Apocalypse Investment thread.


Five-0

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So what’s the next MVIS? The one we can all get in at 1.50 or less and roll the wave to $17/share. I’m in for that, lol.
 

importcrew

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I keep hearing about CWSFF (OTC). It's currently trading at $0.7302 per share. I don't know much about this company yet, so don't trade because I mentioned it. I still have to do DD. Just stating that I keep hearing about it. If anybody is interested, I can look into getting some DD for this. But keep in mind, this is OTC. You will be charged a fee to buy and charged a fee to sell this stock (depending on broker). Robinhood also does NOT trade this stock. Robinhood doesn't do any OTC that I know of.
 

Outlaw

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I’m good with MVIS still. I sold out of a handful of other positions that were stagnant and picked up another 200 @ $13.60

Current RH portfolio diversity 95.75% MVIS lol.
 

Outlaw

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From what I can gather from reading, since it was picked up with the Reddit Bros a lot of people who haven’t been following it as closely bought in with no knowledge or unrealistic ER expectations and are jumping ship. That, paired with heavy short action is what’s putting us in our current position.
 

importcrew

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From what I can gather from reading, since it was picked up with the Reddit Bros a lot of people who haven’t been following it as closely bought in with no knowledge or unrealistic ER expectations and are jumping ship. That, paired with heavy short action is what’s putting us in our current position.
It happens every ER actually. Usually there's always a run up before ER then there's the ER dump. I've been in MVIS for about a year now. It has happened every time. Only one time have I sold out my complete position at the top, and bought back on the dip and that was the first ER I was in with MVIS.

MVIS is 100% of my RH portfolio, WeBull and ETrade portfolio. It's also 95% of my TDAmeritrade account.
 

Outlaw

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Well that makes me feel better about my lack of diversity 😂

It’s all of my RH now aside from 10 ETC coin.

My other stocks that I’ve purchased since getting the account are in E-Trade, crypto now in a personal wallet.
 

importcrew

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Well that makes me feel better about my lack of diversity 😂

It’s all of my RH now aside from 10 ETC coin.

My other stocks that I’ve purchased since getting the account are in E-Trade, crypto now in a personal wallet.
That's how much I believe in MVIS. But doesn't mean I won't day trade something with my RH margin. Last December alone, I traded (went through) about $300k worth of margin. Buying and selling using margin.
 

radioguy6

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Yeah for me MVIS is a long position with occasional profit taking like I did on monday. Its obvious the children bashing this stock never researched a thing, they just go parroting everyone else screaming its only 80 employees and they only made 500k??!!!! PuMp AnD dUmP :rofl:

Thanks for the discount!
 

Outlaw

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I’m just here because you told me to 😂

I was reading/ learning a lot from Jan-March when I was slow, but I still know nothing about margin trading, calls, puts, etc... now that it’s busy season for me with my “real” job I pretty much just have time to check my RH acct and post on here occasionally lol.
 

importcrew

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MVIS is heavily manipulated but usually has a pattern. Especially around earnings every single time. I just stopped trying to scalp around earnings because of that "just in case" moment. It's life changing money for me and my family. That's why I started day trading and it's pretty fun, but can get stressful at times.
 

Outlaw

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I can deal with stress lol, I just need the knowledge and experience. Buy six figures worth of trucks/equipment a few states away based on pictures and a 15 word description with your own money multiple times a year and you get pretty desensitized to potentially catastrophic decisions.
 

importcrew

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That's the truth. I've sold high priced items for my father-in-law, and had people coming from out of state. Easier for me to deal with it since I was the one selling and not buying. But with the stocks, and me using margin, I use big margin that could easily go sideways if not careful or get careless and make me lose out on my MVIS position. Lol. I'm used to it, but when I first started trading and learning and getting into day trading, I would get more stressed. There's 2 places I paid to learn. I taught most of the basics by myself and learned on the way from a few years ago. Just got more and more comfortable. Then with actual day trading, I paid for some courses that basically reiterated mostly of what I knew, but did teach me some more stuff that I didn't. Plus it's what taught me to keep my cool more than any other place I've learned to trade with. This place helps teach and sends out alerts for day trades, swing trades, options, ect. But it did cost a little over $1k for an annual membership.
 

Bob Hope

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I should of sold at $28 and bought back in. I’m still doing fine but a bit more cash flow would of been nice.
 

Outlaw

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I should of sold at $28 and bought back in. I’m still doing fine but a bit more cash flow would of been nice.
Im in the same boat. coulda shoulda woulda....

Im happier having not sold and have it go down for a while vs. selling and and missing the bus if it went up.
 

importcrew

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I should of sold at $28 and bought back in. I’m still doing fine but a bit more cash flow would of been nice.
I could only imagine how much cash flow I'd have if I did this every time we spiked up. Since I'm looking at it for the long/buyout at some point (a possibility of Q3 this year), then I was afraid of losing out. Plus, I don't feel like having to pay a lot in taxes yet. Lol.
 

Outlaw

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If you sold your position at $28 and reinvested 100% of it at $14 a few days later wouldn't you be sheltered from tax until you actually sold it and didn’t reinvest?
 

importcrew

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If you sold your position at $28 and reinvested 100% of it at $14 a few days later wouldn't you be sheltered from tax until you actually sold it and didn’t reinvest?
Negative. It's still counts as capital gains because it's realized. If it's all unrealized gains, then you're good and no taxes to be paid. But once you take profits (and even reinvested it right away), it's still counts as realized profits and taxes will have to be paid.
 

Bob Hope

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Im in the same boat. coulda shoulda woulda....

Im happier having not sold and have it go down for a while vs. selling and and missing the bus if it went up.
And that was my fear and ultimately why I didn’t sell. The missed opportunity potential ultimately outweighed any short term gains I lost out in.

I had my finger over the button a few times though :rofl:
 

importcrew

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MVIS trying to fill the gap. Some good volume this morning. Let's see if we can keep it up. I did average down some of my calls I bought yesterday.
 

importcrew

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Here's some tidly bits of info. A person in a discord I'm on mentioned this, and at this point, I whole heartedly agree (although Q3 is a possibility of buyout, but doesn't mean it will happen).
Just my opinion, but I believe they're going it alone for most of 2021. I hope we get a customer announcement later in the year but that's all I'm expecting beyond tech updates.
A very respected heavily invested investor mentioned this:
This is key. I think they are closer to a customer than many of you think. They designed this unit from direct OEM communication... and they've no doubt kept those OEMs abreast. No other LiDAR company has hit the magic formula yet. If we have, and we'll know that soon enough, as Sumit said yesterday... it's like air bags in cars. A few in the supply chain positioned themselves to win all the business. That's where we are. At this moment, they are going it allone - full on - and look to succeed. That process is what leads to maximum value in not going it alone.
If we get a customer, and we prove/confirm our product to be what we say it is.....and by "we" I mean "MVIS", then we can set the standard or be the "de-facto" of the lidar products for the automotive industry. (or at least have the "leg up" on competitors).

Another thing that was shared is this:
This pic shows ranges according to MM's hedges. This was generated end of day on 4/28. It indicates that price will go back up. When is the question.
 

Outlaw

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It makes sense. There aren’t 100 different airbag manufacturers... there’s what, three? If they can position themselves to be the gold standard for LiDAR systems they will cement themselves in the industry.
 

Sprayin

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I hope it goes up before May 21st :rofl: took out a call position when it was trending down on Tuesday and it's absolutely getting wrecked at the moment.
 

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