Liquidmetal Technologies Inc (LQMT)

[The Paraclete]

Everything you say is valid... many good points. The reason I think we will see $1 before the end of 2021 is because this stock is very immature. Speculation will be a large part of the stock price for several more years to come. Pricing will not follow a more rational approach, such as P:E, as the basis of its share price. Not for some time to come.

When the technology really takes off and growth approaches exponential proportions, demand could very likely outstrip supply (temporarily), because manufacturers will need time to increase capacity in relation to demand. IIRC, Lugee mentioned that Eon won’t increase capacity any more until demand warrants it.

For that reason, once we get into the burst phase (the explosion, as I referred to it), I expect rapid growth will be biphasic: an initial rocketing up during the first year or so, followed by a relatively short “stall” period as manufacturing capacity ramps up, followed by another boom cycle for a few years. By then, LQMT will have matured and rational metrics, such as the P:E, will be used as a price guideline. But that’s a few years in the future... as I see it, anyway.

Peter Lynch wrote (in Up The Street, maybe?) that you should invest in a company because you like what it’s doing and sell its stock when you no longer like what it’s doing. Sounds simple, but his advice is far from being simplistic. — Right now, I like what LQMT is doing.