is…out the door and not looking back…
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
O K A Y...I stand corrected as well.
Li won't come through with the 55 mil even though some kind of "unknown obstacle" forced him to delay the payment.
Our stock price will continue to fall (what happened to that .135 call on Friday? Oh well - soon enough) by half to 2/3 when the payment never comes through.
Li and Stiepp will cut shareholders out of everything and we will all lose money, have cars and boats repossessed, and be living out of cardboard boxes while our children won't even want to visit us in said cardboard boxes.
Yep, life is just like one depressing, Horror movie.
Good grief, start lining up on the Golden Gate and we can all hold hands and jump tomorrow. Holy smokes.
Agreed. Actually believing that 2017, the 10 year Anniversary of the iPhone, will be the BMG year and the year shareholders finally make some money off this thing - even the long suffering whiners deserve a return on their LQMT investment (aka pain and suffering).
Too many things pointing in that direction now - even the Samsung debacle plays into Apple's hands and if they do it right, which I'm sure Apple will, they will turn legions of Samsung users into iPhone users in 2017.
My point is Stiepp sold Lugee and Lugee bought in because of it. Like Stiepp or not, there are no two ways about it and if he didn't like, or trust, Stiepp, this deal doesn't get started.
Think about it even just from meeting someone for the first time - if you don't kike them, you don't give them a second hello, let alone go into business with them. This is not a Stiepp pump, just stating facts.
If you're proposing that the LQMT/Lugee deal is contingent on the election (and not a fan of either candidate), but if you're a Trump follower, you know his disdain for the Chinese and how he's lost real estate deals to Chinese investment, along with his comments how the Chinese have stolen U.S. jobs that we willingly sold off to China during the Clinton admin and all the way through now, then I wouldn't bank on U.S. monetary policy opening up to 55 mill from China IF that is the criteria for the 55 mill coming in and LQMT ends up manufacturing through Lugee in China.
You're right, you convinced me, I stand corrected - smarter to despise a stock like LQMT, call lows, sit on it and lose 150K than to sell and walk away with losses, but 150K in one's account for whatever greener pastures that shareholder sees. Plus, no more "worries," no more bitching - then go on and pick a great stock or mutual fund and just put it there and never have to think about the constant expected deterioration in stock price that is relentlessly called. That's hardly a mindset for optimism in a stock and the only rational thing to do is dump it and walk away and don't look back. Objectively, even a "contrarian" will either dump or short if they think it's going lower. They certainly won't call it lower, but sit Long on it.
Contrarians ("counterintuitive" mindset) either buy when others are selling or short when others are buying. Unfortunately, that is not the case with what is espoused here; saying a stock is dead money, but holding on while calling lows is hardly a strategy for increasing wealth. It's not "contrarian," but I agree with you, you're right. No arguments here. GL.
Fwiw-
http://www.crugroup.com/about-cru/cruinsight/Chinese_aluminium_ingot_inventory
I found this crappy company comparison to put in perspective their "analysis" of LQMT. Honestly, I really expected a "strong buy" for LQMT considering they have no revenues and are waiting on money to come in:
http://www.superstockscreener.com/company/GE
How about their analysis of this crappy company, as it relates to the "Strong Sell" on LQMT? Well, this one did a little better, but not much-
http://www.superstockscreener.com/company/MMM
Or how about this crappy company - BARELY a tick above of their recommendation on LQMT-
http://www.superstockscreener.com/company/FB
Possible.
Not my intention...just sayin'
Somehow, though, I don't think the attendance at it broke any records this year...
Maybe next year Lugee will show up at it and we can all run up to him like he's a rock star...or maybe not...
http://www.otcmarkets.com/stock/LQMT/news?id=131449
On March 10, 2016, Liquidmetal Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement with Liquidmetal Technology Limited, a Hong Kong company (the “Investor”), providing for the purchase of up to 405,000,000 shares of the Company’s common stock for an aggregate purchase price of $63.4 million. Investor is a newly formed company owned by Mr. Yeung Tak Lugee Li (“Mr. Li”). On March 10, 2016, Investor purchased 105,000,000 shares for an aggregate purchase price of $8.4 million. The purchase of the remaining 300,000,000 shares for $55 million is anticipated by August 17, 2016.
Also on March 10, 2016, the Company and DongGuan Eontec Co., Ltd. (“Eontec”) entered into a parallel License Agreement to cross-license their respective technologies. Eontec is a publicly held Hong Kong corporation listed on the Shenzhen Exchange, of which Mr. Li is the Chairman and majority stockholder. Eontec is engaged in the business of precision die-casting but has aggressively extended its research and development activities to include the manufacture of bulk metallic glass in recent years.
“We are very excited about the potential synergies between LQMT and EONTEC as we seek to develop and grow the market for Liquidmetal on a global basis. I look forward to providing an additional update to shareholders, beyond the call we had on March 16, 2016, on the progress of this transaction during our shareholder meeting on May 19th,” said Thomas Steipp, President and CEO at LQMT.
http://ir.liquidmetal.com/mobile.view?c=130649&v=202&d=3&id=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTEwODU5NTAzJkRTRVE9MSZTRVE9MiZTUURFU0M9U0VDVElPTl9QQUdFJmV4cD0mc3Vic2lkPTU3
30452 Esperanza
Rancho Santa Margarita, California 92688
NOTICE OF 2016 ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON MAY 19, 2016
To the Stockholders of Liquidmetal Technologies, Inc.:
You are cordially invited to attend the annual meeting of stockholders of Liquidmetal Technologies, Inc. (the “Company”), which will be held at the Company’s corporate headquarters, located at 30452 Esperanza, Rancho Santa Margarita, California 92688, on May 19, 2016, at 9:00 A.M. local time, for the following purposes:
I think, not sure, that "Annual" Shareholder Meetings are usually held just once per year, but maybe they'll have two this year and double the fun...
Lugee's 55 mill for LQMT stock, licensing and 2 board members in a penny stock LQMT versus the richest man in China buying up more US companies, like Dick Clark Production for another cool billion? Haha, yes, I see the similarities. Haha, I mean, WHO doesn't???
Back to reality - Lugee's LQMT deal pails in comparison and if you knew the non-LQMT players involved - and Lugee has his own very highly connected skilled guys at play, this deal will get done. It's going to require a lot of shifty-shafty, but it will get done. It might be after the election, but it will close.
Negative.
Affirmative.
Agreed. But look those nets came in to save the day - or something like that.
If that was read on LQMT's website, as opposed to Eon's, that would give information everyone has read about, more credibility?
I'm indifferent on Stiepp and only because what is going on with this Company, no one will see, or cite, anywhere else, but if that's the analysis - more "credibility" because it's on Eon's website, then he's damned if he does, damned if he doesn't. Under the proper analysis, doesn't it not mean a thing until it actually happens and value is created?
Words mean nothing until value is created. In fact, my understanding is that's Stiepp has actually contradicted some "pumpy" proclamations. They haven't pumped in print (aka "in the midst") in a long while, as much as they haven't pumped with spoken words either to the point many, I think, are wondering, "What the heck is going on???" So, now that Eon makes some "bold" pronouncements, it's, "Why didn't Stiepp tell LQMT shareholders?" If LQMT did that on their website, it would then be "Yeah??? Well, where the hell are the revenues?!?!?!"
It's like a dog chasing its tail...
So true - a bogus paint job.
Kind of like noting Eon's drop, but not noting their similarly situated competitors dropped even further and/or those "up" Eon days. Those are ridiculous too...