Friday, January 25, 2019 3:11:16 PM
Not even the website pumpers can conjure up a reason to buy. Website pumpers and back room penny stock charlatans cannot pump the stock. So based on the reality of anemic income, no pr and anemic interest LQMT is stuck in penny land with little indications of change.
Not even the posters here hyping CE have had an impact. A few believe they had by ignoring the worst December selloff in equities and one of the best January bounce backs. But the volume still remains extremely light. With a float of 400 million shares any move up or down on less than 5% of the float is sad. It is just another indicator how little some people know about stock momentum.
If you base momentum on the March purchase date 2 years 10 months the stock is flat. If you base moment from the .44 spike in 2017 the trend is lower. But to base momentum from a December sell off to a January buyback momentum is meaningless. A more accurate measurement will be from February to April. Either the SP will hopefully stay flat or move up a bit or continue it’s past long term trend of going lower.
A good sign would be for LQMT to show 15% to 20% growth over the 3rd quarterly report for last year. It is also possible that LQMT relied heavily on accounts receivable to puff up the income. If this was done sales for the next quarter could be lower than everyone expects.
The interest in LQMT is on life support. The trading volume is on life support. The communications between LQMT and shareholders are on life support. LQMT recognition in micro land is on life support and of course your LQMT position may be on life support.
Good luck to you.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- 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
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