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It looks pretty "Complex" to me...
As in:
Our Core Business focuses on Designing, Engineering, Mold Manufacturing, and Finishing of COMPLEX, precision parts for a vast variety of industries. Our engineers work in close collaboration with your designers, engineers, scientists, and manufacturing staff to create complex, sophisticated designs not possible with other traditional alloys and materials.
May 29, 2012 Leaked Iphone5 Video
PLEASE let this be true!!!
I'm with you 100% as a well documented LONG holder of LQMT.
I have ZERO expertise let alone even common knowledge of what that photograph shows.
What is your background in relation to being able to desipher the photo?
Thanks a lot 22!
I'm by no means in over my head, but for me (a "little" guy that enjoys the market) it gets frustrating.
Although I don't (and won't) flip flop on my share ownership here, my morale does on a daily basis...lol.
I have bought this stock 5 times on 5 different days and have never sold even one single share back.
What I'm actually looking for is an opportunity to buy in one more time (5,000 shares) and then stop and wait. I'm not trying to "average down" as I'm in at a cost basis right at this level but don't want to throw money in the wind either.
Although it's much more fun to make a hundred or 2 or 3 in a day than to lose it, I'm not really concerned about the pennies as I'm in this for the dollars.
When/If good news hits, I believe the spike will be immediate and the jumping on board at 300-400% of my cost basis will not be of interest to me. I'd like to accumulate those additional 5,000 shares with the intent of selling them into a $1.00 or more rally/spike and keep what I have now.
That is also my sentiment.
At this point a "hinge or antenna" is a victory.
I do also believe that Apple is planning to use this in a big way at some point, although my opinion is not in the back of the iPhone5, but we will see.
Not the answer most here want to see
The problem is nobody like us really knows anything.
All the "Conspiracy Theories", etc. I saw this at 7am and was depressed, but then I was thinking that the next thing I read will be "Apple put dummy cases on the market to throw everyone off the scent" so who knows what to believe.
When billions of dollars are at stake, my $5,000 in this stock is worth less than fractions of a half penny.
I'm in and long, not buying and selling the dips and waiting for news. If it's bad I'll probably still hold because I believe something is going to happen and all the bystanders will not be able to jump back on the train fast enough. When they do start jumping, perhaps I'll be nice to them and sell 20% of my stake to them at a 500% profit to me.
A Question About "Penny Flippers"
Guys I saw the 2 blocks totalling ~600k shares cross earlier this morning on the down side (OK, No biggie, someone got out that is sick of watching this stock trade at a snails pace up and down), but since then have seen 5k, 10k, 20k and a few minutes ago 43k all on the ask.
It would seem to me that real investors are buying in that plan on holding at least until news changes things dramatically one way or the other.
As to the "Penny Flippers" I hear about, isn't there somewhere better to be than here in a stock that trades VERY lightly and only fluctuates ~2 cents a day.
Also, there doesn't seem to be any money that can be made trading 5k-20k block shares after taking out the commissions.
Am I missing something?
I also think the Holiday Weekend was the reason for the drop.
There was no volume all day, and let's face it when a $27.00 purchase can move the stock price an entire penny/3%+ it's nothing to sweat.
I'm expecting a 3 cent jump in the first ten minutes of trading as everyone that jumped out on Friday jumps back in this morning.
Regarding Splits
I've been following this board but have not posted in this fomum.
My question is about splits, not this particular stock per se but splits in general.
It would seem to me that a FS would accomplish very little, if anything when referring to a penny stock (anything under 2 bucks for that matter) but I am trying to get educated from you men that are a lot more versed in these splits.
We are talking about a 6 cent stock here, it's not the price that would keep me from buying a 6 cent stock it would be my belief in the company.
If this stock split 3:1 (or 1:3, which ever made it 2 cents) and the price dropped to 2 cents it would not suddenly become appealing to me because I could buy 3 times as many shares at a lower price. It would probably actually have the reverse affect on me to be honest.
Conversely, let's say a company like Berkshire Hathaway BRK/A that is currently trading at $120,000.00 per share were to have a 12000:1 split and the price dropped to $10.00 a share, a whole freaking bunch of people would jump in and buy some.
In this example, I would absolutely positively think the market cap would go through the roof, at least a BIG spike as the volume would be outrageous.
We all understand the math, and that the numbers are the same when a stock splits, it's the psychology that moves the stock price when a split happens.
I am in LQMT ($0.27) and own quite a few shares (a big position for me) and they are not splitting, but diluting by issuing 100M more shares against the 300M that are there now. I realize this is COMPLETELY different, but again in this case it's a 27 cent stock.
If Google, Apple, etc split or diluted it wouldn't scare anyone but when a penny stock starts splitting, diluting, etc, to me it seems like someone is simply manipulating the numbers.
Article 5/22/2012: Apples Huge Investment; Liquidmetal?
http://macdailynews.com/2012/05/22/apples-recent-huge-investments-in-plants-and-equipment-for-liquidmetal-use-in-ios-devices-macs/
Apple’s recent huge investments in plants and equipment for Liquidmetal use in iOS devices, Macs?
Tuesday, May 22, 2012 · 11:29 am · 10 Comments
“Apple [AAPL] is shaking up the world’s electronics supply chain, making huge investments in plant and infrastructure as it prepares for fall’s iPhone 5,” Jonny Evans writes for Computerworld. “note Citibank’s claims that if you took Apple out the equation, the electronics supply chain would be shrinking. ‘Year over year, Apple on a dollars basis is expected to [be] outgrowing overall tech supply chain in the June quarter or, in other words, without Apple the supply chain is actually shrinking,’ writes analyst, Jim Suva. This is why Apple is able to command component supply at prices competitors can only dream of.”
“An Asymco report this morning… tells us the company’s investment in machinery and equipment in its most recent quarter is the highest for any quarter to date,” Evans writes. ” Asymco tells us the $1.3 billion in such spend in the last quarter needs to be raised by another $2.5 billion in the next two quarters. In other words, Apple’s investing very, very heavily in plant and equipment. So what’s it planning?”
Evans writes, “I’m not convinced all Apple’s plant and equipment investments can be explained away by the new iPhone. I’m anticipating new Macs, too, and I now expect some significant new re-designs across the company’s desktop and notebook products. Could some of the billions Apple’s investing be going into development of Liquidmetal tech for these devices?”
Thanks for taking your time to answer my inqiries Watts!
The only other thing on my mind today while reading through all of the information you've provided is relating to the KEP rods.
A common issue with Liquidmetal Alloys/BMGs seems to be the issue with being able to cool the alloy(s) quickly enough to achieve the confused atomic structure necessary to create the metallic glass in the first place.
Over time, the process has been refined and although in the beginning it was only possible to produce a strip or ribbon as thick as something like 1,000th of an inch, now I believe it's something like 1/8 of an inch which is leaps and bounds from the ribbon.
Although I have no clue as to the size of an actual KEP rod, it seems like it would need to be rather robust to achieve the desired military goal. Much thicker/bigger than what has been produced to this point, perhaps an inch or 2 thick and a foot long (I imagine would seem to be rational).
You've directed me towards articles stating that smaller prototypes were being made (fletchettes?) but is the LQMT technology at a point to make a large enough KEP to satisy the military application? Can be produced now for stage 3 testing?
Recurring Revenue
Are any of these 7 applications (6 actually, scratch Liquidmetal Golf for obvious reasons) providing revenue to LQMT today?
http://www.zdnet.com/photos/what-is-liquidmetal-used-for/6359510?tag=siu-container;photo-frame#photo-frame
Page 7 is a real doozie... Yikes!
http://ipo.nasdaq.com/ViewFiling_frames.asp?filename=0000950144-02-004412.txt&filepath=%5C2002%5C04%5C29%5C
Our historical results of operations may not be indicative of our future results.
Although our discontinued retail golf business will not contribute to our revenues in 2002 or in the future, this business contributed approximately 46.2%, 61.5%, and 74.7% of our revenues for the years ended December 31, 2001, 2000, and 1999, respectively. As a result of our limited history of selling bulk amorphous alloy components and products that are incorporated into the finished goods of our customers, and because the revenues, costs and expenses, assets and liabilities, and cash flows in connection with our discontinued retail golf business have been segregated in our consolidated financial statements, our historical results of operations may not be indicative of our future results. In addition, we have estimated in our consolidated financial statements the losses that we will incur while we continue to operate our discontinued retail golf business prior to its sale or discontinuation. If the losses we actually incur increase materially from these estimates, our financial results could be harmed.
If we cannot establish and maintain relationships with customers that incorporate our components and products into their finished goods, we will not be able to increase our revenues and commercialize our products.
To increase our revenues, we must establish and maintain relationships with customers that incorporate our components and products into their finished goods. We expect to rely on the marketing, distribution, and, in some cases, the research and development abilities of our customers to assist us in developing, commercializing, and marketing our products in different markets. To date, we have formalized only a few of these relationships. Our future growth will depend in large part on our ability to enter into these relationships and the subsequent success of these relationships. If our products are chosen to be incorporated into a customer’s products, we may still not realize significant revenues from that customer if that customer’s products are not commercially successful.
It may take significant time and cost for us to develop new customer relationships, which may delay our ability to generate additional revenue or achieve profitability.
Our ability to generate revenue from new customers will be affected by the amount of time it takes for:
• us to identify a potential customer;
• our customers to test Liquidmetal alloys;
• prototypes to be designed;
• manufacturing facilities to be prepared for full-scale production upon the transition from prototype to final product; and
• with respect to some types of products, such as medical devices, obtaining regulatory approval.
We currently do not have a sufficient history of selling products made from our bulk amorphous alloys to predict accurately the length of our average sales cycle. We believe that our average sales cycle from the time we deliver an active proposal to a customer until the time our customer fully integrates our bulk amorphous alloys into its product could be a significant period of time. The sales cycle could extend longer than we anticipate. The time it takes to transition a customer from limited production to full-scale production runs will depend upon the nature of the products into which our alloys are integrated. Our inexperience in this area could delay our ability to generate additional revenue.
After we develop a customer relationship, it may take a significant amount of time for that customer to develop, manufacture, and sell finished goods that incorporate our components and products.
We believe that many of our customers will perform numerous tests and extensively evaluate our components and products before incorporating them into their finished products.
7
Jpaige, thanks for the link.
I'm worried that LQMT will fade and someone else will thrive.
The future of things using Liquidmetal seems (at least in my mind) to be a certainty. What's not certain to me is that the stock price of LQMT is going to increase as a result of it.
Watts, do you think the partnerships are going to manufacture and more importantly SELL to these applications?
Do you think these are the reasons for the Engle, Vissor & Materion partnerships.
There MUST be something going on.
Following this stock is starting feel like watching a never ending infomercial that has no end or product... all sales pitch and no product.
I'm not turning negative but ready for some orders for something, ANYTHING to get filled.
Thanks for your service to our country and your relentless pursuit of information about this stock.
Happy Memorial Day Watts!
Liquidmetal iPhone5; Yes or No???
I can't Google one more search regarding this subject matter and if I read "MAY CONTAIN" one more time I'm going to rip what's left of my hair out.
Do you guys think that Apple is going to make the back panel of the new iPhone using Liquidmetal?
Thanks ONCE AGAIN Watts, for keeping the facts at the forefront.
I realize you've posted this before, but I've just reread the articles again. It certainly seems like the pieces of the puzzle have been put together for Liquidmetal to get production going, products shipping and PROFITS coming in.
With all that is in place, I am confident that LQMT will get across this next bridge and start filling orders.
I'll be very happy for you when things get rocking, you are relentless!!!
Sounds like the plan 22!
About 5 years ago I was in a stock called Dendreon DNDN at a price where positive news made me a winner. I was trying to figure out day trading and was getting in and out. I had done the research, bought some stock and Whahlah POP!!!
This was a roller coaster of EPIC proportions!!!
I took my position off at a profit but then proceeded to jump in and out as the stock moved wildly all over the place, sometimes shorting and sometimes going long, sometimes holding overnight, sometimes selling at 3:59pm, sometimes buying 400% with daytrading buying power, sometimes holding over night on margin.
Sounds good, except that almost ALL my decisions past the original one were on the wrong side of the trade!!!
In the end, I lost about $7,000 in a few weeks, threw up more than once and was drunk by noon more than twice.
NEVER AGAIN!
IF this spikes around a dollar on REAL news/info, I will hold 100% and follow closely, if it spikes on rumors I will consider taking enough off to cover 50%-100% of my initial investment and then do the same.
I AM NOT jumping in and out of this stock, DNDN taught me my lesson!
Where there's smoke, there's usually fire!
Let's hope this is the case with LQMT.
I've never spent as much time researching an individual stock as I have with Liquidmetal. MUCH thanks to Watts, 22, ICC and the others for all the links.
Along with reading the commentary, links, charts, brochures, etc that you guys are posting here, I'm also scouring through the Internet trying to bring something new to the table.
As encouraging as it is to read all about the potential this has, it's equally disheartening to see no new news and no results.
What is most surprising to me is that more new investors are not on board, even using LQMT as a hope and a prayer pick (many of us think more of it than that including myself).
Even a sound portfolio of stocks should/can/may include a percentage of long shot picks (perhaps 10% of total holdings), with a 27 cent stock an investor can own +/-2,000+ shares for the price of ONE SHARE of Apple or Google!
An older article that is even more relative NOW
I've been scouring the web looking for something new regarding Liquidmetal and the iPhone and came across this one about the manufacturing aspect:
http://www.slashgear.com/apples-liquidmetal-tech-potential-vast-tips-insider-2699148/
This is almost 2 years old and shows a machine making a "one pass" complex component for NASA.
Sinse this was possible 2 years ago about the time Apple inked the deal I believe that something like the cases/frame for the iPhone5 in a few months is TOTALLY POSSIBLE and VERY realistic.
Comfort Level & Exit Strategy
Everyone has a different financial comfort level regarding their investment in a single stock; I have found mine regarding LQMT.
After 5 seperate purchases, on 5 different days I am where I feel comfortable from both a total dollar amount as well as a total share amount.
My exit strategy has 3 possibilities:
1) At $0.78 sell a third of holdings and cover 100% of total initial cost and ride the rest.
2) At $0.52 sell half and cover 100% and ride the rest.
3) Watch it go to zero and catch the next train.
I want to set an exit strategy NOW before anything really changes other than the couple of pennies a day so I don't make a knee jerk bad decision on a day the stock pops.
What do you other investors do?
An even better scenario we are all hoping for is that NEW REAL INVESTORS start INVESTING in LQMT as they become aware of the stock (ideally by Apple's involvement), form some new higher base/floor price and HOLD the stock at least mid-term.
Surely I'm dreaming here, but I see a vision where everything goes right this year and the stock goes over $10.00 (or even $5.00 a share and trades like a normal stock based on earnings into the future.
Margin for many will come into play in this scenario, perhaps LQMT relists on the NASDAQ and institutional investors come in. With either Apple fully implementing this, the Military using it or another major player it may be possible.
Liquidmetal seems like some revolutionary stuff, they need to figure out how to get the word out to a wide variety of industries, and realize EARNINGS!
Linie- Well stated, I concur.
If this stock hits $0.78 I can sell one third of my position and cover my investment 100%.
I own 15,000 shares $0.26 and will (may) sell 5,000 at $0.78 to clear my initial investment and hold the other 10,000 into the future while watching this closely (obviously).
It wont take much more than a rumor from a "credible" source let alone real news to get there. I'm looking for a similar type of pop as when this stock very briefly hit $1.76 on the Apple announcement in 2010.
My other thought is selling 50% at $0.52 which is possible leading up to the WWDC and/or the ASM, both next month.
Although my conviction is not set in stone, my thoughts are that even on a quick "pop", that LQMT will clear both these hurdles in a matter of minutes of something big happening.
I TOTALLY AGREE!!!!!!!!!!!!!!
I have to (and do) totally agree; there is just plain too much potential stuff in the pipe versus any other cheap stock I can remember and one little actual real positive news result will send this stock screaming!
I increased my position this morning (at $0.31) by 15%.
I'm looking for dollars, not pennies!!!
I will buy A LOT more if this goes back to 12-15 cents versus selling.
LQMT is going to be HUGE, all it takes is either Apple usind (thus advertising the brand name Liquidmetal) or better yet a Military application... BOTH in the works as you are reading this, perhaps even Apple as a reality that we are not privy to at this juncture.
This is real technology.
Another Positive Article Dated May 7, 2012
http://news.softpedia.com/news/Liquidmetal-Inventor-Not-In-a-Position-to-Know-the-iPhone-5-Story-268010.shtml
This seems to debunk Peker's negativity.
New Article Dated Today May 24, 2012
http://finance.yahoo.com/news/global-markets-technologies-materials-thin-112500118.html
A question about the large block sold yesterday
Thanks to all here for the insight, I've learned a lot from you guys (Watts... Stay POSITIVE, NOW is your time)!
There are too many conspiracy theories surrounding this stock for me to even try to comprehend, and the shorts/bashers are annoying as hell (on Y! specifically, iHub is a MUCH better/more informative board with much more "mature" intelligent posters IMHO)
When I watched the 450k share block trade at .318 for $136k it supports the theory that something good is on the horizen because I don't think someone is gambling that kind of money.
Additionally, it seems that most of the volume was up yesterday (will one of you please post the up vs. down volume yesterday, I can't figure out how to look at that statistic).
Is my theory rediculous?
My plan was to increase my position (double) at $0.25, the funds that I allocated to do this are now clear in my account as of this morning or I would have done this yesterday.
Regardless of my optimism, there is something certainly valid to consider... that something is the downside as we all know the current financial environment this company is currently surviving in.
If we (the longs) are correct, it shouldn't matter if my purchase is at .25, .30 or even .40 as the upside will be over a buck immediately on good news or even a wide spread rumor.
In my mind (pure speculation) is that the downside is 12-15 cents so at .25 my downside is half, but at .30-.35 it's 70%.
My belief is that once good news comes out, we will never see these levels again and it will be too late.
My cost basis is currently .255, doubling now would raise it to about .28 or so.
Increasing My Position; A Question About Dilution
What is the concensus regarding increasing a position at the current stock price of +/-$0.25
My opinion is that this dilution is a foregone conclusion (from what I've read the shareholders can't muster the votes to defeat it if the insiders wish to push it through). Is the dilution factored into the stock at the current price?
Additionally, I also believe that when this stock gets the right news it is going to pop and it will be too late to get in at the current price which is why I am seriously considering doubling my position now.
It is my opinion that regardless of a poor earnings report (again), a dilution, bad news, etc that the bottom of this stock is 12-15 cents or approximately half of what it is trading at now.
By doubling my current position here, I am comfortable losing the additional money I will be investing to double as I believe that if I want out I will be able to get out at the 12-15 cent price point I referred to previously.
With all the rumors, buzz and what seems like a few actual real prospects for Liquidmetal I think something good will happen. Even if Apple uses Liquidmetal for something simple (like hinges for the laptop) I believe the exposure will increase interest in LQMT and certainly highten awareness of Liquidmetal.
Not from a technical/financial standpoint, but simply because the stock price is under a dollar I think someone that is a trader and reads perhaps the Forbes artical will look up the symbol, see a cheap price and roll the dice and grab a few hundred bucks worth. Combined with others doing the same will drive the price up.
All opinions (positive or negative) are welcomed and appreciated.
Here is an article I haven't seen posted previously:
http://www.stormingmedia.us/07/0731/A073104.html