Liquidmetal Technologies Inc (LQMT)

[mowo]

Everyone involved is frustrated, and I am generally a very pessimistic person and I do not let dreams cloud my judgement, especially where money is concerned. That said, I have a substantial investment in LQMT that i've built up over the last 5 years. All the while, I've winced as the share price has declined consistently over time.

The problem with the share price is that this is a perfect storm of:
1) Pre-revenue technology company
2) Pink sheet / micro-cap status
3) Significant fall from NASDAQ IPO grace
4) A history of very poor management
5) LONG lead time to get the technology to market

The above 5 reasons result in a complete disconnect between potential future value of the significant patent portfolio and the current market capitalization.

Spacecraft can be made stronger and safer. Missiles can be made more accurate. Cars can be made stronger, safer, and more durable. Medical devices can be made stronger, more flexible, and completely non-corrosive. Turbines can be made better. At some point in most of our lifetimes, the technology will scale to the point of cost benefit versus traditional machining techniques. If there were 10,000 Engel machines sitting in a factory somewhere, we’d be printing money. At some point… there will be!

We are invested in a stock that doesn't follow the rules of the stock market. CNBC anchors aren't even allowed to mention pink sheet stocks. They can't mention micro-caps. The reason is that this stock doesn't follow the rules of thumb that they ARE allowed to talk about all day long. This makes investors very uncomfortable, and traders CAN be fired for buying LQMT right NOW. However, all the stars are finally lining up, even in this pessimist’s eyes.

Here's a link that discusses other ways to value pre-revenue companies: How Do Investors Value Pre-Revenue Companies? but I don't know of a rulebook for our "perfect storm” stock. However... we stand to get VERY rich if patience in the patent portfolio pays off. I'm a long-term investor, and LQMT is the only non-ETF single company stock that I invest in. It IS my lottery ticket with FAR greater odds than Mega Millions or Powerball.

I love reading this board every day, particularly gorgol, Watts Watt (welcome back!), and CIMA7’s posts. Best of luck to all!