Another week passes and the LQMT share price is up 2% from 0.04805 cents to 0.049 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
Can the share price go lower? Yes, 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. Meaning extreme low interest in the stock.
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 the main reason why anyone holds on regardless of any other opinion at this time.
LQMT has sufficient cash as of the last 10Q to keep their phone line open and per-sue contracts.
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.
There still are a lot of doubts if LQMT is ever going to succeed given the history and the manner in which the ip was shared and shares were sold to LL and ip to Eontec.
Good luck to all in LQMT.
Wish TC luck.
