 Wow. What's up? Money Geeks. Mr. V here. Welcome to another video. Guys, in today's video, we are going to talk about Ticket Symbol LAZR Luminar Technology. So this is a stock that we started with the IPO here, kind of break it down. And I told you guys what I was thinking about the stock and why I thought this was going to be an excellent stock to invest in in the future. And then the stock finally, actually, you know, went public through a reverse merger. And so it started trading under the Ticket Symbol LAZR. And ever since then, people are starting to catch up on the stock and the stock prices just move most recently to the point where I'm like, what is going on? So we're going to kind of cover that today. But before we get started, guys, if you're new to the channel, we took over hard to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. So as you guys are aware, guys, Luminar Technology, this is a company that is building LiDAR technology. So LiDAR technology is what is going to be used to power autonomous vehicles. So again, I've told you guys the logical progression that I see here. And that's why I, to me, I'm investing in the future. I'm not just investing in a stock just because I think it's a good start. I'm investing in the future because that's where we're going. So if you look at the logical progression where we're living, you know, gasoline cars go into electric vehicles. And then the very logical step next would be autonomous vehicles. So people don't even want to drive. You just want to sit there and look at the phone or work in the car. And the car will take you from point A to point B. And the fact that in the future, cars can talk to each other. It's going to reduce the amount of accidents that we'll have on the road. And I mean, it's just going to be efficient. It's not going to be any traffic because the cars understand they're not just fighting and trying to be first to go. They just know that if you slow down a little bit and let the car in front of you go, it's probably going to save you a lot more time instead of trying to force your way into it. So again, that's just my take. But I see this company more so as the future. And that's why I'm investing in it. I'm not looking two, three years. I'm looking five, six to 10 years down the road. Remember when Tesla first came out, nobody really thought this Tesla was going to be a thing, right? And today you have all these other electric car companies that are popping up, you know, from semi trucks to delivery vans to city buses. There's so many electric vehicles that are coming out today. So somebody needs to start it with autonomous vehicle. We don't have this technology is out there, but it's not on the streets yet. So these guys are actually leading the space. As a matter of fact, Volvo is actually building the lighter technology from Luminar into their cars. And they plan on releasing those, start selling those cars to customers by 2022. So it's not too far from, I mean, you talk about two years from now. So it's not, you know, a ways out. And if they do that, these guys, again, these guys are leading that space. And that's why I love this company and the technology. So just when we talked about the stock here on the channel, guys, this is what happened just last two days with the stock, which is kind of crazy. This stock, when the merger with the merger actually went through, this stock was still trading somewhere at about $17, $18. Now the stock has actually squeezed all the way up to we think about $43 for a high. And so the stock has just in the past week, the stock has actually gone up $130. Guys, this is ridiculous. I mean, as a matter of fact, I'm actually pissed because I feel like I did help push the price of the stock up because I was talking about here on the channel and I'm so bullish on it. So my goal was to let this, the price slowly move up so that I keep adding to my position as it goes up. But it just jumped to the point where I'm like, I don't really, I don't really like this. So hopefully it slows down again so that I can keep adding to my position that there's a certain number of shares that I want to own so that I can just hold for the foreseeable future and five, 10 years. I'll see where that goes because this stock, the way it's moving, this is be over a $200 stock in the next three or four years. Again, guys, this is my personal assertion. Just because I trust the technology, I see what these guys are doing. If you are looking to get into the stock, maybe at this point, you can easily start what are called dollar cost average your way, DCA your way into the stock. So don't start and buy 100 shares at a time. Start with maybe 10 and give it a little bit of time to see if there's any pull back when you add. And likewise, if you see, if you buy 10 and there's momentum moving forward and then you slowly add. So you can DCA your way up or you can DCA your way down. So dollar cost average your way into every stock. That's the best approach of doing. So again, guys, I'm still really bullish on this stock. I think the technology here is excellent. People are starting to realize what these guys are doing. The partnerships that they're building with other companies, with other car manufacturers. And to me, that's the part that I really love. You guys, they're not going out there and trying to build their own cars. No, they're just building the lighter technology and the lighter technology is what other car manufacturers are just going to buy from there or partner with them to put in their cars for, if you, for people that for companies that want to build autonomous vehicles. So that's the reason why I think this is, this is the future of driving. Well, the future is nobody wants to drive. People want machines to drive, which is going to be autonomous. So that's, that's the way I see it. Let me know in the comment section, guys, are you buying LAZR or are you just like, hey, this is probably way out of my price zone and I don't want to touch it. Again, I want to hear from you guys. Leave those comments down there, ask any questions and I'll always get back to you. And also if you're looking to get started in investing, guys, Weibo is going to do a promotion right now where if you sign up and deposit $100, you get four free stocks and just for signing up and deposit $100, you get a free stock, I get a free stock, that's what helps me continue to put content here on the channel for you guys. And as always, guys, always do your homework, don't be a greedy savage and stay motivated.