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They need to be out by the weekend, they don't like to sit on stocks.
So I decided to close my phone for the morning and see how bad it would get.
Momentum sharks
I've seen this and tbem before
Last night and this morning, a certain cabal showed up.
I knew what was coming.
coincidentally, a notorious trader showed up on our discussion panel.
I pointed that out.
10 trading days ago, an entity bid for 777k shares at .07.
Big difference. That run took 18 months. We only have 60+ days til the next statement.
The bonus of today is we now show a 10+ million share day.
and that the bulls would win the day.
My prediction was the bears would rule the morning.
To clarify, bears are traders who aren't interested in the long term of the stock.
They like to pillage and plunder momentum plays.
We now qualify as a momentum play. Thats the good news.
Thats why I warned the longs this morning. I hope nobody got robbed.
Where do you want to end the day? 2 choices.
We take it down to .11 and fry the penny players. Let them stew all weekend about how they might lose their shirts on Monday.
Or it goes back up in the last hour with a huge surge of volume.
I'm all for frying the players.
Hahahahahahaha. Burn baby burn.
They are irrelevant.
This ship has left harbour, there is no going back.
Today...the burners get burnt.
Young bull\old bear, who's gonna win?
Lol.
Bear liver for supper.
A piece of advice to longs, remove your stop loss orders, just in case things get ugly.
I believe, and I'm an observer, that we have attracted a higher order of MM. Next step up the ladder.
I believe it is north american centric though.
The Asian angle might have a small fire burning, but what (I believe) I have witnessed...is paying attention to the market all day long and has a target of .39 in 3 weeks and .70 before the quarterly.
To any low-rung penny MM, its time to tread carefully.
Yesterday, we had a bull MM trigger massive buying at 7 minutes before close.
Thats who our new caretakers are.
Sir, you just explained, to me, that you fail to understand the fundamental nature of 'the markets'.
Without MM's, stocks fail.
The difference between a market maker for a blue chip stock and a penny stock, is best hi-lited by saying that JP Morgan is an MM for blue chips and Jason Bond WAS an MM for LQMT.
We will always have MM's.
Its the quality and caliber that is changing.
Big boys crush everyone who passes them off.
The only nonsense these days, would come from short sighted people who fail to understand that this day ONE of the rest of LQMT' life.
From people who are so stuck in the past, that they are missing the relevance of what has transpired.
This stock is now a blue chip with a micro price.
That's the story brother. 10 years...each dollar of today, will be worth 10k.
No shot calla's, just big balla's. New Golden rule for LQMT.
Bad news brother. This company has stepped into the land of real charts. Voodoo only works on penny stocks when there are enough day traders playing the same game.
Fibby is voodoo, charts are science.
This is not a penny player game anymore.
If you try to play voodoo, you will get burned.
You don't short penny stocks with option contracts unless your an absolute fool with very deep pockets.
Shorting a penny stock is more of a bull/bear issue.
Shorts are sellers. They drive the price down. Facts are irrelevant, the only thing that matters is having enough money or shares to move the price.
A short/bear sold 250k at EOD yesterday. They did that when a bull was acquiring 1 million shares.
Bears vs bulls.
Today will be more of the same.
The bulls now outnumber the bears...by a significant margin.
20 years ago a company introduced a space age metal. They did an IPO.
They didn't raise enough money to build the multi-billion dollar manufacturing complex, they only raised just enough to keep selling a dream.
They kept looking for a whale to place an order so that they could build the manufacturing around the whale.
Three years ago Lugee Li bought in.
Then he set about building a manufacturing complex(web).
He built the cart and found horses all at the same time.
Lugee isn't a promoter. He was silent as he fulfilled his promises.
We all watched as he built manufacturing. They just announced that we started shipping volume orders in July.
This is now a real company. With real revenue. The question is, who are we shipping volume orders to, and what is the revenue?
The true answer is, it doesn't matter, this is now a major manufacturing company with nothing but better days ahead.
Today is going to be an MM game day. Bears are going to hit hard in the morning, bulls will close the day strong.
If youre buying today, don't wait too late in the day.
This is 20 years in the making.
Absolutely. Everyone will dream of being Liquidmetal. There is nothing on the planet that comes close to the chain of capacity that LQMT has through Eontec. We make a piece of everything sold in the non-asian markets. Whether we make it or just collect a royalty.
It will take a competitor 3 years to be at our current level of capacity.
In 3 years, this company will own the market.
You'll get your low for the day at about 2 hours before close of trading. Jump on it, if we surge again then we could close at .18+ today.
Another good day tomorrow and we will gap up on Monday.
I do understand what you are saying. The only reluctance I feel is over the state of affairs in the USA.
Having said that, Trump is proceeding as if it's a normal election cycle and there are large job announcements coming in a few weeks.
We live in strange times... stormy times even. Lighting might just strike.
As for the chaos...preserve capital where possible, but ride this puppy til the Financials come out.
I am predicting that they will release the quarterly early this year, so its not lost in the election.
Lol. You're back in form. No loose words around you. And no, we're a royalty company. We outsource production. We are now producing. In volume. Guitar pieces aren't volume.
Nope. The business is now a real production company.
https://liquidmetal.gcs-web.com/news-releases/news-release-details/liquidmetal-technologies-reports-second-quarter-2020-results
No. Factory lights got turned on. Read: https://liquidmetal.gcs-web.com/news-releases/news-release-details/liquidmetal-technologies-reports-second-quarter-2020-results
Still waiting?
This is an audience that has grown for 20 years. Everyone recognizing the value and potential...but also that it wasn't ready.
This is on a lot of people's radar.
hmmmm...bon voyage everyone.
I ignore those rumblings. The source is up, down and all around, depending on the weather.
We in the land of, "Thar be dragons". Ain't no shot callers today...just big ballers.
Welcome to the unknown.