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Re: None

Saturday, 11/04/2017 4:08:35 AM

Saturday, November 04, 2017 4:08:35 AM

Post# of 232693
Last few days shows its impossible to trade LQMT without causing a major impact on the price, Up or Down. Only the smallest percent of the volume can be Sold/Bought at the high/low levels, the rest is lost in the middle with little or no reward but risk of not buying back your original holdings (for major Holders, not talking about a few 10’s thousands)

While LQMT may have pushed past 40cents in Sept/Oct, most of todays trades where made between .23-.29, So with LQMT closing .27 the majority of sellers sold under current value.

If in 2 days, 20+ million shares (4% of Float) trying to cash out causes such a large drop, then imagine the price spike when that money tries to buy back more that 20+ million shares due to the lower price.

Trading a penny stock is near impossible to get right. Its much easier to just Buy n Hold with your eyes fixed on the final goal, Nasdaq. The ups and downs along the way are just that. For now the lower price is a Gift to True Longs, Keep shovelling those pennies, and DO NOT have any Stop Orders in place !!

NASDAQ or BUST

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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