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Monday, 12/11/2023 11:14:56 AM

Monday, December 11, 2023 11:14:56 AM

Post# of 232816
Researchfyi has been using a 20 million daily volume as an indicator that we have arrived but I don’t think it’s going to happen that way. For starters, 20 million is 4% of the float which is big and even if it hit it for a single day, it isn’t sustainable.

I look at it differently and my reasoning is as follows…most stockholders in LQMT are long term and not looking to make ten or fifteen cents in their investment…we have been through 5 or 10 or 15 years of waiting and looking for a more substantial return. Supply to support those huge volumes just isn’t there.

I define success as a 10% price move per week with daily volume of 2-3 million. A move like that could be sustainable without creating a frenzy of “2 day opportunists” . Tortoise vs hare approach.

I’m willing to be wrong for $$$$
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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