InvestorsHub Logo
Followers 24
Posts 4611
Boards Moderated 0
Alias Born 06/25/2006

Re: iateclube post# 230166

Monday, 07/17/2023 12:09:48 AM

Monday, July 17, 2023 12:09:48 AM

Post# of 232693
And even that reasoning is flawed as well. As things can get worse. But I hope not by much. The premise of that logic is that things are at its worse. Although I don’t believe LQMT will drop below 0.041 cents according to my estimates of what LQMT might be worth. It sure can still drop further. If the cash burn continues unabated then the fair value goes lower too.

Now concerning your noting for being bullish. That too is a feeling and also is not based on anything tangible. In essence it is the reason for why all who are bullish are bullish no matter what the price is. Some thought LQMT might not go below a dime. Therefore they were bullish. But those are opinions, optimistic opinions based on feelings not any facts. They are baseless.

I’m looking for a real reason to be bullish based on actual data. But thanks for the effort. You probably explained in plain English why those who are bullish are bullish.

I mean, heck, I can draw a maze of companies and draw all sorts of lines and dots and dashes and say look here and look there and talk myself into seeing actual connections and possibly trickle down revenues of all sorts. But after six years of that crap would that still be the basis for me being bullish? Most definitely not. Expectations based on that is not substantial and is subjective not objective.

Even BB came close with his profound one deal can make LQMT. You know flip it from poverty to prosperity. But that too was based not on anything LQMT was about to produce. Just a common sense statement. A statement that gave many the belief that something imminent was about to happen. Just like PH did and others too.

Might be a reason to be bullish for a quarter or two. But not enough to be bullish today.

That’s like saying I’m bullish due to FOMO. Heck if you are correct we will see 10 million shares trading tomorrow in the buy column. After all who the heck wants to miss out on this opportunity where LQMT just hit bottom.

I’ll put your reasoning to the test tomorrow. I know that was not your reasoning. But why you think others might have one to be bullish.

Good luck to you.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News