Another week passes and LQMT is up 2.98% from 0.0673 cents to 0.0693 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
The trend for LQMT is to continue to head lower as it has been doing for six years now. This downward trend is factually backed up with the daily anemic outside interest, anemic daily trading volumes insignificant contracts, a loss of two major customers and operating costs exceeding incoming revenues from all sources continually. ( see accumulated debt annually.)
The dice roll therefore still rests on individual expectations, hopes, theories and for the most part FOMO as real interest in LQMT has dissipated.
To put it more plainly, manufacturing capacity is not what is preventing LQMT from inking a deal according to LQMT!!!
So what is??? Beats the crap out of me since Li’s consortium of companies abroad are claiming to be doing deals and contracts with whales not just gold fish companies like LQMT!!! And if li can do it abroad what prevents him from doing it in the USA?
Or as a few believe li is no longer an active participant. To that I ask regarding significant contracts; Was there a difference when he was?
Even the most ardent upbeat enthusiasts are grasping at straws as research for information has turned into continuous guesses and less actual DD on LQMT.
The LQMT website has a ton of information and is constantly being updated. Much of it has not been discovered yet and posted. I have posted some of what was known to me but not all of what is there with the purpose of getting all invested in LQMT to focus on LQMT and not to speculate. There is a trail of real (….&- - - -).
At least LQMT expectations from executives commentary have been tamped down. Can’t blame LQMT for spin. One may blame LQMT in part for the temporary pops and drops posters often refer to as Wash and Rinse & repeat cycles. They are from insignificant contracts and too much expectation based on a lack of data about those contracts from LQMT. In essence LQMT apparently is only concerned with what only legally needs to be reported. It’s in their annual 10K.
Perhaps in 2024 or 2025 or 2026 LQMT might succeed and if they ever do make it in 2023, I’ll be very thankful and glad that they did.
Again, IMO, the share price be it a nickel or a dollar means dukas with volume under 2 1/2% of the float.
Good luck to all in LQMT.
Wish TC luck.
And that man that controls LQMT. He seems to be retired. It seems his job was to silence LQMT in the same way he silenced any executive who wanted to speak up.
FOMO LIVES! It is real. It is not speculative or hype. It is pure emotion. It probably is the real reason over any other for why anyone holds regardless of their positive, negative or realistic views. If you don’t believe FOMO lives. Just take a walk around the www and see the ever increasing grasping at straws info vs the actual decrease in DD and actual research in all aspects of LQMT’s endeavors. Be it in auto medical industrial or non CE etc., a significant contract in any endeavor will rocket up the share price. Take the blinders off.
