$Amprius Technologies (AMPX.US)$some small hedge fund or micro cap small cap mutual fund unloaded their whole position on the stock today. I'm a little bit concerned just because I get the hairs on the back of my neck that stand up and you wonder if they're doing their accounting and a phone call was made or a text message was made to somebody for a brown bag of cash you know cuz fraud doesn't exist in the stock market and people aren't paid for information that would never happen... 🤣 I'm quite...
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maximusolaris
:
wait and see if it bounces back today or tomorrow
10baggerbamm
OPmaximusolaris
:
oh I'm in it at this point it only can go down two more dollars and then it's zero bid so fuck it right the bottom line is last quarter was very good, it was very optimistic but the China issue does present a bit of a problem because it's possible that the contracts they have entered into while not disclosed they're not in sec filing on any website it's very possible they got duped by better attorneys from the customers. it's purely speculative but it's possible that any cost increases you're going to absorb any increase in manufacturing expenses you're going to absorb and now they're locked into manufacture and deliver batteries at a loss that's the only thing I can think of that somebody maybe got a bit of this information ahead of the curve and that's why they're exiting stage left right now.
10baggerbamm
OPMonkeyGee
:
this is in the millions of dollars you can look it up.. a 10 million share day it was net Sellers .. so somebody closed out and it just seems very suspicious let's say it's not like we had a down market today to me it looks like somebody got some information ahead of time that's just what my Spidey senses are tingling and saying
10baggerbamm
maximusolaris
OP
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I'm saying earlier today there's very very large blocks and they were all sells, so more than likely some small Cap fund is dumping for whatever reason
maximusolaris
OP10baggerbamm
:
if i understand correctly they just issued warrants @ $11.50 and i dont think they would set them at that price if they forsee problems. They might actually be seeing some big contracts but yeah this drops makes me wonder. Will see what they say may 8th
$Amprius Technologies (AMPX.US)$I want to put this out there just so that everybody has fair warning This company which I own relies solely on China for components to build their batteries. that means the tariffs are going to have a significant adverse impact on their manufacturing costs. I have no doubt that part of the conference call will be addressing the issue of the impact in the short term and are there any alternative sources where they can get their components from.. spend a moment a...
ASteffie
:
Amprius will pay it on the freight invoice for a few years, or they 《Chin-A*) pay a lump sum When we speak China and components, we speak reversed engineered and dirt cheap labor. The parts are very inexpensive from everything i find. You know what's expensive? Europe. America. Anyways, the tarrifs they have are mostly 8%. So I've seen it go from 40% about 5 weeks ago to now 8% on my quotes. It'll be fine.
ASteffie
:
If your revenue is 100 million and you buy 20 million of raw material and you lose about 5% of your margin on the raw materials alone, they seem like they will be fine. I don't know. I yield to you.
10baggerbamm
OPASteffie
:
yeah you were going to have to listen to the conference call because every company and they're not the only battery manufacturer in the US there's several others they're all in the same boat so obviously it is beneficial for them to have a 25% tariff coming from China versus 145% tariff.. maybe there's some alternate sources that they can get some components from I don't know that's why it's really up to the conference call same with the ENVX, there are similar manufacturer of slightly different technology but same thing they source from China.. and I'm pretty sure their conference calls coming up just prior to ampx... so put that one on your calendar and see what they say because they're going to have to deal with the same issues
10baggerbamm
OPASteffie
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I don't know what they do but if they're a battery manufacturer it's going to be disclosed in the risk segment in the prospectives
10baggerbamm
OPASteffie
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at some point in time they're going to land a monster order from one of their existing clients it's going to be 30 to 40% of the total annual business in one order.. and that's all the validation this company will ever need at that point it's off to the races hold on tight because this horse is going to be leading the pack
$Amprius Technologies (AMPX.US)$TOP 10 GAINERS! What do you know we made the top 10 out of the entire NASDAQ the entire Dow the entire American exchange. you have no idea how bullish this is In a shit market like today's open when you make a top 10 or top 20 for that matter and no one's ever heard of you you know how many eyeballs are going to be looking at this company. when people start digging in and they looked at their financial condition they look at the clients that they've picked up t...
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10baggerbamm
OP
:
it's like racing and in the final turn we lapped another car we finished number 9
10baggerbamm
OPASteffie
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I'm happy for you congratulations you're making money... smile could you imagine if Nvidia went up this much in a day? everybody would shit a brick for crying out loud. I'm telling you this company's just getting started Nvidia is a great company it's a shit investment and there is a difference. I think it is year to year and a half you're going to see this double digit I think within two years it's going to have a 20 plus dollar day. I was in SoundHound when the warrants were 18 cents the common stock was $1.70. I think this company is more upside I still own SoundHound. I left my profits in the company at one time I had over a million shares of SoundHound a couple of my buddies gave me a few dollars to invest so I'm like all right this is what I think we should put it in at any rate I think the upside relative to the market they're in where the future is how lean and efficient they're running the company and you need to listen to the conference call because you had the CFO say we have X amount of sales people we run lean and mean. these people know how to run a business and that is so critical they know what their balance sheet looks like they know the cash available they're throwing a lot of fishing lines in the water they opened up a shit ton of new accounts and a couple of them are monster publicly traded companies which are going through an evaluation stage a testing phase for performance to make sure their batteries achieve the minimum standard that they're looking for and hopefully they Excel and exceed what they're looking for. and then the big order is going to come and that's game on at that point in time.. I'm very optimistic to see what this year's going to bring I think there's more upside here than Tesla more upside than Nvidia more upside than Microsoft more upside than meta I can go down the list... it's really just a matter who wants to join in for the ride 10baggerbamm
10baggerbamm
OPTWIMO (151403908)
:
I'm a redneck hick from the sticks and the Hicks where I grew up. my dad bought me a mini bike when I was 5 years old they called it a Doodle bug it had a pedal on your right foot to stop the rear tire was a friction brake there was no linkage it was a big metal pad that pushed against the rear tire.. fast forward I drag raced very fast cars, I had lingenfelter Corvettes I had a lot of nice toys along the way.I drag race for me true ride it everyday street bikes, my fastest was a 420 rwhp turbo hayabusa. I ran low eights at 178 mph. road racing I always wanted to do but it was just not from a time thing something that I could do but I will say I did do the 24-hour endurance cart racing that Kevin Schwan promoted at lime Rock racing park in CT. I love all types of racing ,I don't care any kind of racing. I love horse racing a long time ago I dated a girl, her dad bread and rice thoroughbreds and had a horse in the Kentucky Derby. here's a little FYI I picked 12 out of 15 winners at a horse track on one day. I was dating the same girl whose dad had a big horse farm in Maryland, same guy had a dream to run in the Kentucky Derby and he finally achieved it. We went to Pimlico the day of the Big race (part of the triple crown) . it was an amazing day I won a shit ton of money and when I tell you I was picking horses like Diane from Seinfeld said oh there's no way the dolphins can be the bears I mean a dolphin against a bear come on. at any rate I am off tangent yet again most people understand that's kind of how I am wired at any rate back to the subject matter. I'm so happy every day that President Trump is our president is my president any Elon Musk even though I lost a shit ton of money in Tesla stock a lot of money I have so much admiration for Elon Musk so much respect it would be my lifelong wish to shake president Trump's hand and Elon musks that would be the highlight of my life to meet them and to shake their hands. anyways I'm off topic I love all kinds of racing I watch F1 I watch 24-hour LeMans I go all across the country for Barrett-Jackson auctions I'm a total car Guy I'm a speed junkie at heart I'm a redneck hick who had to work really hard in my life to get where I am oh and by the way this past summer I was in Jay Leno's house in Newport Rhode Island Jay Leno. he's a regular guy who loves all kinds of cars
10baggerbamm
OPCharjen
:
you're going to have people are going to make a quick buck as a matter of percentage it's 50% from the lows to the current price... I'm looking at the big picture. so if you want to sell go ahead but I would strongly encourage you to leave all your profits in the stock
10baggerbamm
OPToo Tall
:
it's not a score it's a matter of being patient and taking advantage of opportunities. someone asked me yesterday am I going to bail something like that and I told them I believe they have a bright future but I want to listen to the conference call I think to be honest there's more money to be made in this company looking out 12 months then there is an Nvidia by a huge percent I think there's more money to be made here than Apple computer looking out 12 months by a huge percentage and I can go down the list of where I think the opportunities are and I think the risk has been taken out of this stock on the market open it's not to say the current price of 260 won't come down to $240 again or 2:30 I don't know because traders did buy it and they are going to want to sell it and then we'll have down days in the market and they'll bring it down but I believe you want to build a position in this company because when it goes to 10 or 15 and you own it at $3 average price let's say you're going to be happier than a pig in mud. if you buy Nvidia here at 116 and it goes to 140 you feel like you won the war but your percent return it stinks
Too Tall
10baggerbamm
OP
:
Yes, I bought CoreMedics $CorMedix (CRMD.US)$ under $2.95 and I’m long-term holding that. Even though I had a 4X return at one point I think it could be my first 10 bagger.
$Amprius Technologies (AMPX.US)$I'm adding to my position 25,000 more shares (and no I'm not the one shoving it up pre-market) I will gradually be accumulating on any weakness. I have orders to buy in now if they get filled today that's fine. as I mentioned I wanted to wait until after the conference call to make a determination. my decision at this point is reaffirmed they have a very bright future I like the customers they've added I like the management and I think this is going to be a big w...
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siddy_phoenix
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I also trust this stock, and the future it holds specially in the UAV market. People underestimate how much drones will be used in the coming future. with AI in the mix drones will be mostly autonomous, we are going to have delivery UAVs etc, endless usecases. As long as they maintain this edge in battery tech they will have exponential demand going forward. more big contracts means bigger validation of their tech.
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maximusolaris : wait and see if it bounces back today or tomorrow
10baggerbamm OP maximusolaris : oh I'm in it at this point it only can go down two more dollars and then it's zero bid so fuck it right the bottom line is last quarter was very good, it was very optimistic but the China issue does present a bit of a problem because it's possible that the contracts they have entered into while not disclosed they're not in sec filing on any website it's very possible they got duped by better attorneys from the customers. it's purely speculative but it's possible that any cost increases you're going to absorb any increase in manufacturing expenses you're going to absorb and now they're locked into manufacture and deliver batteries at a loss that's the only thing I can think of that somebody maybe got a bit of this information ahead of the curve and that's why they're exiting stage left right now.
MonkeyGee : how much did they unload, millions or thousands of dollars
10baggerbamm OP MonkeyGee : this is in the millions of dollars you can look it up.. a 10 million share day it was net Sellers .. so somebody closed out and it just seems very suspicious let's say it's not like we had a down market today to me it looks like somebody got some information ahead of time that's just what my Spidey senses are tingling and saying
MonkeyGee 10baggerbamm OP : they probably got a margin call for shorting Tesla.
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