Another week passes and LQMT is up 1.7% from 0.0700 to .0712 cents. Again on weak trading volumes.
The dice roll as of now rests solely on individual expectations, hopes, theories and for the most part FOMO.. Hence the realistic facts weigh heavily on the trading, liquidity and share price of LQMT as all can see not even the nickels interest existing shareholders as well as new dice rollers to join the LQMT dice roll.
Feelings of despair and disappointment in LQMT have increased. It shows all across the www.
The silence from LQMT on any weekly progress towards any goals outlined in their 10Q’s Imho, give off a aura of disrespect towards outsiders no matter what their views are and have been met with the same towards LQMT by many bullish or bearish investors as indicated by their posts of discontent for the silence.
One year hasgone by and no new contracts since the last one was announced. The well intentioned research of others posted has proven so far, that zero dollars have trickled in or that they are still anticipating LQMT to receive revenue later.
The LQMT executive blog appears to be abandoned. Except for a recent trade show announcement. Once used to keep shareholders up to date on other activities in LQMT. More or less imo, it adds insult to injury, given the lack of any progress made through out the year in terms of any new or existing contract.
I hope I am wrong, but 2023 looks like another repeat rinse cycle. Where the only thing that costs less are the shares of LQMT!
As noted in a recent post there are only a couple of real clues to expect a possibility of a major news announcement and 2023 does not look likely for it.
Who would have thought a bargain and lowering prices are a negative during these inflationary times? All wish the share price would rise beyond their reach upwards and not downwards.
Li obviously cannot express his thoughts freely. It’s not his fault. The economy in China is a wreck, further dampening progress. Too bad China did not think to have backup manufacturing outside of China to keep their economy up and running before &!during their own supply crisis. It reflects on LQMT sales. It also reflects on the companies here doing business in China. They also, have been pulling out in search of backup suppliers.
For years now LQMT, has stated they have a supplier problem as far as geographical diversity goes way before the China problem. Have they fixed it? NO!!!
On the positive side LQMT still exists and as long as they do and as long as they have a few dollars left to bleed out there is hope that they may find a customer or two or three interested in using and ordering parts from LQMT. It’s not much to go on, but it’s the only thing they factually have that I am aware of to keep me at the LQMT dice roll table at any price aside from, what LQMT has stated in their past filed documents of last year.
Perhaps in 2024 or 2025 or 2026 LQMT might do it. With interest rates still going up and probabilities of a full blown recession on the horizon. Again, I don’t think 2023 is the year for LQMT. Too much silence! Too many broken promises. Too many theories and too few actualities of their realizations. As a matter of fact. Zero realizations from theories no matter how well intentioned or honestly laid out.
Good luck to all in LQMT.
Wish TC luck. Better yet! Pray for TC to succeed! And pray for Li too, while you’re at it! It can’t hurt!
