Don't look at me! I was hoping to see some LQMT pump action today on the upcoming unveiling of the new Samsung s6 with flowing metal. YAWN. Furthermore, the Apple event on the 9th could bring some interest. Not because LQMT would get paid. But, because it's a penny stock in the business of amorphous alloy. And if someone big announces they are using this rarely used tech, from experience in the past I know that traders and MOMO players will jump all over this cheap penny ASSOCIATED with the amorphous alloy sector and run it and dump into the exuberance. IF it were to actually happen. Now, I thought that perhaps some of the penny groups out there may foresee the same as I and load for a possible pre run before the 9th with many exiting before the actual announcement.
So far I am disappointed in my call. Monday and Tuesday were interesting enough and my theory is the modern day market makers(HFT algorithms) did a great job getting those shares Visser no longer wanted into the public float without destroying the share price. Who could have predicted that without inside info? Not me.
Anyway. I still expect some LQMT promotion soon. The line of credit sounds like a financially secured revolving fund. It wouldn't have even covered the last announced quarters burn. Unless LQMT pulls a rabbit out of their hat, pretty soon, I think they will need to once again dilute to raise funds. See what happened Monday and Tuesday? That's what I expect except on a larger scale if that dilutive financing comes into play. HFTs will move er up and down and all around to figure out where the buyers are. Get those new shares into new hands with a nice tiny slice of the action. And traders will flip flip flip and help create the volume to get attention.
If your gonna play, play. Congrats to the traders who have been killing it here. Oh and yeah. The SP we missed was .05. And the time to get out was .40. Nobody really missed anything lately. Traders know what to watch for and when to get out. BTW This is the same range it traded way back in 2012 when I was in it. .12-.18. Before the pop to .60. Except there were far fewer outstanding shares back then.
It's all gambling. The longs are blindly sitting at the slot machines dropping coin. The traders are studying numbers and history trying to increase their odds like professional poker players or sports line players do. The traders have been winning.
So far I've called this week wrong. Oh well.
Just my opinion and best of luck.
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.
