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Sunday, June 21, 2020 3:56:26 PM
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.
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
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM