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If memory serves it peaked at 1.30 and change (double checked- you are correct 1.76). In addition to the $34milllion they have done a significant amount of R and D as part of that agreement. I'm not trying to spin anything. Contracts and production= revenue. We have none. Our revenue approximates 10% of our expenditures and the best news out of this is the changes to the board.
I still think anything significant is going to be 2-5 years off. It seems some would villify me for tempering the enthusiasm- I still own a TON of this stock and look forward to making a bunch of money on it at some point. I've believed in it since they were doing research on KEP to replace depleted uranium tank rounds. I still think our biggest contract is most likely going to be military. But when it comes to the eventual take off on this stock, I don't think it will be this week. Sorry.
p.s. I would love to be wrong. I'd be pissed, only have 50% of my potential return and still be wrong. But half is better than none.
64 million dollar business man? What about Visser? What about Apple? You seem to forget we hit 0.11 after a half a trillion dollar company invested. Without contracts and revenue, his 64 million is worth no more than the paper it was printed on.
So this stock has had 4-5 surges in the last 4 years, just like this. I've done the same thing, every time. I have increased my holdings 10-fold in that time. I only started doing this because I have owned LQMT stock for THIRTEEN YEARS. Do you know how many shares have been issued now? Do you understand what the company would have to be valued at and earning to reach $5, even with a 10:1 or 20:1 P:E?
The only way to make any real profit with this company is through volume and trading these 10 and 20% price bump days. I like my chances.
Given the track record, no large (respectable) fund will touch this with a ten foot pole. This is the usual run for this stock when there's remotely positive news. People will realize in a few days nothing really happened and it was really only more dilution and the stock will work it's way back down to 0.15. I took some profit at 0.19, some at 0.20 and will now hold on to the second half in the event of a big run, however unlikely. As it drifts down, I buy back in and increase my holdings while lowering my avg share price.
SSDD (Same stuff different day)
What is going on? What's with all the volume this am? What did I miss?
I haven't taken the time to look at dates and trades but my impression is that every time there is approx 10% movement up in the stock price it stops cold. A few days/weeks later we get a release that Visser accounted for around 1/3 of the volume on those days. The days the price isn't moving he doesn't sell because he wont be able to move significant volume without traders being drawn in by news. If we're trading at .08 with 1,000,000 shares trading a day and he suddenly drops 600,000 shares on the ask list- 1) he's not going to get them sold at that price, it will drop quickly 2) he doesnt want to undersell himself and drive the price down.
I think he is trying to dump on high volume days so he can maximize his return. Right now the difference of a penny or two is a 10-20% difference in what he recovers from his original investment. I don't believe Barney is wasting any brain cells on this but his investment team is the one employing this strategy to minimize his loss in this debacle.
So you dont think him flooding the ask column with 30% of the volume over those three days kept it from climbing? My understanding of economics and stock market behavior is high school level so I would appreciate anyones help educating me on how a 30% increase in available shares does not drive the price of a stock down.
You were saying....
OR through massive dilution and lack of revenue were are currently overvalued and that's why the stock doesn't move. OR Visser is still trying to unload millions of shares and this will continue to provide downward pressure.
I think an Apple conspiracy doesnt even make the list of possible reasons for a stock price in the pennies. Apple can't keep us from hiding revenue. If the company didnt issue a press release and suddenly had 10million in revenue there would be nothing they could do to suppress the price. Never mind the multiple holes that have been poked in the idea they are going to buy LQMT. They have the IP, scientists and funds to buy machines from Engel and perform their own research. Last if 10 million got them exclusive CE rights how much do think the remainder is worth since it is producing nothing in revenue. 2, 5, another 10million? This wouldn't even be enough for the board to sell out because there wouldnt be enough money to fund a lead parachute for each of them, let alone a golden one. They'll keep holding on like us stock holders, praying for a home run.(<--- poor investment strategy)
skers_9495_________0.21 On the old Yahoo board circa 2003.
Here's why Apple continues to renew- one of the lynch pins in the contract was to bring LQMT to market- I believe the terms were "actively develop". This protected LQMT from being bought and shelved (essentially a back door hostile take over by Apple). If Apple were to stop developing LQMT's amorphous alloys then LQMT would have the right to sue and regain all of the lost CE IP/rights while maintaining the non-CE patent portfolio developed by Apple. As long as Apple renews every year (this allows them to argue they are continuing joint R&D with the goal of bringing it to market) LQMT can't legally do anything. It's a simple signature and it maintains their CE rights while keeping LQMT out of the hands of all competitors. That's why. If you have data on how much Apple is pouring into amorphous alloy specific R&D, I would love to see those numbers or a link.
I don't have stats to back this up but my impression from watching the stock for 15 years is that it tends to spike when the Dow is unstable. Overall, my impression is that penny stocks seem to see more movement and volume when more traditional stocks falter.
There has never been any evidence LQMTs mvmt was tied to APPLs price. I do agree it often moves whenever APPL makes announcements as speculation they are using LQMT runs rampant.
13years and counting (fingers crossed)
Wow. No.
APPL could manufacture a military spaceship out of solid LQMT and call it CE and there is nothing we could do about it. Sue them? With what? Monopoly money? No chance. Let's say a judge limits them to only spending 1 billion on their defense- they buy Visser's IP (identical to ours up until the settlement so there is probably 98% concordance) and the case is over.
We have given our IP out like a 2 dollar whore and our IP will have nothing to do with our success at this point in time. Any royalties we generated could easily be undercut by Visser until our IP expands dramatically or APPL develops some business changing technology now that we have parted ways with Visser. Our IP will have nothing to do with our success and has everything do with our struggles. Why else would we suddenly be advertising ourselves as "Manufacturers" when just a few short years ago we were- and I paraphrase- 'Getting away from manufacturing to focus on our amazing IP portfolio.' Because everyone at LQMT knows our IP is worth diddlysquat right now and our best chance to survive is to become a niche manufacturing company.
The Great Carnak says....no significant increase in revenue, lots of talk about the NEW manufacturing contract for a bunch of pocket knives, intact and inexplicably hefty Board pay, plan for further dilution and multiple contracts pending with dozens of prototypes in the works or shipped.
Now go do something with your afternoon tomorrow, nothing to see here.
iphone 7 rumors. SSDD
http://www.tapscape.com/iphone-7-rumor-roundup/
I posited this idea a week or two ago. There is no good public explanation for why Apple suddenly wants to get into the car market. I suspect they've been able to improve on existing technology- perhaps some of the hydrogen fuel cell tech they were working on which contained LQMT- or even simply developed a better battery. Most big advances are accidents so my guess is they developed a battery they couldn't scale down enough for CE but would serve a larger application (cars) well enough they could corner the market.
New Apple venture into electric cars.
I've not been reading the board for a few months so I apologize if this is not an original thought.
I was trying to wrap my head around why Apple decided to get into electric cars now. They have always seemed to have a plan before they do something and never get into (or create) a market they aren't certain they will dominate with few significant failures (Apple TV probably being the largest). So why now have they all of a sudden declared they are getting into the business of electric cars?
What if they finally developed a useful hydrogen fuel cell, using LQMT/amorphous glass on the collector plate, from the patent they submitted 4 years ago? What if rather than filling a car with LiIon batteries, the "tank" was filled with water to produce the hydrogen with by-products of heat and water? Musk has said it's a waste of time and thought, but now Apple is poaching Tesla employees with $250,000 signing bonuses and 60% pay raises.
Just a thought. Apple was also granted a new patent in this area 3 days ago and everyone is still assuming this is for idevices.
http://www.patentlyapple.com/patently-apple/2015/03/apple-granted-their-first-fuel-cell-patent.html
Although they may just be doing the same thing as Musk and just plan to make a more hipster specific electric car.
http://www.patentlyapple.com/patently-apple/2015/02/apple-sued-by-advanced-lithium-battery-maker-on-several-counts-including-employee-raiding-misappropriation-of-trade-secrets.html
In one of the articles Musk comments that Hydrogen fuel cell technology is for energy storage, not production due to efficiency. Maybe Apple is thinking ahead to distribution and they'll use the hydrogen fuel cell technology to power the charging stations for their cars?
Not that any of this will help LQMT much but Materion would make a killing.
So you clearly don't understand the contract. Even if Samsung bought the company it would have no impact on APPL- zero. They have perpetual rights through Crucible. LQMT doesnt even own the patents anymore- they are legally the property of Crucible and we have a zero fee perpetual license for non CE applications.
Even if Samsung bought the company it would have no impact on APPL- zero. They have perpetual fee free rights through Crucible. LQMT doesnt even own the patents anymore- they are legally the property of Crucible and we have a zero fee perpetual license for non CE applications.
Even if Samsung bought the company it would have no impact on APPL- zero. They have perpetual rights through Crucible. LQMT doesnt even own the patents anymore- they are legally the property of Crucible and we have a zero fee perpetual license for non CE applications.
Even if Samsung bought the company it would have no impact on APPL- zero. They have perpetual rights through Crucible. LQMT doesnt even own the patents anymore- they are legally the property of Crucible and we have a zero fee perpetual license for non CE applications.
Sorry- broken record.
Apple had been looking at LQMT for use powercells- perhaps they accomplished their goal and are going to produce an electric car that uses LQMT in the batteries- this seems the most plausible to me. The idea of a LQMT frame as posited in the article is plain absurd and lazy journalism. LQMT could be used for various high strain/wear components as well but the cost will be prohibitive.
Look what happened to GTAT- and they had a functional product, production contract and production facility- we have 0 of those things.
We used to have regular revenue from our coatings division. In addition we've produced products in the past and continue to- golf clubs, watches, sim ejector tools, etc etc etc.
Liquidmetal is commercial. Just not a success yet.
Gorgol- I think you'll be fine in 6-9 months once we or a partner are manufacturing. Between the dilution and recent agreement that can mobilize 30 million in cash LQMT can drag on another decade at its current spending. Hopefully if someone was willing to put 30 million in to LQMT, that bodes well for those of us with a fraction of a percent of that amount invested in this stock. I can't imagine some slick words from management were able to close that deal and there must be real profit looming in 2-3 years at the longest.
Wow....I mean wow.....I was sitting waiting for the dump after to put some old earnings in- never thought I would lower my avg PPS- thought the slide would stop around .22 since we'd floated at .24 for so long. Great example of how many penny pumpers have been sucked into this stock.
Except we sold all of our interests in Lithium brines last month for cash and some shares in a private company.
There is zero chance that simple case is a lqmt part. That can be stamped out of steel or aluminum for pennies. It is not a complex 100g/100$ part.
Looking at the Engel machine part- which is the part? Everyone is assuming it's the rectangular part- I would argue it is more likely the circular part. It would be the more expensive of the two to create from a manufacturing perspective and if there is additional facets to the inside of the cylindrical shape then all the more likely. Perhaps the rectangular shape is involved in processing, mold injection/ejection and gets recycled? Maybe they are a single complex part? or two parts attached by a sprue?
This is ignoring the fact that the Engel part has a completely different finish than the Apple part.
Dont confine your speculation to the thoughts of others. Go crazy.
It makes the timing of the Gateway conference more interesting. Maybe they will actually have something new and exciting to announce. Perhaps a contract was getting it's finishing touches at the time of the last CC- they'll use the opening of the center for excellence and gateway conference to actually announce some business.
From the article
"Liquidmetal reached a “significant milestone in our move to commercialize” the technology, said CEO Tom Steipp. The company settled a legal dispute over rights to the technology, and is preparing for the opening of a “manufacturing center of excellence” in October, said Steipp."
I think he meant to say "gave it's shirt to Barney Visser to settle a legal dispute over rights to the technology. Of note, LQMT gives their IP away like milk money to a bully."
What did you think they were going to do with the additional shares they issued? It's what companies do with stock- they sell it to generate capital. How is this news?
Except it's only news for those that haven't done any DD. This was another non-event IMO.
8/2013
http://techcrunch.com/2014/07/21/apple-iphone-6-could-offer-a-light-up-logo-according-to-the-latest-rear-case-leaks/
http://gadgets.ndtv.com/mobiles/news/iphone-6-rear-apple-logo-might-not-light-up-for-notifications-report-574927
http://www.cultofmac.com/290593/iphone-6-may-feature-light-apple-logo/
http://www.techtimes.com/articles/11325/20140728/iphone-6-rumor-apple-logo-will-glow-alert-notifications.htm
http://www.valuewalk.com/2014/08/apple-iwatch-september-along-iphone-6/
This is more LQMT optimism. Most of the APPL sites seem to believe the logo will light up as a call or text indicator. A LQMT logo would not light up unless it were embedded in a ring of transparent material. Never mind the absurd number of parts that would have already have to be made for this to be a LQMT part- I'm guessing we would know something if Engel shipped 100 machines or Materion sent all their ingots to APPL and Steipp wouldn't have sold 500,000 shares a month before the APPL reveal- taxes be damned. The idea of a LQMT logo is not consistent with the most common leaked info out there.
Let's keep it civil and understand that this is a forum of mostly amateur opinions. I am not here to give advice or argue. The best way to get rid of trolls is by using the ignore feature. And if you don't like what I say feel free to ignore me. Thanx.
Due Diligence
I'm aware.
Not a LQMT bullet. They were using LQMT as the ballistic point of the Navy's experimental rail gun. As of 2012 or so they were testing 3-4 different types, metals, etc. for the rail gun the article discusses. Sorry- I should have been more specific and not assumed everyone was aware.
Railgun article
http://www.fool.com/investing/general/2014/07/19/the-us-navy-has-a-mach-7-cannon-and-raytheon-is-he.aspx
Comments on next stage developing ammunition- LQMT is unmentioned.
Could Raytheon or Bae just buy VPC and use his rights to LQMT's IP to develop this ammunition?
Don't forget that value was divided in two when we completed arbitration with Visser and they were awarded/recieved perpetual rights to use all current IP.
Hopefully, LQMT will realize the same thing.
I'm not an engineer but my understanding is that LQMT is not very elastic at all. It's actually quite brittle but when it does undergo deformation since it has a non-crystalline structure it is less likely to wear or produce microfractures that result in metal fatigue and breakage. So while it may flex or bend, I dont think it is in the realm of being flexible or elastic enough to go around a wrist. I think what APPL is most likely looking at is a small sapphire/LQMT enclosure that will be waterproof/resistant (depending on the certification they pursue) with a plastic wrist band. Something similar to the Garmin vivofit but with significantly more function than being a pedometer Amazon link to vivofit
- I expect phone and fitness functionality for a price point in the 250-350 range with marketing focusing on the scratch resistance and durability of the two component materials.