Yep, they are holding, lol.
But seriously, there may be some investors like me that were slowly accumulating and will not trade this until after Prof. Li's goal is achieved. If this hits NASDAQ again, it won't stop at four bucks. Institutional investors will jump in.
Right now, we probably don't have a lot of upward pressure because we don't have marketplace recognition. The press release told me that they have a customer, they are making deliveries, but there is a NDA in place. They have never been shy about releasing deals with other companies, so this is a key factor for me. Once that name is released, name recognition will be out there and demand will rise. Those holding the other half might start to jump out when they start to see significant green.
When I bought my first shares, it was because I saw the name "LiquidMetal" on my new skis. While resting from a day of skiing, I researched the company and material. The material properties are marvelous, but you know that. It has always been about management and bringing manufacturing technologies up to speed. Creating high volume production for amorphous metals at a competitive price was a challenge. Apple jumping in and forming the joint venture with us in Crucible, and then Prof. Li jumping in with the manufacturing knowledge and network finally created the right mix for commercialization.
So, those in the know added a little today, but when the next press release breaks out with the name of a high profile customer, it's going to go big time. The stock talking heads will all write about their overnight discovery, and the lemmings will follow.
I honestly believe those market numbers at 30 billion. This material has the ability to displace many other materials and new applications will be found for it.
