Liquidmetal Technologies Inc (LQMT)

[Nerd Beautiful]

All the hype has kept me from selling bits here and there when I really should have.

Years ago I bought LQMT at 26 cents and didn’t watch it daily or even weekly. One day I looked and the price was 42 cents. I checked the boards and everyone was going nuts about possibilities, but I didn’t see it. To my mind there was no actual game changing news, just a lot of hope.

This became the one time in my life when I actually sold at the peak. I sold it all in the low 40 cent range and the stock quickly fell back to earth.

The moral: being less informed and less hyped is sometimes an advantage because it lets you think rationally.

I like the Stcoktwits people a lot. It’s a great community over there. But I’m better off without the moment by moment drip of hope, hype, and hoopla. I should probably stop reading this board too, but it’s so easy to scan the posts and pick and choose, that I feel I don’t get overwhelmed. Reddit is good for the same reason, plus the extra slow drip.

Im getting ready to sell half my holdings in LQMT going into Apple’s September event unless there’s a virtual guarantee on LM usage, discerned by rumors and leaks. I may even hold until the event and sell instantly as the Watch is announced, assuming no LM. Or maybe a portion before and a portion after.

One thing’s for sure: I will not hold this stock to my dying day. I already have a wife; LQMT’s just an investment there for the sole purpose of making me money. If they can’t do that I’ll be selling down the rest of my holdings over the following 18 months one peak at a time.