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Re: makingitnow post# 194459

Tuesday, 07/07/2020 10:10:55 AM

Tuesday, July 07, 2020 10:10:55 AM

Post# of 232836
Does it really matter if the pps goes up by a few percentage points? Most of us are holding stock in the company to see a very rapid increase of 500% or greater. And that will come with a BANG! It’s not going to happen by small, incremental growth. So I never understood the celebrations when the pps goes up a fraction of a penny - or even a penny or two.

I also don’t understand applying technical analysis to this specific stock. I’m not knocking technical analysis. It can be a very useful tool. But applying it to LQMT makes no sense to me (unless one is a day trader). Does it really matter if the technicals predict a breakout and the stock jumps up by a “whopping” 10-15% (only to fall back, as it has done time and time again)? We need news, not analysis. And once news breaks of contracts, or revenues kick up into several million $ a quarter, we won’t need technical analysis to tell us that the Mother of all Breakouts is coming. Just my $.02. YMMV

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