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Re: LQMTinvestor2018 post# 230602

Thursday, 08/24/2023 12:12:46 AM

Thursday, August 24, 2023 12:12:46 AM

Post# of 232693
Based on my accuracy, which was not perfect, my thoughts were LQMT could have hit the four’s in June or July. It took me just a wee bit longer to figure out the only support was the MM’s trying to earn a few bucks on a stock that barely trades.

I’m surprised. Even they, even if it were possible, can not find anything to hype on or pump to widen the spread or increase volume.

If a buyer is not interested there are no .06’s or .07’s etc. so newbies see no potential. Thus the bids get lower. No longer based on any new revenue potential or hype or company spin.

Now if there is potential then heck, the .07’s are cheap. But price is no longer based on supply and demand. Without PR updates or contacts the share price is based on the MM’s. They will make money even when the price drops below the .03’s too.

LL was not kidding, when he said patience!!!
I’m sure the pandemic and political fallout as well as supply chain problems and inflation continue to impact on the progress/time table that LL might have had for LQMT.

One thing is for sure. Based on zero news about any progress, if there were ever a nda involved. LQMT would never lose the contract based on any leak from them.

.04’s? It’s getting close. Real close. There is no economic support factually from LQMT right now to prevent the four’s or the three’s other than the valuation of the company, which to me is about 0.042 and dropping.

Good luck to all in LQMT.
Wish TC luck.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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