Apr. 25 at 11:07 AM
$INVZ I can’t speak to anything of a buyout as was mentioned earlier on here. That is probably pure speculation. However, I can say 100% that
$MBLY just came in with higher than expected demand for their services. Their SP went up accordingly. They also have a buy back of
$100M of shares from intel at
$16 a share (share price was in the high
$8 at the time of announcement and rose to low to mid
$9 range yesterday).
$INVZ is the LiDAR provider for them. That means they are now selling actual product. This means if better than expected numbers are not already sold, they are on order for the orders placed with
$MBLY . You can put 2 and 2 together right?
$INVZ is not only going to have units sold (a knock on them until now), but they are also improving their products in ways competitors haven’t (long range LiDAR). Long term hold, but the long term horizon is starting to look a lot closer. GLTA
