Saturday, October 15, 2022 4:53:00 AM
https://finance.yahoo.com/news/gloom-grips-china-investors-never-010000622.html
Always do your own research. Remember all research is not DD in LQMT. The reality of what impacts successful enterprises impacts unsuccessful one’s as well. Especially when faced with a global recession. Just as a global pandemic affected the markets quickly. Global recessions affect the markets in the same way, only slower and money wise more painful as the pain lasts much longer.
The decision long term to close LQMT’s OH turns out to be a very bad one for LQMT. The need to find a domestic manufacturer now is more acute then ever.
Li might be an expert in metallurgy but not in global economics.
Li, also, may not have had a choice in the matter given the way business is run under CCP rules. None of it imaginary. Except by one or two who do not or refuse to understand China’s structure of how business and life is controlled and how businesses outside of China are controlled too, by the influence of money from the CCP. From bought U.S. politicians to U.S. companies. It’s nothing new to those informed. It is new to those with their heads in the sand.
The bottom line: without new contracts big or small. LQMT is in fact headed south of D border. Next stop the 0.06’s again and then the five’s.
Good luck to all in LQMT.
Reality can be good, bad or painful. Stay informed.
Wish TC luck on his endeavors to ink a contract.
Because hype and copy and waste and imaginary connections simply will not do it. CONTRACTS WILL!! Nothing else!!!
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