Thursday, May 25, 2017 10:46:52 AM
There are a lot of positive "what ifs" being tossed around without deference to the other side of the picture. "What if" Li put his $64M in for a reason other than to grow the LQMT share price ? Overlooking that possibility could turn out to be a fatal flaw for those who are dumping a lot of their savings on a boatload of HOPE.
When a rational view is taken on this situation one needs to balance Li and Chung's "investment" with the fact that the share price is mired and has in fact lost almost 20% for the poor folks (suckers?) who recently bought in at $.32c.
All of us are HOPING for the best, some are pumping hard to make the best happen on wishful thinking, and others are trying to stay grounded on reality and practicality. NOBODY has made a legitimate and verifiable case on actual sales, revenue and profit. All the rosey predictions are extrapolated from acts that could be designed for another purpose.
The true result for LQMT will not be known until 2019 .... and until that point in time there is real risk in buying these cheap shares. That view should not be held back from the knowledge base provided within the confines of this discussion. Sell or buy, that decision needs to be based on knowledge of what a person is getting into, not what others like to dream about.
Recent LQMT News
- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM