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Friday, April 20, 2018 10:57:32 AM
As everyone here has witnessed this equity popped from .06 to .24 and then from .24 to .41 on basically little revenues, no PR regarding new sales, a new CEO, and a lot of hype, rumors and speculation that all concluded, might result in new contracts equating to increased revenues and a higher share price. Has that happened? The answer is no, but the sentiment of this board says; not yet.
So if a equity can pop 6 to 7 fold its negative earnings and zero P/E. It is quite possible that it can pop 4 fold from it’s current pps to a dollar + on the same hype rumors and expectations. Now throw in the momentum that this equity is building and you have all of the ingredients of a ticking time bomb with a fuse length that is anyone’s guess.
So until we get to the point when LQMT starts selling millions to justify a P/E ratio worth its pps, I would be more concerned with the ticking time bomb and what is it going to take to light the fuse and watch it explode.
I see the bomb going off first before the P/E becomes a factor. Just my opinion. My opinions are worth less than the P/E of LQMT.
Good luck to all
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
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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