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Exactly.
It's interesting to me that the CEO dogged the quality issues of the former mfgr. but can't stake a claim to quality for a part to functional design.
The way that I see it is that the CEO talks like they invented injection molding. LMT is the limitation because the part has to be designed to it according to him, vs. the other way around. So, the "killer app" for it has to be big enough to justify the huge investment in time and $, all the while the stock is heavily diluted. I didn't follow NFLX in the early days and don't recall a dilution story. Maybe it was similar, and maybe there will be that big pop someday for LQMT. My question is "when"?
You raise some good points. If I were sitting on a bunch of shares with a loss that had a good chance of becoming a gain, independent of anything else, I would wait also, unless there was a faster way to make it back some other way. I'm doing that someplace else and kicking myself for allowing myself to be distracted. I had a proven technique that I became bored with and then I screwed up. So, the pain of waiting is killing me; but the instant that I recover, I won't do it again. It forced me to develop some alternatives, all the time I have to sit through the drawdown. I don't like feeling this way. I have goals to meet. I'm not doing it again (self talk).
The reason that NETFLIX has done well is because they own all of the essential patents for rendering video on mobile devices and the support of other network related functions. If another company wanted to do it as they have, they have negotiate an arrangement with NETFLIX. In other words, they've capped the market and with having negotiated a lot of distribution and contents use agreements early on (they had a head start). They also have pricing power. If LQMT could get to that, wow. But their technology/product doesn't have universal appeal. It's a niche market and sounds like a part has to be designed to work with it, vs. the technology being available to support any part design (limited). When the CEO dodges questions with caveats like "....if you design the part right..." it sounds like there are either yield issues or limitations in terms of what kind of parts designs mesh with it. The story gets more and more limited as time goes on.
Anyway, to all that served, I hope that Memorial Day was a day of honor.
I'm willing to bet that there can be yield issues if LMT based parts aren't designed right that could potentially impede a mass adoption/production scenario. See a recent Youtube video where Steipp emphasizes that the part has to be designed right (meaning that not just any part design works well using their technology).
SPEs, special purpose entities; off-balance sheet yada yada yada.
Funny that you would post this when I was just thinking that I needed to correct an earlier post, e.g. That profits don't have to stem from manufacturing. Either way, $26k ( or whatever the number was) is really low given their burn rate, etc. Surely they have a plan to be acquired, etc. once all the seeds have been firmly planted (assumes that they negotiate the right terms in contracts, etc.) I don't follow closely, but hope that someday there will be some news more significant.
I suppose that their leadership has a great average down strategy that will support their furture generations once all the seeds start to sprout; steady wins the race if there is really a market.
I heard months/years back that they had parts categories and forecasts to go with them that added up in aggregate to something meaningful over time. Assuming that 26K sounds like slow progress and small potatoes. It takes them a Looooooonnnnnnggggggggg time to build critical mass starting over and from scratch (spinning off programs, negotiating out some wireless parts - their earlier business (that might have not been profitable due to mold churn), etc. Maybe one day the flood gates will open (if there are any), and it finally all add up (for them). Still in the midst. It's said that when you are totally disgusted and that everyone has given up, etc. that's the time to buy a beaten down stock. It sounds like there is still some hope here.
Revenues are generated by sales/marketing; profit comes out manufacturing/delivery; supposedly Visser was cutting into the profit (negotiated margins); this company moves slow no matter you slice it.
At 26K revenue, it makes you wonder where the real revenue is going if there is any or if there is some other entity or structure capturing it. This company is amazing to me in that it sounds so good until you look at the numbers.
It sounds like they (LQMT) are still in the red, red (slow and methodical with high expenses). Hope you folks are making out big trading it.
This stock has yet to reach $1.00/share. Who is still holding out and why?
Was wondering if this might be an LQMT golf club in the field: http://sports.yahoo.com/blogs/golf-devil-ball-golf/phil-mickelson-lost-a-club-head-at-the-valero-texas-open-225814593-golf.html
Having a really miserable day in the heat of Tx; thought I'd find some company here, e.g. Miserable, lol.
Riddle/Quiz:
=> which tradable security melts "up" over time? When? Why? And Where?
=> why is this more interesting than watching someone else get rich at your expense?
Hints:
1) it's melting point is much lower than LM
2) it melts up with or without that someone or body getting rich at your expense
3) it does the complete opposite of a leverged RTF that decays
Yada yada yada.
Understanding the effects of dilution on shareholder value regardless of number or nature of patents and recent developments might also be something to include in DD that may not have been emphasized.
For me personally, seeing how this company loves to do that, effected my opinion independent of the companies progress in other areas.
There have been some good posts on this point by others who have followed this stock over the years, noting that even financial success such as increase in revenues, etc., wasn't enough to counter a decline in shareholder value due to dilution.
No offense, but if I were a particular person at this company, I would be embarrassed by the appearance of a shift from sunny to shady. I guess at the end of the day, reputation is irrelevant.
I agree, but if I were him, I'd invest in some real companies/stocks, above boatd, etc. He could still come out ahead with less aggravation.
F to M, that sounds about right.
On a 2 year, weekly chart, this stock looks interesting. On a 10 year monthly chart, not so good.
Does anyone believe that there will a transition of the company away from toxic financing? At what point in time and under what circumstances would or could that occur, e.g. a buyout, a goal to make the Russell 1000 finally (if ever??)
Relevant feedback to these questions would be appreciated and if anyone has an idea of timeframes.
Thanks in advance.
Like this post; being able to time the pumps and dumps could help more common shareholder wallets.
Stretchable 3D Liquidmetal - can they do it?
(middle news segment, skip the rest)
What's the current situation on Steipp's tenure/contract? Is he staying on?
Boo Boo, what happened to ghana gold? i can't even remember the stock symbol now ,
When you post how you get paid, we'd listen then.
We do. We just check in periodically to see what's shakin'.
This post makes sense to me now.
Some of the high flying momentum stocks that you mention had accelerating fundamentals and no toxic financing ..... huge difference.
As long as LQMT has toxic financing behind it, it seems to me that even improving financials might not make a difference in terms of sustainable common shareholder value.
I think Steipp trumps BV in high tech circles based on image alone.
He might be out of favor with some but on the surface he can look and sound good to some.
It's kind of like politics, etc., how quickly people can forget.
When and if things turn around, there would be all kinds if excuses made by people who stood the course all these years.
Sorry, I really haven't been following of late.
I'd like to believe the twitter stream or that someday reality and media sink up to the positive.
I am sucker enough to think that Steipp could pull the company out of things with enough time.
Unfortunately, they'd probably have to dilute more and more trying to buy more time.
It seems to me that they have been working methodically to straighten things out.
Their weak link seems to be how they negotiate deals.
I think Steipp will stay as long as he can.
I kind of think this can work out long term for the "young man" as someone said that Steipp puts it.
As long as they are giving away machines they aren't making any money. If they don't of haven't negotiated any royalties, etc. On payment of anything, it's a wash. If they do another AAPL deal (give away the farm), then thanks for the charity project LQMT. As long as they get paid through whatever means ( toxic financing), nothing indicates that common shareholders will necessarily benefit long term. Tradeflow Fund seems to be doing a good job at drawing people in before a dump.
Maybe the business will materialize afterall, maybe you have benefitted, maybe this stock will fall from being artificially propped up, maybe it will take 2-3 more years to materialize.
I guess you said it. There was a major dump after the 5th.
LQMT has done such a good job of appearing professional at times; this just might be a stream of more professional sounding pimps.
It can sound good and still lead to a major dump.
Correction: they say new WS CEO is a go; I guess that others have already read it.
They have a post that new CEO isn't confirmed.
It all sounds good on their twitter stream.
Just wonder who/how long they will p.
Who is tradeflow? ( investor, shareholder, ???)
Sorry if I missed a string of posts on them. Do you know what their relationship with LQMT is?
Their twitter address doesn't say much about who they are.