Luminar Technologies Stock Discussion

Moomoo Buddy : Thank you for reaching out regarding the LAZR reverse split. While Moomoo Financial Inc. does support fractional share trading for many securities, we regret to inform you that LAZR is not currently eligible for fractional trading on our platform.
As a result of this limitation and the recent 15-to-1 reverse split, any fractional shares resulting from the split were automatically converted to cash in lieu. We understand this may not have been your preferred outcome, and we apologize for any inconvenience this may have caused.
We continuously work to expand our fractional trading offerings and appreciate your understanding in this matter. If you have any further questions or concerns, please don't hesitate to contact our support team.
Thank you for choosing Moomoo for your investment needs.

Dan’l OP Moomoo Buddy : Your explanation of my impromptu PSA is much better than mine, which was intended to save on the phone calls…
Support could see the transaction, but was unaware that we customers can as well, by looking under Accounts > More > Funds > Funds Details. (You ‘n @Team moomoo might wanna spread the word on this great App feature ~;-)

AW : I have 0.01 million shares at 9 yuan, with a loss of 0.02 million, unsure what to do.

LeoforDharma OP : 9 yuan per share wow, ur in profit then since stock is at appx 6 usd now

AW LeoforDharma OP : I lost much money

LeoforDharma OP : I would advice to cut ur loses and sell.
if it is money u cant afford to lose, then cut ur loses irrespective whether stock is moving up or down

LeoforDharma : Its oversold but the finance is not meeting to ttarget, hence dropping price.
If they only meet  expectation it would be higher

Wins333 : One more dollar to go

Lazy Cat Invests : Do set a stop loss and respect it. The wait for bottoming can be very long. Watch the pre and post market and also the order book closely. Couple the short interest info from fintel and you can decide if you want to stay on the boat.