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I followed “Seeking alpha” for years and tracked their performance. Have written them off as about 20%. They pay their contributors and I think that affects their credibility.
You should consider googling “Things to Consider During Blackout and Quiet Periods”. The article covers a lot but the “quiet period” says…a quiet period is a period of time when corporate insiders need to limit their interaction with the public due to the insider’s knowledge of material information”. It goes on to spell out 2 general categories
1. IPOs and Financing
2. Around quarterly reporting dates or the announcement of material events etc.
Blackouts are associated with preventing employees from trading stock in specified periods when they have insider information.
Gee Whiz….and no contract….how can that be?
All this emphasis on contracts and why LQMT-NA doesn’t seem to have any. Why would LQMT-NA necessarily be a party in a manufacturing contract between a whale and Yihau or Eontec? If the orders were to originate in NA (like the dental business) I see the relevance but otherwise not so much. Sounds like a broken record.
Thanks…I’ll devour this website. My favorite reference is “Complete Encyclopedia for Covered Call,Writing” By Alan Ellman. He s a bit overbearing but has some interesting ideas.
Buy/write strategy for a rising market says buy the stock, write an “out of the money” call with a 2-3 week life and ride til the expiration. If it does nothing…pocket the premium and repeat, if it increases and you get sold out, pocket the premium plus a few points to the strike price and if it decreases the premium provides a “cushion” .buy the call back and roll downward.
Two out of three outcomes make money and the third is somewhat hedged (and 3 weeks is short). The time value erodes quickly in the last few weeks and that is what you capture.
Volatility isn’t all bad….a high VIX coincides with high option premiums and selling short term covered calls can be very profitable…short term is 3 weeks to expiration. Avoid earnings dates since they are generally weak. A company can crush revenues and earnings and say “next quarter may be challenging” and the stock can drop 10%.
Or you could have bought Dominos (1000 @$9) many years ago…sold it at $13 three weeks later and declared victory. Today it is $436. Missed the big run on that one!
$300 million in tax loss carry-forward means no US taxes for quite a while.
I think we have seen a major shift in type and frequency of communication from LQMT. We have had more communication from the company in the last six months than I’ve seen in the previous 8 years that I have been here.. It’s a good sign.
I like the one where a significant stockholder dies and the family finds a half million shares. They take it to the financial advisor who never heard of it and says “dump it”.
A second key element is liquidity…price movement (up or down) on 5 or 10 thousand shares is meaningless. When one considers the those volumes represent $500-$1000, they are irrelevant. We have a liquidity issue which is why I don’t trust the “float” numbers.
A momentum measurement of volume times price movement would be more useful…hmmm
The volume trend is a true measure of the action….
10 day average is 2,150,000 per day
50 day average is 900,0000 per day.
Dollar volume has gone from $100k/day to more than $250k/day ….still not huge, but a good trend.
It would require a vote, ….I think Apple has “right of first refusal “…….chump change to them!
An adder to your “final thought” …..or we could be bought by a listed company. That qualifies as a bad outcome!
Our market cap is just over 100 million….someone could offer $200 million and we disappear only to miss out on explosive growth.
This week is a holiday week…..Lunar New Year so don’t expect much out of China.
This week is a holiday week…..Lunar New Year so don’t expect much out of China.
I’ve seen the composition of the alloy used in the GigaPress but I couldn’t call it up. I remember mostly aluminum, next magnesium and about seven other minor components. Very sophisticated combo to balance strength, light weight and process ability through the moulding equipment.
Hate to rain on your parade but this conference deals with the various ways to melt metal as opposed to LiquidMetal…..sorry
Hate to rain on your parade but this conference deals with the various ways to melt metal as opposed to LiquidMetal…..sorry
Substitute “K” for “M” and all is good……just adjust by 1000X
Ideally we want to rise on increasing volume and fall on decreasing volume
The Daily 10 day RRG (Relative Rotational Graph) for LQMT on StockCharts shows LQMT is outperforming the S&P by an accelerating rate.
Well I was half right…or half wrong. Eontec is traded under the stock 300328sz but I had been using 002182sz for Yihou and that is incorrect. Thanks to JRS for pointing that out.
On an up note….It’s 3pm and the volume is north of 3 million. Eontec and Yihou both had strong moves last night on many time their average daily volumes.
Would you be disappointed if the whale were Microsoft Tri-fold hinge?
You are correct …the 10 day ADV has gone from about 500k to 1200k in a very short time.
Flash of reality….1200k is $144k at today’s closing price. Good trend anyway.
Nobody makes half million dollar machines and stockpiles them….technologies evolve and machines become obsolete and they ar no longer marketable. Everything is made to be sold…now
If by using a LiquidMetal driver, the “sweet spot” on the club face has twice the area of a conventional club, ..a fair golfer can play better. That is marketable…. Tiger Woods will hit the “sweet spot” regardless.
Never short a thinly traded stock…without liquidity, you are a sitting duck.
So what is the real “float” for LQMT? The official number (900 million minus 400 million is about 500 million). Yesterday the stock moved 22%+ on about 1% of the “official” float. Too big a move for such low volume.
I suggest that the “official” number doesn’t reflect real life. The stock behaves like the actual available float is a much smaller number …perhaps as low as 30-50 million shares.
So where is the rest…very closely held in the portfolios of folks in for the extreme long haul.. these people are looking for the 10x or 20x or 100x return on their money and have no intention of selling to chase a momentary blip. Here to the end.
The biggest question mark I see is whether ATJ will be scaled to sell $10 million or $100 million and how soon? Fifteen years ago a set of irons was going for $3000 in South Korea so the numbers could add up fast.
I’m reluctant to jump on the Apple bandwagon…Apple is a problem to deal with and I don’t think we have the scale to make the relationship work…(I owned GTAT and lived…one of the few!). Apple is a “bully” that reminds me of dealing with GM in the 1970s and it was never fun. I would rather see Tesla decide to put BMG machines in Fremont, Austin and Germany to take their part fabrication “inhouse”. Elon Musk could do that in the snap of the fingers.
I don’t think the entire club will be “made in China”….only the head or head insert so technically it can be assembled in Japan with shafts from elsewhere and carry a Japanese name. It’s a marketing problem that has been addressed before
This is good business and from what I see, LQMT doesn’t have to do anything but audit the royalties.
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So the USGA legislated us out of a market and who is the USGA…it’s the golf club suppliers (in part)…so they make a rule preventing us from making a superior product. Know a good lawyer? All the golf club manufacturers in the US should be making LiquidMetal golf clubs.
Japan doesn’t give a rat’s pitutie about the USGA…but that is Asia but it will spread around the world.
We are lost in the details…consider the context….
LQMT gets a new accounting firm with international/licensing/royalty expertise.
LQMT gets a new sales agent/manufacturer(?) for Europe
LQMT signs a formal manufacturing agreement with Yihou Metals
LQMT signs a product licensing agreement for golf applications
All this in something like 8 weeks….things are starting to roll! These aren’t dots—-it’s a superhighway.
That’s the way I read it….you have dibs on up to 10% of our capacity. That is 9 machines and I bet it’s all subject to revision if the opportunity pops up.
Apparently, there is no ban in Liquidmetal clubs (see nerdbeautiful’s post)….golf ball manufacturers come out with improvements every year promising longer drives etc….steel core, liquid core blah blah nobody has banned them from the sport.
I’ve heard some rumors of them being “banned” but I’ve never seen anything credible. There are rumors of longer drives but none of the accounts in your notes indicate this as an potential benefit. Banned by whom? The PGA? I don’t think it ever got that far….I suspect it was quality issues that derailed commercialization. Being banned because of creating an unfair advantage sounds like marketing rhetoric to me.
The Japanese are fanatical about their golf….they will buy them regardless. Let’s say they do provide an advantage and the PGA says that nobody can use them OR everybody can use them…your choice. The big market is Joe Blow who wants an extra 20 yards for his weekly golf.
We shall see!
The drivers from years back were a thin laminate affixed to the face of an otherwise conventional club. Nobody had the ability to make a thicker cross-section. Not an Apple to apple comparison. I’m sure all parties know the history and feel confident in the path forward.
Two press releases in one day! Now we have a golfing partner! How many press releases between now and March. I’ll guess 5.
Guess the “bouncing balls” video paid off.