Another week passes and LQMT is down 6% from 0.066 cents to 0.062 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 from new outsiders.
To put it more plainly, manufacturing capacity is not what is preventing LQMT from inking a deal according to LQMT!!!
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? The CCP? Or Nothing? Or something else? Or what prevents TC from doing what his mentor has been doing abroad? Or maybe he is doing something. We don’t exactly know. The pictures tells a story of prototypes worth many many millions. The 10Q’s and 10K’s do not!
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. 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 (….&- - - -). All anyone can do is hope they connect with the bottom line one day soon. One day soon before all drop dead!
Could be a major reason why very few new dice rollers are placing bets at the LQMT table. They would rather increase the winning odds by paying a higher share price on a sure thing.
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.
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
In lieu of this week’s LQMT 10Q release, This weeks post except for the share price change is identical to last week’s post and is fitting. The bottom line outcome only surprises those expecting much from so little. Mind you I know it is extremely difficult to deal in reality when it comes to LQMT.
It has not been easy for me to stay on point week after week regarding the reality of what LQMT reports vs what may be expected.
There is nothing wrong with expecting skies are the limit or beyond. It just might take a little more time to get there. Time that many long terms don’t have any more.
