Yes everything you observed from LQMT results and how they have remained silent in between financial reports, except for required PR’s points to failure with very little to zero chance at success.
I believe (only my opinion, which is worth bubkis) imho, all are aware of the dire situation at hand. Although anyone would reasonably conclude those reasons are the reasons to sell or stay away from LQMT.
However, There are a few compelling reasons to hold at a loss and to start a new position. None of those reasons have anything to do with any opinions on management. Unless one has their head buried in the sand.
Unfortunately LQMT’s only known supplier that can manufacture parts at high volume is based in China. Many businesses are now looking elsewhere to have materials purchased and manufacturing done. This leaves LQMT up shitts creek. As opportunities are becoming more scarce. As geo political relations with China worsen. Big businesses don’t want to rely on a single source supplier of materials or manufacturer. They cannot put their shareholders at risk or they could also be sued not to mention their stock would head south.
Big business cannot risk their shareholders investment the way LQMT has. That’s because imho, LQMT has never had a trending history of manufacturing large high volume orders to take advantage of a successful contract to fulfill the real or unreal potential in any of their endeavors to increase shareholder value. From auto, defense, sports, consumer electronics, non consumer electronics, industrial, medical etc., etc.
Risk Reward has zero value. But in LQMT’s case is a compelling reason to start a small position. Cash on hand may be another reason to hang on. FOMO is not a good reason to hang on. It is an emotional one. LQMT has a history of producing gains of 40% to 100% plus gains on wash rinse repeat cycles based on their own insignificant PR’s and not on rumors.
As far as buyouts go. One need not buyout LQMT to control it. Just review what LL has done. And no one need offer LQMT $1.00 a share or .50 cents a share to take control. If that were the case, I’m sure LL can find a buyer for his shares alone for a handsome profit at .25 cents a share off market.
It is because things are and look bleak that attract a few dozen or so investors. You roll the dice not because you have a positive outlook, but because the odds are against winning and if you do win you want to win big.
Now for long terms I’m sure most just want to get the heck out of this mess and walk away even or a little up. I suspect most would sell at that point and that point is less than 0.44 cents. Could be 10 cents 20 cents or maybe 30 cents. But there are a few others who want a dollar or more.
Right now it looks like all who bought in before and still have shares have been screwed or scammed. Right now it also looks like “one contract one deal can make a company” BB. Otherwise all of the executives with their warrants and options when they left LQMT are holding onto used toilet paper and the current insiders are holding onto fresh rolls.
Good luck to you.
Glad to see someone got out of this manure.
