Another week passes and LQMT is up 3.1% from 0.062 cents to 0.0639 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
It has been 16 months since a new contract.
All of their recent financial statements 10K’s and 10Q’s back this up and are in direct contrast and at odds with any spin given by anyone outside of LQMT who believe LQMT is doing just fine and deals are imminent.
Any share price under .25 cents tells me LQMT is not doing fine and anemic trading volumes are also telling me LQMT is not doing fine. Both have to increase at the same time.
The trend for LQMT is to continue to head lower. This fact has been proven all the while LQMT had $64.5 million $55 million $45 million or $35 million in assets and makes no difference how many shares an insider owned during the same time frame of seven years. (See LQMT’s filed statements for the same time frame if anyone needs proof.)
New real interest in LQMT has dissipated from new outsiders. (See trading volumes.)
Manufacturing capacity is not what is preventing LQMT from inking a deal according to TC @ LQMT!!!
Of course I disagree with his position about a backup supplier. But maybe he knows he has a deal in the works without one and that is purely speculation on my behalf. And if he doesn’t have a deal in the works without a backup manufacturer then someone is definitely pulling his strings also as I noted in a recent post.
Li’s consortium of companies abroad are claiming to be doing deals and contracts with whales.
The logic for many to hang on is if Li, can do it abroad what prevents him from doing it in the USA? Or what prevents TC from doing what his mentor has been doing abroad?
For others it is (fear of missing out) FOMO.
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 use of LQMT IP BY CHINA IN THE PAST HAS BEEN RESTRICTED TO CHINA’s FOOTPRINT.
There is some proof on the www that LQMT’s IP USE IN PARTS HAVE TRICKLED INTO LQMT’s FOOTPRINT.
So far it means absolute dukas!!! (Read LQMT’s filed statements for proof.)
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 (….&- - - -.)
THERE ARE ALSO CUES ON THESE PAGES AS TO WHY LQMT DOES NOT NEED A NDA FOR EVERY CONSUMER PART ENDEAVOR AND WHY THEY DO NOT HAVE TO UPDATE SHAREHOLDERS AS TO ANY PROGRESS. (Which I posted recently.)
HINT: Anyone see a lawsuit against the Apple headset?
All of the parts where LQMT uses forward worded language need no updates nor is LQMT indicating a potential sale, negotiation or progress towards any. Rather LQMT is displaying the capabilities and if interested a deal can ensue or one might be in the works or can be if one interested party is interested.
So that all might understand the last statement above, you have to do a little DD of the 10Q’s which were pointed out in a recent post.
What one outside of LQMT derives from this is speculation and anything else one wants to see and LQMT is in no way responsible for the spin that results from one’s imagination.
In other words sometimes LOGIC and FOMO are too embarrassing for many to hang on. So inventing and conjuring up other angles based on (so called great finds) good intentions becomes the reasons for hanging on. They don’t increase interest in LQMT or the bottom line. But they do seem more soothing for hanging on. Many in the last category cannot comprehend those who hang on for the first two reasons. Thus they tend to focus less on LQMT and more on things that have nothing to do with LQMT, as if in the know. This too, has been going on for more years then I want to know.
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.
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. It does not have to be CE, but I don’t think anyone would complain if it is.
There is nothing wrong with expecting skies are the limit or beyond. It just might take more time to get there. Time that many long terms don’t have any more.
