Another week passes and LQMT is up 1.8% from 0.0639 cents to 0.065 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
It has been 16 months since LQMT announced 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. History shows deals in LQMT are not imminent and any deal will happen when LQMT announces one.
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 as the fundamentals remain unchanged and reported revenues decline. There is no basis for the share price to trend higher unless one uses the hypothetical view of insider knowledge. Try to stay away from hypotheticals. They just don’t pan out well.
Manufacturing capacity is not what is preventing LQMT from inking a deal according to TC @ LQMT!!! Then what is? A question TC may have conveniently chosen not to answer or account for over the last three years.
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.
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.
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 or it is not. What the heck, can someone make a Liquid Metal pin ball machine or a Liquid Metal hammer head surface?
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.
