InvestorsHub Logo
Followers 25
Posts 4662
Boards Moderated 0
Alias Born 06/25/2006

Re: chipboarder post# 230609

Thursday, 08/24/2023 1:11:18 PM

Thursday, August 24, 2023 1:11:18 PM

Post# of 232830
The buyers are the MM’s for the sellers. The question that cannot be easily figured out at least with my small pea brain are who are the sellers?

Now if it were December the answer would be easy. Unless of course someone wants to take a tax loss to offset short term gains elsewhere and is betting that LQMT is logically going nowhere or it’s ok to buy back in, in a flash at a nickel or two more should by some miracle LQMT releases a PR more worthy than a wash rinse and repeat cycle.

LQMT has no reason to go higher as volumes and interest are still anemic. As noted in my weekly posts, LQMT goes up and down on no news and little volume. The markets have zero impact on LQMT.

The other realistic reason that a long term would sell at this point is they have given up due to emotional decisions. Otherwise they would have intelligently sold a long time ago at a much higher price.

Fundamentals have not changed. There is no difference today than five years ago. What has changed is the realization of those who expected or hoped for more but got less and the share price finally caught up too with that reality.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News