You think his plan is long term? All business plans are long term. That has nothing to do with the lack of transparency and lack of communications, lack of respect and common decency towards shareholders of the company regardless of shares owned or outstanding. Companies do not put a sign on their door shouting in bold print OUT TO LUNCH will be back in three years!
The only plan I can see from the way LQMT projects itself, is to discourage new investors, except for new insiders.
Long terms are here to either make a profit on spikes or await the day, week, month or year for 7 digit revenues.
During that wait, we theorize and hypothesize on DD and the available cash LQMT has and can borrow to remain OUT TO LUNCH.
It is not a terrible way to make money. But until LQMT can better explain it’s business strategy week to week in the form of communications and transparency, it is the only way long term shareholders should be planning their own strategy for the longer term, however long that may be.
The feelings of frustration may be from the fact that LQMT has not succeeded in landing the big contract after being here 5, 10 or 15 years. But now add to that the frustration of a company that no longer feels they have to communicate and is failing to live up to there words of blog speak and you have very hopeful but low opinion for this company. That is not a very good sign or signal for new investors. Nor is it welcomed by anyone with self respect.
The cash burn rate coupled with revenues will determine the long term goals. Although, I personally do not follow people like JB or his inside rhetoric, his short term strategy is 1000% correct, and his long term strategy is too. Buy on dips sell on spikes, take your gains and wait for the day a company hits oil on your long term investment. It is a strategy I use with ssys and kyn and a few others. It is a strategy I have not applied to LQMT, but will do this year based on LQMT’s lack of communications and lack in transparency in progress. NDA’s have nothing to do with it. Investing should be about making money now and tomorrow. Not hoping for it.
Good luck to all
