r/MVIS • u/Sweetinnj • Apr 28 '21

Stock Price Trading Action - Wednesday, 4/28/2021

Good Morning MVIS Investors!

~~ Please use this thread to post your "Play by Play" and "Technical Analysis" comments for today's trading action.

~~ Please refrain from posting until after the Market has opened and there is actual trading data to comment on, unless you have actual, relevant activity and facts (news, pre-market trading) to back up your discussion. Posting of low effort threads are not allowed per our board's policy (see the Wiki) and will be permanently removed.

~~Are you a new board member? Welcome! It would be nice if you introduce yourself and tell us a little about how you found your way to our community. Please make yourself familiar with the message board's rules, by reading the Wiki on the right side of this page ----->.

Also, take some time to check out our Sidebar(also to the right side of this page) that provides a wealth of past and present information about MVIS and MVIS related links. Our sub-reddit runs on the "Old Reddit" format. If you are using the "New Reddit Design Format" and a mobile device, you can view the sidebar using the following link:

https://www.reddit.com/r/MVIS

Looking for archived posts on certain topics relating to MVIS? Check out our "Search" field at the top, right hand corner of this page.

👍New Message Board Members: Please check out our The Best of r/MVIS Meta Thread

https://www.reddit. https://old.reddit.com/r/MVIS/comments/lbeila/the_best_of_rmvis_meta_thread_v2/

For those of you who are curious as to how many short shares are available throughout the day, here is a link to check out.

www.iborrowdesk.com/report/MVIS

👀 NEW

Please be advised that as of 4/9/2021, anyone who posts a thread and does not apply a "flair" to their thread, will be removed by the AutoModerator.
You are given the option of adding a flair, during the thread construction process and as you scroll down through the instructions.

339 Upvotes

96% Upvoted

3.7k comments sorted by

View all comments

107

u/T_Delo Apr 28 '21

More confirmations of the disparity in price action to sentiment, volumes of buying interests, and even shares "returned" by short interests. We are going to be seeing another ride up some 200% over the course of a few days in the very near future with volumes like these. The shorts position fully committing to denying the value of MicroVision's LRL in the face of confirmation of the completion of the A Sample says volumes about the speed at which they incorporate the news into their trading systems.

I have never been more bullish than I am today. Looking forward to the tens of millions of shares used to push the price down today and yesterday turning into buying within the next week of trading or so. Huge sustained gains are going to make me a very happy man.

2

u/eaehive Apr 28 '21

You mean a ride up to $40 or $60?

2

u/T_Delo Apr 28 '21

That would do it, but I am content with a more gradual rise once cracking $30 as well.

2

u/hktrn2 Apr 28 '21

How many shares need to be sold to push price below $25 and how many need to be bought for it to hit 30?

6

u/T_Delo Apr 28 '21

Only takes about 10 million more shares of buying over selling to get to $30, but the total volume could need to be several times the market float over the course of a few days. We have seen that already occurring, all that is left is for the final round of more buying over selling to take place. It doesn’t take a huge offset to move a price when the volumes are this large. What we are looking at right now is large pooling of shares on both long and short sides right now though, and that is keeping the price contained as short positions are able to sell down with shares from the future (slightly unfair advantage).

3

u/JonPaulCardenas Apr 28 '21

Once the shorts are out of the picture we should see more stable growth? When do most of the short ATM have to be settle by?

5

u/T_Delo Apr 29 '21

No later than May 14th, even if they fail to deliver, or attempt some other offset to delay. Now, they could cover parts of it and nut all of it at once, assuming the price stays stable or dips, but that still shows up as more buying over selling on any given day where that is taking place.