Jun. 26 at 1:25 PM
$MVIS and
$INVZ have successfully initiated the turn-around.
$MVIS forecast for the next years is
$500 m revenue - with the current business only.
$INVZ should make similar or even more with shipping 150,000 lidar units to Mobileye and likely even more to VW for the ID Buzz. Both have many markets where new orders should come now continuously as the lidar market is ready now. Both have top customers, e.g.
$MVIS with Caterpillar,
$TSLA, etc.
Both should rocket now as Aeva and Ouster did! Aeva did it in weeks from a similar level. It is extremely risky for shorts to be short now with those business outlooks and news possible any day. Big boys will likely see soon the chance for a short squeeze.
Target for both
$5-
$10 this year.