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Re: Base2Final post# 208272

Friday, 01/08/2021 9:06:59 PM

Friday, January 08, 2021 9:06:59 PM

Post# of 232822
Thank you for your considered and knowledgeable opinion. I know far less about trading than you do, but based on the history of this stock, my guess is that being on the pink sheets will not retard the spike in LQMT's stock price. This is what I base that opinion on:

Before anyone knew the details in the MTA between Apple and LQMT, when word got out that the two companies had signed an agreement, LQMT's stock price shot up nearly 20 fold in a week or so. The day it reached its zenith of $1.76 a share, over 112 million shares were traded in a single day -- and that was when the effective float was only 1/2 of what it is today. Not a single institution was involved in the buying frenzy. It wasn't investing. It was a free for all grab for a chance at riches.

So my guess is that once a few more contracts are signed, or once one major Marquee company signs a contract with LQMT, the stock price will blow well past a dollar in short order even though it is not listed on a major exchange. That said, I would agree that for continued rapid and sustained growth (a second phase, so to speak) being listed on a major exchange is essential.


The difference between a beer and your opinion is that I asked for a beer!

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