Seriously guys. There are 75 million brand new LQMT shares loaded and ready to be sold.
Think about it. I seriously doubt there are people waiting desperately to absorb those new shares. They will need awareness.
They have announced the world center and potential for 4 up coming contracts. So how do they get "awareness" out there to pump up the public to buy these new shares.
PR blitz of the upcoming world center days? And contract maybe?
Grease a few blogger palms to write up material highlighting the "potential" of LQMT, patents and the new production machine? Hmmm?
Grease a few more palms and get them LQMT/iWatch rumors going full steam? I dunno. I think the penny day traders are onto this big time and help drive serious volume and momo.
Historical highs? I am doing this from memory so please correct me if I am wrong. 1.20s 2010 - .60s 2012- .40s 2014.
How high can they push it up this time with so many outstanding shares out there is the real question? But remember, the objective is for the financiers to find the sweet spot to get the shares sold. I don't think it's intended to be about "bringing awareness" to increase value for the long term investor. If they take it too high, traders and longs take profits and that means way too many sellers on top of the 75 million loaded and in the chamber. It's a methodical churning to find the sweet spot in the volume to get brand new shares unloaded. $30 million is the same dollars whether they sell 1 million shares at $30 or 75 million at $.40 or 300 million at .1.
I know, your safe knowing the authorized is capped at 700 million so they can't dilute 300 million it is more than the current authorized. And they can't sell for under .10. If they don't find buyers at .40 they may see if .20s or .10s is that volume sweet spot where penny players feel LQMT is the buy. May take it even higher than .40s? lol. Wall Street can do anything.
I have no doubt there are traders who can see the potential for an upcoming LQMT pump and make some dollars playing it. And there is no shame for a long to maybe shake a few shares loose on the pops to churn your way to riding free.
It won't be me though. Just saying.
Take those sparring gloves off and plan your move irregardless of what it is. Be prepared for whatever and best of luck.
Just my imaginative opinion, so take into consideration what you payed for it and have a great day.
Let's keep it civil and understand that this is a forum of mostly amateur opinions. I am not here to give advice or argue. The best way to get rid of trolls is by using the ignore feature. And if you don't like what I say feel free to ignore me. Thanx.
