Luminar Technologies Stock Discussion

• Nzm Nhr :

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• HailTheApocalypse : I read nothing but negativity about this stock over the weekend and sold at 3 dollars and something. smh. idk if I should go back in or not. I'm leaning towards getting back in.

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• Dan’l OP HailTheApocalypse : Pick any stock gaining momentum, and you’ll find plenty of fluffy support from some and negative hit jobs from others (often, with something to lose or gain).
  I’m heavy and long on both $Archer Aviation (ACHR.US)$ and $Joby Aviation (JOBY.US)$ despite their tendencies to burn cash and dilute their stock: both are likely to be dominant in the eVTOL space for years to come.
  I’d hate to steer you wrong, but this election euphoria can’t last forever… there’s likely to be lower cost ahead, but I don’t mind paying extra today: selling as predictable dips occur and buying back as it begins to rise allows me to increase the size of my positions, regardless of the price I previously paid (i.e., the more shares I have, the more I can potentially gain on each successful trade, whether I’m up or I’m down ~;-)
  Don’t forget to buy batteries: I especially like $Amprius Technologies (AMPX.US)$ and also $Enovix (ENVX.US)$, but be sure to research them well first (things change fast).
  Just recently found $Luminar Technologies (LAZR.US)$ which is still a bargain, despite rising quickly since to a buck and a dime or so… check it out.

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• HailTheApocalypse : anything is appreciated for sure. I'm pretty much right there with you at the stocks we're looking at. I just need to figure a few little things out here and there. I learned with Archer that when 'they're' talking sh**, do the opposite.

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• Dan’l OP HailTheApocalypse : $Archer Aviation (ACHR.US)$  is still on track, and far ahead of schedule. They did slow their burn, and still have half a billion in hand, not including an additional $400M $Stellantis NV (STLA.US)$  investment (which will likely further dilute our shares), but their Midnight order book at $5M each includes partial payments and agreements is at $6B.
  Here’s the earnings call transcript…
  com/174276461/f...
  : : edit : : double-posted (deleted one)
  Also: $United Airlines (UAL.US)$ is up over 20% now, but $Stellantis NV (STLA.US)$ is still at thirteen thirty… might be worth adding, as ACHR flies.

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• HailTheApocalypse : I was reading a few things about Archer and everything they're doing is just speculative.

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