’m not familiar with how this shit works
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Posted: 3/20/2024 7:47:24 AM EDT
[Last Edit: apexcrusade]
[#36]
Isn't Icahn on the board of both companies? He'll wrangle some deal that benefits him, but I hear $206 - $266 is a range of value - doesn't mean that's what we might get
Representatives of IEP and the Company consider from time to time, and currently are considering potential strategic transactions available to the Company and its subsidiaries, which may include the acquisition of additional entities, assets or businesses, including the acquisition of material amounts of refining assets through negotiated mergers and/or stock or asset purchase agreements by the Company or its subsidiaries. Entities affiliated with IEP may participate in such acquisitions, including by providing financing to the Company or its subsidiaries through the acquisition of additional equity of the Company and/or its subsidiaries, providing loans to the Company and/or its subsidiaries or otherwise. In addition, representatives of IEP and the Company consider from time to time, and currently are considering strategic options involving CVR Partners, LP, a controlled subsidiary of the Company (“CVR Partners”), which may include the acquisition of some or all of the outstanding publicly held common units of CVR Partners by entities affiliated with IEP or the Company or a combination of such entities and the Company or other affiliated entities, the sale of CVR Partners or the Company’s interest therein or other transactions. Any such acquisition, sale or transaction could be effectuated through open market purchases, tender or exchange offers, exercise of the limited call right contained in CVR Partners’ limited partnership agreement, value-enhancing partnerships, negotiated merger transactions, privately negotiated transactions, sale transactions or otherwise. CVR Partners’ common units are listed on the NYSE under the symbol “UAN.” As of the date hereof, the Company, through its wholly owned subsidiaries, owns approximately 36.8% of the outstanding common units of CVR Partners and 100%" |
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Posted: 3/20/2024 8:55:28 AM EDT
[#37]
Quote HistoryOriginally Posted By shblackdragon: Tesla's have bene blinded by the sun; cameras are highly light dependant, too much or too little and they fail. I'm somewhat of a musk fan, but all the AI in the world won't make cameras do what lidar can. I'll second this. I have a 2023 Tesla Model 3 and the self-driving feature is trash. 2023 was the first year they removed the radar sensors from the front bumper due to conflicting data received between the sensors and camera based system. With the camera based system if headlights coming the other direction at night, it starts screaming at you to take the wheel. Heading into a sunrise or sunset, same. Roads/lanes intersecting with the roads you're on, starts applying brakes because it can't figure out what's going on and which lane it's supposed to be in... regardless of how close the car behind you is already on your bumper. I can't remember if it was here or Reddit I was reading about a Tesla plowing into a parked car in a paved median in the middle of the night because the parked car didn't have any lights on. Tesla is continually rolling back the "self-driving" features on their cars. Since I purchased the car 8 months ago it has become less capable. I don't see how cameras and ai are going to be able to reliably determine depth where lidar provides a point cloud based off of the latency it receives back. Cars are going to need some form of radar/lidar in order to safely "self-drive" |
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Posted: 3/20/2024 9:05:33 AM EDT
[#38]
Trade settlement shortens to 1 day on 28 May.
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Posted: 3/20/2024 10:22:06 AM EDT
[#39]
Quote HistoryOriginally Posted By rustyboy: It means Carl Icahn just put out the for sale sign. Similar plant OCI just sold in terms of production volume as the two UAN plants fetched $3.6B. UAN has about 11M shares, 500M in debt, and slightly older plants, doing the math, $275/share seems fair. In the meantime, enjoy your 25% yield. You still buying calls or just holding shares? @rustyboy |
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IN, USA
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Posted: 3/20/2024 10:23:06 AM EDT
[#40]
I've not been looking at mvis price action every 15 minutes like I usually do yesterday and today, but still coming to the thread...... there hasn't been much bitching or positivity so I'm going to assume mvis is trading steady right now
Considering the beating I'll take a steady day, now I'm just waiting for someone to burst my bubble |
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UT, USA
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Posted: 3/20/2024 10:41:25 AM EDT
[Last Edit: oldno7]
[#41]
MVIS
Took some profit @ $1.80 
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GA, USA
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Posted: 3/20/2024 10:50:49 AM EDT
[#42]
Quote HistoryOriginally Posted By colt_thompson: You still buying calls or just holding shares? @rustyboy I have shares still from when I first stared posting about it. My cost basis is effectively zero. I snagged some ITM Aug calls yesterday AM. Having a hard time not rolling up right now. |
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Posted: 3/20/2024 11:33:15 AM EDT
[#43]
Quote HistoryOriginally Posted By apexcrusade: Trade settlement shortens to 1 day on 28 May.  https://www.whitecase.com/insight-alert/sec-adopts-move-t1-standard-settlement-cycle |
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NV, USA
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Posted: 3/20/2024 11:49:20 AM EDT
[#44]
Quote HistoryOriginally Posted By slayer1: I'll second this. I have a 2023 Tesla Model 3 and the self-driving feature is trash. 2023 was the first year they removed the radar sensors from the front bumper due to conflicting data received between the sensors and camera based system. With the camera based system if headlights coming the other direction at night, it starts screaming at you to take the wheel. Heading into a sunrise or sunset, same. Roads/lanes intersecting with the roads you're on, starts applying brakes because it can't figure out what's going on and which lane it's supposed to be in... regardless of how close the car behind you is already on your bumper. I can't remember if it was here or Reddit I was reading about a Tesla plowing into a parked car in a paved median in the middle of the night because the parked car didn't have any lights on. Tesla is continually rolling back the "self-driving" features on their cars. Since I purchased the car 8 months ago it has become less capable. I don't see how cameras and ai are going to be able to reliably determine depth where lidar provides a point cloud based off of the latency it receives back. Cars are going to need some form of radar/lidar in order to safely "self-drive" The theory is, with adequate AI, cameras can match what our eyes do -- except cameras don't typically have hardware that matches eyes in low and high light, plus our vision isn't perfect wrt driving in dark or super bright scenarios. I'll give musk the fact that lidar was stupid expensive when he started, but he really needs to revise his idea now that they aren't |
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Posted: 3/20/2024 12:37:50 PM EDT
[#45]
It seemed at the midpoint of today's session MVIS has somewhat returned to normal daily volume levels after the volume surge of the last four sessions. Has the (limited?) ATM been filled????
Anyway, in for the ride 🤔 |
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UT, USA
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Posted: 3/20/2024 1:29:35 PM EDT
[#46]
Quote HistoryOriginally Posted By oldno7: MVIS Took some profit @ $1.80 https://i.gyazo.com/d3a72946d090ee4daf2dd99e8a6d62a4.png Tempted to Buy back @ $1.70 but no good Buy signal, yet. |
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Posted: 3/20/2024 1:37:37 PM EDT
[#47]
Quote HistoryOriginally Posted By oldno7: Tempted to Buy back @ $1.70 but no good Buy signal, yet. Quote HistoryOriginally Posted By oldno7: Originally Posted By oldno7: MVIS Took some profit @ $1.80 https://i.gyazo.com/d3a72946d090ee4daf2dd99e8a6d62a4.png Tempted to Buy back @ $1.70 but no good Buy signal, yet. I've been waiting for it to break below that - trying at 1.67, etc. It never seems to want to do that. I wonder if it does, if it will gap down and maybe I shouldn't have a buy order in place. |
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UT, USA
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Posted: 3/20/2024 3:27:30 PM EDT
[Last Edit: oldno7]
[#48]
MVIS
Sold off balance at Resistance--$1.82-1.83 Now if we can get TGTX to run, it'll be a nice day. Sold all LAZR-$1.80 |
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NY, USA
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Posted: 3/20/2024 3:32:37 PM EDT
[#49]
MVIS solidly green on day with normal volume
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GA, USA
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Posted: 3/20/2024 3:36:39 PM EDT
[#50]
Quote HistoryOriginally Posted By snakes19: MVIS solidly green on day with normal volume Almost everything went green today as soon as the interest rate news hit |
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