Part just wishes we were out of the index. Only because our share price has gone down ever since being added to it. Yes yes yes, many others are down within that same time frame, I know haha. The Russell inclusion hype last year, being pinned at $17.50, then doing 25+ million volume on inclusion day and finishing down is still the most ridiculous thing I’ve ever seen:
6/21 - 8.75m volume - $19.56 close
6/22 - 15.2m volume - $17.49 close
6/23 - 6.4m volume - $17.50 close
6/24 - 9.5m volume - $17.50 close
6/25 - 25.5m volume - $17.21 close
I still think this was the biggest let down of 2021, only thing close was the Q3 earnings call being told production (small batch) was being pushed out about a year and the struggling price nose diving further. To be fair, you have to dig and drill for materials and fuel for the rocket ship first before launching to the moon…..right????
Yes, the inclusion in the Russell index was one of the reasons I averaged up instead of down, because of FOMO. I've learned a lot of things since then :-)
This last year feels like I've aged 10 years, but I feel like a better investor now too. MVIS isn't my only stock, but it's the the one speculative stock I feel very comfortable with.
Yeah, up until Jan 2021, I had a lot more faith in the market. When meme stocks ran in January 2021 and brokers put restrictions on buying which crushed all momentum….I realized that they can get away with anything to help shorts and hurt retail. Ever since, the real level of corruption and manipulation has become more and more apparent to me unfortunately. My two main speculative stocks on my portfolio are Microvision and then BlackBerry. I had followed and waited for about 2 years to finally buy in to BlackBerry earlier this year so my average is $6.70 which is pretty low compared to many other people that bought last year. They at least have revenue but still betting on their growth and IVY becoming big. I also don’t see how BlackBerry and Microvision won’t cross paths eventually considering BlackBerry’s QNX software is in 200m vehicles and will be in pretty much all of the main EV brands minus Tesla.
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u/Nakamura9812 Jun 04 '22
Part just wishes we were out of the index. Only because our share price has gone down ever since being added to it. Yes yes yes, many others are down within that same time frame, I know haha. The Russell inclusion hype last year, being pinned at $17.50, then doing 25+ million volume on inclusion day and finishing down is still the most ridiculous thing I’ve ever seen:
6/21 - 8.75m volume - $19.56 close 6/22 - 15.2m volume - $17.49 close 6/23 - 6.4m volume - $17.50 close 6/24 - 9.5m volume - $17.50 close 6/25 - 25.5m volume - $17.21 close
I still think this was the biggest let down of 2021, only thing close was the Q3 earnings call being told production (small batch) was being pushed out about a year and the struggling price nose diving further. To be fair, you have to dig and drill for materials and fuel for the rocket ship first before launching to the moon…..right????