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Re: Pollux post# 209352

Sunday, 01/24/2021 7:06:42 PM

Sunday, January 24, 2021 7:06:42 PM

Post# of 232819
But technically, one would say all risk is known now. The chart wants higher, much much higher. 10yr consolidation between $0.08-$0.40 is over, imo - where it goes, if it goes, is anyones guess. I reluctantly continue to accumulate for some reason. Doubling my position in last 2 months. The most profitable trades are the ones that keep you up at night. Not the ones that make you feel good that you didn't "miss" all the action and bought into a stock that already did the 5x move.

See, cause maybe the reality is this - when the media and your friends and your neighbors, etc. start talking about BMG's, thats when you go and sell your shares. No one(the popularity moment) even knows what BMGs are yet. I get laughed daily on this stock. But thats when you know youre on the right side of history.

Knowing everything you can about a company and investing heavily into it is much more profitable then buying because you heard about it.

The biggest question is if Li wants LQMT to be his final act! From shop floor in China, to owning a NASDAQ listed firm. I believe he does have a certain element of such ambition. He isn't in it for the money - if that was the case, he would have taken the $63 million and sailed into retirement.

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