- Oct 5, 2015
- Reaction score
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.
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.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.
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.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.
Im in the same boat. coulda shoulda woulda....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.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.
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.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?
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.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.
A very respected heavily invested investor mentioned this: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.
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).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.
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.