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Yes-BID-demand-is-up ASK holding w/small-lots-at-that price point
If the ASK meets the demand at lower BID prices with small lots the trend is sideways or lower as it's doing now, if the ASK holds and offers demand at higher prices and increased lots sizes the stock will rise.
The 60 sec chart shows sideways movement because ASK is not bending to the lower BID price with volume yet.
wesd25 Try this Look-at-3-things, 60sec-chart Time&Sale and-L2
Watch how the L2 shifts BID shares&price vs. ASK shares&price and review the outcome on the 60sec and Time and Sale. you'll see a rhythm typically develop between how the L2 shifts and the outcome of the shift. Key is to watch the bid price & demand and how the Ask price & demand responds.
This morning at open the BID demand was huge and the BID price a little low... And the ASK response was holding fast with little (5k) shares lots available at the BID price point. When BID demand continually increased the ASK came alive with volume but a high ASK prices.
YES go to the OTC @ http://www.otcmarkets.com/home and click on More Market Activity. you can select $volume Share volume and Trades and others.
wesd25, Yes-the-L2 will tell you a lot about-near-term-movement.
Currently the ASK has risen in available shares to meet demand on the BID side but to meet lower BIDS numbers. My opinion, this is why there is selling going on now.
Resistance points are a good step to understanding thresholds and its good that you play them.
L2... For me it's just long term trading, I usually trade in futures but I'll look around and if I find something I'll send it to you.
When the L2-shows-BID stronger than-the-ASK buy-demand-is-high img-inside
This L2 shows strong demand for shares. As the ASK side responds to the BID a shift will occur and the ASK side will begin to look stronger - this flattens out the buying. Depending on circumstances, after a rest the BID begins to build again vs. the sell then demand for share will push. This Ying and Yang is good, so long as it continues.
the next resistance point is .114 if LM can break and maintain it will run. Of course a news not rumor will help.
Missionary technologies take-time-to-brew, is-LQMT's cup-of-Java ready?
99% on this board hopes so for good reason including myself.
It's fun to speculate, argue and laugh: makes for an interesting day especially when LQMT is on the move. And it appears that the current play is positive given indicators other than patent news, media articles, and rumor speculation.
But keep in mind that unless LQMT has some sort of real revenue about to be booked and announced (the cup is ready and the java poured) all bets are off for a rally to sustain.
I say this with the best intentions so keep watching closely and be reasonable about opportunities to make money from this low of .07+ be willing to take a profit on a percentage above your last buy and buy back in. Short term traders look for these types of opportunities and this type of action can push a stock upward quickly in spite of the rumor mill.
If LQMT time has finally come there will be plenty of cash, and coffee floating around for everyone.
Go LQMT!
Looks-like-the-ASK-is-holding @ good numbers-the BID a little weak
Very strong BID side build!
here we go!
.104-to-.105 is-the-resistance-point let see how it goes
Yes, good bid side building. L2 inclosed
It's nice when you seem demand outpace the sell side
* CDEL 0.101 10,000 * ARCA 0.102 5,000
* UBSS 0.1 12,000 * ETRF 0.102 5,000
* ETRF 0.0985 10,000 * MERQ 0.103 5,000
* NITE 0.098 45,000 * CDEL 0.1035 5,000
* TEJS 0.097 10,000 * LAFC 0.104 5,000
* BTIG 0.0965 30,000 * CSTI 0.105 5,000
* MERQ 0.096 10,000 * NITE 0.105 5,000
* CSTI 0.095 10,000 * ATDF 0.106 32,000
* ATDF 0.092 20,000 * BTIG 0.107 35,000
I understand what you mean but harder to predict...
Short term charts are not the best thing especially for a company like LQMT since they are not operating as a revenue producing entity - only on the strength of the technology, innuendo, rumor and sheer investor love. But today it seems to be accurate since LQMT is now bouncing at .104-5. Who knows how long that will last...
I understand what you're saying about preferred to common. I've seen situations, not in the penny market, where insider moves were interpreted and the step that should have, didn't materialize. But in this case I believe you are right.
By nature I'm not a long term player in anything I buy, I'm in-and-out for the buck and that's why I got out before the i5 announcement and disappointment... It was the right move because rumor and innuendo well.... it usually never puts anything in your pocket.
I actually should get out today because I've already made a decent profit... buy back on the next drop. Oh well I guess I've got a soft spot, maybe in the head, for this stock.
GO LQMT!
Any-solid-deal announcement with-a-large manufacturer would do it
If it can-hold@ 104 and-break-this next-resistance point it may run
Sideway stock movement, the psychology of ambivalence
It is not uncommon to see a horizontal trend dominate the price action for prolonged periods traveling between strong levels resistance and support before starting a move higher or lower. In most cases this uncertainty-principle as applied to sideways stock trends suggests a "wait and see" attitude in a cash position.
BUT LQMT seems to live in a magic realm... In LQMT's case the one key factor should be Revenue Performance and the ability to continually improve bottom line revenue from quarter to quarter less some catastrophic and unexpected event. Amazingly LQMT has no significant revenue to speak of, only rumors AND YET this stock moves quickly up when just a hint of something possible is suggested.
When the promise of revenue evaporates as it did happened after the i5 public announcement investors ran for cover and the stock did decline from the .3x to now .07x at the low. And now it's quite clear that the cheapo i5 will be made of plastic and possibly the i6...?
In any case there is so much pent-up buying pressure that this stock can move as quickly as it's done so far today on reasonable volume.... MAKES ME WONDER if they had some real REVENUE announcement were could this stock land...
gmcdonald34 did-you-upload this image from your desktop?
L2 starting to build again after breathing a bit
* CDEL | 0.096 | 16,113 * ARCA | 0.097 | 16,000
* NITE | 0.096 | 10,000 * ATDF | 0.098 | 36,000
* MERQ | 0.0955 | 10,000 * CSTI | 0.098 | 10,000
* ETRF | 0.095 | 40,000 * ETRF | 0.0989 | 30,000
* CSTI | 0.095 | 10,000 * UBSS | 0.099 | 42,000
* CANT | 0.0925 | 15,000 * LAFC | 0.1015 | 5,000
* UBSS | 0.09 | 507,334 * CDEL | 0.102 | 39,400
* PERT | 0.09 | 10,000 * MERQ | 0.104 | 6,000
* BTIG | 0.086 | 10,000 * NITE | 0.105 | 5,000
* TEJS | 0.086 | 10,000 * BTIG | 0.107 | 35,000
* BMAK | 0.083 | 10,000 * CANT | 0.113 | 5,000
* LAFC | 0.0825 | 10,000 * TEJS | 0.113 | 5,000
* PUMA | 0.0785 | 10,000 * BMAK | 0.115 | 5,000
* ATDF | 0.077 | 100,000 * PERT | 0.116 | 75,000
* RAFF | 0.076 | 10,000 * VFIN | 0.12 | 5,000
* MITR | 0.064 | 10,000 * PUMA | 0.13 | 5,000
* AABA | 0.05 | 10,000 * STXG | 0.142 | 5,000
20-day-chart Next-resistance point .104 if it-can break that
Yes, I agree and still good buying pressure
Not-a-Bad-trend line since 2/27 if-it-maintains-9+
it just might run a bit even though this company has no real revenue just rumors... truly amazing!
Yes very strange BID side vs. selling? L2-inside
||| UBSS 0.09 507,334 ||| ARCA 0.092 10,000
||| CDEL 0.09 252,175 ||| BTIG 0.093 10,000
||| NITE 0.09 20,029 ||| NITE 0.093 10,000
||| PERT 0.09 19,000 ||| ATDF 0.094 18,100
||| ETRF 0.086 30,000 ||| CSTI 0.094 10,000
||| BMAK 0.086 10,000 ||| BMAK 0.0949 10,000
||| TEJS 0.086 10,000 ||| TEJS 0.0949 10,000
||| LAFC 0.0825 10,000 ||| ETRF 0.096 90,000
||| MERQ 0.082 10,000 ||| MERQ 0.099 10,000
||| PUMA 0.0785 10,000 ||| UBSS 0.0999 40,000
||| BTIG 0.078 10,000 ||| CDEL 0.1 22,000
||| CSTI 0.078 10,000 ||| LAFC 0.1 5,000
||| ATDF 0.077 100,000 ||| CANT 0.113 5,000
||| RAFF 0.076 10,000 ||| PERT 0.116 75,000
||| MITR 0.064 10,000 ||| VFIN 0.12 5,000
||| AABA 0.05 10,000 ||| PUMA 0.13 5,000
Full Bid & Ask L2 inclosed
///// UBSS 0.09 207,730 ///// PERT 0.0902 10,000
///// CDEL 0.088 31,370 ///// ARCA 0.091 10,000
///// ATDF 0.0871 20,000 ///// NITE 0.091 10,000
///// BMAK 0.086 10,000 ///// BTIG 0.092 25,000
///// PERT 0.086 10,000 ///// LAFC 0.092 10,000
///// TEJS 0.086 10,000 ///// ETRF 0.093 80,000
///// NITE 0.083 35,000 ///// MERQ 0.093 10,000
///// MERQ 0.082 10,000 ///// ATDF 0.094 18,100
///// LAFC 0.0815 10,000 ///// CSTI 0.094 10,000
///// ETRF 0.08 481,300 ///// BMAK 0.0949 10,000
///// BTIG 0.079 10,000 ///// TEJS 0.0949 10,000
///// PUMA 0.0785 10,000 ///// CDEL 0.095 70,000
///// CSTI 0.078 10,000 ///// UBSS 0.099 66,760
///// RAFF 0.076 10,000 ///// CANT 0.113 5,000
///// ARCA 0.075 115,000 ///// VFIN 0.12 5,000
///// MITR 0.064 10,000 ///// PUMA 0.13 5,000
Of interest: Capital-reallocation Apple's $137 billion-plus in cash
Investors are remaining focused on a new capital reallocation plan for Apple's $137 billion-plus in cash. A plan is largely expected to be announced in April, nothing firm has emerged from Apple yet.
http://www.streetinsider.com/Technicals/Some+Traders+Lock-In+Recent+Apple+%28AAPL%29+Gains+Following+Samsung+Event/8188390.html
Not a problem Sandy4
I was reading through the board this morning and as a owner of preferred stock (not in this company) I could not see how selling preferred shares at this time for this company position could be interpreted as a bullish move.
I usually do not trade in Penny stocks but this one was given to me by a close friend who owns manufacturing company. I am holding but but not heavily as i was and dumpped prior to the i5 public announcement
I always am relaxed and As Gordon Gecko once said never get upset trading stock.
Thanks Poop-deck-pappy I appreciate your response & comments
Ya, it doesn't make sense to me to dump for common and risk losing their hedge with a very valuable IP portfolio
Yes I am invested Sandy4
And I was under the impression that this was a board where we can freely express our points of view. Is that not your understanding?
I understand you're heavily invested and you're hoping that this stock takes off, so am I. but expressing points of view both positive and negative is really a positive.
I would think-in LQMT's case with-operational funding running-out
and of course we can't see what they have in the sales pipeline as such holding preferred would be a hedge in case they can no longer fund the company. After all their IP patient holdings are worth quite a bit which once sold would go to pay off the top ticket holders..
If there-is-no-market to trade LQMT preferred is-management bailing?
by converting to common which is sellable under the ticker LQMT
Understood... not sure that sends a-bullish signal but.
it is my understanding that even though trading opportunities are available in preferred stocks (not in LQMT's case) just like they are in regular common stocks. Most invest in preferred stocks for their yield. One of the great things about preferred stocks is that, when selected at the right time, they can offer attractive high quality capital gains opportunities to go along with their generous yields... only IF THIS COMPANY WAS MAKING MONEY.
Pereferred-shares usually-grow at a-faster rate than common.
how is this conversion to 8 cent common worth more than perferred and implying a bullish signal?
What-you're-suggesting implies some level of insider info
This is an 8 cent company... also preferred shares can outpace common in value as a companies bottom begins to grow.
Perhaps the preferred holders are looking to cash out now...?
What-is-the concern w/convertible preferred have-I-missed something
Not sure what the reason is for converting to common stock when the value is currently at 0.8. Also, unless this company sells something or cuts another deal with APPL they will be out of cash this fiscal year...
1. LM does not pay any dividends.
2. Preferred shares always have a higher dollar value.
3. If the company fails preferred shared holders at settlement time can, if available, can get some cash out.
Trades-138, DollarsSpent-120,111, ShareVol-1,388,676, %Gain+1.34
Not a bad day for LQMT which broke .09 and settled back to its sideways average. Let's see what tomorrow brings.
Kodak's Operating Loss in-Commercial Imaging Segments Narrows in-2012
Eastman Kodak Company today filed its 2012 Form 10-K with the U.S. Securities and Exchange Commission, reporting an improvement in earnings for the two reporting segments comprising Commercial Imaging that it has indicated will be the strategic focus of the company in the future.
GET the picture! Very good SURFINT
25k@.835 it happens trend is still up
L2 Ask pushing upside: Ask ETRF .0920 22,000
* ARCA .0920 10,000
* ATDF .0940 18,100
* CSTI .094 10,000
* BMAK .0949 10,000
* LAFC .0950 10,000
* NITE .0950 10,000
* UBSS .099 66,760
* CDEL .1050 22,000
Big trades 49k-77k-53k-46k-40k Strong Upsise L2
Good L2 upward pressure... L2 inside can-it sustain
* ARCA .0849 10,000
* CDEL .0850 15,876
* CSTI .085 10,000
* ETRF .0860 50,000
* MERQ .089 10,000
* UBSS .090 34,800
* NITE .0900 30,000
People buy iPhones simply because its an iPhone.
Granted if Appl touted the space age material in a market blitz on an upcoming product it would help sales but it would not be the deciding factor to buy one.
For investors it is a win because finally LQMT will have revenue coming on the door.
People will buy iPhones not because the case is made of LM or the screen is OLED, but because its an iPhone...
As a market electronics restrictive product which the general public knows nothing about APPL is free not to use it maybe until the cost becomes more cost competitive (if that is the barrier to market entry) or until they decide which so far hasn't been forthcoming.