As you can see, ACHR is still a significant holding for ARK Investments. The screen shots below are current as of Friday 4/19/24
This ETF is (ARKQ). As I've always previously stated, as long as Cathie continues to buy/hold, so will I.

Still far better than anything I saw here in Florida...😏 Thanks!

Your experience, Steve, matches one of this site's examples-

You see, giant institutions like mutual funds and ETFs need a lot of liquidity to minimize their market impact. Further, most ETFs are index funds, aiming to track an index.They need to mirror their underlying index closely, so they have to trade on the close, or else they’d be getting different prices than the index records.
You see, giant institutions like mutual funds and ETFs need a lot of liquidity to minimize their market impact. Further, most ETFs are index funds, aiming to track an index.They need to mirror their underlying index closely, so they have to trade on the close, or else they’d be getting different prices than the index records.

Thanks for the confirmation! 😀

My guess would be yes, but, that would be based solely on my "gut" feeling
and nothing to do with any solid fundamental knowledge or reasoning other
than the timing of the news and the MOC order... 😄

So Jeffrey tenders his resignation BUT, it's not effective immediately. He's still employed (at least on paper) until March 29th. That tells me that there must be a process in place and he wasn't let go for cause. That was Monday the 11th. Starting Tuesday, at the open, Intermarket Sweep trades began and gained steam for the rest of the week along with large-block Cross-trades in conjunction with large block Form "T" trades both Pre-market and After Hours. As of Friday, the total pre and post market volume for the past 4 days is equal to the Avg Daily Volume. That's huge for a low volume and low float stock like ATOM. The question is who and why?

Just for clarity why the Sweep trades caught my eye;

Intermarket sweep orders (ISO) is a type of stock market order that sweeps several different market centers and scoop up as many shares as possible from them all. Sweeps are typically large blocks, meaning that the trader placing the order has some major financial backing. Sweep orders indicate that the buyer wants to take a position in a hurry, which could imply that he or she is anticipating a large move in the underlying stock's share price in the very near future.

What is the difference between a block order and a sweep order?

A block trade is a privately negotiated transaction, with variables such as shares and position balancing at play. A Sweep trade is an aggressive transaction broken up and sent across multiple exchanges.

In conclusion, I'm questioning the timing of Jeff's departure time-line (March 29th) and the sudden large block trades in a hurry the next 4 days after the 8K release of Jeff's resignation. There has been no sudden sell-off so that suggests to me that someone(s) are accumulating. For what reason are they accumulating and is the timing of the sudden rash of sweep trades and Jeff's resignation coincidental/related, is what I'm pondering. Short covering? Has/is there a buyout coming (and that's why Jeffrey is retiring?

Just things to think about imo...🤔

I found that that trade (for 6,171,579 shares) crossed as:

03/15/2024 16:00:02 EDT 6 5.02 6171579 NYSE

The "6" is code for 'Market Center Closing Trade' or MOC (Market on Close) for short.

"A market-on-close (MOC) order is a type of stock order that instructs the broker to buy or sell a security at the closing price of the trading day. "

I saw that- Schwab sent it in an email. Caught me by surprise.

Maybe it's just me, but, the title is misleading imo 🙄. I had to read twice-
It's not simply "shortened to one day". It's still "T" + 1

Seems obvious to some, I know. But to me, I originally assumed (that's on me I know)
same or one day clearing.

You STILL catching flak for the Kink's siggy??🙄

I'm surprised mine never raised an eyebrow...

Then again, I'm sure it has gone over a few peeps heads😆

Exactly! lol Like I said, Rivian has done the hard stuff already-

Apple just needs to slap their logo and maybe some Apple bells and whistles on it- work the marketing and Bada boom bada bing- instant success 😆

***full*** power...

Like any 'electric' ride, it was incredibly quiet. I'm used to my RAM 1500- hearing all 400 horses as I throttle down,
and feeling the tires cut loose even on a dry hot day. The Rivian, on the other hand, gives you fool power instantaneously!
Even though it was raining out, when pushing the pedal to the metal, the Rivian throws you back in the seat and because
of its weight, the tires didn't break contact with the road. Unreal thrust.

The front screen panel was like looking at a 80" screen TV lol!

All in all, it was a sweet ride- VERY comfortable and smooth.

One thing people need to keep in mind driving these vehicles, because of their weight, 'electric' vehicles are canon balls on the road. The inertia
created by an 8500 lb vehicle is considerably greater than a similar sized gas engine vehicle. Think about what that infers in a crash- to you- to
the other vehicle...

I got to ride in a Rivian pickup a little over a year ago.

I was offered the opportunity to drive it, but, we had just come out of a restaurant, (having had drinks and dinner with our kids and some friends of theirs), it was dark outside, raining, and, oh yeah, we were out-of-state (Washington Seattle/Tacoma area). I begrudgingly declined to drive but opted for passenger experience instead. Sweet ride!

Btw, the thing weighed in @ 8500 lbs!

News (Re-cap): Archer Announces Fourth Quarter and Full Year 2023 Results; Now In Final Phase of Midnight’s Certification Program as it Readies for Launch in 2025

Approximately 80% of Archer’s Midnight aircraft’s subsystems and components are sourced from leading aerospace suppliers with certification heritage giving it a significantly de-risked path to certification

Construction of three conforming Midnight aircraft underway as flight test program makes rapid progress and Archer expects to complete 400 test flights in 2024

On track to complete build out of volume manufacturing facility alongside Stellantis in Georgia later this year

Strong liquidity position of ~$625M at end of Q4 2023 with cash balances increasing QoQ

And now they are going to present a joint paper...😏 HMmmmmmmmmmm....

Great! Next time someone proffers that suggestion my way, I can retort: "In the lab as we speak"...😏

When the markets move, the algos take over- actually, Archer holding up better than most the small-caps... at least for now.

I've been adding (Calls) only since January and haven't sold anything off- tried for some July OTM Calls several times... I did sell a few (50-share blocks) of my trading shares earlier, however.
(I did not fill any (July OTM Calls) with my stink bids btw and today's action really kills it)

But yeah, I agree I think this action is all positioning for the CC. It will be interesting to see how (IF) they guide for 2Q.

I've been buying and rolling Calls since November but adding in January: Calls

ARK still buying...

Notice the April $12.50 Call strike action (volume and open interest) past couple of days? Another 300+ contracts today although I'm not sure whether they were sold or bought...

Catalyst or a hedge? April is the pivot point regardless...🤔

This is what I get: "
sorry that symbol is obsoleted

If this is a result of a symbol change, please email us and we will correct it.

If this symbol has moved to the pink sheets chances are we no longer have the ability to track it.
Sorry "
☹️

Another (AI produced) news piece on the back of yesterday's NR:

LOS GATOS, CA - Atomera Incorporated (NASDAQ:ATOM), a company specializing in semiconductor materials and licensing technology, announced today an increase in its fourth-quarter 2023 revenue forecast to approximately $500,000. This revised figure surpasses the company's previous revenue guidance, which ranged from $300,000 to $350,000.

The upward revision comes after Atomera achieved a key revenue milestone in late December under its first commercial license agreement. This milestone was reached when the customer approved the MST (Mears Silicon Technology™) process following the successful validation of MST film deposition on an Epi tool within their facility. This acceptance indicates that the customer can now independently manufacture wafers with MST, which is expected to expedite development and shorten the timeline to mass production and subsequent royalties for Atomera.

Scott Bibaud, President and CEO of Atomera, stated, "Our first commercial licensee was able to complete installation of our technology and independently validate MST film quality just weeks after receiving our recipe." He noted that this development brings the licensee closer to the commercial distribution of MST-enabled products and demonstrates Atomera's role in enhancing transistor performance and advancing the semiconductor industry.

You saw today's news right? 😏

"Exciting that STM is moving quicker than expected towards production... Our customer can now manufacture wafers with MST on their own which should speed development and shorten the time to mass production and Atomera royalties..."

I like Dan Carlson's (TW_Research) take:

" ...from the PR, "{STM} was able to complete installation of our technology and independently validate MST film quality just weeks after receiving our recipe." Sounds like that is progressing quicker than planned. Also this, "should speed development and shorten the time to mass production and Atomera royalties.”

If you had modeled in them exceeding the tail end of timeline guidance, you might think they are right on schedule.

From my perspective, it doesn't really matter. What is important is to get STM into production and they are executing on this. If/when the next JDA inks, I expect the stock to really take off .

From "Twits":

Jon asks Dan of (TW_Research) :"What is your perspective on seeing this as quicker. Seems like this is the normal process. Install the EPI and validate."

Dan (TW_Research) replies: " I guess it depends upon perspective. This is of course the normal process. However, from the PR, "{STM} was able to complete installation of our technology and independently validate MST film quality just weeks after receiving our recipe." Sounds like that is progressing quicker than planned. Also this, "should speed development and shorten the time to mass production and Atomera royalties.”

If you had modeled in them exceeding the tail end of timeline guidance, you might think they are right on schedule.

From my perspective, it doesn't really matter. What is important is to get STM into production and they are executing on this. If/when the next JDA inks, I expect the stock to really take off."

Yes! One step closer...


"January 10, 2024

LOS GATOS, CA / ACCESSWIRE / January 10, 2024 / Atomera Incorporated (NASDAQ:ATOM), a semiconductor materials and technology licensing company, today announced it expects fourth quarter 2023 revenues to be approximately $500,000, an increase from the prior guidance of $300,000 to $350,000.

In late December, Atomera achieved the second revenue milestone under its first commercial license agreement, triggered by customer acceptance of the MST process. Acceptance was achieved after the customer validated the quality of MST film deposition on an Epi tool in its facility. This follows an earlier milestone for completing the transfer of Atomera intellectual property, including the MST film recipe, to this customer.[FL1]

"Our first commercial licensee was able to complete installation of our technology and independently validate MST film quality just weeks after receiving our recipe, bringing them one step closer to commercial distribution of MST-enabled products," said Scott Bibaud, Atomera's president and CEO. "Our customer can now manufacture wafers with MST on their own which should speed development and shorten the time to mass production and Atomera royalties. This effort is a great example of how we work with the most advanced semiconductor companies in the world to improve transistor performance and extend Moore's Law."