Another week passes and the LQMT share price is down 10.79% from 0.0681 cents to 0.06075 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.
While folks continue to focus on the share price rise, contracts have not yet materialized.
Like, what’s wrong or right with that scenario?
They got the go ahead to use the Liquidmetal trademark. I guess they needed the orders then the announcement? Who the heck knows. It’s beyond my pay grade to speculate.
Aside from an insider purchase it looks like LQMT found a few new dice rollers as the SP has stalled. Typical of LQMT’s behavior until it heads south again. Looks like it was only an early winter storm that just turned out to be a snow flurry.
As stated a gazillion times: with anemic trading volumes the share price means BUBKIS! and so too does another picture of a product using Liquidmetal.
Why? Because there were no new contracts and further there are no new contracts into the 24th month.
Anyone see a released PR? Not yet. No!
The price rise is based on speculation of an insider purchase and expectations/speculations of a new contract to be announced within three months. Nothing wrong with that. Heck all wouldn’t mind if the share price rises to a buck or more based on hype, rumors, speculation and potential. After all it beats FOMO for holding on. But you need an actual increase in trading volumes of at least 2 to 3% of the float to support an increase in share price from any reason.
You read many times for a couple of years now the reason for the low volumes daily is that all of the long term shareholders are not selling.
Bullshit. Number one, The outstanding float is not all held by individuals holding shares. But let’s agree this time. The more obvious problem for low volume trading this time is not that anyone is not selling. Nope, it is those that are buying right now don’t see the potential of this going much higher than 0.15 to 0.18 cents to make a quick buck. Or they just want to add and buy with the expectations of someone else bidding the stock higher. For if the potential was greater than that. Don’t you think the new buyers of LQMT stock would be buying shares in the millions right now if they thought LQMT was going to a dollar soon? For that matter so too would the ones bragging how they want to buy shares but apparently don’t even have a pot to piss in.
And if that were the case a bid of 10 cents 20 cents 40 cents or 50 cents by bidders expecting this to rise to a dollar and higher definitely would have raised the volumes above 10 million shares as many would have sold part or all of their holdings. Of course I could be wrong. But watching the drip of anemic shares trading daily, weekly, monthly and annually has me brainwashed.
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.
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.
Unfortunately LQMT can still hit the 02’s.
TC’s purchase stopped the slide and created new interest. But without new contracts, how long can that last? And minuscule contracts once a year only causes more wash rinse and repeat cycles.
From the hype and possibilities of a contract of any size, it should hold the share price from 0.04 and higher for the next three months.
Now if a company is taking orders and LQMT is a supplier for those orders. LQMT is going to have to release news, one might think.
And from past experience. They will wait until the last second to do so.
Good luck to all in LQMT.
Wish TC luck
Would have been nice if TC released a Christmas message like BB did once a few years ago.
Then again maybe that is why BB is no longer employed by LQMT.
Merry Christmas everyone. Give thanks, Pray for peace.
