Thursday, June 14, 2007
Position Updates: MVIS
I might as well address today's dip outright, instead of fucking around in the comments section.
If you have been invested in MVIS, you know the stock has a tendency to look like shit-soup, every once in awhile.
For me, whenever I feel like ripping someone's face off, due to a MVIS decline, it usually is a pretty good time to buy.
If you are invested in the stock, you are in it for its future--not present.
The company has spent over 10 years time and 200 million dollars perfecting the technology called MEMS. This technology is their meal ticket, which is protected by dozens of U.S. issued patents.
In due time, MVIS will join partnerships and be the recipient of big contract wins and strategic alliances, with some of the biggest handset companies in the world-- if not the biggest.
In short, for me, owning the stock is not a trade. Sometimes having patience pays off. In my opinion, this is one of those times.
UPDATE: It appears some fucktard put a market sell order for 140,000 shares.
If you have been invested in MVIS, you know the stock has a tendency to look like shit-soup, every once in awhile.
For me, whenever I feel like ripping someone's face off, due to a MVIS decline, it usually is a pretty good time to buy.
If you are invested in the stock, you are in it for its future--not present.
The company has spent over 10 years time and 200 million dollars perfecting the technology called MEMS. This technology is their meal ticket, which is protected by dozens of U.S. issued patents.
In due time, MVIS will join partnerships and be the recipient of big contract wins and strategic alliances, with some of the biggest handset companies in the world-- if not the biggest.
In short, for me, owning the stock is not a trade. Sometimes having patience pays off. In my opinion, this is one of those times.
UPDATE: It appears some fucktard put a market sell order for 140,000 shares.
Comments:
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Broker, it's kind of strange that you must always justify your position and take on MVIS for all of the sheeple that follow you. Why do you give a fuck?
You know it's a promising company, so fuck the small talk. I know, no one asked me...well, fuck you then.
You know it's a promising company, so fuck the small talk. I know, no one asked me...well, fuck you then.
Tim--
I do it because most "sheeple" lose sight of the big picture quickly.
If you haven't figured it out by now, this blog is one big fucking public service.
I do it because most "sheeple" lose sight of the big picture quickly.
If you haven't figured it out by now, this blog is one big fucking public service.
pep talks and affirmations have proven to be good psychotherapy...not that there is anything wrong with that.
So, give the Fly some leeway.
Fly, a big bowl of oatmeal is in order about now.
Mike-- 80%??...you need your head examined.
So, give the Fly some leeway.
Fly, a big bowl of oatmeal is in order about now.
Mike-- 80%??...you need your head examined.
MVIS, as for the charts, is picture perfect.
MVIS was well extended above the 20 day moving average, or the mean, for you non chart chompers.
This average, the 20 day, is currently at 5.25
It would be perfectly normal and healthy for MVIS to see this level (5.25) before moving back up.
Nothing to sweat here. There are no signs techincally of any "bad news" being priced in. We simply have a stock that got ahead of itself.
MVIS was well extended above the 20 day moving average, or the mean, for you non chart chompers.
This average, the 20 day, is currently at 5.25
It would be perfectly normal and healthy for MVIS to see this level (5.25) before moving back up.
Nothing to sweat here. There are no signs techincally of any "bad news" being priced in. We simply have a stock that got ahead of itself.
Sorry, oatmeal is to be used for bad markets only.
I do not think Mother Market would appreciate me using oatmeal for selfish reasons.
Plus anyway, I'm not hungry.
I just ate a bagel.
I do not think Mother Market would appreciate me using oatmeal for selfish reasons.
Plus anyway, I'm not hungry.
I just ate a bagel.
My chart chomping mofo analysis has 4.74 as support for MVIS.
Fly, let us know when you deplete your supply of oatmeal and have to run to the store for more. I have added that occurance to my stable of indicators.
Fly, let us know when you deplete your supply of oatmeal and have to run to the store for more. I have added that occurance to my stable of indicators.
To all concerned, I am 23, have a separate IRA for long term / retirement, and I say fuck it, this account is for me to mess around with, and why not try to hit a big score? It's not like I don't have any time to make the money back if I lose it....great to be young.
I will stake my reputation on this: MVIS will see 6 before it sees 4.76
If I'm wrong, feel free to come over and harass me endlessly on my blog.
If I'm wrong, feel free to come over and harass me endlessly on my blog.
Stockhead--
If your "analysis" says $4.74 because of the 50 day MA, I will track you down and throw a bag of flour on you.
Once MVIS inks their first deal, this blog may self destruct.
If your "analysis" says $4.74 because of the 50 day MA, I will track you down and throw a bag of flour on you.
Once MVIS inks their first deal, this blog may self destruct.
50-day is 4.58...I don't think we'll see that --- buyers should show up in droves in the 4.70 - 4.80 range. Just using a semi-wild-ass guess / eyeball analysis. I must be deficient because I don't have a "calculator brain".
Buying on weakness and selling into strength will make you rich for long-term investments! Majority of people in the markets, are really clueless of the dynamics of the markets.
KC--
That's the dumbest shit I heard, since my birth year of 1976.
When stocks go up, they tend to keep going up.
Case in point: RIMM, AAPL, MSFT, BWLD, etc.
In short, get behind a winner and ride it until your Camry morphs into a Ferrari.
That's the dumbest shit I heard, since my birth year of 1976.
When stocks go up, they tend to keep going up.
Case in point: RIMM, AAPL, MSFT, BWLD, etc.
In short, get behind a winner and ride it until your Camry morphs into a Ferrari.
Good call Mike. The key word there is "your money". Do what you want with it. You will learn down the road, that regardless if you beat or lose against the market, your experiences will teach you your own risk/reward ratio. Just always remember one of the most important and hardest things to do, cut your loses.
I certainly will cut my losses when I have them, luckily for me I got in at 3.50, and now have a basis of 4.60 so this is just a minor pain.
You are kidding right? Selling on strength? I remember talking with multiple bag holders that sold MRO, VLO, FTO, and WGR (previously Western Gas, now APC) on strength.
MVIS making longs nervous. Time to bail on this penny stock that morped into $5 with no revenue. just a bunch of speculators following king "fly".
"When stocks go up, they tend to keep going up.
Case in point: RIMM, AAPL, MSFT, BWLD, etc.
In short, get behind a winner and ride it until your Camry morphs into a Ferrari."
Love this. Great post, God.
Case in point: RIMM, AAPL, MSFT, BWLD, etc.
In short, get behind a winner and ride it until your Camry morphs into a Ferrari."
Love this. Great post, God.
kc...my $0.02..
"cut losses and let profits run" is a fundamental axiom of trading / investing--
cutting chart chomping winners short and throwing good money at bad, weak stocks is a sure way to go broke. I've paid tuition at that school in the past.
"cut losses and let profits run" is a fundamental axiom of trading / investing--
cutting chart chomping winners short and throwing good money at bad, weak stocks is a sure way to go broke. I've paid tuition at that school in the past.
kc...
"Buying on weakness and selling into strength will make you rich for long-term investments! Majority of people in the markets, are really clueless of the dynamics of the markets."
Forgive me for beating a dead horse, but that quote sounds like something your broker told you.
I just trying to save you some pain and regret in the future. Ditto for the rest of the sheeple.
"Buying on weakness and selling into strength will make you rich for long-term investments! Majority of people in the markets, are really clueless of the dynamics of the markets."
Forgive me for beating a dead horse, but that quote sounds like something your broker told you.
I just trying to save you some pain and regret in the future. Ditto for the rest of the sheeple.
When I bought WNR, MCF, VLO, FTO, and MRO, I obviously bought from; people rasing capital short term, or idiots.
60% of trading is half mental.
Usually the best stories are long term stories.
Like Joey got 100 shares of KO for his Bar Mitzvah in 1979 and its now worth 50,000-etc...
My favorite Buffet quote "I wouldn't care if the Stock Markets stopped trading for 5 years". EGO and trading stocks is dangerous combo. May I suggest Fantasy Football.
Usually the best stories are long term stories.
Like Joey got 100 shares of KO for his Bar Mitzvah in 1979 and its now worth 50,000-etc...
My favorite Buffet quote "I wouldn't care if the Stock Markets stopped trading for 5 years". EGO and trading stocks is dangerous combo. May I suggest Fantasy Football.
mvis is clearly consolidating. its no big deal. the stock was up 30% in one week, of course it will sell off.
I BAILED A LONG TIME AGO. I'LL BUY BACK WHEN THE WHEN THE SHIT STOPS HITTING THE FAN AND THE FAN IS TURNED OFF. NO USE TAKING A BEATING WHEN YOU CAN BUY IT BACK AT A BETTER PRICE.
# posted by 
: 1:09 PM
: 1:09 PM
the stockhead,
yes, "cut losses and let profits run" applies to trading but not investing.
The public is buying from institutions in VLO, RIMM, AAPL, MSFT, and ect. The stocks stops going up when 1) demand is no longer there 2) supply is no long available. Look back in July 2006 in Apple. If you are still don't have a clue, blame your mother and father for generic genes.
Who buys your shares on the bid and who sells on the ask?
Look at John Neff, Joel Greenblatt, Mark Mobius, Warren Bufett.
yes, "cut losses and let profits run" applies to trading but not investing.
The public is buying from institutions in VLO, RIMM, AAPL, MSFT, and ect. The stocks stops going up when 1) demand is no longer there 2) supply is no long available. Look back in July 2006 in Apple. If you are still don't have a clue, blame your mother and father for generic genes.
Who buys your shares on the bid and who sells on the ask?
Look at John Neff, Joel Greenblatt, Mark Mobius, Warren Bufett.
Trader guy, how about taking your fat finger off of the Shift key or releasing the Caps Lock key?
Thanks.
Thanks.
The Stockhead
"Forgive me for beating a dead horse, but that quote sounds like something your broker told you."
Nope.
"Forgive me for beating a dead horse, but that quote sounds like something your broker told you."
Nope.
Mike, on the surface 80% makes you look foolish, but long as you can take the volitility go ahead. History favors the brave my son.
Years ago, I put 50% of account in KNOT at .45 which is how I got the money to trade today.
Years ago, I put 50% of account in KNOT at .45 which is how I got the money to trade today.
Jeremy-- sorry I flat plagiarized that old fucker. Even I can call him old.
Listen to KC-- he will instill some good old fashioned midwest values in ya.
We don't have any 1.8 billion Condo buildings here yet :-
Listen to KC-- he will instill some good old fashioned midwest values in ya.
We don't have any 1.8 billion Condo buildings here yet :-
The "call clock" for the warrants resets if whoever is stepping on the stock can make it close with a bid price below $5.31. With 4 years until the warrants expire, I can't think of anyone incented to prevent the call now, so it's prolly just a coincidence.
KC,
If you invested (your terms) in AAPL in mid '04 at $13, and still own it today at $119, why in the fuck would you care about what happend to the stock in July of 06? You have 800% + return. Sounds to me like the stock has had strength for 3 years. (so in a sense, you would have sold) but if you didn't, when would you? When it was at $30? Sounds like your time value money calculator has no batteries.
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If you invested (your terms) in AAPL in mid '04 at $13, and still own it today at $119, why in the fuck would you care about what happend to the stock in July of 06? You have 800% + return. Sounds to me like the stock has had strength for 3 years. (so in a sense, you would have sold) but if you didn't, when would you? When it was at $30? Sounds like your time value money calculator has no batteries.
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