Another week passes and the LQMT share price dropped 12.48% from 0.0549 cents to 0.04805 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down. LQMT still is trading in the .04’s as predicted a long time ago, based on the long term trends of LQMT’s failures to change their fundamentals. Again this board nailed it and read the fundamentals of LQMT correctly.
Looks like BB may have nailed it correctly too, in his forward worded commentary, alluding to the fact that LQMT’s success could be a one off.
If you are bullish, LQMT is cheap at any price under a dime. If you are bearish LQMT is too expensive at any price right now.
Looks like anyone pumping or hyping LQMT’s possibilities got caught with empty pockets. Where as LQMT over the years would trade with higher volumes at higher prices. It now trades less with lower prices. One would think either the deep pockets of those pumping and hyping exist no more or the conviction too has truthfully evaporated.
Can the share price go lower? Only if the volumes remain anemic, which they are and TC & Co. Releases no updates on progress or a contract with a new customer or old one.
But always remember the share price means bubkis without trading volumes in the millions of shares daily.
To iterate; 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 following was an accurate prediction. Except LQMT dipped below 0.045 and hit my LQMT valuation price.
“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.
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.
Two questions remain unanswered:
Q1. Still would like to know where that extra $5,000.00 dollars came from? As stated in 10Q2?
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 accepting LQMT’s prototypes here in the USA?
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.
The longer it takes to serve up the beef, the cheaper the LQMT shares become. It’s only a surprise to those with their heads in the sand.
But remember, with anemic trading volumes it means bubkis.
