Wednesday, November 22, 2023 9:35:52 AM
We still need to see much higher volumes to sustain Potential, otherwise the share price moving up or down on anemic volumes means bubkis to all long term shareholders.
Historically all have seen the shares move up on anemic volumes. Which makes the stock unattractive to buy for new investors. Especially without any consistent growth in revenues by new customer contracts for years now. Keep in mind the historical losses of once major existing customers and partnerships which fade away into the night without any LQMT explanation.
LQMT has a history of not growing on revenues but popping up on minuscule contracts and then sinking lower. Perhaps the recent purchase of shares will encourage other outsiders to do the same. It doesn’t matter what is the reason for volumes to grow be it rumors hype or actual contracts. What we do know is a couple of extra shares on the buy side moves the share price up considerably, but only temporarily and without increasing trading volumes the share price tanks again and again on the same numbers.
It’s the reality of LQMT’s history. Only LQMT can change that stigma.
Will other executives add to their holdings? Will the fact that an executive like TC bought shares without any contract announcement of any size be enough to attract new increasing interest in the stock? Only time will tell. But for now the trading volumes are too anemic and no new trend has been established. The financial situation remains the same. Nothing has actually changed..
Once again all long terms are awaiting to see if others have discovered that a tree may be growing in the forest. Instead of falling.
We sure as heck know all the time when one fails. Just look at the long term chart.
Good luck to all in LQMT.
Wish TC luck.
Only time will tell.
Recent LQMT News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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