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Resistance at 28 cents doesn't seem to be putting up a whole lot of resistance this morning. Hope it holds.
I believe the quote was 'by the end of May' not 'at the end of May'. Details aside, there Fund still has money left in it. Maybe we will get some.
The sudden drop in volume makes me feel like we entered the eye of a hurricane. Is it storm over for a long hot summer or are we going to meet the eye-wall on the other side of May if Apple makes some investment announcement?
I love the word 'customers'.
'Foxconn is going to invest 7 billion in US'. Doesn't sound like a fraction of a billion from Apple will be that impactful.
100 million dumped on LQMT makes Apple look like Santa Clause, but even the entire billion spent on Foxconn makes Apple a minor partner.
If this is all about optics as much as investing, then Apple investing in small companies makes more sense.
Just my initial thoughts...
I think it is worth pointing out that Apple did not say they are investing a billion in one company. It is a fund and they have had conversations with the first company (as in there will be more than one).
It is exciting enough to think we may be a recipient of some of that investment, but let's not overhype our already hyped up dreams.
I just checked out the message board at Mac Rumors to see if there are any other thoughts on who the companies may be. I saw two votes for LQMT and one vote against. Also one person thought Foxconn. The rest of the 124 postings was noise.
Agree with all you said.
What LQMT doesn't pay in cash dividends it makes up for in pure unicorn sprinkled entertainment.
No clue, just the regular account as far as I know???
Well Merrill Lynch has officially put me on notice! Got a letter saying they won't let me purchase any more penny stock (sub $1). So it looks like my boat is full until dollar. Here I thought my money was to do with as I please.
Thanks for the link. I enjoyed reading it. Not sure I've digested it all yet, but I did notice most of the examples differ from our current situation as they were trying to call the bottom of an oversold trend. We're not oversold by any measure. Question is can we make the next leg up, or is it down. My magic 8-ball still says that the future is hazy. Let's watch those candlesticks for what they may foretell. Just to be clear, I'm still very much long-term bullish- otherwise I would not be here.
I agree that the current plateau is a solid base of accumulation. I also think your timeline may be correct, if only for the fact that this level of consistency can't be maintained. My humble prediction, silence- no PR, no news, no spike in unexplained buying etc- will lead to downward pressure next week. However, any little positive news can spark a breakout upwards.
I'm not a chart guru by any means. Indeed, I'm skeptical of how much past performance can say of future performance, specially for a penny stock with so much riding on every new event. Nonetheless, I recognize the self-fulfilling prophecy aspects of charting as well as the basics of all the descriptive statistics to highlight moments of irrational exuberance, panic and transition.
As you said, TWT.
The chart does look interesting. Very little variance in the price over the last week+ and decent volume over that time. Just looking back over LQMT history it is hard to find such price stability. Something is going to give one way or another.
Even though I've got a heck of a lot less in the fire I'm losing my patience, especially after that fiasco on Friday.
It takes time and patience. I'm a scientist in the biomedical field. I've set up labs from empty shelves, and it always takes forever. You don't just buy a building and machines and expect to move in in a week and be productive.
Regarding Friday, what fiasco? Strange indeed, but I like volume and a stable price, at least for a little while.
I can't explain why it happened, but I don't think it was a bad thing.
Agreed, NASDAQ or bust
Nice. Is this a new thing that Morningstar reports on our company? I haven't seen any such analyses before.
Nice to see more chatter on the interwebs regarding our baby.
http://bit.ly/2pVzwBb
Not sure if this was posted, too many posts to read....
EPS for Bancorp (TBBK) Expected At $0.07, LIQUIDMETAL TECH (LQMT) Sellers Increased By 4.23% Their Shorts
April 20, 2017 - By Ruchi Gupta
LIQUIDMETAL TECH INCORPORATED (OTCMKTS:LQMT) had an increase of 4.23% in short interest. LQMT’s SI was 2.06 million shares in April as released by FINRA. Its up 4.23% from 1.97 million shares previously. With 1.56 million avg volume, 1 days are for LIQUIDMETAL TECH INCORPORATED (OTCMKTS:LQMT)’s short sellers to cover LQMT’s short positions. The stock increased 3.36% or $0.009 on April 19, reaching $0.268. About shares traded. Liquidmetal Technologies Inc (OTCMKTS:LQMT) has risen 50.00% since September 13, 2016 and is uptrending. It has outperformed by 40.07% the S&P500.
...cut TBBK crap...
Investors sentiment increased to 1 in Q4 2016. Its up 0.50, from 0.5 in 2016Q3. It improved, as 0 investors sold Liquidmetal Technologies Inc shares while 0 reduced holdings. 1 funds opened positions while 0 raised stakes. 1.72 million shares or 102.35% more from 850,307 shares in 2016Q3 were reported. Dowling And Yahnke Ltd Liability Corporation has invested 0% in Liquidmetal Technologies Inc (OTCMKTS:LQMT). Carret Asset Mngmt Limited Liability has 0% invested in Liquidmetal Technologies Inc (OTCMKTS:LQMT) for 10,000 shares. Wesbanco Comml Bank Incorporated accumulated 620,307 shares or 0.01% of the stock. Ftb Advsr holds 0% of its portfolio in Liquidmetal Technologies Inc (OTCMKTS:LQMT) for 17,000 shares.
Liquidmetal Technologies, Inc. is a materials technology and manufacturing firm that develops and commercializes products made from amorphous alloys. The company has market cap of $237.03 million. The primary business of the Company is to develop and manufacture products and applications from amorphous alloys. It currently has negative earnings. The Firm designs, develops, makes and sells products and components from bulk amorphous alloys to clients in a range of industries.
Last years net operating loss was just under 10 million.
On your way to your Mill Valley home.
'And going into a long weekend.
Usually if its a pump, many bail out especially on a long weekend'
Glad you brought that up. Occurred to me as well. Strong argument against simple day trading pump and dumping.
Actually, I'm still trying to figure out what it was that did happen Thursday.
1) yes we had an unexpected news release, but it was just a 'we did what we said we would do' news. Hardly worth such a response.
2) we broke 25 cents, so was it all just a technical feeding frenzy? First, it seems like 25 cents fell a lot easier than the resistance shown a few months ago - just my impression. Second, does breaking a technical barrier on a little known penny stock really bring in such volume so quick?
3) accumulated effects of a few articles, JasonBond, etc pump and dumping? I have a hard time seeing that they were so effective, given that this stock has a high resistance to 'optimistic news' that doesn't involve an actual contract.
4) I'm leaning towards something real is coming and insider buying. Maybe this was the spark and items 1-3 added fuel to the fire.
Any thoughts out there?
I guess we will see next week.
The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the regular bid price at time of listing must be $4, and there must be at least three market makers for the stock. However, a company may qualify under a closing price alternative of $3 or $2 if the company meets varying reequirements. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.
Read more: What are the listing requirements for the Nasdaq? http://www.investopedia.com/ask/answers/121.asp#ixzz4eAC9yH2c
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What I like most about today's news release is that it did not come on a Tuesday after market. Keeps the day traders on their toes .
Might just be the west coast waking up?
Well it looks like a few slipped in after the clock. Was it a good sign? We'll see tomorrow.
So question is if we get that contract once things are up and running.
I'm still skeptical because of the Swatch problem keeping Apple away from using LM in their 'watches'.
Ah Tesla, that was the stock i sold too early as well. Bought in the upper 40's only to have it immediately drop into the 30's. Then I waited for it to claw back to my purchase price, so I sold thinking I was being to bullish. Off course, thereafter the stock kept climbing and climbing.
I notice no word of military applications. So have our canards flown the coop?
I think this stock will not make a significant move (I.e. Break 0.25) until we have a solid customer order. I don't expect any orders to be announced, just the usual minor revenue and lots of money spent on new building etc. some positive words about preparing for future manufacturing. So, Monday morning slightly down and we continue our trip sideways until somebody buys something. My 2 cents.
Unfortunately I have a meeting at 5:30, at Parnassus.
Sure. I put my office phone out there.
The general purpose of SBIR and STTR grants is to help fund small businesses by helping to develop new technologies. This is often in collaboration with academia.
If I recall there was a statement made on one of the CC that really made it sound like watches were off limits to Apple. Hard to argue AppleWatch is not a watch.
I don't think Apple can use LM for a watch, that belongs to Swatch.
That is my feeling as well. If Apple surprises with some use, great, but I doubt it will in the iPhone. To much, too soon for LQMT.
I have no idea about what they have or do not have in their order pipeline.
I do believe that they are building out because one way or another that is what needs to be done. Li didn't invest to sit on his money and see how long it can last before it's gone. This may be a case of build it and they will come, or it may be that they have already agreed to come once you build it. Most likely, it is a little bit of both. Either way, they need to get serious and build manufacturing abilities. The main point also is that they are not just an IP company trying to make it on license fees alone.
“We are very excited about the purchase of our new corporate office and manufacturing facility. The new facility will allow us to expand our manufacturing capabilities in line with our overall strategy to prepare the Company to be the global leader in amorphous alloy production,” said Professor Lugee Li, Chairman and CEO at LQMT.
Sounds like they are leaving RSM.
I largely agree. The price of many internet companies was often way out of line with profits. For years I joked with my sister that her small business made an actual profit unlike Amazon. Tesla also comes to mind as an example of a great stock based on future promise. Apple is a good case of the opposite. Wonderful money making machine with a relatively stagnant stock price because it is hard to grow the most valuable company in the world.