Another week passes and LQMT closes up 3% from .114 to .118. LQMT continues to trade in a very narrow range of .10 to .15 as expected by most here, who anticipate LQMT to make good on their recent 10Q commentary in early August. There is no doubt about the expectations of a existing product or new product being sold.
However, there is much doubt that those parts new or old will amount to much this quarter as LQMT has not updated any progress or assigned a Dollar value estimated or actual to any of their potential revenues received from any sales, whether in existing markets or a new market.
Transparency has not been a LQMT strength for any investor or dice roller in LQMT for as long as anyone, long or short can remember. Thus the theories of where the sales will come from and how much will it impact the bottom line seems to be the main focus.
In essence, nothing has changed. LQMT still remains a guessing game and all guesses so far seem to be correct. (or should that be incorrect?). For LQMT has not hit a Penney, nor has it hit a $1.00 dollar. From CE to auto to medical to Li, himself.
A few things though are not guesses... the low interest in the stock, the low liquidity in the stock, making it very difficult for serious investors to roll the dice and the current pps that remains under $1.00 dollar. Thus the PPS remains subject to fears of manipulation as all wait for serious revenues to flow in and that the LQMT silence has a huge payoff. Other than that. LQMT, is doing just fine.
Good luck to all in LQMT
