Liquidmetal Technologies Inc (LQMT)

[hnybdgr1]

As technical analysis based trader I doubt this will go back down to .10 like many people are hoping. Some nice moving average cross over potential here to the upside. That accompanied by a positive report on May 5th could set this thing up for a an upside trend. There is no doubt that things are beginning to improve no matter how shady things seem to have been managed.

Also, if buy side volume begins to move in and push the stock upward the shorts will have to buy to cover, further pushing the stock to the upside. In addition, knowing that CIP patents have been issued during the first quarter after the expiration of the MTA extension with Apple we may get an annoucement of continued collaboration with Apple during the 1Q conference call. Definitely some speculation here and I am not too stubborn to admit that I have been wrong before, but positive things do seem to be in motion. We'll know more next week.