I am long LIQD right now but will sell at first sign of weakness. I like the company and their potential. That said, chances of this thing going up two days in a row are remote but it could looking at Friday's volume. Most of the time though, this stock just doesn't act right. Most of the time it is a POS! It doesn't reflect the company it represents. If this continues up, it will surprise me because it never ever has. It's just the stock has a history of going only one direction and that's down with an occasional suckers bounce like we had on Friday.
I know all LIQD longs are going to be pissed at me for posting this, but the truth is, this stock has only gone one direction since the IPO not that long ago. It goes down on better than expected earnings and for no logical reason at all. I trade it, but I do not trust the stock. Again, I like the company but not the stock. It needs to continue up and close above $2.20 on volume to break its current down trend.
