Another week passes and LQMT is down 16% from 0.0855 to 0.07 cents. Again, on weak trading volumes and little interest. The same when LQMT moves up or down.
The dice roll as of now still rests solely on individual expectations, hopes, theories and for the most part FOMO as real interest in LQMT has dissipated. Hence the realistic facts weigh heavily on the trading, liquidity and share price of LQMT and is factually backed up by the SP trading range, traded volumes, liquidity and new interest for some time now.
LQMT’s interim CEO TC, released commentary before the 2022 10k statement on Tuesday, where he answered questions he picked out in an effort to update shareholders. Shareholders were denied an actual online Q&A for this event.
Shareholders have expressed varying opinions regarding the event.
The trading volumes remained anemic and the share price has pulled back indicating possibly nothing has changed or disappointment from the 10K numbers or outsiders on the outside of this dice roll who are not invested in LQMT too we’re disappointed and will buy at a higher price when more positive numbers or a contract have been publicly stated or backed up by more credible speculation. Meaning there is still too much risk for their pockets.
Regardless of where LQMT is at share price wise, trading volume wise or revenue wise currently, TC has a positive outlook on the future.
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. For example: was there a follow up posted regarding the trade show event? At least expectations from commentary have been tamped down. Can’t blame LQMT for spin.
TC indicates the blog will be used to update progress. Time will tell.. .
Perhaps in 2024 or 2025 or 2026 LQMT might do it and if they ever do make it in 2023, I’ll be very thankful and glad that they did.
IMO, the share price be it a nickel or a dollar means dukas with volume under 2 1/2% of the float. No volumes equal no liquidity equals little to zero interest.
Good luck to all in LQMT.
Wish TC luck.
Regardless of positive spin the 10K revenues indicate nothing new under the Sun so far. Perhaps the 2023 10K will be much better.
