What other tech stock to consider?

[Cosmacelf]

Also some shady goings on around preferred shares of a merger/spinoff

https://www.reddit.com/r/Next_Bridge_HC/comments/143gxea

MMTLP: The Wild Saga Of The Meme Stock That’s Left Thousands Of Shareholders With Nothing

Spoiler alert: shareholders are losing their shirts. Blame a series of unusual gaffes, snafus and miscommunications.

www.forbes.com

Wow. Perfect example of

a) lottery ticket thinking of a lot of “investors” who don’t do any due diligence and expect to make money by rolling the dice
b) why the sec exists, to try to stop this crap from happening
c) how the sec is often clueless and can’t react fast and doesn’t have tools to tamp down such speculation
d) it was a pump and dump, but was it an intentional one? It could easily have been clueless people banding together.

 

[TN Mtn Man]

Seriously hoping you left an /s off there

Cruise is a piece of *sugar*. Their accident rate is multiples higher than FSDb, and they are geofenced to a TINY subset of two cities in the US. The practical "value" of their service is near zero.

Oh, and GM spent 3.5B on Cruise in the last 2 years for . . . 60M in revenue.

Is the Cruse "robo-taxi" operation still limited to just a few hours a day-in the middle of the night? I know that was the case a few months ago-and they still have a number of crashes.

 

[TN Mtn Man]

Anyone else following $TMC (The Metals Company)? Been on quite a tear lately, and we are supposed to see mining regs finally issued by the International Seabed Authority shortly, as in within the next few weeks. We'll see if it will happen-they have been "working" on them for nearly 3 decades. But if the harvesting area is granted to TMC, this might finally take off very nicely. Their pilot project last fall went well.

 

[bkp_duke]

Is the Cruse "robo-taxi" operation still limited to just a few hours a day-in the middle of the night? I know that was the case a few months ago-and they still have a number of crashes.

It moved to 24h operation in late April.

Cruise now runs its robotaxis 24 hours a day in S.F. Here’s what it means for city’s streets

The milestone for Cruise means San Francisco will serve as the nation’s testing ground...

www.sfchronicle.com

 

[Cosmacelf]

Skip to the end to see results. All three cars started at same time, same destination, very early morning to avoid too much traffic induced randomness.

 

[jabloomf1230]

Anyone else following $TMC (The Metals Company)? Been on quite a tear lately, and we are supposed to see mining regs finally issued by the International Seabed Authority shortly, as in within the next few weeks. We'll see if it will happen-they have been "working" on them for nearly 3 decades. But if the harvesting area is granted to TMC, this might finally take off very nicely. Their pilot project last fall went well.

Yeah we've discussed TMC in this thread a couple times. There was a Barrons article recently that was quite favorable, but that alone couldn't account for the runup. There might be some institutional betting that TMC soon will receive a license to recover nodules, but I still am a bit concerned about environmental opposition and lawsuits mucking everything up worse than the deep sea mining ever would. Note, I do own some TMC and this post should not be considered as financial advice.

 

[JRP3]

Sandy tours NXU factory Nxu™ | Home

 

[JRP3]

Enovix gets a military deal Enovix Receives Purchase Order to Produce Battery Cells for U.S. Army

 

[wdolson]

Enovix gets a military deal Enovix Receives Purchase Order to Produce Battery Cells for U.S. Army

They had a big bump in stock price today.

I also saw Lordstown Motors filed for bankruptcy.

 

[Cosmacelf]

Enovix gets a military deal Enovix Receives Purchase Order to Produce Battery Cells for U.S. Army

Nice. This is exactly the kind of niche application I see these advanced battery types being used for first. Many people keep thinking that they’ll be deployed for EVs and somehow pose a threat to Tesla’s battery efforts. The reality is that they will be too expensive for that very demanding application for many, many years. EV batteries require huge scale and very cheap prices, two things that startups just aren’t going to be able to deliver.

But, a slow ramp supply contract with premium pricing for a specific application that can take advantage of their high energy density is exactly what they can do, and kudos to Enovix for navigating the government contracting maze.

 

[jabloomf1230]

Nice. This is exactly the kind of niche application I see these advanced battery types being used for first. Many people keep thinking that they’ll be deployed for EVs and somehow pose a threat to Tesla’s battery efforts. The reality is that they will be too expensive for that very demanding application for many, many years. EV batteries require huge scale and very cheap prices, two things that startups just aren’t going to be able to deliver.

But, a slow ramp supply contract with premium pricing for a specific application that can take advantage of their high energy density is exactly what they can do, and kudos to Enovix for navigating the government contracting maze.

It's a lot simpler maze when the bid specs are tuned to a niche product.

 

[Richard007]

I’ve heard lots of good things about Enovix here on the west coast. My wife owns some shares. I own none. However still a huge believer in Spotify and own some. Own a little lemonade as well (pure gamble). Spotify should be cash flow positive this year. Good luck!

 

[wdolson]

I believe Enovix was discussed here a few months go. The data looked good for long term gain.

 

[JRP3]

The strategic collaboration combines the design power of META's metal mesh technology with the supplier's exceptional production capabilities in transparent conductive films. Together, this collaboration will offer cutting-edge alternatives that surpass industry standards and set new benchmarks for the mass production of META's NANOWEB, a transparent conductive metal mesh film.

Meta Materials Qualifies Global Manufacturer as Preferred Supplier of Transparent Conductive Films

Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a global leader in advanced materials and nanotechnology, and a leading innovator in the field of transparent conductive materials, announced today that it has reached a major milestone in the commercial deployment of its...

finance.yahoo.com

 

[JRP3]

Proterra has had a good week, recent announcement of a large charging facility partnership

ABC Companies Launches North America’s Largest Electric Motorcoach Charging Facility with Proterra

NEWARK, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- ABC Companies, a leading provider of motorcoach, transit, and specialty passenger transport equipment and Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial vehicle electrification technology, today announced the official opening of...

finance.yahoo.com

 

[Richard007]

Spotify user growth continues to exceed expectations and they missed revenue just a bit this past quarter. They also just raised monthly subscription price and will become profitable this year. I think of Netflix, or dare I say tsla, early days. Macro still a pressure on all stocks, but looking out 5 years, I see all green. Not advise!

 

[juanmedina]

Who are the twitter pumpers? I barely see anyone post about eose on twitter maybe like 4 people lol. Check out this twitter spaces I bomb halfway through and start asking questions myself.

https://twitter.com/x/status/1635805458526093312

Wonderful

 

[tivoboy]

Anyone have any thoughts, comments about Lincoln Electric. LECO? And their move into L3 fast charging.. domestic, decades old company, apparently already with robust systems being installed. I’m think with domestic OEM’s and IRA financing that a domestic charging play might prove to be well supported.

 

[CorneliusXX]

Anyone have any thoughts, comments about Lincoln Electric. LECO? And their move into L3 fast charging.. domestic, decades old company, apparently already with robust systems being installed. I’m think with domestic OEM’s and IRA financing that a domestic charging play might prove to be well supported.

I like their welders. That may give them an angle into the market if there is an existing client base that likes their products when deciding what brand to use for charging infrastructure. That said, high speed charging is an extremely busy field with almost all major companies with electrical engineering experience already bringing a product to market. I doubt they could extract high margins on their products because of this.

 

[juanmedina]

another suggested stock in this thread. We should change the thread to "other stock to short"

Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy