Another week passes and the LQMT share price is up 9.723% from 0.036 cents to 0.0395 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down and I do mean little interest in the stock.
This week’s announcement finally of LQMT’s 3rd Qtr. 10Q when analyzed properly was another nothing burger. While folks still focused on the low bar success or misinterpret financial data into something good or bad up or down they somehow always permit the screen of smoke to block them from seeing the clear line of sight
How so? Just follow the numbers. Not the 10Q numbers. The trading volume numbers. The real bottom line! No smoke no mirrors no pump no dump. Just a clear line of sight picture telling anyone interested on what the real outside interest is and how the liquidity in trades determines the true interpretation of the 10Q. And the best part is, you don’t have to be an expert in accounting to figure it out.
Like I have said a gazillion times: with anemic trading volumes the share price means BUBKIS! and so too does the 10Q.
Why? Because there were no new contracts and further there are no new contracts in 22 months and counting. The royalties and fees don’t matter if there are no contracts attached. It has nothing to do with minuscule revenues reported up or down.
It’s like the share price. The share price is up this week in the green and yet all in LQMT are in the red.
Whether one focuses on a hinge or another part or auto or medical or CE etc., all are still in the red. It means BUBKIS! It’s just another theory unproven. Another vail to hide the face of reality. To soothe the pain of LQMT’s failures from past to present to achieve success in all of its endeavors. For those truths, LQMT still trades under a dime a nickel and not above a dollar!
And this is why I say every week…Perhaps in 2024 or 2025 or 2026 LQMT might succeed and if they ever do make it in 2023, all in it will 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. Not wanting to take a loss at this point may be another.
The data reported by LQMT, are the basis for all of my opinions, which as everyone knows are always worth less than the price of a share in LQMT.
Even the LQMT charlatans and gurus have been silenced by the facts of the actual historical and present day results reported and communicated by LQMT executives and not from my opinions.
I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT. I believe I nailed it correctly. This board has had it correct past and present from potential to expectations to hope to FOMO.
LQMT, now is into it’s 22nd month without a new contract announcement. So much for adding almost two dozen more sales representatives as noted by LQMT.
Let’s face it almost a year of almost two dozen sales reps and zero new contracts!!!! Get new ones!!!!
Unfortunately I expect LQMT to hit the 02’s soon for several reasons. One of them mainly being…ITS TAX SEASON. Others can speculate on the alternative reasons.
They took a hit on their cash investment. The company says its temporary.
Good luck to all in LQMT.
Wish TC luck.
About the 10Q every quarter. Take LL’s advice…
!!!P A T I E N C E!!! Nailed that one too!
Those shares look ripe to me at these prices. Isn’t it the harvest season? So why are all still on the sidelines? 🤔 Hmmm?
