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Big Phoenix

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<Gold Donor>
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Batteries, pot; hey they are basically the same amirite?

To be honest you really need to look at the underlying info on the SPAC founders and also the financials of the company they are merging with. That pivot sounds like they are desperate to make a deal so they can collect Founder's cash.
But everything worked out great for NKLA!
 

Fogel

Mr. Poopybutthole
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Sold another put on AMD at 93, its already up to 96. At this rate with my good mojo, Big Phoenix Big Phoenix should give me some of his profit if he ever decides to sell
 
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Big Phoenix

Pronouns: zie/zhem/zer
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tenor.gif


If I can just wait 2 1/2 more weeks I can avoid a huge tax bill for another year.
 
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Fogel

Mr. Poopybutthole
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I know I was just coming to post. No news, just wake up and hello +20%. Sometimes its better to be lucky than good.

View attachment 323445

Just found this, first rumors of an actual company, Tokopedia, which is a large south east asia E commerce company

 

Sanrith Descartes

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Just found this, first rumors of an actual company, Tokopedia, which is a large south east asia E commerce company

Nice
 

Locnar

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I mistakenly bought warrants instead of regular shares for Bridgetown. YESTERDAY I sold the warrants and put orders in for the shares and only a small fraction filled at 11 or 11.10 after hours. And then wake up to this... timing is everything
 
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Sanrith Descartes

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I started long positions in BABA and CRM. I think with Beijing Biden moving in to the WH, China investments are probably going to do well over the next few years. I think CRM shouldnt be buying WORK, but I also think the market over sold it on the news.
 

Sanrith Descartes

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Just found this, first rumors of an actual company, Tokopedia, which is a large south east asia E commerce company

6 million shares traded already. its en fuego. The Robinhood crowd is fully involved now.
 

TJT

Mr. Poopybutthole
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I started long positions in BABA and CRM. I think with Beijing Biden moving in to the WH, China investments are probably going to do well over the next few years. I think CRM shouldnt be buying WORK, but I also think the market over sold it on the news.
CRM is a major long term hold for me.
 

Sanrith Descartes

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CRM is a major long term hold for me.
I have had my eye on it for a while. I was close to pulling the trigger just before they added it to the DJIA and it exploded up on funds having to add it. I have been patiently waiting for it to drop down to pre-DJIA levels. The WORK purchase was what I needed.
 

Sanrith Descartes

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I sold puts on it, hoping to get assigned.
I need like 4 or 5 more zeroes in my accounts so I can sell puts on high dollar stuff I want to buy. I wonder if Joe and Kamala can help me out since I am being oppressed by the rich Wall Street patriarchy.
 

Sanrith Descartes

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As a reminder, Friday is a quad witching day.

 
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Sanrith Descartes

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LAZR

-10% and counting.

Oops...

Mobileye looks to build its own lidar to drive down self-driving costs
REUTERS 1:20 PM ET 12/15/2020
Symbol Last Price Change
INTC 50.38up -0.09 (-0.1783%)
QUOTES AS OF 01:23:00 PM ET 12/15/2020
By Stephen Nellis

(Reuters) - The chief executive of Intel Corp(INTC)-owned Mobileye on Tuesday laid out plans for a self-driving car system for 2025 that could use house-built lidar sensors rather than units from Luminar Technologies Inc and cost a "few thousand" dollars.

Mobileye is making rapid progress toward a full autonomous driving system using cameras and a custom-made processor chip, but the company plans to augment its cameras with lidar and radar sensors that will capture a three-dimensional view of the road. Mobileye believes it can meet the safety and reliability requirements automakers are demanding for production vehicles by combining the two approaches.

Mobileye has deals to supply its current camera-based driver assistance systems to BMW, Volkswagen AG and Nissan Motor Co. Those systems help with tasks such as adaptive cruise control and lane-keeping and but also generate and transmit mapping data for Mobileye as they drive.

Amnon Shashua, CEO of Mobileye and an Intel(INTC) senior vice president, told Reuters that data allowed the company's test vehicle to autonomously navigate the streets of Munich with only a week of setup and without flying any engineers from Mobileye headquarters in Israel to Germany.

"This is a critical milestone - this is what you need for scalability. If you want to have a system at the consumer level, it has to be able to drive everywhere," he told Reuters after the company posted footage of the successful test, which used a human safety driver as a backup.

Mobileye plans to demonstrate its camera-based systems with safety drivers in several more cities before rolling out a test fleet of 100 completely driverless vehicles augmented with lidar and radar in Tel Aviv in 2022.

In November, Mobileye said it had selected Luminar to supply lidar units starting in 2022. Luminar began trading as a public company earlier this month after a merger with Gores Metropoulos Inc, a special purpose acquisition company, or SPAC.

Shashua said the Luminar-based systems will cost between $10,000 and $20,000 and will be targeted at robo-taxis, which are commercial vehicles that can spread the cost of the system over many trips. But for 2025, Mobileye is developing its own lidar sensor that works on a principle called frequency modulated continuous wave, or FMCW, which is different from Luminar's technology.

Shashua said the FMCW technology will benefit from Intel's(INTC) silicon photonics manufacturing expertise and will drive costs low enough for consumer cars. He said the house-built Mobileye lidar, in combination with cameras and radar, will be used on consumer vehicles and could also replace Luminar's units in Mobileye-powered robo-taxis.

"We believe the cost of an entire self-driving system can be in the few thousand dollar range, and that brings us into a consumer vehicle position," he said. "If we can make this work, it will also be used for robotaxis. But we have time to make that decision five years from today."

Mobileye does plan to continue outsourcing the manufacturing of its processor chips, Shashua said. He said the next generation of chip, called the EyeQ6 and expected to arrive in 2023, will continue to be made by Taiwan Semiconductor Manufacturing Co's using its 7-nanometer chipmaking process.
 
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Khane

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Does anyone else not see the glaring problem with "robotaxis"? If every car can drive itself who is going to need a cab?
 
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Jackie Treehorn

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SPACs down today. People are saying they’ve become too popular and are getting more and more mainstream press which is causing deviation from the patterns they typically exhibit. Or that could be nonsense.

Still holding all my shares of DYMD, APXT, and HCAC.
 

Sanrith Descartes

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Does anyone else not see the glaring problem with "robotaxis"? If every car can drive itself who is going to need a cab?
My guess is there will be a need in big ass cities where you cant afford to park a car, travelers, and the poors who cant afford a self-driving car. At least thats how I see it shaking out.
 
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