Clietz. If you bought each time at the peaks, yes. If you averaged up from the .12 price or lower, no. If you still are waiting for revenue, no. If you anticipated an Apple announcement or contract yesterday, yes. All of the DD that I have done on LQMT tells me in bold print this is a new technology, this is a highly speculative high risk BET! Occasionally getting seed/grant money and licensing money from other companies. None of the DD reveals an imminent huge contract. Only rumors on top of rumors and about 95% of these rumors are external from LQMT. I do know they have made at least over 20 prototype products for prospective companies that are interested in using the LQMT brand. This is their pipeline. From medical tools to prosthesis to automotive parts.
So far as I know from Tom S.to Mr. Li. No huge interested customer has placed an order.
So yes for all long term share holders this stinks, this is very bad. But the worst investment? Absolutely not!
I can name a dozen equities that would fit that category. LQMT does not fit that category yet.
IMHO, LQMT today with the same above risks, represents a much better bet today than they ever did. With the money used to buy and update LQMT. LQMT now has the resources to accomplish what Tom S. started over 10 years ago. They never had this before. They were in a dire financial situation, when they sold their soul to Apple. Now LQMT has enough cash to burn for at lest 3 more years before they vanish or are bought out.
In their quest for contracts they will burn through cash and add to dilution with options and salaries. Without revenue their PPS WILL DROP! This happens to all equities. There will be spikes from rumors and short term investors. There will be sell offs as REALITY sets in again as so often has with LQMT. If you think LQMT is not trying to find interested clients (your wrong) then sell. I know for a fact that they are making prototypes for interested clients. It may not be progress be cause we know of no sales. But they do have the resources and the management team now to seal the deal. I can post direct links to these facts as well including the links prototypes.
I hope this put LQMT in a more clearer light. It is difficult to wait and wait and wait. LQMT does have huge communication problems with it’s shareholders IMHO, I will grant you that. But it’s not the worst bet in these casinos. Hang in there. I did not mean for this post to be harsh. Just to help. My apologies in advance.
Good luck to you.
