Another week passes and the LQMT share price is down 5.76% from 0.0685 cents to 0.06455 cents, on extremely weak trading volumes and little interest. The same when LQMT moves up or down. We’re talking a couple tenths of a penny. So up or down it doesn’t mean squat!
My prediction of LQMT hitting the 0.04’s in June or July was incorrect. That doesn’t mean it cannot happen in the months ahead. I hope it does not.
The share price which has moved up recently before a 10Q on extremely very low volumes and anemic liquidity means absolutely bubkis.
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.
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.
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. I think I nailed it, when LL virtually closed the doors on the new LQMT HQ’s.
Need more proof? Just look at the executive blog activity. Need more proof anyone see any decent executive commentary preceding a 10q? Still in disbelief? August will be 17 consecutive months without any new contract announcements. The last run recently without a new contract announcement was 18 months.
I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT.
LQMT can go to the moon or stay in the crapper. Both views are correct. It’s just that right now for LQMT the moon seems like the size of a distant star, while the crapper seems to be as big as a garbage dump waste site. LQMT can go either way.
Good luck to all in LQMT.
Wish TC luck.
The question this quarter is…will TC and Co. Step up into the batter’s box and get on base, hit a home run or strike out. Tic tic tic tic tic tic. We should know by next week.
