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Thursday, 06/15/2023 11:33:52 AM

Thursday, June 15, 2023 11:33:52 AM

Post# of 232743
I don’t believe the “float” numbers as published…..using traditional thinking, the float is 500 million shares but the actual number available for sale at any time looks to be PERHAPS 20 million. That is why relatively low volumes can jerk the price so violently. Most of the volume is very tightly held and not available for sale.

A different model is needed to explain the price movement (or non movement in the case of bad/non news). Certainly price movement and volume are important but perhaps it need another multiplier like potential upside divided by possible downside risk….the downside is well defined at $0.07 but the upside is many times that number so the strength of that factor overpowers everything else in the model. Call this a “greed factor” or FOMO or whatever but it seems to be very powerful for LQMT and it provides a base to support the price in the absence of news.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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