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Re: Tom567 post# 150226

Friday, 05/25/2018 9:20:56 AM

Friday, May 25, 2018 9:20:56 AM

Post# of 232838

Even if it were 10 mio US$ profit and supposed a PER of 30 and 900 mio shares, share price would be only at about 0.33 US$.


I understand your reasoning, but it doesn’t apply to startups. And even though lqmt has been a public company for 16 years, it is still in its startup phase. Last year the stock hit $.44 on rumor and supposition, not on contracts and revenues. A $10M contract will take the pps above $1 in just a few days.
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