so what if MVIS is valued about right and all the other LIDAR companies are just super over-valued?
One other lidar company (that is a big competitor) is worth less than we are (price per share). Another one have developmental deals/contracts. They have to meet certain criteria within certain time lines. If we get more validation and a customer and prove our product is better than $LAZR, we should at least be at their market cap. That would put us roughly around $36/share. That only includes our lidar vertical. We're undervalued based off what we can produce and will produce. Sometimes it takes time to get priced in and with certain criteria being done or met. What's the likelihood of many other competitors being over valued and us being the only one being correctly valued? Very unlikely. My funds finally got transferred. Now I'm ready to buy calls and shares. Next milestone I'm looking forward to for $MVIS is the IAA (the show they're doing in Germany). The CEO did mention they will have video demos and live demos, and they will PR videos during and after the event. That's going to be huge. Another thing to mention was that he called out the other big competitors since they haven't put out actual data while $MVIS has.
Nice I made a little $2/share pop just due to this.
I haven’t done detailed research or looking at old postings. But is this more of a hold for long term or just until a certain time/amount.
This would be a longer term hold. Currently the company will finally prove in person with live demos and videos of their data and their Lidar. So in and around September (the IAA), expect validation of the lidar product and the data that the company has been touting. With validation, comes proof we are the superior product and we then can at least meet the market cap of our next major competitor which has a market cap of roughly $6B. That same market cap for $MVIS would be roughly $36ish per share. Next comes partnerships and customers and $MVIS is the only company ready to start producing their products by Q4 of this year with increasing production the following year by Q2 2022. This is also not counting their other vertical like IVAS (military hololens 2 equipment). The Army has tested in a large scale of up to 50,000 units of IVAS and now the Marines want in on it. Plus the hololens 2 is being used in other markets such as office, mechanics, aerospace, ect.
If you'd like, I can link you to some major DD for the company. This is all about fundamentals and $MVIS has the ability to be the best.
