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.
Sure, remember much of this .... and still remain astonished/confused/bewildered/ disappointed that it has all resulted in absolutely NOTHING.
I would probably trade 10% of my LQMT holdings to find out 1) How these people have managed to fail in commericalizing this "transformative material" and 2) Why they are allowing the company to rot on the vine ....
Well I think one of the many magic questions that will affect our collective LQMT futures is "at what point will the FOMO related stock holders capitulate and drive down the share price to $.01c" ?.
I know that not selling now at that point will look like one of those terrible errors we all have experienced and committed over the prior 10-15 years.
I suspect that holding your breath waiting for that to happen would be a hazardous undertaking. Nonetheless I know we all wish that they would do something, anything .....
As usual your take makes more sense than all the others .... I am probably stating the obvious but the trading volume is highly likely due only to those who are working the wash, rinse, repeat process, and, who have the patience to work what they can out of this dying company. Got bless them all.
I suppose that somewhere down the road there could be a contract that would turn things around but predicting such an event is the equivalent to winning the lottery. We are all winding down agewise and the necessity and desire of "hitting it big" is becoming sorta non relevant. Hell, what would a few thousad dollars more do for an old man like me ?
I hope that your devoted work reporting the known facts about LQMT can be made into some educational reading at some point down the road. You deserve some reward for follwing the crusade for so long.
What is with the learning curve here, anyway?
_______________________________________________________
Good Question ... for the answer please complete the following equation:
Greed + Anticipation +Hope + Hype / Reality + Shareholder Cash + Silent Management = ?
? + Company Cash / Employee Overhead Cost = ?
Learning Curve = ? + ? .
In other words the learning curve = It all depends.
Good call, I answered a couple of them before the light beamed upon me ...
You are the only one who almost got there eons ago. I envy you and want to join you there in that content place but are still captured by FOMO who will not release me into the world of reality.
A major move up or down is my only salvation to this servitude.
At times don't you have to wonder how these guys can collect their salaries and benefits while having so many people feeling as they do ?
They are either the most fearful, arrogant or stupid of people ...
And yes, I'm just as guilty as they are by playing this lottery for so long ... matter of fact, guilty and stupid.
I'm really dumb, i suppose we are almost there ... I am now enlightened and shall no longer respond.
For what is worth, I veiw low trading volumes of LQMT as a faint sign of HOPE, but, I do not ,and, I advise others not see it as a indicator of success.
The "WHAT IF" dreams of a few can be interpreted in a number of ways .. ( I heard the phrase used often in the 1970 movie Ancient Aliens)), however, use of the term as an introduction to any sentence involving LQMT is nothing more than a misdirection technique.
Fair enough ... I have repeated a gem of wisdom on occasion which indicated that "if one expects nothing he/she will never be disappointed."
Indeed, the expectation many invested in LQMT seems at this point to have been much to high. Ergo, the disappontment that has been hightened by the lack of performance by all those who have apparently attempted to make a go of the company. Due to their consistent lack of communication we will never know how serious or focused those attempts have been over the years.
I hesitate to diagree but it is the lack of communicated or realized fundamenals that make LQMT a lottery ticket ... it has long ceased being an investment to those who are business oriented.
Sure there is a reason ... it rests in the same emotion that prompts millions up on millions to play the Lottery every day.
This one exerpt from your weekly report says it all I'm afraid ...
"Have they fixed it? NO!!! "
Not only have they not fixed their (our) problem(s) ... there is no evidence that they ever tried.
FOMO indeed is the only thing left to this sad tale.
Many here do strongly relate to your comments and conclusion(s). In likewise fashion, we share your HOPE that Li will help himself and us in turn .... the TC empowerment thing is but one more level of mystery that surrounds this company.
None of our wasted money is worth the price of admission to this (lack of) drama one way or the other, but, like it or not, we are engaged in either a slow death or a spectular reward for our patience. Some of us are running out of time and deserve an explanation about what the hell has been going on ... wheather or not that will ever occur is up for debate.
At the very least participation in the narritive via this message board kinda keeps you a bit sane while the wheel spins and spins, or not.
I know I often must come off as a smart ass to many, but I have some real world knowledge on the subject and am most confident in objectively commenting on Liquidmetal golf clubs.
Be assured that the chances of LQMT breaking into the golf club market are as far fetched as the share price going to $100 a share during 2023. If the material could outperform anything else out there we would have know about it a long time ago.
I haven't the foggiest notion of why there was a contract signed and/or who they think will buy the product, but, if there has been some kind of breakthough, Titleist, Callaway, Taylor Made, Ping and a host of others whould have bought up the intellectual knowledge in a heartbeat. This has been nothing more than a "misdirective" by our administraive obfuscationists a la Li.
I hope you are wong too ... but your take on the odd issue of naming is as good or better than most guesses.
Problem is that we are always guessing while chasing that golden ring.
Happy New Year to our most respected and consistent reporter on the most mystical of all "investments". While I have reduced my LQMT holdings and loath the failures during the past 13 years I continue to battle with FOMO, wondering daily when the "blood will run in the streets" signalling capitulation and a dramatic "corner turn".
Regardless of Li's policy of silence I think the LQMT community has done a hell of a job searching for and identifying reasons for FAILURE and motivations for HOPE. The tension between these two facts/emotions are akin to watching a 13 year serial on NETFLIX that keeps a watcher tuning in over and over again awaitig the conclusion, and, an explanation of what events have happened, when they happened, and, why things continures to happen, or not.
You and others have chronicaled all such events and reached severial positive and negative reviews on each ... sometimes watching a jaw dropping unexplained action and reaching opposite conclusions.
To wit:
1) Apples buy in during 2010
2) "Partnerships" with multiple serious companies
3) The "low hanging fruit' strategy
4) The effort to enlist "MSR's"
5) The $64M infusion
6) The purchase of a facility that was not electronically outfitted properly
7) The shut down of a building that was promised to enhance manufacturing tasks on the horizon.
8) Production facilites in China that provided new hope for mass production capacities that would soon surface.
9) Low trading volumes signalling a reluctance to sell by people who are or should be "in the know".
10 - 20) etc, etc, etc.
It's clear to me that all the actions of the past are reasons to have HOPE while at the same time viewing tham as abject FAILURE. Perhaps selling by Gargol and TC was the smart thing yo do or maybe they were premature. The odd, intoxicating and addictive nature of the puzzle remains unsolved. I'll leave it up to smarter people than I to determine if this condition is fair.
FACTS are something we know and HOPES are fantasies that we wish would become facts. Sinking our hard earned cash into something deserves better,
Didn't know there was an alternative
You haven't been wrong yet so I'll take it that there is a long ways to go ..... I'm disgusted by the thought of capitulating, even while knowing full well that if I sell now at least I'll get some of my "investment" back.
I suppose I have endured worse scams but this one makes me feel even more stupid than usual.
Happy Holidays to you and yours !
Patience my ass.
Well that means I have been sitting for 4 X the amount that Li asked ..... HEMMORHOIDS seems to be an understatement by that definition. I think that what galls me most is the absence of a verified explanation of the 7-9 years of behavior.
I know that it is assumed by most that he just took the technology and ran figuring that $64 M was a small price to pay. However the actions that have followed are not consistent with that theory,
Patience my ass. Happy Holidays to you and yours.
Li(e) has been publically involved with LQMT for at least 7 years ... he initially asked shareholders for patience ....
Does anyone have an idea of his definition of "patience" ? Is it like "until hell freezes over" ?
Well that is a theory .... I guess he would then make up for some of his losses .......
can't say I understand all of the information you provide BUT I will say out loud that you are the most accurate of LQMT prognosticators around.
You boldly predicted that LQMT will never reach more than $.60 a share and you have been correct for a very long time ... while I hope your long ago prediction will not last until she goes belly up I tip my hat to you !
I hate to make downward predictions because I'm usually correct ... However, if there is an interim low over the next six months it will bottom at $.0467 for a period of time. If nothing positive intercedes we will hit the 3's where continued existance will start to be questioned.
I think it is clear that the share price is dictated by a relatively few shareholders who do make money by buying dips and selling at small pops. However, given the number of shares out there, and, the low volume trades that have occured over time a lot of entities are (and have been) sitting tight. The big question is why ???
Personally, I wish Li would just sell the thing to a young go getter ....
Looks to me that we are about to enter the land of the $.05's .... I guess if you are upside down like we are it is looking up !
One of the multiple LQMT mysteries ...... gotta wonder if we will ever find out what these people have been doing the past 10 years.
Well, in a normal situation a shareholder might wish luck to a CEO who is trying to make his/her business successful.
In this case however I am inclined to agree with you as if TC has any more luck coming to him he will continue to enrich himself by doing nothing for the stockholder.
Either way, this thing has become such a mess that there seems little hope that we shareholders will ever profit, much less know why the hell the company has been left to rot on the vine.
Patience, my ass !
Sounds about right
Of course, how else can any rational thinking person explain the absence of any sales over such an extended period of time with such a wonderous material ?
Incompetence ? Maybe .....
A hypted up product from the beginning ? Perhaps .....
A transformative material that is just too expensive to use ? Possible .......
An entity that has all of the above mentioned characteristics and is still in business ? Very unlikely.
Someone and/or some group of someones have made money from this idiocy. How ? It surly is not based on contracts, revenue and profit derived from business done in the western hemisphere that is for sure.
No, but it is looking pretty dark right now .... new trading range from .06 to .065. It is always stressful with the end of the year sellers ...... As you have noted continuously there has been no fundametal change and small percentages of stocks sold can bring the needle down. Nonetheless with the indexes moving down I'd like to sell a hundred thousand or so free up some cash to buy some quality names now on sale. Just can't afford to take the hit when I know I can claw some back after the first of the year.
Lotsa selling today
Is there blood in the streets and have the greedy become fearful as of yet I wonder ?
Apple’s operating decisions have had zero long term impact on LQMT for the past decade.
___________________________________________________________
Another fact that we would all like to ignore but that has resulted in a share price under 7 cents. There is no reason whatsoever to conclude that LQMT may somehow benefit from this most recent planned event.
We are a desperate lot longing for a positive word from the company, much less some inkling that it is truly in business. Not since "Paul's Promise" and the effort exerted to recruit and train "MSR's" have we seen any effort made from LQMT's "employees" to make something happen.
What are they waiting for ? Only Li, TC and a few others (who seemingly do nothing but sit and wait) knows for sure. And, it is quite possible that they are as blind as we .... I'm no expert by any means but the leadership of the company must have some fiduciary responsibily to communicate beyond the quarterly and annual BS publications. Then again, what can we expect them to communicate when they do nothing to begin with .... I suppose Li has every right to say "if you do not like having your money sit here while we make no effort to keep you posted take it somewhere else".
I guess that is where it all begins and ends huh ?
Yes, and we are now more than 8 months removed from the Christmas message of 2021. Now that he has sucked every Qz. out of this cadavor why dosen't he just sell it and move on ???
Yep, 5 star summation .... and FACT : it has been so for a long, long time.
Good post .. unfortunately it could have been written 10,8,6,4, or 2 years ago and would have been just as accurate.
Sorry to disagree ... according to TC (at the time) 2017 was the year they were going to become profitable with multipe increases from there on out ...
I suspect he too felt that Li's intervention was going to be very positive for the company. Well, we all know how that has worked out over the intervening 5 years. Come to think about it looks like Li implemented a 5 year plan to reduce the share price by 66%.
Patience my ass.
You expressed that much better than I .... There does indeed remain a mystery surrounding this saga and it pisses me off that I'll undoubtedly not live long enough to see it solved.
Maybe $64M is chump change to Li and he simply bought the intellectual property. made more than his investment and put TC in change to glide it all into nothingness.
Great point !
I certainly agree but hang on due to one question ... WHY ?
In the sprit of blind optimism we can take hope in the banning of certain Huawai products in the USA. If that trend continues to blossom perhaps LQMT may be used as a sales vehicle for CCP made products.