Movement Industries Corporation (PK) (MVNT) News

Thanks my friend appreciate all your opinions 

I think the guy on the phone was pulling your legHe was probably the janitor 

Sure. indie Semiconductor
TipRanks has a 12-month price target of $6.63
https://www.tipranks.com/stocks/indi/forecast

My average cost is $3.77/share.
You can get it much cheaper now and probably for the next several months until the tech sector begins to recover!

Can you share the name of the stock, I'm out of the big board for now looking for some cheapies that look promising. 

Have a US semiconductor maker that went from a 3% loss this morning to about a 25% GAIN currently.
Not bad for a NASDAQ ticker. LOL
Guess I should have bought more this morning. 😁

Unbelievable trading today.
3000+ range for the Dow from bottom to top!!

lol

Not worried about the oil price....we have ZERO REVENUES...oil could be $100,000,000 per barrel and it wouldn't effect MOVEMENT 

Nah, We're fine

The lowest price per barrel of oil at which companies stop drilling varies depending on several factors, including the type of oil production, location, operational costs, and the financial strategies of individual companies. There’s no single universal threshold, but I can provide a range based on available data and industry insights.
For U.S. shale oil producers, particularly in regions like the Permian Basin, breakeven prices for drilling new wells typically range from $48 to $69 per barrel of West Texas Intermediate (WTI) oil, according to surveys like the Dallas Fed Energy Survey from recent years. Smaller or less efficient companies often need prices closer to $60–$70 to remain profitable, while larger, more efficient operators (e.g., ExxonMobil or Chevron) can sustain drilling at lower prices, around $25–$35 per barrel, due to economies of scale and low-cost assets. Below these levels, many companies halt new drilling projects because the costs of exploration, drilling, and completion exceed the revenue from selling the oil.
For existing wells, the threshold is lower since the upfront capital costs are already sunk. Operating expenses for existing wells in the Permian Basin can be covered at prices as low as $30–$38 per barrel. If oil prices drop below this range, companies may start shutting in production (temporarily stopping output) rather than drilling new wells, though some might continue if they’ve hedged their production at higher prices through futures contracts.
Globally, the picture shifts. Offshore projects, Arctic drilling, and heavy oil production (e.g., Canadian tar sands) often require $50–$70 per barrel or more to be viable due to higher extraction costs. When prices fall below these levels for an extended period—say, below $40–$45—activity in these regions tends to slow or stop entirely, as seen during the 2020 oil price crash when WTI briefly hit negative territory and Brent fell to around $20.
Historically, drilling activity has plummeted when prices linger below $30–$40 for months, as seen in 2016 and 2020. However, some companies might persist at lower prices if they anticipate a rebound, have strong balance sheets, or face pressure to maintain output. Posts on X from 2025 suggest sentiment aligns with this, noting slowdowns below $60–$62, though anecdotal claims of drilling continuing at $48 indicate variability.
So, the tipping point where most companies stop drilling new wells is roughly $40–$50 per barrel for U.S. shale, with higher thresholds ($60+) for less efficient or costlier operations. Below $30, even the most resilient producers start to pull back significantly, focusing only on maintaining existing output—if that. It’s a sliding scale, not a hard cutoff, driven by cash flow, debt, and market expectations.

Price of oil cratering.
How low will it go??
Very bad for the oil sector and those supplying equipment and services to it.

Hey Larry! 

Agree larry agree other then the wasted money which if you sold 3 1/2 years ago for profit what a waste of time which is more important

This is so sad !!

No one knows shit at this point except there's been zero revenues for 2 Q's filings late as usual yet there's been no pumping or dilution? We've been getting little indications shares have been issued to pay for something and folks answering their phones indicate business as usual. Who knows anything but the man behind the curtain.

Gem it seems no one knows really whats going on hopfully the OTC community comes around to pump this so we can dump

We're stuck in the muddddd till management decides to do the right thing and talk and update Shareholders.  
Feeling like they gave us the Shaft 

Tariffs should only affect companies with revenues from non-US companies.
MVNT hasn't had any revenues for at least 6 months and maybe more.
My conclusion is that tariffs should not have any direct effect on MVNT.

I asked Microsoft Edge's AI if tariffs will destroy the world.
Here's the answer I got: America is harming itself as much as, if not more than, other economies with its latest tariffs, analysts say, and recession is now a real risk for both the US and the world. So not the end of the world.
Just a potential worldwide recession. LOL

https://www.bing.com/search?q=Will+tariffs+destroy+the+world%3F&form=ANSPH1&refig=0309B71A0086469F89E53B38229F7797&pc=U531

Once again with only 2 trades, it's easy to tell which trade wasn't a "short" trade.
The first trade of the day was for 150,881 shares. The second trade was for 5,000 shares.

20250404|MVNT|150881|0|155881|O

NASDAQ in "bear market" territory now!
S&P deeply in correction territory (down ~18%)
Dow Jones only down around 12% from recent high. LOL

Greetings All,
Hope you are all doing well...

April 28th is our Federal Election...been doing some volunteering for my candidate. Have to exterminate these Liberals from office, so we can start to steer this ship in the right direction.

I never thought there was anyone worse than Trudeau...but colour me stupid...this Carney is worse and more slippery.

Wish us luck!!!
GeneO

Someone here said they know who it is ,they must need money bad to sell down here .

That's a good sign I presume. Just wish that seller would finally get rid of all their shares.
Still wouldn't help sp without some positive forwarding looking news from Linh.

Level 2 is clearly looking differnt today seems that bid gets hit and blocks reappear

Retail selling again? Wonder who that could be? LOL

Well, I think the tariff fear is subsidizing fast. Hopefully management decides to acknowledge shareholders shortly. I think the damage they've done by hiding their head in the sand will be forgotten if they start releasing news and come out with a press release, indicating some path forward. 

The interesting part was the 20k trade in between. It was a retail sale that apparently was hitting the bid and the MMs paid over bid price and took the shares.
Appears they are trying to cover all they can at this level.
Their short position is massive but with the DTCC not enforcing FTDs it's that way on most tickers. Big boards included.

Zero volume today would be quite nice imho. lol

That's what I'm hoping. LOL

Nothing will effect MVNT we're already at the bottom of the lake.

Looks like that opening trade of 2000@.0086 was shorted.
But why not that closing trade of 1000@.0093?

Put on your trading hats everyone.
Looks like it's gonna be a wild day and maybe even a wild few months. LOL

Healthcare looks like the only sector in my portfolio not getting bombed today. At least not in the pre-market.

20250402|MVNT|2000|0|23000|O

I settle for .128

Vincent Van Gogh strikes again. Could you paint us up to $1.28?

It appears to be. Yes

When will we hear something material from MVNT management?

I believe I posted last year after MVNT posted their FY 2024 fins that we wouldn't hear anything material again until FY 2025 fins are posted.

Well, hear we are at the beginning of Q4 in FY2025 and nothing material at all has been posted. I'm sticking with my prediction that nothing material will be posted by Linh until the end of September 2025 at the earliest. And it could be as late as mid-November 2025 when the next 15-day "grace period" ends. By then MVNT will have spent basically an entire year trading below a penny.

But don't give up hope completely. After all there is still FY 2026 to look forward to! LOL🤣🤣🤣

So 100K was a real retail sale? (100K not shorted)

Let hope !!!

Just needs a spark. The fuze is freeking long,

20250401|MVNT|338500|0|438500|O

No. It was MM's selling to themselves to create the appearance of someone selling. Someone sold 100k shares and the MM's added 200k to the order. Both trades went off at the exact same time. The rest of the day was shorting to themselves. Not sure the CDEL buyer at 72 is real. If it is a real buyer they are just digging deeper

Not sure down here in Miraflores so not on the computers much

Yes. Are MMs buying those shares to cover short positions?

It seems the bid is being replaced

Someone's dumping a whole lot of shares today (437.5K so far).

Some retail person (guess who) sold 300K shares for ~$2180 (without commissions).

Good post tmcfo.

I don’t understand why any business would take shares from a business in place of cash for services unless they have reasonable knowledge that they will be able to sell them for at least the value of service and the stock has buyers to not crash the price when selling.