Liquidmetal Technologies Inc (LQMT)

[ddaurelio]

Actually, looking at the daily chart, it looks more like a consolidation wedge to me. Given that we've tested support at around .26 and haven't broken it to the downside, I'd say there's a reasonable possibility we could start a new leg-up, since these things tend to resolve in the direction of the overall trend. That trend is decidedly positive since mid-last year. What it needs is some news of a contract or contracts. IMHO, I think they are waiting until the open house or right before to announce that. It simply wouldn't make much sense from a PR perspective to invite investors / customers / suppliers to an open house and have nothing substantive to show. Right now, I think there are a lot of longer-term holders (myself included) that are bolstering that support level.