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Posted: 4/6/2020 1:38:26 PM EDT
[Last Edit: Osprey61]
Bored, and want to live dangerously?

Company I've been in for 14 years is in it's death throes...got pounded by the 'Rona. They own a wall of patents on MEMS laser projection and LIDAR, and just signed an agreement with MSFT last week to transfer manufacture of the light engine in Hololens II to a royalty agreement. The next day 50M shares traded...and there are only 150M shares total for the company. Looks now like they were cleaning up for a sale/merger because...

..."MVIS-Today announced it has retained investment banking firm Craig-Hallum Capital Group LLC to serve as its financial advisor as it explores various licensing and other strategic alternatives, including a potential sale or merger of the company."

Selling this morning at .22 to .23 a share. Speculation is rampant about what a sale would bring, because potential suitors include MSFT, Apple, STM, Sony and others. Read this thread carefully to see what's going on!...and don't gamble money you can't afford to lose. A reverse-split is also still  on the table, and those almost always destroy shareholder value*.

ETA: *"destroy shareholder value" is a euphemism for "individual investor loses his shirt".

MVIS retains Craig Hallum

Full disclosure: I hold 30K shares at an .84 ASP. If they sell for a buck a share I make beer money. If it goes for $5 I make Porsche money. Point is, at .23 right now a buck sale will be a three bagger...

UPDATE: CEO just sent out a memo begging shareholders to vote "yes" on the reverse split...heavy implication is they're getting hammered by "no" votes, and the motion won't pass, or is in serious danger.

MVIS Reddit is lighting up. I won't pretend to fully understand the repercussions, but it sure is entertaining. If you have proxy voting rights, please use them and support the vote of no confidence on item 3!

Go here and do some (non-technical) Reddit reading. Emotions running high. Share is up 28% as I type.
Form_defa14a
Link Posted: 1/26/2021 7:34:39 PM EDT
[#1]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CamelPatriot:
BB+AMC tomorrow hoping for some good gains.

View Quote

Yea I need funds to clear, and then I'm loading up on BB, AMC, and PLTR
Link Posted: 1/26/2021 7:34:54 PM EDT
[#2]
I had a good feeling about AMC, no clue why I only bought 200 shares
Link Posted: 1/26/2021 7:35:37 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By evo7011:

Yea I need funds to clear, and then I'm loading up on BB, AMC, and PLTR
View Quote

What about INND? Is it still possible that it could reach a few cents?
Link Posted: 1/26/2021 7:36:01 PM EDT
[Last Edit: NIevo] [#4]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RyanEsstac:
I had a good feeling about AMC, no clue why I only bought 200 shares
View Quote


I only have 60, wonder if it's to late?
Link Posted: 1/26/2021 7:36:26 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By slabertooch:
Oh there is blood in the water, and I guarantee that professional firms are taking advantage of not only the profit potential, but the opportunity to destroy some competition, or make them cheap to acquire.

If a bunch of self-described retards on WSB can run these numbers and come to some solid DD, the big boys know the potential too.
View Quote


They are the ones that started this. They bought all the short shares to start with.  Then they played the waiting game.
Link Posted: 1/26/2021 7:37:08 PM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RyanEsstac:
I had a good feeling about AMC, no clue why I only bought 200 shares
View Quote


Should have bought 10 call contracts instead.
Link Posted: 1/26/2021 7:38:30 PM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CamelPatriot:

What about INND? Is it still possible that it could reach a few cents?
View Quote

I don't know shit about, but snagged 10k shares today, I guess I could add another 10k tomorrow.
Link Posted: 1/26/2021 7:40:18 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By evo7011:

I don't know shit about, but snagged 10k shares today, I guess I could add another 10k tomorrow.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By evo7011:
Originally Posted By CamelPatriot:

What about INND? Is it still possible that it could reach a few cents?

I don't know shit about, but snagged 10k shares today, I guess I could add another 10k tomorrow.

fuck it, yolo.....if you end up broke, can always move to portland and pop a squat in some house when they go out for smokes
Link Posted: 1/26/2021 7:40:36 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By evo7011:

I don't know shit about, but snagged 10k shares today, I guess I could add another 10k tomorrow.
View Quote

Take this with a grain of salt, apparently some dude on Twitter DMed them and they said this. I will try DMing them to confirm.

Link Posted: 1/26/2021 7:42:50 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CamelPatriot:

Take this with a grain of salt, apparently some dude on Twitter DMed them and they said this. I will try DMing them to confirm.

https://pbs.twimg.com/media/Esq3f5YU4AAAGaC?format=jpg&name=large
View Quote

ok, I'm in for 40k more shares tomorrow
Link Posted: 1/26/2021 7:47:46 PM EDT
[#11]
99% gain on GME today lol. Chickened out and sold prior to close though. What a day.
Link Posted: 1/26/2021 7:50:46 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By evo7011:

ok, I'm in for 40k more shares tomorrow
View Quote

We'll get rich together friend, this has great potential for sure might as well get in early.
Link Posted: 1/26/2021 7:50:47 PM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By crashburnrepeat:



are you freaking KIDDING me?! That's awesome.

I have been watching this but have not jumped in because A)I'm a moron and B) it will crash 5 seconds after I buy it.

What did you get in at? was this a recent purchase or did you get in early when it was low?
@apexcrusade
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By crashburnrepeat:
Originally Posted By apexcrusade:
Fellas this was the most fun this pup has had in a long time!  Selling GME shares for the  last 3 hours, , all in 5 share lots all through the end of the day and after market.  I still have a small handful - not sure how many to keep a hold of.

Quick math gives me a 1948% profit on this transaction so far, not counting yesterday.   How to repeat it?



are you freaking KIDDING me?! That's awesome.

I have been watching this but have not jumped in because A)I'm a moron and B) it will crash 5 seconds after I buy it.

What did you get in at? was this a recent purchase or did you get in early when it was low?
@apexcrusade


Can't remember how I got started but I traded this a bit some time ago and then ended up with shares at 5.98, 8.45, 9-12 dollar range - picked up along the way probably over about a year.  I have 3 accts with TDameritrade linked together including a ROTH, so I had different cost bases in each one.  It was real fun switching back and forth on those all day moving my sell prices up as the share price went up, especially at the close.  Whoa, all the sudden I am seeing 148 and need to bump up all of my open orders  Crazy
Link Posted: 1/26/2021 7:54:49 PM EDT
[#14]
How do I get in on the penny stocks like innd. I use robinhood
Link Posted: 1/26/2021 7:55:43 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:


Should have bought 10 call contracts instead.
View Quote

I did both.  
Link Posted: 1/26/2021 7:56:03 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By IAm4:
How do I get in on the penny stocks like innd. I use robinhood
View Quote

I use Schwab for it personally.
Link Posted: 1/26/2021 7:57:06 PM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By stillerfan:

I did both.  
View Quote


We are in this together!
Link Posted: 1/26/2021 7:57:49 PM EDT
[#18]
Tomorrow is going to be pretty epic one way or another.
Link Posted: 1/26/2021 8:00:46 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rollin-tumblin:


Your username.  Appropriate based on your reasoning
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rollin-tumblin:
Originally Posted By crashburnrepeat:



are you freaking KIDDING me?! That's awesome.

I have been watching this but have not jumped in because A)I'm a moron and B) it will crash 5 seconds after I buy it.

What did you get in at? was this a recent purchase or did you get in early when it was low?
@apexcrusade


Your username.  Appropriate based on your reasoning


it's autobiographical
Link Posted: 1/26/2021 8:07:42 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:


Should have bought 10 call contracts instead.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:
Originally Posted By RyanEsstac:
I had a good feeling about AMC, no clue why I only bought 200 shares


Should have bought 10 call contracts instead.


I feel like need to know what in doing with that

Currently up 330% since March, something tells me it would be far lower if I played with options.
Link Posted: 1/26/2021 8:08:07 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By tornadochaser:
how many basement dwellers are getting their first lap dance tonight compliments of Gamestop?
View Quote

Link Posted: 1/26/2021 8:09:01 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RyanEsstac:


I feel like need to know what in doing with that

Currently up 330% since March, something tells me it would be far lower if I played with options.
View Quote


Not if you bought game stop ones.
Link Posted: 1/26/2021 8:09:22 PM EDT
[Last Edit: CamelPatriot] [#23]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Admiral_Crunch:

View Quote

Crunch, is this interesting? If true this will bump price even higher. We'll see next AH if true or not, but if true a good Thursday market for INND.

Wel
Link Posted: 1/26/2021 8:10:31 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:


Not if you bought game stop ones.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:
Originally Posted By RyanEsstac:


I feel like need to know what in doing with that

Currently up 330% since March, something tells me it would be far lower if I played with options.


Not if you bought game stop ones.


I'm not touching that with a 10ft pole. GME is a trap.

I'll gladly day trade a few shares.
Link Posted: 1/26/2021 8:16:06 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By VooDoo3dfx:
So what is it next after GME? BB, AMC or Nokia?
View Quote

I'm in all three with shares and calls
Link Posted: 1/26/2021 8:18:40 PM EDT
[#26]
Is anyone still in JAGX? I bought in today hoping for good news on a SPAC merger tomorrow morning.
Link Posted: 1/26/2021 8:19:06 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:
Tomorrow is going to be pretty epic one way or another.
View Quote

My march 19 $3.50 AMC calls agree.
Link Posted: 1/26/2021 8:23:05 PM EDT
[Last Edit: EagleArmsHBAR] [#28]
This is all such a gamble.
Link Posted: 1/26/2021 8:26:59 PM EDT
[#29]
Originally Posted By CamelPatriot:
BB+AMC tomorrow hoping for some good gains.

View Quote


Same for me
Link Posted: 1/26/2021 8:28:24 PM EDT
[#30]
AMC approaching $8.
Link Posted: 1/26/2021 8:29:41 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:
AMC approaching $8.
View Quote


On 108M shares volume AH!
Link Posted: 1/26/2021 8:30:12 PM EDT
[#32]
I feel like dumping some more cash into my TD account. What's good to buy at opening tomorrow?
Link Posted: 1/26/2021 8:31:27 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By colt_thompson:

My march 19 $3.50 AMC calls agree.
View Quote


Mine are at $10.
Link Posted: 1/26/2021 8:35:28 PM EDT
[#34]
AMC killing it
Link Posted: 1/26/2021 8:36:38 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By IL2windhawk:


On 108M shares volume AH!
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The squeeze is on.
Link Posted: 1/26/2021 8:39:01 PM EDT
[Last Edit: KaiK] [#36]
Lol $8.


Edit  Lol. Attachment Attached File


Now wish I would have bought way more calls.
Link Posted: 1/26/2021 8:41:27 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:
Lol $8.
View Quote

Going crazy AH, may we all get rich even though I only have 43 shares.
Link Posted: 1/26/2021 8:43:28 PM EDT
[#38]
AMC mooning. How long until we break its $35 high?
Link Posted: 1/26/2021 8:43:40 PM EDT
[Last Edit: Underscore20] [#39]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By VooDoo3dfx:
So what is it next after GME? BB, AMC or Nokia?
View Quote


I'm by no means a stock expert. But the GME squeeze is working because 140% of the float was shorted. WSB isn't going to be able to pull this off stock after stock. They can get some pumps, so keep expectations in check.
Link Posted: 1/26/2021 8:46:21 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ContrarianIndicator:
AMC mooning. How long until we break its $35 high?
View Quote

Friday at this rate.
Link Posted: 1/26/2021 8:46:45 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By evo7011:

ok, I'm in for 40k more shares tomorrow
View Quote



Fuck thats pink sheet stock bro.
Link Posted: 1/26/2021 8:47:33 PM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Underscore20:


I'm by no means a stock expert. But the GME squeeze is working because 140% of the float was shorted. WSB isn't going to be able to pull this off stock after stock. They can get some pumps, so keep expectations in check.
View Quote


AMC was 50% of float short last reporting.  This one could be big too.
Link Posted: 1/26/2021 8:48:43 PM EDT
[#43]
I wonder if any big players with large short interest are watching GME and bailing on their short positions out of fear that they'll be next
Link Posted: 1/26/2021 8:48:49 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By EvoXGunner:



Fuck thats pink sheet stock bro.
View Quote

You don't have OTC?
Link Posted: 1/26/2021 8:50:25 PM EDT
[#45]
Someone is trading AMC options right now.  That's got to take some pull.
Link Posted: 1/26/2021 8:51:04 PM EDT
[#46]
I jumped in GME at $92 because of you guys here.

It was $35 when it hit my radar and thought no way for a mini mall video game trading bizz.
Then I followed your breadcrumbs to WSB and holy shit they are serious.
Late boomer here so I don't really fit in - sold my GME at $148 - no diamond hands for me, paper only!

Might even try some calls on BB.
Link Posted: 1/26/2021 8:52:18 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By EvoXGunner:



Fuck thats pink sheet stock bro.
View Quote

why you no like gainz?
Link Posted: 1/26/2021 8:53:18 PM EDT
[Last Edit: LeadRX] [#48]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By KaiK:
Someone is trading AMC options right now.  That's got to take some pull.
View Quote



How does this work? I thought all trading ends by 5pm?

And what do you guys think AMC will peak at?
Link Posted: 1/26/2021 8:53:54 PM EDT
[Last Edit: IL2windhawk] [#49]
Guys, am i reading this right....?

AMC 56M shares short volume
fintel.io short volume

and MW says AMC has a public float of 56.57M shares.
https://www.marketwatch.com/investing/stock/amc

And they just declared they have cash through 2023
Link Posted: 1/26/2021 8:54:35 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By IL2windhawk:
Guys, am i reading this right....?

AMC 56M shares short volume

and MW says AMC has a public float of 56.57M shares.
https://www.marketwatch.com/investing/stock/amc

And they just declared they have cash through 2023
View Quote



And as a noob, what does this mean?
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