Another week passes and the LQMT share price is up 2% from 0.0598 cents to 0.0 61cents, on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
Without new sales contracts of any size or an announcement of any progress from LQMT, either on their executive blog or in a PR, the trend is for LQMT’s share price to continue to head lower as the fundamentals remain unchanged and reported revenues decline.
All who are in LQMT understand the potential to various degrees. Many see the potential nullified by viewing the existing management team for being totally ineffective, incompetent or worse. While others continue to give the management team a free pass and still all long terms imo, remain due to FOMO or expect great things to happen on baseless claims. Backed up solely by personal opinions and not on actual data reported by LQMT.
All seem to be waiting with a yawn for the next 10Q. Both the anemic volumes and declining share prices offer no clues to any positive surprises. Historically LQMT’s share price goes up before a 10Q.
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. It is the main reason why FOMO lives and is probably as stated above the reason why anyone holds on regardless of any other opinion at this time.
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.
Seems like this board had/has it right the whole time. Who knew? I just try to post the facts. After all, everyone knows my opinions are worth less than the price of a share of LQMT. When I see an opinion that is not grounded in reality, but is overwhelmingly exaggerated. I try to present a balanced view based on the facts not on the emotions.
Good luck to all in LQMT.
Wish TC luck.
It’s unfortunate but the upper 0.4’s can happen real quick. Like within the month of July.
Based on fair value I don’t see the shrare price dropping below 0.041 cents. Always do your own DD before investing.
Remember going up or down in share price with anemic trading volumes means Bupkis. It means there is little to zero liquidity for new outsiders to speculate with. Liquidity is needed to attract big $$$$ and trading volumes in the millions. Positive PR’s communications from LQMT and sales contracts can fix the problem.
In the past 16 months there has been absolutely no announcement of any new contracts. Zero , zilch, bubkis. Not one to have a positive impact on the company’s share price. A clear testimony to the effectiveness of TC & Co., and their so called imaginary sales force. 21 sales reps and not one new contract announced! Well maybe they’re real. But they could’ve fooled me. When I think about it, all who own stock made more $$$$ for LQMT than the so called sales reps.
And when I think about the WW2 MANHATTAN PROJECT AND LQMT. EVEN THE MANHATTAN PROJECT HAD MORE LEAKS THEN LQMT.
