Tuesday, October 06, 2020 7:28:04 PM
Here's the deal. You have holders, traders and speculators
Holders are holding. Sometimes they get pissed not making money while other investments do. Rare exceptions like this afternoon where lqmt goes up and market goes down. Shows how little liquidity there is.
Traders sell when there is a price bump and they make a few bucks. They rebuy when it drops. Everyone freaks when the volume is 5m or 10m. There are people here with that much individually. They say put some aside and play with the rest. Virtual atm. They stoke up the price to help it go up. Wash rinse repeat.
Speculators swing in, buy the rumor, see all the people talking about $10 buy in and wait to cash in. News hits. They either get out or convert to holders or traders. With no real news you can guarantee the ATM will run at full speed. The Apple rumours are great for this.
Make up your own variations. If you did the research you know the possibility of a great payoff for holding. IMO games within games UNTIL we see a quarterly that pushes the price. Until then I hold, pick up a few here and there. Once I see some confirmation I'll start buying on the way up. I paid for this learning in lost opportunity cost. Maybe if I'm wrong I'll feel bad, but those are my thoughts. GLTAL
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
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- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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