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   Microcap & Penny StocksMicrovision (MVIS)


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From: tktrimbath12/31/2021 8:26:37 PM
1 Recommendation   of 7705
 
My End of Year Synopsis (Ha!) of MVIS

INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I post in case it helps others too.

MicroVision

MVIS (market cap is $0.822B was $2.65B)

MicroVision is a manufacturer of electronic subcomponents based on the technology inherent in a MEMS (Micro-Electro-Mechanical-System) mirror on a chip. By properly employing the chip it is possible to develop a range of applications because light impinging on the mirror can become a projector, or a sensor, or both. Currently the primary commercial product in production is incorporated into Microsoft's Hololens augmented reality headset. The primary product in development is a miniaturized LiDAR sensor that enables autonomous vehicles to 'see' the world around them. Other projector applications include those for entertainment, various interactive products (like smart speakers that include a visual interface projected on nearby surfaces), as well as projectors embedded in smartphones - which have already been made commercially available, but did not gain wide adoption. The other sensor applications include smarthome sensors, as well as industrial robot applications.

As I wrote in a recent blog post, "I’ve seen the technology advances from punch cards to keyboards, from mainframes to mini-computers to PCs to laptops, from reading printers to CRTs to LCDs/LEDs and saw the natural progression from fragile flat panels to virtual imaging."

Despite being labeled a 'meme stock', the company has been working on these technologies since the mid-90s. The good news is that most of the elements of the business have continued to develop. The not-so-good news is that the same is true for the competitors to the point that MicroVision's early mover advantage has been dramatically shrunk. The other not-so-good news is that, despite that many years of effort and continual impressive potential, the company has yet to demonstrate sustainable business results.

Thanks to the company's meme status, management was able to generate sufficient funds to allow independent expansion - eliminating the need for buyouts. There is good reason to believe that Microsoft's Hololens may provide growing revenues for MicroVision, that the LiDAR business may become profitable soon enough, and that the other applications can generate significant revenues, as well.

For many years I've effectively wondered if each semi-annual synopsis will precede the company's breakthrough moment, or its demise. The company's position in terms of cash, technology, market, customer, product, and public awareness have rarely if ever been this positive. And yet, history suggests caution.

As if this 'synopsis' wasn't long enough, here's a recent and longer blog post with more details. My MVIS Dream as of December 15 2021 trimbathcreative.net

For even more details, follow the tags for MicroVision and MVIS, which reach back a decade.

trimbathcreative.net

trimbathcreative.net

DISCLOSURE LTBH since 1999 (though the very first shares are gone). My patience has been revitalized thanks to the rocket-like rise from $0.15. Dilution no longer means that I have more than enough if the company finally succeeds and the stock reaches the heights I think are possible. I doubt I'll buy more because of the rest of my financial situation, and intend to hold until much higher price targets are reached.

(I've also collected links to the other discussion boards and my other stocks over on my blog trimbathcreative.net )

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From: tktrimbath1/1/2022 1:09:22 PM
   of 7705
 
Anecdotal interest in MVIS - I just posted my "Popular Posts in 2021" post for my main blog. The great majority of the popular posts were about MVIS. I write about personal finance, other stocks, frugality, community, innovations and inventions - and none come close to the amount of traffic MVIS generates. The top three referrers in order were Reddit, Twitter, Facebook. Filling in the next gap were Stocktwits, Silicon Investor, and Motley Fool. And, it wasn't just 2021 and 'meme' stocks, which I also wrote about. Every year has been similar, though 2021 was very much about MVIS. As for 2022? Well, we were waiting for "next year". Hopefully 2022 is it (and we're not treating "next year" like the fact that tomorrow never comes.)

https://trimbathcreative.net/2022/01/01/popular-posts-in-2021/

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To: rdkflorida2 who wrote (7682)1/19/2022 1:26:54 PM
From: rdkflorida2
   of 7705
 
I've read some "disturbing" info about MVIS. "IF" true the PPS is going to continue to plunge. I was going to buy recently but am now back on hold. TWT. RDK

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To: rdkflorida2 who wrote (7686)1/20/2022 10:15:02 AM
From: PJr
   of 7705
 
I am thinking about taking a position in MVIS at these levels also. Do you care to share the disturbing info or do you have a link to the news so I can factor it into my decision? TIA

PJr

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To: PJr who wrote (7687)1/20/2022 4:25:39 PM
From: rdkflorida2
   of 7705
 
Cash problems. Either iHUB or StockTwits. Try a Google search. I am not a fan of the stock at this time. Maybe a relief rally for a trade. GLTU. RDK

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To: PJr who wrote (7687)1/24/2022 10:11:36 AM
From: rdkflorida2
   of 7705
 
Other than a dead cat bounce/relief rally MVIS looks to drop below a $1.00, IMHO. Then a R/S. BWDIK.

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To: rdkflorida2 who wrote (7689)1/24/2022 12:11:38 PM
From: PJr
1 Recommendation   of 7705
 
That actually wouldn't be so bad. I like their IP portfolio so I'll likely buy some at some point but I'm still waiting a bit to pull the trigger since I expect it to drop a little further. If they decide to hang it up, they've got value in their intellectual property that a lot of companies would love to own. I don't know if they have a cash problem or not. Their CEO as recently as this week says they've got sufficient cash to last this year and into next. They have no debt. It definitely belongs in the speculative wing of the portfolio. It's always fun to have two or three of those for entertainment. I flipped it several times this past summer when their share price was going wild. Without their IP, I wouldn't be looking at it.

Pass me the dice. C'mon seven. Baby needs new shoes!! <G>

PJr

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To: PJr who wrote (7690)1/24/2022 12:13:49 PM
From: rdkflorida2
1 Recommendation   of 7705
 
Traded it myself. I'm just watching for now. GLTU going forward. RDK

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From: Sultan2/4/2022 4:48:53 PM
1 Recommendation   of 7705
 
13G - Blackrock

ir.stockpr.com

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From: Sultan4/25/2022 7:18:38 PM
   of 7705
 
MicroVision Track Testing—Full Video

youtube.com

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