Does anyone know what’s going on with the stock price in terms of its high during the summer of 2021? If you look at a chart, it was around $21-22 but I specifically remember it being around $28-29.
It was on no news, but incredibly high short interest. So essentially a massive squeeze. Now we're back down, just waiting on news, which seems to be expected in Q2 of this year.
Thankyou Nicholas, I knew that about ZF. ZF was also the company that brought Microvision to Ibeo. In that case, ZF would be the Tier1 company, which would cut into Microvision's profits. Maybe you are right and we will soon get the news that Mvis has won one or more RFQ's . that should be a catalyst for the share price.
Older people with declining driving ability can look forward to driverless vehicles as a way of extending their ability to travel during their golden years. This technology has been marketed primarily to younger more tech savvy generations. The retirement age demographic may be another excellent opportunity.
We are now YEARS into the self-driving technology race. MVIS can repeat their tired excuses as many times as they want but the bottom line remains - nobody wants MVIS. If the tech really was as life-changing as the MVIS fanboys claim, somebody would've bought them out by now or signed a deal. In reality, the demand doesn't match the claims of the MVIS' CEO or their fanboys. And btw, I've been hearing these same talking points for 3 years now. How many times are investors gonna give MVIS a pass on failed promises timelines, and claims of "talks" that lead nowhere? The opportunity cost of this investment, and the loss is insane.
I imagine people continue to be patient with ALL of the LiDAR companies until the car companies start choosing winners. When there are 10 people in a race and its the middle of the race and no one is clearly in the lead, how do you call one of them a loser? That all said, they seemed pretty confident when I met with them, in person, in January, that they would be announcing their first major partnership in Q1. So you dont have to wait very long before you can make another comment about telling me so. But until the end of March, shut up.
Nah, man. Sumit has been saying similar stuff for 3+ years. Why are you taking him at his word when he's proved over and over again that it's worthless? What, exactly has he done to earn ANY trust or confidence?
I’ve been an MVIS shareholder since 2011. I hope people give up on the stock and the price tanks even further. At that point I will pick up even more shares. Diamond hands…
I’d say the odds of that get a lot higher come January if they don’t sneak in an update before the end of the year. And I’ll be right there with you, buying up whatever I can get my hands on.
Make a new updated video!!! I am holding strong to my shares because I truly believe that this type of technology will be used in the future. Hoping that's Microvision. Help me feel better about how much im down right now lol 😅
I agree were overdue for an update. Only bad things have happened, but that doesnt mean I shouldnt talk about it. AND - you SHOULD still feel pretty good abotu your investment, nothing has changed except for the time line as far as I can tell.
Thanks for the update and doing the Due Diligence. The naysayers may have a good point but they are not sharing their face-to-face conversation with MVIS execs. Your investment is substantial so sharing your pain is honorable. Thankfully you said you have other streams of income that make the ouch slightly more tolerable. Keep making the videos!
Face to face conversations aren't very useful because they can't share non-public information and because they are slick salesmen. The SEC files are a better source because they have to be a bit more truthful. The SEC files show a doomed company with no viable products or revenue for the last 30 years and now.
Lidar is not as promising as it seems, in simple words - it’s a higher fidelity ultrasonic sensor at best but much more expensive. Why you ask! LIDAR only tells you the distance to every point within some region. But it ONLY tells you the distance - nothing more. LIDAR depends on IR light reflections - it doesn’t work well on shiny surfaces (like cars, for example!) It produces artifacts like RADAR suffers from when (for example) you get a double-reflection from an interior corner. To make LIDAR work - you have to send out laser pulses into the world. What happens when 100 cars in your field of view are ALL using LIDAR. A hundred lasers - all scanning the world - shining light into each other’s sensors? And finally cost, it’s way more expensive to produce the sensor and compute the results. I would expect most automakers follow the Tesla path, use cameras as a general purpose 3D mapper
Most automakers have already came out to say they will be using LiDAR. Microvision has solved the problem of competing laser beams messing with the data and their module comes in a $500. That’s cheaper than teslas super computer which is necessarily to do all of the crazy triangulation calculations when using cameras. Cameras are also not exceptionally good at changing ambient light scenes like when you drive into a tunnel. Nevertheless, LiDAR *is* coming.
@@SPACEDESIGNWAREHOUSE I work in AI/ML and I know for a fact that the cost of training networks has fallen considerably. And Tesla’s primarily use pre-trained networks in their - i.e. once the ML model is trained it can just perform on its own. This has long term effects not just in the automotive industry but also in other applications. 1$ cameras x10 vs $500 lidar x10 (plus computation costs to run it in the car) now starts to sound a lot like the deciding factor. I’m not discounting lidar technology, it has its use cases - just not convinced that auto will find its use
@@superlumic I recognize those things, but I’ve also been to CES the last couple years and I can assure you the LiDAR companies are the stars of the show. And the automotive companies are making it no secret they’re using it going forward of 2026
it's cute, for the first two minutes you act like you actually know what you're talking about when in reality it's just the same boring nonsense that's been going around for nearly 4 years now. you dont have to pad every video with the same jargon every time. how many videos have you reiterated the same stuff like this? everyone here is either a well informed detractor or bag holder, this repeating of info is not necessary.
Sure it is. This subject will hit the search bars quite a bit more over the next few months and CES is only a month away as well. Just getting the ducks in a row to help new folks be informed on the state of things.
Well, that video was simply a rundown on the current state of MVIS at the time. It served its purpose. I should probably make a Q1 2024 version of that video now!
Microvision has to prove that it is able to sell the technology. So far, this has not been possible. And don't forget, Mr. Sharma the CEO also claimed three years ago that he was in deep negotiations with interested partners to sell one or more verticals or even the whole company. Months later, this vanished into thin air.
for sure. It's Not related to the future of LiDAR. I just doubt that MicroVision will have a future in the LiDAR market. No RFQ's have been won yet and OEM's are very skeptical about small companies. Precisely because mass production cant be guaranteed. What ever, i Hope the best for the shareholders.
Hi, how are those t-shirts doing? You know, the ones that said 'MicroVision - Summer of RFQ'. Let me guess, it's out of the hands of MVIS and you're waiting on OEMs. That seems like the standard answer but doesn't answer why Sharma lied. He's either highly incompetent or a swindler. And guys like you parrot his bogus talking points for years.
Hello! So I sold off enough of them to cover the cost, it was a fun project and a bit of a miss on the message. Sure, I guess you could say Sumit lied or was incompetent; but that would imply that the entire LiDAR industry lied or was incompetent. It’s more likely that the timeline shifted. I’m not any more happy about it than you; I have quite a bit invested in various LiDAR suppliers. Once there are winners and losers only THEN can the discussion of who was incompetent in the race. I’m sure you’ll be watching; thanks for taking the time to comment.
You've been moving the goal posts along with your CEO Sumit Sharma for a couple of years. MicroVision started on automotive lidar in 2011. They got surpassed by better companies with better technology. MicroVision had to buy a bankrupt company called Ibeo because MVIS was so far behind. The only (small) deals and (small) revenue come from Ibeo, not from the MicroVision-developed tech that you touted for the last couple years. (sarcasm)Thanks for caring about how we invest our money, that's very kind and totally altruistic of you. I'm sure you have absolutely no ulterior motives.(/sarcasm)
I’d like to refer you to my video titled: “I am a Bad Investor.” I’m wrong a lot. Could you tell me which LiDAR companies are doing better with OEMs at the moment? I still feel pretty good with my position, though I’m down over $100,000. I don’t claim to be altruistic; my motives are pretty selfish, honestly. I just enjoy the research and sharing what I find. Thanks for following along for so long, though!!
@@tjvhigh09 Their website says they started auto lidar in 2011, which is years before competitors were even established. The fact they still don't have any deals for their own lidar is troubling. LOL
why would they get a deal for a sensor they built with off the shelf parts? anyone can make what they made but nobody makes it because it's inferior tech lol @@JuniorKishin
MVIS management has profited off the backs of naive retail investors for a decade. When you see a company compound their share count faster than their revenue over an extended period of time, its almost always better to watch from the sidelines
Well I appreciate you watching, from the sidelines, while we see how this plays out. It’s a little tough to find comparisons for companies that are building technologies that aren’t yet being used in the world, widely, but are about to be, probably. Nevertheless, please keep watching:)
Microvision is pulling the same garbage they always have. Pump a product segment, drag investors along for 10 years, and then dismiss the opportunity and pretend it never happened.
If someone hasn't made money off this company it's their own fault for being greedy, or just being dumb and buying the hype at the top of peaks. For everyone else, this has been a fun ride!
Does anyone know what’s going on with the stock price in terms of its high during the summer of 2021? If you look at a chart, it was around $21-22 but I specifically remember it being around $28-29.
Same. I swear it had hit $30.
It was on no news, but incredibly high short interest. So essentially a massive squeeze. Now we're back down, just waiting on news, which seems to be expected in Q2 of this year.
I remember $28 too
Great simple Lidar primer and recap of the environment. Thanks for sharing!
Thankyou Nicholas, I knew that about ZF. ZF was also the company that brought Microvision to Ibeo.
In that case, ZF would be the Tier1 company, which would cut into Microvision's profits.
Maybe you are right and we will soon get the news that Mvis has won one or more RFQ's . that should be a catalyst for the share price.
Older people with declining driving ability can look forward to driverless vehicles as a way of extending their ability to travel during their golden years. This technology has been marketed primarily to younger more tech savvy generations. The retirement age demographic may be another excellent opportunity.
Thats a good point; and that boomer generation is getting older all the time and also carry a lot of the money. Perfect use case!
dude, I enjoy your vids and this update, thank you!
how about an update video?
What a good idea! Q1 ends in just a couple days, I’ll make one immediately after!
@@SPACEDESIGNWAREHOUSEawesome👌🏼
BOOOOOOOOOMMMSKIIIIII! 😂🎉❤
LFG!!
Any new news or insight?
We are now YEARS into the self-driving technology race. MVIS can repeat their tired excuses as many times as they want but the bottom line remains - nobody wants MVIS. If the tech really was as life-changing as the MVIS fanboys claim, somebody would've bought them out by now or signed a deal. In reality, the demand doesn't match the claims of the MVIS' CEO or their fanboys.
And btw, I've been hearing these same talking points for 3 years now. How many times are investors gonna give MVIS a pass on failed promises timelines, and claims of "talks" that lead nowhere?
The opportunity cost of this investment, and the loss is insane.
I imagine people continue to be patient with ALL of the LiDAR companies until the car companies start choosing winners. When there are 10 people in a race and its the middle of the race and no one is clearly in the lead, how do you call one of them a loser?
That all said, they seemed pretty confident when I met with them, in person, in January, that they would be announcing their first major partnership in Q1. So you dont have to wait very long before you can make another comment about telling me so. But until the end of March, shut up.
Nah, man. Sumit has been saying similar stuff for 3+ years. Why are you taking him at his word when he's proved over and over again that it's worthless? What, exactly has he done to earn ANY trust or confidence?
Damn i came back.. i have more than those 50k shares and its money i can really use right now.. bummer @SPACEDESIGNWAREHOUSE
Great job as always. Waiting for the rise to the top
Great vid, I’m old like that too. Love my Subaru with Eyesight, supports comma dot ia even. 🖖😎
I’ve been an MVIS shareholder since 2011. I hope people give up on the stock and the price tanks even further. At that point I will pick up even more shares. Diamond hands…
I’d say the odds of that get a lot higher come January if they don’t sneak in an update before the end of the year. And I’ll be right there with you, buying up whatever I can get my hands on.
Make a new updated video!!! I am holding strong to my shares because I truly believe that this type of technology will be used in the future. Hoping that's Microvision. Help me feel better about how much im down right now lol 😅
I agree were overdue for an update. Only bad things have happened, but that doesnt mean I shouldnt talk about it. AND - you SHOULD still feel pretty good abotu your investment, nothing has changed except for the time line as far as I can tell.
I am 😂😂😂 ❤❤❤❤❤❤❤ mee too. I still have the zips
Thanks for the update and doing the Due Diligence. The naysayers may have a good point but they are not sharing their face-to-face conversation with MVIS execs. Your investment is substantial so sharing your pain is honorable. Thankfully you said you have other streams of income that make the ouch slightly more tolerable. Keep making the videos!
Face to face conversations aren't very useful because they can't share non-public information and because they are slick salesmen. The SEC files are a better source because they have to be a bit more truthful. The SEC files show a doomed company with no viable products or revenue for the last 30 years and now.
Lidar is used in archeological/geological searches too
That’s true; I wonder if an automotive LiDAR would improve those things, too!
Lidar is not as promising as it seems, in simple words - it’s a higher fidelity ultrasonic sensor at best but much more expensive.
Why you ask!
LIDAR only tells you the distance to every point within some region. But it ONLY tells you the distance - nothing more.
LIDAR depends on IR light reflections - it doesn’t work well on shiny surfaces (like cars, for example!) It produces artifacts like RADAR suffers from when (for example) you get a double-reflection from an interior corner.
To make LIDAR work - you have to send out laser pulses into the world. What happens when 100 cars in your field of view are ALL using LIDAR. A hundred lasers - all scanning the world - shining light into each other’s sensors?
And finally cost, it’s way more expensive to produce the sensor and compute the results.
I would expect most automakers follow the Tesla path, use cameras as a general purpose 3D mapper
Most automakers have already came out to say they will be using LiDAR. Microvision has solved the problem of competing laser beams messing with the data and their module comes in a $500. That’s cheaper than teslas super computer which is necessarily to do all of the crazy triangulation calculations when using cameras. Cameras are also not exceptionally good at changing ambient light scenes like when you drive into a tunnel.
Nevertheless, LiDAR *is* coming.
@@SPACEDESIGNWAREHOUSE I work in AI/ML and I know for a fact that the cost of training networks has fallen considerably. And Tesla’s primarily use pre-trained networks in their - i.e. once the ML model is trained it can just perform on its own.
This has long term effects not just in the automotive industry but also in other applications.
1$ cameras x10 vs $500 lidar x10 (plus computation costs to run it in the car) now starts to sound a lot like the deciding factor.
I’m not discounting lidar technology, it has its use cases - just not convinced that auto will find its use
@@superlumic I recognize those things, but I’ve also been to CES the last couple years and I can assure you the LiDAR companies are the stars of the show. And the automotive companies are making it no secret they’re using it going forward of 2026
Elon, is that you? 😂😂
it's cute, for the first two minutes you act like you actually know what you're talking about when in reality it's just the same boring nonsense that's been going around for nearly 4 years now. you dont have to pad every video with the same jargon every time. how many videos have you reiterated the same stuff like this? everyone here is either a well informed detractor or bag holder, this repeating of info is not necessary.
Sure it is. This subject will hit the search bars quite a bit more over the next few months and CES is only a month away as well. Just getting the ducks in a row to help new folks be informed on the state of things.
nobody is searching this crap bro@@SPACEDESIGNWAREHOUSE
This video didnt age well
Well, that video was simply a rundown on the current state of MVIS at the time. It served its purpose. I should probably make a Q1 2024 version of that video now!
Microvision has to prove that it is able to sell the technology. So far, this has not been possible.
And don't forget, Mr. Sharma the CEO also claimed three years ago that he was in deep negotiations with interested partners to sell one or more verticals or even the whole company. Months later, this vanished into thin air.
Prove ***
@@rightangle4 thanks
It didn't vanish. It was a subpar offer and he passed on it.
Microvision aside; do you believe that automakers will be using LiDAR in the near future?
for sure. It's Not related to the future of LiDAR. I just doubt that MicroVision will have a future in the LiDAR market. No RFQ's have been won yet and OEM's are very skeptical about small companies. Precisely because mass production cant be guaranteed. What ever, i Hope the best for the shareholders.
Hi, how are those t-shirts doing? You know, the ones that said 'MicroVision - Summer of RFQ'. Let me guess, it's out of the hands of MVIS and you're waiting on OEMs. That seems like the standard answer but doesn't answer why Sharma lied. He's either highly incompetent or a swindler. And guys like you parrot his bogus talking points for years.
Hello! So I sold off enough of them to cover the cost, it was a fun project and a bit of a miss on the message.
Sure, I guess you could say Sumit lied or was incompetent; but that would imply that the entire LiDAR industry lied or was incompetent. It’s more likely that the timeline shifted.
I’m not any more happy about it than you; I have quite a bit invested in various LiDAR suppliers.
Once there are winners and losers only THEN can the discussion of who was incompetent in the race. I’m sure you’ll be watching; thanks for taking the time to comment.
You called it...
You've been moving the goal posts along with your CEO Sumit Sharma for a couple of years. MicroVision started on automotive lidar in 2011. They got surpassed by better companies with better technology. MicroVision had to buy a bankrupt company called Ibeo because MVIS was so far behind. The only (small) deals and (small) revenue come from Ibeo, not from the MicroVision-developed tech that you touted for the last couple years.
(sarcasm)Thanks for caring about how we invest our money, that's very kind and totally altruistic of you. I'm sure you have absolutely no ulterior motives.(/sarcasm)
I’d like to refer you to my video titled: “I am a Bad Investor.” I’m wrong a lot.
Could you tell me which LiDAR companies are doing better with OEMs at the moment? I still feel pretty good with my position, though I’m down over $100,000.
I don’t claim to be altruistic; my motives are pretty selfish, honestly. I just enjoy the research and sharing what I find. Thanks for following along for so long, though!!
Microvision started developing automotive lidar after everyone else lol
@@tjvhigh09 Their website says they started auto lidar in 2011, which is years before competitors were even established. The fact they still don't have any deals for their own lidar is troubling. LOL
why would they get a deal for a sensor they built with off the shelf parts? anyone can make what they made but nobody makes it because it's inferior tech lol @@JuniorKishin
Please come back to ST.
MVIS management has profited off the backs of naive retail investors for a decade. When you see a company compound their share count faster than their revenue over an extended period of time, its almost always better to watch from the sidelines
Rip
Well I appreciate you watching, from the sidelines, while we see how this plays out.
It’s a little tough to find comparisons for companies that are building technologies that aren’t yet being used in the world, widely, but are about to be, probably.
Nevertheless, please keep watching:)
Microvision is pulling the same garbage they always have. Pump a product segment, drag investors along for 10 years, and then dismiss the opportunity and pretend it never happened.
If someone hasn't made money off this company it's their own fault for being greedy, or just being dumb and buying the hype at the top of peaks. For everyone else, this has been a fun ride!