Submitted by noholesbarred69 t3_ycgz7f in wallstreetbets
Early birds catch the juiciest worms!
Its Monday cocksuckers.. And lady cocksuckers. And boy do I have a spicy one for you today... Lasers BITCH!
April 2021 saw a massive squeeze on MVIS. It was massively shorted and a lot of covering took place at that time, reaching a high of $31 in premarket at its peak, fuelled in part by WSB and all the hype of a potential MSFT buyout, we all know how that went, but fuck you that's not the point. Fast forward 18 months and it’s clear that the price action in April 2021 was just an amuse bouchée for what will happen next.
Developments since April 2021 include: Mavis has continually been shorted, with trades hidden in dark pools. It’s getting worse by the week as daily we are seeing trading largely Algo driven as with a lot of the market, liquidity is drying up and shorts are passing blocks between themselves to drive the price down. Some wrinkle brains with actual knowledge of how the market works have counts in the range of 100million shares short total on MVIS, a big difference from the 24% currently reported. Average short volume for the past 30 days is a whopping 70.36% with off exchange volume for the past 30 days touching 34.08%. Given many stocks are highly shorted right now I don't want to hear any slabbering, I know this shit man, but with a product as delicious as MAVIN Dr just being trademarked, and the fact they provided the light engine which made the Hololens 2 possible, and lets face it, if MSFT are using MVIS for the Hololens 2 they sure as hell are using it for the IVAS which secured MSFT that ball tingling $22bili contract with the US military. This is a ticking time bomb ready to fuck any short brave enough to touch it. Hiya Kenny.
MVIS have a cash runway for 2 years. They have negligible debt and a low cash burn compared to the other LiDAR companies. Which given the state of the world right now is a golden arrow in their quiver, many of these competitors aren't likely to make it to production without seriously diluting their shareholders... I'm looking at you Omer(INVZ CEO for those unaware) who on the 29th of September announced Mixed shelf registration for up to $200million... CEO claims they don't need it but have done so for "good business practices".... Check his twitter comments stating such. I call bullshit, enough said.
MVIS was the first of 3 LiDAR companies chosen to be part of the FKA consortium set up to define LiDAR standards. MVIS launched Mavin DR LiDAR. Initially in a uniform rectangular black casing, this was then changed to what was described as an “OEM friendly” white casing which had a very specific and unusual shape to it unlike the black casing. It has a slim profile and can mount neatly behind a car windscreen. When this converts to being made with an ASIC inside, the unit will be an even smaller form factor. Which the company has filed trademark registration for on 10/11/2022 https://uspto.report/TM/97628161 notice the smaller form factor compared to the original postings on linkedIn https://www.linkedin.com/posts/microvision_autosens-automotivelidar-activity-6975685318729490432-Hy3B?utm_source=share&utm_medium=member_desktop
Now the company has stated the form factor will get smaller when ASIC is completed... Is this the final smaller form or will we see another size decrease... We can only speculate for now..
Mavin works at 80mph, in bright sunshine and thrives at night, and in rain and can even see puddles on the road. It suffers no interference from other cars. This has been tested and demonstrated to Some OEM (it hasn't been declared who) in Germany where the company has Offices set up as of last year... Someone wants MVIS in Germany...
Mavin works at 30hz, better than anything else out there.
Mavin uses 905nm so it is a cost effective and scalable solution for OEMs.
Mavin is available to OEMs via the NVDA platform. MVIS coincidentally gained a new board member - Jeff Herbst who spent 20 years working at NVDA in M&A. Feeling like Pac-Man munching up these dots.. Nom, Nom, Nom.
MVIS currently has 3 vacancies for ASIC design engineers https://www.microvision.com/current-opportunities/ To which the CEO Sumit Sharma stated last year that it is not cost effective to design an ASIC unless they have secured orders for 1.2-1.5 million units... What does that tell you???
Sumit said that when everything was as the OEMs wanted it, the design would be locked in and they would get it certified. At the end of September Mavin was confirmed as being independently certified as class 1 safe for eyes. With another patent thrown in for good luck! Listen. Some clampets out there are stating that such a certification is capable of being self-certed.. to which I respond... Why the delay then bitch??? Because just like everything in this shitshow of a world since Covid, THERE ARE DELAYS.
MVIS said in the Jan 2022 investor slides that they would be ready for partnerships this year. Now that Class 1 certification has been achieved, MVIS do not have any more milestones to achieve, next stop is sales! To which Sample sales have already started and are being shipped off to the big knobs with fat ass check books as we speak...
Single Unit - https://uspto.report/TM/97628161/APP20221014103328/3.jpg 5 Unit case - https://uspto.report/TM/97628161/APP20221014103328/4.jpg Talk about classy..
MVIS have been dealing with at least 1 OEM since 2019, and they mentioned they were sitting on orders for sample sales in July’s earnings call. Now they have the class 1 certification, those orders have been shipped. They quoted one OEM as saying “Mavin is the best LiDAR product they have ever seen”. Sumit’s character is that of a very humble man, but he does not believe there is any competition and he does not think there is a single LiDAR out there that comes close to Mavin. He said that this will be as big and disruptive as the creation of the internet. Now, when I say Sumit is a humble man I certainly believe that to be the case, he is an engineer, so he gets rightfully excited when talking about the product and what the company has achieved with such, and in my opinion has no need to be a boisterous character like we see in some of the competitors, cough Austin Russell cough which tells me a lot about the company and the product they are offering...
The MVIS executive bonus scheme was launched this summer and it rewards them for the share price reaching levels between $12 and $36. Todays opening price was $3.49. So a 10 bagger if it just goes to $36 and $36 is NOT THE CEILING!!! The tiered executive bonus scheme is organised as such that management doesn't get awarded shares unless the share price reaches the thresholds and stays there for 20 days. THIS IS NOT A PUMP AND DUMP. This is the real deal, and will make you enough money to finally move your way up from sleeping at the bottom of your wife and her many boyfriends bed.
Their investor slides contained projections based on them taking between a 15%-40% share of the market.
They have conditions in their contracts to lay out what happens if there is a change of control - including a trigger if the company that buys them out is based beyond a certain distance from their office.
In January 2022 the CFO Anubhav Verma said that he expects the industry darling (which they obviously believe will be MVIS) to be bought out within 18-24 months. That’s a timeframe of July 2023-January 2024. This suggests multiple deals are expected to be signed over the next 9-10 months to support a big rise in the share price and to enable a buy out at an acceptable level.
In addition there is the ongoing income from the Microsoft Hololens 2 which as previously mentioned only exists because of MVIS tech!
Done so by a very fine Redditor who took it upon himself after countless hours or research following patents etc to prove once and for all that MVIS are the dogs balls and have the tech so well patented and perfected that the biggest, baddest tech companies in the world cannot make this tech as good as this for themselves. Hiya Meta and APPL. Now MSFT had MVIS by the balls when this deal was struck as the company could well have been facing bankruptcy if it wasn't for the savage group of investors who put so much into this company, they staved off the relentless shorting and helped bring about the savage short squeeze we seen in April 2021.... This company has made so many people life changing amounts of money... But guess what, they ain't fucking done yet. People still buying shares when its right for them as they know the life changing money they have already made will be made again...
Many AR patents from the goliaths have appeared that mention LBS and MVIS. Apple, Google, Meta, and Microsoft are all working on headsets and smart glasses. Sumit said that MVIS tech will absolutely be a part of any smart glasses that make it to the market. Sumit said that the big players all know MVIS and they are ready and waiting when the goliaths complete their product development. Then factor in that despite all of the above, MVIS is ridiculously shorted. Institutions are increasing their holdings. MVIS retail shareholders keep buying the dips, and no one is selling. We all know what we own. It’s going to be one hell of a ride from now and anyone jumping in now is getting it at a great price. There is so much cash sitting out of the market at the moment, the FOMO will be out of this world when the deals roll in. Which they will, the writing is on the wall, it’s inevitable.
Oh yeah EC is this Thursday.. Not expecting any mind blowing or even significant revenue changes, anyone expecting such will be sorely disappointed, but that is not the point. The business updates and hearing the confidence in managements statements is enough to get you harder than a couple little blue boys and your Mrs standing with a big red dildo to fuck you harder than the market has this year.
Listen, I could post DD for days on this company but you degenerate fucks are probably only going to read the TLDR and tell me to "short squeeze these nuts" (Fuck you Automod) buy shares, LEAPs if you must, but do not play into the MMs hand by buying weeklies or I'm going to come fuck you myself.
TLDR; this is in my opinion the most highly researched company on the market, the DD is phenomenal, and the company has the meat to follow. They cannot make a move without retail hot on their tail... And management KNOW THIS... Fuck the shorts, lasers are the future and MVIS knows lasers better than anyone. PEW PEW
P.s THIS IS NOT A SHORT SQUEEZE PLAY, although, the fact it is so highly shorted is just some extra fuel for when a deal is announced i'm telling you now so you have a chance to get in not far off what has so far been the bottom... What happens between now and a deal being announced is anyone's guess, but this is a damn good place to join the roller-coaster.
Positions https://imgur.com/Z2dvqdS And a Spreadbet account that makes Bill Hwang look like a genius