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Thursday, November 10, 2016 5:16:30 AM
Yes, it seems pretty clear when looking at the trading volume (nothing special) and sells this week (a bunch of them) that something REALLY good is right around the corner and this conference call only means great things. LOL. Smart money usually knows, right?
Interesting points, but on the initial deal, the rumor was posted here, but nothing happened until several days later. And on this second 55 mill (which was thought impossible and you'd think would create a nice surge), there was a small, initial spike and then a slow move down into a range that is now right around Lugee's cost basis. Can't argue with your point, though, because it could go either way, but my point is it could be much ado about nothing, something good, but hard to conclude it's something that could be not-so-good.
Based on those events - conclusion as to something good or something not-so-good being the reason for the delay? Answer - inconclusive. Really tough call, but one thing that IS certain - they are VERY tight-lipped lately. That could also be because it's pissed people off before or because they do have something good in the works.
They've never really been clear on what Lugee and LQMT plan to do with his money either. It's too much money to just allow it to be "sat on" and as COB, with 2 new directors on, those 3 are not going to be OK with a stagnant stock price and/or going private. Lugee wants price appreciation. Bresnick seems like a really sharp, focused guy with his role at Leader Biomedical, and I get a really strong feeling that Carrubba is one greedy individual and if you own stock in this, greed is good.
It is certainly a head-scratcher, though, as to the reason for the delay.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
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