Another week passes and the LQMT share price is down 5.1% from 0.058 cents to 0.055 cents, 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.
The share price can drop between 0.045 and 0.049 as the value of LQMT is heading south and not north.
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.
FOMO lives and is probably is the main reason why anyone holds on regardless of any other opinion at this time.
There are no realistic bullish facts from LQMT right now that I am aware of to realistically support a bullish position. There are however, realistic forward worded statements that might suggest having one since LQMT’s IPO inception There are certain laws that protect LQMT against a lawsuit with regards to forward wording.
On the other hand there are about a dozen factual reasons stated by LQMT in every 10Q and not foreword worded as to why one might want to be bearish and none of those reasons have anything to do with LQMT’s declining revenues.
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.
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.
Q1. Still would like to know where that extra $5,000.00 dollars came from? As stated in 10Q2?
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.
Good luck to all in LQMT.
Wish TC luck.
Q2. How come LL over in China has no problems getting amorphous metal prototypes accepted by whales abroad but LQMT USA, has had zero whales and only acceptance by customers in the last decade amounting to insignificant contracts.?
Did not BB state LQMT has successfully satisfied the criteria for acceptance by the tier one level customer before he exited LQMT?
Now there’s something to study…Hmmm?
Just another whim for FOMO.
