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Thursday, October 08, 2015 6:45:54 AM
The article quoting Rasinger was published a few days ago, but the material in the article was developed from an interview at the Linx Show in June of 2015.
So expecting the current event of selling off a million of 30 million shares by Barney Visser to be correlated with the Engel article doesn't fly, AT ALL.
Face it, Tom Steipp, is in way over his head. Why do you think Weyler has been brought in to replace Salas. Because Steipp has been unable to perform after 6 years (June of 2009) leaving Symmetricon and going to be a consultant with LQMT and a year later being appointed CEO. I agree with Spartan. Visser is about making money and cutting his losses. It ain't rocket science.
He knows Tom Steipp and doesn't believe one thing that Steipp has cranked out by the monkey organ grinder Otis or himself at the Rodman and Renshaw dog and pony show. By now, it is clear, that LQMT is not a PONY, but a REAL DOG. It's time for a new July prediction, now. Riddle us a new one.
Shorting has been the only way to make money with LQMT since day 1 of the IPO. This is not a negative post. This is the truth. As long as there is a new tranche of buyers who don't know the history, there is a new tranche of money to keep the management afloat. Problem is, the well has run dry.
It is PERFORM and EXECUTE TIME. Time to show REVENUES and NET PROFITS.
The problem with that is STEIPP forecast MANY MONTHS ago that the stock will not break even this year. Did you forget that?
Are what you think, what you say, and what you do in agreement? Why not?
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