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Friday, October 21, 2022 10:13:02 PM
The following is a copy from last week. Why? For it’s accuracy in assessment of what was about to happen this week and the weeks to follow: without a contract or executive communication, LQMT will trade in the 6’s, then the 05’s. Why? Read on once again from last week’s weekly assessment.
Why? Realistically fundamentals have not changed. No signs of progress or new incoming revenue increases. Inflation. Cash burn. Pending deep recession and unrealistic hype to attract new dice rollers. Also not one new contract since January of this year.
All of this does not reflect on how hard the executives are working or how difficult it is to ink a mega deal. It just realistically reflects where the share price is headed and its not north.
The 6’s are unfortunately next. On the plus side due to anemic interest and trading volumes, it will hit the 6’s on low anemic volumes and less liquidity to do it.
Good luck to all in LQMT.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM
Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • INTV • Sep 4, 2024 8:45 AM
Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM