InvestorsHub Logo
Followers 24
Posts 4667
Boards Moderated 0
Alias Born 06/25/2006

Re: None

Sunday, 06/21/2020 3:56:26 PM

Sunday, June 21, 2020 3:56:26 PM

Post# of 232841
Another week has passed and LQMT is up 4.2% from .070 to .073. To get a clear understanding, that represents just 3/10ths of one penny. The uptick of 4% or a down tick of 4% is not the bad news. It is the low liquidity that can do it to manipulate the share price. This extreme anemic liquidity is often misread by many as to a change in SP direction LQMT is headed.

Often many shareholders believe something is up if the SP moves up more than 10% in any one trading session. These fake outs can easily be recognized by the liquidity involved to cause these up and down movements, so that false hopes and more of the same disappointments do not happen...

Just look at the trading volume. Is it less than 2% of the float? 1%? Yes it is. Anemic daily shares trading cannot predict momentum in any direction short term for this equity. That is why one should look at the price charts for over one year or more to see clearly which way LQMT is headed.

Daily trades of 3% minus any warrants exercised definitely will indicate a more definitive short term picture.

This has not happened for a few years. Why? No increased Sales quarterly and lack of communications with the shareholders, leaving them to grasp at straws that do not exist. To get a better understanding of this. One does not need to opine on what posters here think. Just re read what LQMT guru JB has written about LQMT up to this very day.

Good luck to all in LQMT.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News